PWV vs LRGC overlap
PWV and LRGC overlap 12.8% by weight, across 10 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (PWV: July 31, 2026, LRGC: 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 | PWV | LRGC | Overlap |
|---|---|---|---|
| Unitedhealth GRPUNH | 3.39% | 1.64% | 1.64% |
| Bank of AmericaBAC | 3.66% | 1.47% | 1.47% |
| Exxon Mobil Corp.XOM | 3.20% | 1.42% | 1.42% |
| Wells Fargo & CoWFC | 3.44% | 1.40% | 1.40% |
| EOG ResourcesEOG | 1.44% | 1.36% | 1.36% |
| Coca-Cola Co/theKO | 3.35% | 1.19% | 1.19% |
| American ElectriAEP | 1.29% | 1.15% | 1.15% |
| Goldman Sachs GPGS | 3.16% | 1.14% | 1.14% |
| Merck & CoMRK | 3.35% | 1.13% | 1.13% |
| Capital One FINACOF | 1.48% | 0.90% | 0.90% |
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: PWV, SEC Form N-PORT, July 31, 2026; LRGC, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | PWV | LRGC |
|---|---|---|
| Morgan Stanley | $279.9M | $213K |
| LPL Financial LLC | $172.0M | $66.0M |
| Bank of America Corp. | $62.7M | $2.1M |
| Raymond James Financial Inc. | $42.8M | $6.1M |
| PNC Financial Services Group, Inc. | $37.3M | $64K |
| Commonwealth Equity Services, LLC | $21.8M | $821K |
| Envestnet Asset Management Inc. | $14.9M | $6.9M |
| Osaic Holdings, Inc. | $12.4M | $27K |
| Northwestern Mutual Wealth Management Co | $2.0M | $9.4M |
| Royal Bank of Canada | $9.7M | $72K |
| Cambridge Investment Research Advisors, Inc. | $4.4M | $4.7M |
| Private Advisor Group, LLC | $7.1M | $539K |
| Cetera Investment Advisers | $6.6M | $374K |
| Mercer Global Advisors Inc. | $2.5M | $487K |
| Citadel Advisors LLC | $786K | $430K |
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: PWV institutional holders, LRGC institutional holders.
Frequently asked questions
How much do PWV and LRGC overlap?
12.8% by weight, with 10 holdings in common, using holdings for PWV as of July 31, 2026 and LRGC as of May 31, 2026. The largest shared position is UNH.
Do institutions hold both PWV and LRGC?
19 Form 13F filers report positions in both, out of 206 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%.