PBUS vs MOAT overlap
PBUS and MOAT overlap 14.3% by weight, across 51 shared holdings.
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Top shared holdings
| Holding | PBUS | MOAT | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 7.77% | 2.45% | 2.45% |
| Broadcom Inc.AVGO | 3.05% | 2.43% | 2.43% |
| Microsoft Corp.MSFT | 4.81% | 2.20% | 2.20% |
| Amazon.COM Inc.AMZN | 3.94% | 1.33% | 1.33% |
| META Platforms-aMETA | 2.09% | 1.17% | 1.17% |
| Applied MaterialAMAT | 0.54% | 2.34% | 0.54% |
| PALO ALTO NetworPANW | 0.34% | 2.51% | 0.34% |
| Pepsico Inc.PEP | 0.30% | 1.17% | 0.30% |
| Thermo FisherTMO | 0.28% | 1.18% | 0.28% |
| Amphenol Corp.-aAPH | 0.28% | 1.50% | 0.28% |
| Walt Disney Co/TDIS | 0.28% | 1.19% | 0.28% |
| Schwab (Charles)SCHW | 0.22% | 2.45% | 0.22% |
| Bristol-MYER SQBBMY | 0.18% | 2.43% | 0.18% |
| Danaher Corp.DHR | 0.18% | 2.41% | 0.18% |
| Fortinet Inc.FTNT | 0.13% | 2.21% | 0.13% |
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: PBUS, SEC Form N-PORT, May 31, 2026; MOAT, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | PBUS | MOAT |
|---|---|---|
| Morgan Stanley | $1.6B | $595.3M |
| LPL Financial LLC | $22.5M | $543.3M |
| Bank of America Corp. | $315K | $550.1M |
| Raymond James Financial Inc. | $122.7M | $242.6M |
| Wells Fargo & Company | $29 | $197.0M |
| Cetera Investment Advisers | $56.1M | $119.9M |
| Bank of New York Mellon Corp | $166.5M | $2.7M |
| Jones Financial Companies LLLP | $427K | $140.3M |
| Royal Bank of Canada | $67K | $87.7M |
| UBS Group AG | $7.3M | $75.4M |
| Axxcess Wealth Management, LLC | $76.7M | $3.7M |
| Capital Asset Advisory Services LLC | $77.2M | $240K |
| Mirae Asset Global Investments Co., Ltd. | $67.3M | $4.2M |
| Osaic Holdings, Inc. | $100K | $66.3M |
| Envestnet Asset Management Inc. | $17.3M | $48.4M |
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: PBUS institutional holders, MOAT institutional holders.
Frequently asked questions
How much do PBUS and MOAT overlap?
14.3% by weight, with 51 holdings in common, using holdings for PBUS as of May 31, 2026 and MOAT as of June 30, 2026. The largest shared position is NVDA.
Do institutions hold both PBUS and MOAT?
43 Form 13F filers report positions in both, out of 746 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%.