MGC vs FBCG overlap
MGC and FBCG overlap 56.2% by weight, across 67 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (MGC: May 31, 2026, FBCG: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | MGC | FBCG | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 9.10% | 14.90% | 9.10% |
| Apple Inc.AAPL | 8.55% | 9.31% | 8.55% |
| Microsoft Corp.MSFT | 6.24% | 4.94% | 4.94% |
| Amazon.COM Inc.AMZN | 4.88% | 5.86% | 4.88% |
| Alphabet Inc.-aGOOGL | 4.13% | 9.27% | 4.13% |
| Broadcom Inc.AVGO | 3.95% | 4.38% | 3.95% |
| META Platforms-aMETA | 2.58% | 2.31% | 2.31% |
| Micron TechMU | 2.04% | 1.97% | 1.97% |
| ELI Lilly & CoLLY | 1.75% | 2.71% | 1.75% |
| Tesla Inc.TSLA | 2.29% | 1.28% | 1.28% |
| ADV Micro DeviceAMD | 1.57% | 1.06% | 1.06% |
| Mastercard Inc.-aMA | 0.73% | 0.85% | 0.73% |
| Unitedhealth GRPUNH | 0.64% | 0.68% | 0.64% |
| Netflix Inc.NFLX | 0.68% | 0.55% | 0.55% |
| LAM ResearchLRCX | 0.74% | 0.49% | 0.49% |
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; FBCG, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | MGC | FBCG |
|---|---|---|
| FMR LLC | $9.4M | $1.2B |
| Envestnet Asset Management Inc. | $922.1M | $177.6M |
| JPMorgan Chase & Co | $20.2M | $545.5M |
| Bank of America Corp. | $418.6M | $100.5M |
| Morgan Stanley | $161.2M | $112.9M |
| Wells Fargo & Company | $156.2M | $80.6M |
| Commonwealth Equity Services, LLC | $45.3M | $180.8M |
| Cetera Investment Advisers | $81.9M | $102.7M |
| UBS Group AG | $125.8M | $52.5M |
| PNC Financial Services Group, Inc. | $118.9M | $58.0M |
| LPL Financial LLC | $122.1M | $44.0M |
| Northwestern Mutual Wealth Management Co | $78.8M | $53.4M |
| Ameriprise Financial Inc. | $99.8M | $922K |
| OneDigital Investment Advisors LLC | $752K | $97.3M |
| Raymond James Financial Inc. | $94.0M | $3.8M |
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: MGC institutional holders, FBCG institutional holders.
Frequently asked questions
How much do MGC and FBCG overlap?
56.2% by weight, with 67 holdings in common, using holdings for MGC as of May 31, 2026 and FBCG as of July 31, 2026. The largest shared position is NVDA.
Do institutions hold both MGC and FBCG?
140 Form 13F filers report positions in both, out of 707 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%.