PICK vs DFAR overlap
PICK and DFAR overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (PICK: May 31, 2026, DFAR: July 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
These funds hold nothing in common.
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: PICK, SEC Form N-PORT, May 31, 2026; DFAR, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PICK | DFAR |
|---|---|---|
| HighTower Advisors, LLC | $7.3M | $71.2M |
| Elwood & Goetz Wealth Advisory Group, LLC | $984K | $47.0M |
| LPL Financial LLC | $18.9M | $10.8M |
| Morgan Stanley | $27.5M | $21K |
| Stifel Financial Corp. | $25.9M | $206K |
| UBS Group AG | $25.8M | $52 |
| Beacon Pointe Advisors, LLC | $1.1M | $24.5M |
| D. E. Shaw & Co., Inc. | $17.0M | $8.5M |
| Raymond James Financial Inc. | $13.7M | $11.0M |
| Kestra Advisory Services, LLC | $17.4M | $1.4M |
| Concurrent Investment Advisors, LLC | $2.9M | $12.3M |
| Pathstone Holdings, LLC | $890K | $12.3M |
| Envestnet Asset Management Inc. | $8.0M | $4.6M |
| Cambridge Investment Research Advisors, Inc. | $1.2M | $9.6M |
| Royal Bank of Canada | $8.0M | $2.2M |
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: PICK institutional holders, DFAR institutional holders.
Frequently asked questions
How much do PICK and DFAR overlap?
0.0% by weight, with 0 holdings in common, using holdings for PICK as of May 31, 2026 and DFAR as of July 31, 2026.
Do institutions hold both PICK and DFAR?
59 Form 13F filers report positions in both, out of 498 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%.