LCAP vs FTLS overlap
LCAP and FTLS overlap 29.5% by weight, across 19 shared holdings.
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Top shared holdings
| Holding | LCAP | FTLS | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 6.06% | 7.02% | 6.06% |
| Microsoft Corp.MSFT | 3.87% | 3.69% | 3.69% |
| Nvidia Corp.NVDA | 7.18% | 3.14% | 3.14% |
| Alphabet Inc.-aGOOGL | 5.38% | 2.21% | 2.21% |
| Western DigitalWDC | 1.82% | 1.95% | 1.82% |
| Amazon.COM Inc.AMZN | 3.73% | 1.64% | 1.64% |
| META Platforms-aMETA | 1.62% | 1.35% | 1.35% |
| Bank of AmericaBAC | 1.27% | 1.22% | 1.22% |
| Broadcom Inc.AVGO | 3.36% | 1.20% | 1.20% |
| Taiwan Semic-ADRTSM | 1.16% | 2.15% | 1.16% |
| Berkshire HATH-BBRK/B | 0.98% | 1.00% | 0.98% |
| T-Mobile US Inc.TMUS | 0.96% | 1.16% | 0.96% |
| McKesson Corp.MCK | 2.04% | 0.95% | 0.95% |
| JPMorgan ChaseJPM | 2.82% | 0.88% | 0.88% |
| Abbvie Inc.ABBV | 0.80% | 1.74% | 0.80% |
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: LCAP, SEC Form N-PORT, June 30, 2026; FTLS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | LCAP | FTLS |
|---|---|---|
| Morgan Stanley | $1.3M | $436.9M |
| Envestnet Asset Management Inc. | $190.4M | $34.9M |
| Ameriprise Financial Inc. | $2.2M | $179.0M |
| LPL Financial LLC | $890K | $174.8M |
| NewEdge Advisors, LLC | $9.0M | $568K |
| Simplicity Wealth,LLC | $543K | $4.1M |
| Integrated Wealth Concepts LLC | $16K | $3.3M |
| JPMorgan Chase & Co | $137K | $398K |
| CoreCap Advisors, LLC | $57K | $108K |
| Northwestern Mutual Wealth Management Co | $2K | $1K |
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: LCAP institutional holders, FTLS institutional holders.
Frequently asked questions
How much do LCAP and FTLS overlap?
29.5% by weight, with 19 holdings in common, using holdings for LCAP as of June 30, 2026 and FTLS as of July 31, 2026. The largest shared position is AAPL.
Do institutions hold both LCAP and FTLS?
10 Form 13F filers report positions in both, out of 273 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%.