FWD vs CGNG overlap
FWD and CGNG overlap 14.3% by weight, across 22 shared holdings.
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Top shared holdings
| Holding | FWD | CGNG | Overlap |
|---|---|---|---|
| Broadcom Inc.AVGO | 3.03% | 2.14% | 2.14% |
| Samsung Electron005930 | 2.07% | 2.55% | 2.07% |
| Nvidia Corp.NVDA | 1.98% | 1.50% | 1.50% |
| Alphabet Inc.-aGOOGL | 1.25% | 1.25% | 1.25% |
| META Platforms-aMETA | 1.04% | 0.97% | 0.97% |
| SK Hynix Inc.000660 | 0.97% | 7.49% | 0.97% |
| Mediatek2454 | 1.00% | 0.85% | 0.85% |
| Rolls-Royce HOLDRR/ | 0.66% | 0.84% | 0.66% |
| KLA Corp.KLAC | 0.94% | 0.61% | 0.61% |
| Corning Inc.GLW | 0.97% | 0.51% | 0.51% |
| Astrazeneca PLCAZN | 0.79% | 0.41% | 0.41% |
| GE Vernova Inc.GEV | 0.58% | 0.36% | 0.36% |
| Micron TechMU | 1.36% | 0.27% | 0.27% |
| Cloudflare Inc.-aNET | 0.42% | 0.27% | 0.27% |
| ASML Holding-NYASML | 1.37% | 0.23% | 0.23% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: FWD, SEC Form N-PORT, May 31, 2026; CGNG, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | FWD | CGNG |
|---|---|---|
| LPL Financial LLC | $224.0M | $330.2M |
| Envestnet Asset Management Inc. | $23.3M | $201.4M |
| Northwestern Mutual Wealth Management Co | $26.8M | $152.6M |
| Raymond James Financial Inc. | $23.2M | $123.8M |
| Wells Fargo & Company | $692K | $145.4M |
| Bank of America Corp. | $88.4M | $55.5M |
| Betterment LLC | $85.9M | $552K |
| Integrated Wealth Concepts LLC | $73.6M | $6.5M |
| Osaic Holdings, Inc. | $12.1M | $39.9M |
| Cambridge Investment Research Advisors, Inc. | $19.6M | $30.0M |
| UBS Group AG | $24.2M | $25.1M |
| MML Investors Services, LLC | $8.8M | $35.8M |
| Commonwealth Equity Services, LLC | $3.1M | $40.3M |
| Bleakley Financial Group, LLC | $37.9M | $4.9M |
| Private Advisor Group, LLC | $18.3M | $13.7M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: FWD institutional holders, CGNG institutional holders.
Frequently asked questions
How much do FWD and CGNG overlap?
14.3% by weight, with 22 holdings in common, using holdings for FWD as of May 31, 2026 and CGNG as of May 31, 2026. The largest shared position is AVGO.
Do institutions hold both FWD and CGNG?
60 Form 13F filers report positions in both, out of 305 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.