PZA vs CWB overlap
PZA and CWB 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: PZA, SEC Form N-PORT, May 31, 2026; CWB, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | PZA | CWB |
|---|---|---|
| Bank of America Corp. | $1.4B | $279.0M |
| UBS Group AG | $575.4M | $52.8M |
| Envestnet Asset Management Inc. | $124.7M | $216.2M |
| LPL Financial LLC | $95.2M | $175.6M |
| Ameriprise Financial Inc. | $172.8M | $87.7M |
| Morgan Stanley | $50.2M | $161.4M |
| Wells Fargo & Company | $45.8M | $164.3M |
| Northwestern Mutual Wealth Management Co | $37.4M | $132.8M |
| Cetera Investment Advisers | $29.7M | $137.4M |
| Assetmark, Inc. | $12.7M | $80.1M |
| PNC Financial Services Group, Inc. | $8.6M | $79.4M |
| Bank of New York Mellon Corp | $76.5M | $6.0M |
| Cambridge Investment Research Advisors, Inc. | $4.8M | $61.5M |
| JPMorgan Chase & Co | $64.8M | $1.1M |
| Goodman Advisory Group, LLC | $5.3M | $56.7M |
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: PZA institutional holders, CWB institutional holders.
Frequently asked questions
How much do PZA and CWB overlap?
0.0% by weight, with 0 holdings in common, using holdings for PZA as of May 31, 2026 and CWB as of June 30, 2026.
Do institutions hold both PZA and CWB?
146 Form 13F filers report positions in both, out of 740 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%.