PCMM vs CPLS overlap
10 institutions report holding both PCMM and CPLS.
PCMMCPLS
Pick 2 to 4 ETFs.
We don’t have holdings for PCMM. 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.
10
institutions report holding both, of 90 holding any
PCMM13.2% of its 13F dollars, 13.0% of its 77 holders
CPLS48.9% of its 13F dollars, 43.5% of its 23 holders
Largest institutions holding both
| Firm | PCMM | CPLS |
|---|---|---|
| LPL Financial LLC | $1.9M | $57.9M |
| Envestnet Asset Management Inc. | $11.8M | $5.4M |
| Royal Bank of Canada | $1.1M | $5.5M |
| Citadel Advisors LLC | $2.2M | $734K |
| Jane Street Group, LLC | $1.4M | $817K |
| Cetera Investment Advisers | $817K | $258K |
| Morgan Stanley | $2K | $282K |
| NewEdge Advisors, LLC | $142K | $6K |
| Global Retirement Partners, LLC | $5K | $67K |
| Integrated Wealth Concepts LLC | $40K | $5K |
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: PCMM institutional holders, CPLS institutional holders.
Frequently asked questions
Do institutions hold both PCMM and CPLS?
10 Form 13F filers report positions in both, out of 90 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%.