PJP vs AIVL overlap
PJP and AIVL overlap 0.2% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | PJP | AIVL | Overlap |
|---|---|---|---|
| Pfizer Inc.PFE | 4.50% | 0.19% | 0.19% |
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: PJP, SEC Form N-PORT, July 31, 2026; AIVL, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | PJP | AIVL |
|---|---|---|
| Morgan Stanley | $12.1M | $10.6M |
| LPL Financial LLC | $5.9M | $6.8M |
| Royal Bank of Canada | $2.0M | $3.8M |
| Osaic Holdings, Inc. | $1.1M | $4.1M |
| Envestnet Asset Management Inc. | $4.4M | $771K |
| UBS Group AG | $5.1M | $22K |
| Raymond James Financial Inc. | $2.7M | $2.4M |
| Wells Fargo & Company | $3.0M | $1.2M |
| Commonwealth Equity Services, LLC | $981K | $2.7M |
| Cambridge Investment Research Advisors, Inc. | $1.8M | $1.5M |
| Institute for Wealth Management, LLC. | $1.4M | $880K |
| Susquehanna International Group, LLP | $492K | $1.7M |
| Captrust Financial Advisors | $300K | $1.7M |
| Rockefeller Capital Management L.P. | $1.8M | $107K |
| Cetera Investment Advisers | $1.0M | $744K |
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: PJP institutional holders, AIVL institutional holders.
Frequently asked questions
How much do PJP and AIVL overlap?
0.2% by weight, with 1 holdings in common, using holdings for PJP as of July 31, 2026 and AIVL as of June 30, 2026. The largest shared position is PFE.
Do institutions hold both PJP and AIVL?
41 Form 13F filers report positions in both, out of 205 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%.