PTNQ vs FREL overlap
PTNQ and FREL 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: PTNQ, SEC Form N-PORT, July 31, 2026; FREL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PTNQ | FREL |
|---|---|---|
| Bank of America Corp. | $78.2M | $306.9M |
| LPL Financial LLC | $117.9M | $17.8M |
| Raymond James Financial Inc. | $89.6M | $6.1M |
| Morgan Stanley | $78.2M | $5.5M |
| Cambridge Investment Research Advisors, Inc. | $74.8M | $6.2M |
| Cetera Investment Advisers | $39.8M | $12.2M |
| Wells Fargo & Company | $44.8M | $846K |
| Envestnet Asset Management Inc. | $5.9M | $24.5M |
| Northwestern Mutual Wealth Management Co | $54K | $25.5M |
| Commonwealth Equity Services, LLC | $8.1M | $16.1M |
| UBS Group AG | $18.8M | $2.4M |
| Osaic Holdings, Inc. | $13.3M | $6.2M |
| Geneos Wealth Management Inc. | $16.9M | $2K |
| Steward Partners Investment Advisory, LLC | $11.5M | $4.3M |
| Royal Bank of Canada | $13.2M | $2.2M |
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: PTNQ institutional holders, FREL institutional holders.
Frequently asked questions
How much do PTNQ and FREL overlap?
0.0% by weight, with 0 holdings in common, using holdings for PTNQ as of July 31, 2026 and FREL as of July 31, 2026.
Do institutions hold both PTNQ and FREL?
45 Form 13F filers report positions in both, out of 325 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%.