PIEQ vs ILF overlap
PIEQ and ILF overlap 1.7% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | PIEQ | ILF | Overlap |
|---|---|---|---|
| VALE SA Sponsored ADSVALE | 1.70% | 8.40% | 1.70% |
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; ILF, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | PIEQ | ILF |
|---|---|---|
| Principal Securities, Inc. | $396.3M | $1.7M |
| Envestnet Asset Management Inc. | $378.8M | $17.3M |
| Susquehanna International Group, LLP | $817K | $58.6M |
| LPL Financial LLC | $3.6M | $28.4M |
| Jane Street Group, LLC | $2.4M | $15.4M |
| UBS Group AG | $13K | $13.5M |
| Northwestern Mutual Wealth Management Co | $2K | $8.5M |
| Assetmark, Inc. | $2K | $8.2M |
| Commonwealth Equity Services, LLC | $703K | $6.5M |
| Private Advisor Group, LLC | $2.2M | $4.7M |
| Citigroup Inc. | $13K | $5.2M |
| Citadel Advisors LLC | $266K | $4.6M |
| Capital Investment Advisory Services, LLC | $2.9M | $29K |
| Smartleaf Asset Management LLC | $2.0M | $406 |
| FMR LLC | $49K | $378K |
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, ILF institutional holders.
Frequently asked questions
How much do PIEQ and ILF overlap?
1.7% by weight, with 1 holdings in common, using holdings for PIEQ as of June 30, 2026 and ILF as of June 30, 2026. The largest shared position is VALE.
Do institutions hold both PIEQ and ILF?
18 Form 13F filers report positions in both, out of 341 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%.