PAPR vs FHEQ overlap
27 institutions report holding both PAPR and FHEQ.
PAPRFHEQ
Pick 2 to 4 ETFs.
We don’t have holdings for PAPR. Most funds that aren’t in the SEC’s N-PORT data are unit trusts, grantor trusts or very new funds. The institutions tab may still have them.
27
institutions report holding both, of 267 holding any
PAPR25.7% of its 13F dollars, 11.5% of its 234 holders
FHEQ15.9% of its 13F dollars, 45.0% of its 60 holders
Largest institutions holding both
| Firm | PAPR | FHEQ |
|---|---|---|
| Cetera Investment Advisers | $11.8M | $34.7M |
| Osaic Holdings, Inc. | $30.0M | $3.3M |
| Envestnet Asset Management Inc. | $16.2M | $15.2M |
| Cambridge Investment Research Advisors, Inc. | $21.4M | $6.3M |
| Commonwealth Equity Services, LLC | $11.0M | $13.7M |
| MML Investors Services, LLC | $7.7M | $15.9M |
| Raymond James Financial Inc. | $17.9M | $5.2M |
| LPL Financial LLC | $16.4M | $5.1M |
| HighTower Advisors, LLC | $12.9M | $6.6M |
| Kestra Advisory Services, LLC | $13.8M | $5.6M |
| Truist Financial Corp. | $5.5M | $7.4M |
| Beacon Pointe Advisors, LLC | $9.6M | $319K |
| Brookstone Capital Management | $6.3M | $787K |
| Harbour Investments, Inc. | $3.3M | $1.1M |
| CRA Financial Services, LLC | $3.2M | $1.1M |
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: PAPR institutional holders, FHEQ institutional holders.
Frequently asked questions
Do institutions hold both PAPR and FHEQ?
27 Form 13F filers report positions in both, out of 267 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%.