NZAC vs FEMR overlap
NZAC and FEMR overlap 6.0% by weight, across 27 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | NZAC | FEMR | Overlap |
|---|---|---|---|
| TSMC2330 | 1.89% | 11.79% | 1.89% |
| SK Hynix Inc.000660 | 0.73% | 6.64% | 0.73% |
| SK Square Co Ltd.402340 | 0.46% | 1.40% | 0.46% |
| Delta ELEC2308 | 0.41% | 1.56% | 0.41% |
| Tencent700 | 0.40% | 1.97% | 0.40% |
| Samsung Electron005930 | 0.37% | 6.43% | 0.37% |
| Accton Tech2345 | 0.20% | 0.96% | 0.20% |
| Delta Electronics Thailand PCLDELTA-R | 0.16% | 0.89% | 0.16% |
| Contemporary a-a300750 | 0.16% | 0.68% | 0.16% |
| AL Rajhi BankRJHI | 0.14% | 1.06% | 0.14% |
| Mediatek2454 | 0.14% | 2.21% | 0.14% |
| BABA-W9988 | 0.14% | 0.97% | 0.14% |
| Bharat ElectronBHE | 0.13% | 0.53% | 0.13% |
| Southern CopperSCCO | 0.12% | 0.75% | 0.12% |
| Erste Bank PolskSPL | 0.09% | 0.35% | 0.09% |
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: NZAC, SEC Form N-PORT, June 30, 2026; FEMR, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | NZAC | FEMR |
|---|---|---|
| Integrated Wealth Concepts LLC | $571K | $3.8M |
| LPL Financial LLC | $3.2M | $1.1M |
| FMR LLC | $28K | $62K |
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: NZAC institutional holders, FEMR institutional holders.
Frequently asked questions
How much do NZAC and FEMR overlap?
6.0% by weight, with 27 holdings in common, using holdings for NZAC as of June 30, 2026 and FEMR as of June 30, 2026. The largest shared position is 2330.
Do institutions hold both NZAC and FEMR?
3 Form 13F filers report positions in both, out of 67 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%.