PRF vs NOBL overlap
PRF and NOBL overlap 13.3% by weight, across 68 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (PRF: July 31, 2026, NOBL: May 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
| Holding | PRF | NOBL | Overlap |
|---|---|---|---|
| Exxon Mobil Corp.XOM | 1.86% | 1.44% | 1.44% |
| Chevron Corp.CVX | 1.30% | 1.44% | 1.30% |
| Johnson&JohnsonJNJ | 1.13% | 1.46% | 1.13% |
| Walmart Inc.WMT | 0.75% | 1.31% | 0.75% |
| Procter & GamblePG | 0.68% | 1.48% | 0.68% |
| Abbvie Inc.ABBV | 0.58% | 1.56% | 0.58% |
| Caterpillar Inc.CAT | 0.43% | 1.60% | 0.43% |
| Target Corp.TGT | 0.37% | 1.41% | 0.37% |
| Coca-Cola Co/theKO | 0.34% | 1.55% | 0.34% |
| Pepsico Inc.PEP | 0.34% | 1.36% | 0.34% |
| Abbott LabsABT | 0.34% | 1.35% | 0.34% |
| IBMIBM | 0.33% | 1.71% | 0.33% |
| LOWE'S COS Inc.LOW | 0.29% | 1.25% | 0.29% |
| Nucor Corp.NUE | 0.29% | 1.76% | 0.29% |
| Linde PLCLIN | 0.27% | 1.47% | 0.27% |
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: PRF, SEC Form N-PORT, July 31, 2026; NOBL, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | PRF | NOBL |
|---|---|---|
| Morgan Stanley | $115.1M | $979.0M |
| Bank of America Corp. | $589.6M | $465.8M |
| LPL Financial LLC | $162.1M | $337.8M |
| Ameriprise Financial Inc. | $428.8M | $49.3M |
| Wells Fargo & Company | $121.3M | $204.6M |
| Envestnet Asset Management Inc. | $258.6M | $25.7M |
| Raymond James Financial Inc. | $83.2M | $195.8M |
| PNC Financial Services Group, Inc. | $261.8M | $3.7M |
| UBS Group AG | $42.2M | $194.4M |
| Royal Bank of Canada | $66.6M | $160.7M |
| Waverly Advisors, LLC | $193.3M | $18.4M |
| Commonwealth Equity Services, LLC | $146.8M | $60.7M |
| Cresset Asset Management, LLC | $3.6M | $194.7M |
| Mariner, LLC | $163.6M | $7.6M |
| Cambridge Investment Research Advisors, Inc. | $56.0M | $99.8M |
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: PRF institutional holders, NOBL institutional holders.
Frequently asked questions
How much do PRF and NOBL overlap?
13.3% by weight, with 68 holdings in common, using holdings for PRF as of July 31, 2026 and NOBL as of May 31, 2026. The largest shared position is XOM.
Do institutions hold both PRF and NOBL?
261 Form 13F filers report positions in both, out of 1,164 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%.