IWX vs BKLC overlap
IWX and BKLC overlap 50.2% by weight, across 149 shared holdings.
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Top shared holdings
| Holding | IWX | BKLC | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 7.53% | 6.81% | 6.81% |
| Microsoft Corp.MSFT | 5.44% | 5.26% | 5.26% |
| Amazon.COM Inc.AMZN | 8.32% | 4.02% | 4.02% |
| JPMorgan ChaseJPM | 3.44% | 1.46% | 1.46% |
| Berkshire HATH-BBRK/B | 3.66% | 1.10% | 1.10% |
| Exxon Mobil Corp.XOM | 2.23% | 1.00% | 1.00% |
| Johnson&JohnsonJNJ | 2.40% | 0.95% | 0.95% |
| META Platforms-aMETA | 0.88% | 1.88% | 0.88% |
| Walmart Inc.WMT | 1.78% | 0.74% | 0.74% |
| Cisco SystemsCSCO | 1.82% | 0.71% | 0.71% |
| Abbvie Inc.ABBV | 1.61% | 0.68% | 0.68% |
| Costco WholesaleCOST | 0.92% | 0.65% | 0.65% |
| Intel Corp.INTC | 2.40% | 0.62% | 0.62% |
| Bank of AmericaBAC | 1.38% | 0.59% | 0.59% |
| Unitedhealth GRPUNH | 1.47% | 0.58% | 0.58% |
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: IWX, SEC Form N-PORT, June 30, 2026; BKLC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | IWX | BKLC |
|---|---|---|
| Integrated Wealth Concepts LLC | $5.9M | $699.0M |
| Morgan Stanley | $21.0M | $228.2M |
| Envestnet Asset Management Inc. | $191.0M | $18.4M |
| AE Wealth Management LLC | $123.7M | $36K |
| Ameriprise Financial Inc. | $44.4M | $74.4M |
| Aptus Capital Advisors, LLC | $166K | $117.0M |
| LPL Financial LLC | $50.8M | $52.8M |
| Royal Bank of Canada | $11.1M | $46.5M |
| UBS Group AG | $39.6M | $14.2M |
| Northwestern Mutual Wealth Management Co | $3.1M | $40.2M |
| Cetera Investment Advisers | $21.8M | $20.3M |
| JPMorgan Chase & Co | $30.3M | $9.9M |
| HighTower Advisors, LLC | $5.4M | $30.3M |
| Bank of America Corp. | $28.1M | $1.5M |
| NewEdge Advisors, LLC | $18.3M | $5.9M |
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: IWX institutional holders, BKLC institutional holders.
Frequently asked questions
How much do IWX and BKLC overlap?
50.2% by weight, with 149 holdings in common, using holdings for IWX as of June 30, 2026 and BKLC as of July 31, 2026. The largest shared position is AAPL.
Do institutions hold both IWX and BKLC?
61 Form 13F filers report positions in both, out of 358 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%.