MGC vs CGBL overlap
MGC and CGBL overlap 28.6% by weight, across 41 shared holdings.
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Top shared holdings
| Holding | MGC | CGBL | Overlap |
|---|---|---|---|
| Broadcom Inc.AVGO | 3.95% | 4.58% | 3.95% |
| Alphabet Inc.-CGOOG | 3.25% | 2.79% | 2.79% |
| Micron TechMU | 2.04% | 2.23% | 2.04% |
| Apple Inc.AAPL | 8.55% | 2.01% | 2.01% |
| Microsoft Corp.MSFT | 6.24% | 1.96% | 1.96% |
| Nvidia Corp.NVDA | 9.10% | 1.20% | 1.20% |
| META Platforms-aMETA | 2.58% | 1.10% | 1.10% |
| VISA Inc.-Class aV | 1.02% | 0.92% | 0.92% |
| Intel Corp.INTC | 0.86% | 0.91% | 0.86% |
| Amazon.COM Inc.AMZN | 4.88% | 0.81% | 0.81% |
| ELI Lilly & CoLLY | 1.75% | 0.73% | 0.73% |
| Unitedhealth GRPUNH | 0.64% | 0.64% | 0.64% |
| Bank of AmericaBAC | 0.62% | 0.96% | 0.62% |
| Caterpillar Inc.CAT | 0.76% | 0.58% | 0.58% |
| General ElectricGE | 0.60% | 0.52% | 0.52% |
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: MGC, SEC Form N-PORT, May 31, 2026; CGBL, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | MGC | CGBL |
|---|---|---|
| Envestnet Asset Management Inc. | $922.1M | $366.5M |
| LPL Financial LLC | $122.1M | $710.5M |
| Wells Fargo & Company | $156.2M | $384.9M |
| Bank of America Corp. | $418.6M | $15.0M |
| Morgan Stanley | $161.2M | $233.6M |
| Raymond James Financial Inc. | $94.0M | $215.4M |
| Cetera Investment Advisers | $81.9M | $182.9M |
| Cambridge Investment Research Advisors, Inc. | $50.3M | $196.9M |
| Commonwealth Equity Services, LLC | $45.3M | $132.2M |
| Osaic Holdings, Inc. | $28.0M | $136.1M |
| UBS Group AG | $125.8M | $12.7M |
| Royal Bank of Canada | $36.8M | $95.6M |
| PNC Financial Services Group, Inc. | $118.9M | $112K |
| Kestra Advisory Services, LLC | $48.9M | $66.8M |
| Jones Financial Companies LLLP | $19.7M | $89.7M |
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: MGC institutional holders, CGBL institutional holders.
Frequently asked questions
How much do MGC and CGBL overlap?
28.6% by weight, with 41 holdings in common, using holdings for MGC as of May 31, 2026 and CGBL as of June 30, 2026. The largest shared position is AVGO.
Do institutions hold both MGC and CGBL?
149 Form 13F filers report positions in both, out of 741 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%.