PAMC vs FLQS overlap

PAMC and FLQS overlap 3.0% by weight, across 9 shared holdings.

PAMCFLQS

Pick 2 to 4 ETFs.

3.0%

overlap by weight, across 9 shared holdings

PAMC3.0% of the fund is in shared holdings, of 149

FLQS6.1% of the fund is in shared holdings, of 494

Top shared holdings

Holding	PAMC	FLQS	Overlap
Essent Group Ltd.ESNT	0.55%	0.96%	0.55%
Firstcash HoldinFCFS	0.50%	0.90%	0.50%
Select INS GRPSIGI	0.39%	0.84%	0.39%
Abercrombie & FIANF	0.36%	0.63%	0.36%
TXNM Energy Inc.TXNM	0.27%	0.75%	0.27%
Portland GeneralPOR	0.27%	0.70%	0.27%
Spire Inc.SR	0.22%	0.56%	0.22%
Brink's Co/theBCO	0.21%	0.53%	0.21%
Greif Inc.-CL aGEF	0.17%	0.22%	0.17%

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: PAMC, SEC Form N-PORT, July 31, 2026; FLQS, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 49 holding any

PAMC30.5% of its 13F dollars, 30.0% of its 30 holders

FLQS73.6% of its 13F dollars, 32.1% of its 28 holders

Largest institutions holding both

Firm	PAMC	FLQS
LPL Financial LLC	$2.3M	$17.6M
Cambridge Investment Research Advisors, Inc.	$4.2M	$2.3M
Osaic Holdings, Inc.	$1.6M	$2.9M
Susquehanna International Group, LLP	$1.2M	$1.8M
JPMorgan Chase & Co	$1.3M	$813K
Cetera Investment Advisers	$226K	$1.4M
Geneos Wealth Management Inc.	$1.5M	$87K
Harbour Investments, Inc.	$93K	$921K
Aptus Capital Advisors, LLC	$286K	$20K

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: PAMC institutional holders, FLQS institutional holders.

Frequently asked questions

How much do PAMC and FLQS overlap?

3.0% by weight, with 9 holdings in common, using holdings for PAMC as of July 31, 2026 and FLQS as of June 30, 2026. The largest shared position is ESNT.

Do institutions hold both PAMC and FLQS?

9 Form 13F filers report positions in both, out of 49 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%.