QQQJ vs PFM overlap
QQQJ and PFM overlap 1.0% by weight, across 13 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (QQQJ: May 31, 2026, PFM: 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 | QQQJ | PFM | Overlap |
|---|---|---|---|
| Kimberly-ClarkKMB | 1.51% | 0.13% | 0.13% |
| Steel DynamicsSTLD | 1.75% | 0.13% | 0.13% |
| Casey's GeneralCASY | 1.32% | 0.12% | 0.12% |
| Hunt (JB) TransJBHT | 1.22% | 0.09% | 0.09% |
| Evergy Inc.EVRG | 0.88% | 0.07% | 0.07% |
| CDW Corp./deCDW | 0.75% | 0.07% | 0.07% |
| Alliant EnergyLNT | 0.86% | 0.07% | 0.07% |
| CH RobinsonCHRW | 0.99% | 0.06% | 0.06% |
| Royal Gold Inc.RGLD | 0.89% | 0.06% | 0.06% |
| Nordson Corp.NDSN | 0.75% | 0.06% | 0.06% |
| Tractor SupplyTSCO | 0.77% | 0.06% | 0.06% |
| Lincoln ElectricLECO | 0.66% | 0.05% | 0.05% |
| Domino's PizzaDPZ | 0.49% | 0.04% | 0.04% |
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: QQQJ, SEC Form N-PORT, May 31, 2026; PFM, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | QQQJ | PFM |
|---|---|---|
| LPL Financial LLC | $28.8M | $100.4M |
| Raymond James Financial Inc. | $54.7M | $50.5M |
| Morgan Stanley | $19.2M | $34.7M |
| Jones Financial Companies LLLP | $31.0M | $12.8M |
| Osaic Holdings, Inc. | $31.1M | $3.5M |
| Wells Fargo & Company | $18.5M | $12.5M |
| UBS Group AG | $23.3M | $4.2M |
| Bank of America Corp. | $7.2M | $15.0M |
| Royal Bank of Canada | $3.7M | $10.7M |
| Clearstead Advisors, LLC | $936K | $12.0M |
| Commonwealth Equity Services, LLC | $4.8M | $4.2M |
| Cambridge Investment Research Advisors, Inc. | $1.2M | $6.1M |
| Cetera Investment Advisers | $2.2M | $4.7M |
| Rockefeller Capital Management L.P. | $419K | $5.5M |
| Equitable Holdings, Inc. | $1.6M | $4.2M |
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: QQQJ institutional holders, PFM institutional holders.
Frequently asked questions
How much do QQQJ and PFM overlap?
1.0% by weight, with 13 holdings in common, using holdings for QQQJ as of May 31, 2026 and PFM as of July 31, 2026. The largest shared position is KMB.
Do institutions hold both QQQJ and PFM?
55 Form 13F filers report positions in both, out of 285 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%.