PABU vs FTLS overlap
PABU and FTLS overlap 30.0% by weight, across 34 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (PABU: May 31, 2026, FTLS: 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 | PABU | FTLS | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 7.67% | 7.02% | 7.02% |
| Microsoft Corp.MSFT | 6.49% | 3.69% | 3.69% |
| Nvidia Corp.NVDA | 10.13% | 3.14% | 3.14% |
| Alphabet Inc.-aGOOGL | 1.94% | 2.21% | 1.94% |
| Amazon.COM Inc.AMZN | 3.18% | 1.64% | 1.64% |
| Mastercard Inc.-aMA | 1.43% | 2.36% | 1.43% |
| META Platforms-aMETA | 2.28% | 1.35% | 1.35% |
| Broadcom Inc.AVGO | 3.35% | 1.20% | 1.20% |
| Analog DevicesADI | 1.01% | 1.24% | 1.01% |
| JPMorgan ChaseJPM | 1.41% | 0.88% | 0.88% |
| Abbvie Inc.ABBV | 0.63% | 1.74% | 0.63% |
| Equinix Inc.EQIX | 2.64% | 0.58% | 0.58% |
| Autodesk Inc.ADSK | 0.63% | 0.53% | 0.53% |
| Merck & CoMRK | 0.53% | 1.33% | 0.53% |
| Prologis Inc.PLD | 2.37% | 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: PABU, SEC Form N-PORT, May 31, 2026; FTLS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PABU | FTLS |
|---|---|---|
| Morgan Stanley | $5K | $436.9M |
| Royal Bank of Canada | $60K | $197.4M |
| Steward Partners Investment Advisory, LLC | $52K | $7.0M |
| HRT Financial LP | $210K | $269K |
| JPMorgan Chase & Co | $20K | $398K |
| UBS Group AG | $226K | $147K |
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: PABU institutional holders, FTLS institutional holders.
Frequently asked questions
How much do PABU and FTLS overlap?
30.0% by weight, with 34 holdings in common, using holdings for PABU as of May 31, 2026 and FTLS as of July 31, 2026. The largest shared position is AAPL.
Do institutions hold both PABU and FTLS?
6 Form 13F filers report positions in both, out of 284 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%.