PRIV vs FREL overlap

PRIV and FREL overlap 0.0% by weight, across 0 shared holdings.

PRIVFREL

Pick 2 to 4 ETFs.

0.0%

overlap by weight, across 0 shared holdings

PRIV0.0% of the fund is in shared holdings, of 341

FREL0.0% of the fund is in shared holdings, of 122

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: PRIV, SEC Form N-PORT, July 31, 2026; FREL, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 234 holding any

PRIV1.2% of its 13F dollars, 14.8% of its 27 holders

FREL1.1% of its 13F dollars, 1.9% of its 211 holders

Largest institutions holding both

Firm	PRIV	FREL
Beaumont Financial Advisors, LLC	$9.8M	$1.6M
AE Wealth Management LLC	$6	$7.1M
Global Retirement Partners, LLC	$135K	$720K
Integrated Wealth Concepts LLC	$59K	$20K

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: PRIV institutional holders, FREL institutional holders.

Frequently asked questions

How much do PRIV and FREL overlap?

0.0% by weight, with 0 holdings in common, using holdings for PRIV as of July 31, 2026 and FREL as of July 31, 2026.

Do institutions hold both PRIV and FREL?

4 Form 13F filers report positions in both, out of 234 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%.