QGRO vs PWB overlap
QGRO and PWB overlap 39.5% by weight, across 34 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (QGRO: May 31, 2026, PWB: July 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 | QGRO | PWB | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 3.90% | 3.43% | 3.43% |
| Nvidia Corp.NVDA | 3.15% | 3.20% | 3.15% |
| Mastercard Inc.-aMA | 3.10% | 3.98% | 3.10% |
| LAM ResearchLRCX | 3.07% | 3.11% | 3.07% |
| Palantir Techn-aPLTR | 2.73% | 3.08% | 2.73% |
| Costco WholesaleCOST | 2.07% | 3.25% | 2.07% |
| Amphenol Corp.-aAPH | 2.33% | 1.69% | 1.69% |
| Arista NetworksANET | 2.84% | 1.67% | 1.67% |
| Howmet AerospaceHWM | 1.83% | 1.58% | 1.58% |
| Applied MaterialAMAT | 1.50% | 3.82% | 1.50% |
| TJX COS Inc.TJX | 3.23% | 1.45% | 1.45% |
| GE Vernova Inc.GEV | 1.77% | 1.36% | 1.36% |
| Comfort SystemsFIX | 1.52% | 1.35% | 1.35% |
| KLA Corp.KLAC | 3.03% | 1.33% | 1.33% |
| Monolithic PowerMPWR | 1.69% | 1.26% | 1.26% |
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: QGRO, SEC Form N-PORT, May 31, 2026; PWB, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | QGRO | PWB |
|---|---|---|
| LPL Financial LLC | $255.2M | $323.0M |
| Raymond James Financial Inc. | $108.7M | $123.1M |
| Morgan Stanley | $425K | $154.2M |
| Bank of America Corp. | $54.3M | $97.8M |
| Larson Financial Group LLC | $135.3M | $4K |
| Cambridge Investment Research Advisors, Inc. | $30.8M | $102.8M |
| Osaic Holdings, Inc. | $43.7M | $39.0M |
| Envestnet Asset Management Inc. | $60.8M | $18.8M |
| Commonwealth Equity Services, LLC | $33.3M | $23.6M |
| Wells Fargo & Company | $21.4M | $24.1M |
| Equitable Holdings, Inc. | $24.9M | $19.4M |
| UBS Group AG | $15.8M | $27.9M |
| Private Advisor Group, LLC | $18.0M | $20.8M |
| NewEdge Advisors, LLC | $35.5M | $2.9M |
| Intrua Financial, LLC | $37.4M | $289K |
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: QGRO institutional holders, PWB institutional holders.
Frequently asked questions
How much do QGRO and PWB overlap?
39.5% by weight, with 34 holdings in common, using holdings for QGRO as of May 31, 2026 and PWB as of July 31, 2026. The largest shared position is AAPL.
Do institutions hold both QGRO and PWB?
83 Form 13F filers report positions in both, out of 344 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%.