PSDM vs MMSD overlap

PSDM and MMSD overlap 0.1% by weight, across 1 shared holdings.

PSDMMMSD

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0.1%

overlap by weight, across 1 shared holdings

PSDM0.1% of the fund is in shared holdings, of 565

MMSD1.3% of the fund is in shared holdings, of 155

These funds report on different dates (PSDM: May 29, 2026, MMSD: July 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	PSDM	MMSD	Overlap
NY Nycmfh 5.46 12/15/2031	0.15%	1.29%	0.15%

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: PSDM, SEC Form N-PORT, May 29, 2026; MMSD, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 41 holding any

PSDM2.4% of its 13F dollars, 8.6% of its 35 holders

MMSD10.1% of its 13F dollars, 33.3% of its 9 holders

Largest institutions holding both

Firm	PSDM	MMSD
Cetera Investment Advisers	$270K	$11.7M
JPMorgan Chase & Co	$2.0M	$208K
Jane Street Group, LLC	$627K	$225K

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: PSDM institutional holders, MMSD institutional holders.

Frequently asked questions

How much do PSDM and MMSD overlap?

0.1% by weight, with 1 holdings in common, using holdings for PSDM as of May 29, 2026 and MMSD as of July 31, 2026. The largest shared position is NY NYCMFH 5.46 12/15/2031.

Do institutions hold both PSDM and MMSD?

3 Form 13F filers report positions in both, out of 41 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%.