PDN vs IFLO overlap
PDN and IFLO overlap 2.0% by weight, across 18 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | PDN | IFLO | Overlap |
|---|---|---|---|
| VAR Energi ASAVAR | 0.21% | 1.03% | 0.21% |
| Andritz AGANDR | 0.21% | 0.56% | 0.21% |
| IpsenIPN | 0.19% | 0.84% | 0.19% |
| Saipem SpaSPM | 0.19% | 0.97% | 0.19% |
| Frontline PLCFRO | 0.18% | 1.01% | 0.18% |
| Konecranes OYJKCR | 0.14% | 0.52% | 0.14% |
| Buzzi SpaBZU | 0.14% | 0.55% | 0.14% |
| Recordati SpaREC | 0.13% | 0.39% | 0.13% |
| OBIC Co Ltd.4684 | 0.11% | 0.36% | 0.11% |
| Kandenko Co Ltd.1942 | 0.11% | 0.48% | 0.11% |
| DPM Metals Inc.DPM | 0.10% | 0.82% | 0.10% |
| Oceanagold Corp.OGC | 0.09% | 1.13% | 0.09% |
| Endeavour MiningEDV | 0.08% | 2.26% | 0.08% |
| GaztransportGTT | 0.08% | 0.42% | 0.08% |
| Nemetschek SENEM | 0.04% | 0.28% | 0.04% |
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: PDN, SEC Form N-PORT, July 31, 2026; IFLO, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | PDN | IFLO |
|---|---|---|
| Susquehanna International Group, LLP | $4.5M | $311K |
| Jane Street Group, LLC | $1.2M | $2.4M |
| Flow Traders U.S. LLC | $684K | $1.3M |
| LPL Financial LLC | $1.3M | $226K |
| Raymond James Financial Inc. | $484K | $455K |
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: PDN institutional holders, IFLO institutional holders.
Frequently asked questions
How much do PDN and IFLO overlap?
2.0% by weight, with 18 holdings in common, using holdings for PDN as of July 31, 2026 and IFLO as of June 30, 2026. The largest shared position is VAR.
Do institutions hold both PDN and IFLO?
5 Form 13F filers report positions in both, out of 107 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%.