PIO vs PBD overlap
PIO and PBD overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
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: PIO, SEC Form N-PORT, July 31, 2026; PBD, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PIO | PBD |
|---|---|---|
| HighTower Advisors, LLC | $360K | $36.9M |
| Morgan Stanley | $14.0M | $7.5M |
| Raymond James Financial Inc. | $774K | $8.0M |
| UBS Group AG | $4.7M | $3.5M |
| LPL Financial LLC | $4.8M | $2.6M |
| Wells Fargo & Company | $5.5M | $1.8M |
| Royal Bank of Canada | $261K | $6.9M |
| Osaic Holdings, Inc. | $4.9M | $377K |
| Mercer Global Advisors Inc. | $829K | $4.2M |
| Stifel Financial Corp. | $2.2M | $2.7M |
| Cetera Investment Advisers | $1.2M | $2.3M |
| Ameriprise Financial Inc. | $416K | $2.2M |
| Susquehanna International Group, LLP | $625K | $1.4M |
| Commonwealth Equity Services, LLC | $1.3M | $386K |
| Citadel Advisors LLC | $1.3M | $272K |
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: PIO institutional holders, PBD institutional holders.
Frequently asked questions
How much do PIO and PBD overlap?
0.0% by weight, with 0 holdings in common, using holdings for PIO as of July 31, 2026 and PBD as of July 31, 2026.
Do institutions hold both PIO and PBD?
37 Form 13F filers report positions in both, out of 158 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%.