PWRD vs FWD overlap
37 institutions report holding both PWRD and FWD.
PWRDFWD
Pick 2 to 4 ETFs.
We don’t have holdings for PWRD. Most funds that aren’t in the SEC’s N-PORT data are unit trusts, grantor trusts or very new funds. The institutions tab may still have them.
37
institutions report holding both, of 226 holding any
PWRD29.4% of its 13F dollars, 25.7% of its 144 holders
FWD25.7% of its 13F dollars, 31.1% of its 119 holders
Largest institutions holding both
| Firm | PWRD | FWD |
|---|---|---|
| JPMorgan Chase & Co | $364.6M | $866 |
| LPL Financial LLC | $72.1M | $224.0M |
| Bank of America Corp. | $30.8M | $88.4M |
| Raymond James Financial Inc. | $60.4M | $23.2M |
| Integrated Wealth Concepts LLC | $7.0M | $73.6M |
| Northwestern Mutual Wealth Management Co | $27.9M | $26.8M |
| Wells Fargo & Company | $47.0M | $692K |
| Envestnet Asset Management Inc. | $1.3M | $23.3M |
| UBS Group AG | $164K | $24.2M |
| Private Advisor Group, LLC | $3.7M | $18.3M |
| Cambridge Investment Research Advisors, Inc. | $2.2M | $19.6M |
| Jane Street Group, LLC | $671K | $19.1M |
| KPP Advisory Services LLC | $4.0M | $12.2M |
| Osaic Holdings, Inc. | $2.3M | $12.1M |
| Truist Financial Corp. | $566K | $10.8M |
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: PWRD institutional holders, FWD institutional holders.
Frequently asked questions
Do institutions hold both PWRD and FWD?
37 Form 13F filers report positions in both, out of 226 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%.