GPIQ vs EQWL overlap
GPIQ and EQWL overlap 25.7% by weight, across 34 shared holdings.
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Top shared holdings
| Holding | GPIQ | EQWL | Overlap |
|---|---|---|---|
| Microsoft Corp.MSFT | 3.95% | 1.13% | 1.13% |
| Amazon.COM Inc.AMZN | 4.20% | 1.11% | 1.11% |
| Apple Inc.AAPL | 6.59% | 1.03% | 1.03% |
| ADV Micro DeviceAMD | 4.10% | 1.02% | 1.02% |
| Broadcom Inc.AVGO | 2.68% | 1.01% | 1.01% |
| Applied MaterialAMAT | 2.51% | 0.99% | 0.99% |
| Nvidia Corp.NVDA | 7.47% | 0.97% | 0.97% |
| Texas InstrumentTXN | 1.23% | 0.95% | 0.95% |
| Cisco SystemsCSCO | 2.04% | 0.95% | 0.95% |
| META Platforms-aMETA | 2.77% | 0.95% | 0.95% |
| Costco WholesaleCOST | 1.97% | 0.94% | 0.94% |
| Linde PLCLIN | 1.11% | 0.91% | 0.91% |
| Micron TechMU | 5.62% | 0.89% | 0.89% |
| Walmart Inc.WMT | 2.12% | 0.89% | 0.89% |
| LAM ResearchLRCX | 2.36% | 0.88% | 0.88% |
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: GPIQ, SEC Form N-PORT, June 30, 2026; EQWL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | GPIQ | EQWL |
|---|---|---|
| LPL Financial LLC | $171.5M | $258.2M |
| Bank of America Corp. | $144.6M | $46.4M |
| Envestnet Asset Management Inc. | $12.6M | $138.0M |
| Goldman Sachs Group Inc. | $108.6M | $18.8M |
| Morgan Stanley | $825K | $100.8M |
| Cetera Investment Advisers | $14.9M | $82.4M |
| Osaic Holdings, Inc. | $23.0M | $67.4M |
| Ameriprise Financial Inc. | $6.2M | $67.4M |
| HighTower Advisors, LLC | $71.7M | $1.2M |
| Wells Fargo & Company | $71.4M | $345K |
| Raymond James Financial Inc. | $37.6M | $33.2M |
| UBS Group AG | $51.3M | $8.6M |
| Cambridge Investment Research Advisors, Inc. | $7.5M | $47.0M |
| Royal Bank of Canada | $45.1M | $9.2M |
| Jones Financial Companies LLLP | $2.1M | $50.8M |
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: GPIQ institutional holders, EQWL institutional holders.
Frequently asked questions
How much do GPIQ and EQWL overlap?
25.7% by weight, with 34 holdings in common, using holdings for GPIQ as of June 30, 2026 and EQWL as of July 31, 2026. The largest shared position is MSFT.
Do institutions hold both GPIQ and EQWL?
80 Form 13F filers report positions in both, out of 417 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%.