PY vs CSM overlap
PY and CSM overlap 24.4% by weight, across 72 shared holdings.
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Top shared holdings
| Holding | PY | CSM | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 8.14% | 4.65% | 4.65% |
| Amazon.COM Inc.AMZN | 3.15% | 2.59% | 2.59% |
| Tesla Inc.TSLA | 0.82% | 1.03% | 0.82% |
| DELL Techn-CDELL | 1.78% | 0.66% | 0.66% |
| Procter & GamblePG | 1.97% | 0.56% | 0.56% |
| Ford Motor CoF | 0.96% | 0.47% | 0.47% |
| Exxon Mobil Corp.XOM | 1.35% | 0.44% | 0.44% |
| Qualcomm Inc.QCOM | 0.97% | 0.42% | 0.42% |
| Intel Corp.INTC | 1.91% | 0.41% | 0.41% |
| Altria Group Inc.MO | 1.16% | 0.38% | 0.38% |
| Best BUY Co Inc.BBY | 1.02% | 0.38% | 0.38% |
| Adobe Inc.ADBE | 0.91% | 0.38% | 0.38% |
| Schwab (Charles)SCHW | 1.30% | 0.38% | 0.38% |
| Merck & CoMRK | 1.98% | 0.37% | 0.37% |
| VISA Inc.-Class aV | 0.59% | 0.37% | 0.37% |
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: PY, SEC Form N-PORT, June 30, 2026; CSM, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | PY | CSM |
|---|---|---|
| Envestnet Asset Management Inc. | $79.3M | $8.1M |
| Morgan Stanley | $74K | $71.2M |
| LPL Financial LLC | $1.7M | $21.7M |
| Wealth Enhancement Advisory Services, LLC | $4.6M | $213K |
| Cambridge Investment Research Advisors, Inc. | $939K | $3.2M |
| Osaic Holdings, Inc. | $161 | $3.6M |
| Kestra Advisory Services, LLC | $553K | $2.9M |
| Cetera Investment Advisers | $255K | $2.8M |
| Susquehanna International Group, LLP | $257K | $1.6M |
| FMR LLC | $3K | $631K |
| Northwestern Mutual Wealth Management Co | $10K | $574K |
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: PY institutional holders, CSM institutional holders.
Frequently asked questions
How much do PY and CSM overlap?
24.4% by weight, with 72 holdings in common, using holdings for PY as of June 30, 2026 and CSM as of May 31, 2026. The largest shared position is AAPL.
Do institutions hold both PY and CSM?
11 Form 13F filers report positions in both, out of 113 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%.