JEPQ vs JEPI overlap
JEPQ and JEPI overlap 21.4% by weight, across 35 shared holdings.
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Top shared holdings
| Holding | JEPQ | JEPI | Overlap |
|---|---|---|---|
| LAM ResearchLRCX | 2.85% | 1.56% | 1.56% |
| Nvidia Corp.NVDA | 6.59% | 1.52% | 1.52% |
| Apple Inc.AAPL | 5.74% | 1.52% | 1.52% |
| Amazon.COM Inc.AMZN | 3.62% | 1.46% | 1.46% |
| Broadcom Inc.AVGO | 2.13% | 1.31% | 1.31% |
| Microsoft Corp.MSFT | 3.84% | 1.28% | 1.28% |
| META Platforms-aMETA | 2.35% | 1.21% | 1.21% |
| Costco WholesaleCOST | 1.15% | 1.11% | 1.11% |
| Analog DevicesADI | 1.10% | 1.10% | 1.10% |
| Walmart Inc.WMT | 1.76% | 0.91% | 0.91% |
| Pepsico Inc.PEP | 0.66% | 1.19% | 0.66% |
| Netflix Inc.NFLX | 1.20% | 0.65% | 0.65% |
| Texas InstrumentTXN | 0.83% | 0.60% | 0.60% |
| Vertex PharmVRTX | 0.59% | 1.46% | 0.59% |
| Intuitive SurgicISRG | 0.61% | 0.54% | 0.54% |
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: JEPQ, SEC Form N-PORT, June 30, 2026; JEPI, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | JEPQ | JEPI |
|---|---|---|
| Morgan Stanley | $1.6B | $2.8B |
| Bank of America Corp. | $894.3M | $1.7B |
| JPMorgan Chase & Co | $1.4B | $329.5M |
| LPL Financial LLC | $1.1B | $585.3M |
| Wells Fargo & Company | $595.6M | $977.4M |
| Envestnet Asset Management Inc. | $266.5M | $638.9M |
| Raymond James Financial Inc. | $271.1M | $495.6M |
| Royal Bank of Canada | $299.0M | $452.9M |
| Cetera Investment Advisers | $209.3M | $390.3M |
| Osaic Holdings, Inc. | $268.3M | $327.3M |
| UBS Group AG | $196.8M | $369.0M |
| Commonwealth Equity Services, LLC | $202.2M | $221.0M |
| Jones Financial Companies LLLP | $154.8M | $192.7M |
| Ameriprise Financial Inc. | $339.5M | $6.2M |
| RiverFront Investment Group, LLC | $126.6M | $199.1M |
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: JEPQ institutional holders, JEPI institutional holders.
Frequently asked questions
How much do JEPQ and JEPI overlap?
21.4% by weight, with 35 holdings in common, using holdings for JEPQ as of June 30, 2026 and JEPI as of June 30, 2026. The largest shared position is LRCX.
Do institutions hold both JEPQ and JEPI?
835 Form 13F filers report positions in both, out of 1,599 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%.