PIEQ vs GEM overlap
PIEQ and GEM overlap 9.7% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | PIEQ | GEM | Overlap |
|---|---|---|---|
| Samsung Electron005930 | 8.00% | 7.54% | 7.54% |
| BABA-W9988 | 3.21% | 1.82% | 1.82% |
| NATL Bank GreeceETE | 2.47% | 0.13% | 0.13% |
| YUM China Holdings Inc. - XHKG ListingYUMC | 2.14% | 0.11% | 0.11% |
| TRIP.COM Group L9961 | 1.63% | 0.07% | 0.07% |
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: PIEQ, SEC Form N-PORT, June 30, 2026; GEM, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | PIEQ | GEM |
|---|---|---|
| Envestnet Asset Management Inc. | $378.8M | $162.6M |
| Principal Securities, Inc. | $396.3M | $31.0M |
| LPL Financial LLC | $3.6M | $114.0M |
| Jane Street Group, LLC | $2.4M | $39.0M |
| UBS Group AG | $13K | $15.4M |
| Commonwealth Equity Services, LLC | $703K | $13.7M |
| Susquehanna International Group, LLP | $817K | $3.8M |
| Private Advisor Group, LLC | $2.2M | $790K |
| Northwestern Mutual Wealth Management Co | $2K | $2.4M |
| Integrated Wealth Concepts LLC | $16K | $1.8M |
| Apollon Financial, LLC | $213K | $971K |
| Citigroup Inc. | $13K | $1.1M |
| FMR LLC | $49K | $411K |
| Cape Investment Advisory, Inc. | $68K | $4K |
| Harbour Investments, Inc. | $6K | $48K |
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: PIEQ institutional holders, GEM institutional holders.
Frequently asked questions
How much do PIEQ and GEM overlap?
9.7% by weight, with 5 holdings in common, using holdings for PIEQ as of June 30, 2026 and GEM as of May 31, 2026. The largest shared position is 005930.
Do institutions hold both PIEQ and GEM?
16 Form 13F filers report positions in both, out of 212 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%.