MLRG vs FLCG overlap
MLRG and FLCG overlap 44.4% by weight, across 71 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (MLRG: July 31, 2026, FLCG: May 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 | MLRG | FLCG | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 7.20% | 13.53% | 7.20% |
| Apple Inc.AAPL | 6.94% | 12.38% | 6.94% |
| Microsoft Corp.MSFT | 5.29% | 7.91% | 5.29% |
| Amazon.COM Inc.AMZN | 4.08% | 4.51% | 4.08% |
| Alphabet Inc.-aGOOGL | 3.19% | 6.80% | 3.19% |
| Broadcom Inc.AVGO | 2.77% | 6.69% | 2.77% |
| META Platforms-aMETA | 1.86% | 3.21% | 1.86% |
| ELI Lilly & CoLLY | 1.41% | 1.75% | 1.41% |
| Tesla Inc.TSLA | 1.34% | 2.46% | 1.34% |
| ADV Micro DeviceAMD | 1.19% | 0.89% | 0.89% |
| Mastercard Inc.-aMA | 0.71% | 0.71% | 0.71% |
| Abbvie Inc.ABBV | 0.68% | 2.04% | 0.68% |
| Costco WholesaleCOST | 0.65% | 2.28% | 0.65% |
| General ElectricGE | 0.58% | 1.41% | 0.58% |
| Netflix Inc.NFLX | 0.46% | 0.52% | 0.46% |
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: MLRG, SEC Form N-PORT, July 31, 2026; FLCG, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | MLRG | FLCG |
|---|---|---|
| Commonwealth Equity Services, LLC | $12.0M | $207.9M |
| LPL Financial LLC | $26.3M | $55.5M |
| Cambridge Investment Research Advisors, Inc. | $6.0M | $60.6M |
| Raymond James Financial Inc. | $4.3M | $33.5M |
| Kestra Advisory Services, LLC | $1.1M | $31.1M |
| Cetera Investment Advisers | $22.0M | $1.7M |
| JPMorgan Chase & Co | $17.8M | $77K |
| Osaic Holdings, Inc. | $16.4M | $33 |
| Envestnet Asset Management Inc. | $4.0M | $11.8M |
| MML Investors Services, LLC | $2.4M | $11.7M |
| Royal Bank of Canada | $10.6M | $3.2M |
| DAVENPORT & Co LLC | $272K | $5.6M |
| Sanctuary Advisors, LLC | $779K | $3.9M |
| Northwestern Mutual Wealth Management Co | $3.2M | $18K |
| Private Advisor Group, LLC | $1.3M | $896K |
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: MLRG institutional holders, FLCG institutional holders.
Frequently asked questions
How much do MLRG and FLCG overlap?
44.4% by weight, with 71 holdings in common, using holdings for MLRG as of July 31, 2026 and FLCG as of May 31, 2026. The largest shared position is NVDA.
Do institutions hold both MLRG and FLCG?
19 Form 13F filers report positions in both, out of 205 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%.