PFM vs AVTM overlap
PFM and AVTM overlap 32.2% by weight, across 349 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (PFM: July 31, 2026, AVTM: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | PFM | AVTM | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 3.89% | 4.14% | 3.89% |
| Microsoft Corp.MSFT | 4.06% | 2.71% | 2.71% |
| JPMorgan ChaseJPM | 3.41% | 2.53% | 2.53% |
| ELI Lilly & CoLLY | 3.92% | 1.73% | 1.73% |
| Broadcom Inc.AVGO | 3.42% | 1.11% | 1.11% |
| Goldman Sachs GPGS | 1.09% | 1.70% | 1.09% |
| VISA Inc.-Class aV | 2.20% | 0.94% | 0.94% |
| Cisco SystemsCSCO | 1.66% | 0.75% | 0.75% |
| Costco WholesaleCOST | 1.53% | 0.61% | 0.61% |
| Bank of AmericaBAC | 1.59% | 0.58% | 0.58% |
| Qualcomm Inc.QCOM | 0.56% | 0.60% | 0.56% |
| Exxon Mobil Corp.XOM | 2.33% | 0.52% | 0.52% |
| Johnson&JohnsonJNJ | 2.24% | 0.48% | 0.48% |
| Pepsico Inc.PEP | 0.69% | 0.45% | 0.45% |
| Oracle Corp.ORCL | 1.35% | 0.38% | 0.38% |
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: PFM, SEC Form N-PORT, July 31, 2026; AVTM, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | PFM | AVTM |
|---|---|---|
| MAI Capital Management | $2.1M | $34.0M |
| Sanctuary Advisors, LLC | $322K | $15.4M |
| Wells Fargo & Company | $12.5M | $1K |
| HighTower Advisors, LLC | $3.1M | $6.5M |
| Citadel Advisors LLC | $513K | $729K |
| Goldman Sachs Group Inc. | $648K | $323K |
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: PFM institutional holders, AVTM institutional holders.
Frequently asked questions
How much do PFM and AVTM overlap?
32.2% by weight, with 349 holdings in common, using holdings for PFM as of July 31, 2026 and AVTM as of May 31, 2026. The largest shared position is AAPL.
Do institutions hold both PFM and AVTM?
6 Form 13F filers report positions in both, out of 165 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%.