RAAX vs PKW overlap
RAAX and PKW overlap 1.1% by weight, across 3 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | RAAX | PKW | Overlap |
|---|---|---|---|
| Marathon PetroleMPC | 0.48% | 4.21% | 0.48% |
| Johnson ControlsJCI | 0.40% | 4.40% | 0.40% |
| CF Industries HOCF | 0.25% | 0.87% | 0.25% |
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: RAAX, SEC Form N-PORT, June 30, 2026; PKW, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | RAAX | PKW |
|---|---|---|
| LPL Financial LLC | $179.6M | $66.0M |
| Raymond James Financial Inc. | $32.0M | $31.8M |
| Cetera Investment Advisers | $51.1M | $8.9M |
| Wells Fargo & Company | $32K | $51.1M |
| Morgan Stanley | $20K | $45.7M |
| Cambridge Investment Research Advisors, Inc. | $4.3M | $29.7M |
| Northwestern Mutual Wealth Management Co | $24.8M | $6.2M |
| UBS Group AG | $73K | $25.0M |
| Commonwealth Equity Services, LLC | $18.2M | $6.3M |
| Assetmark, Inc. | $22.4M | $62K |
| Osaic Holdings, Inc. | $12.7M | $8.1M |
| Royal Bank of Canada | $9.6M | $10.0M |
| Envestnet Asset Management Inc. | $5.8M | $9.7M |
| Ancora Advisors LLC | $9.0M | $880K |
| Sanctuary Advisors, LLC | $8.1M | $1.1M |
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: RAAX institutional holders, PKW institutional holders.
Frequently asked questions
How much do RAAX and PKW overlap?
1.1% by weight, with 3 holdings in common, using holdings for RAAX as of June 30, 2026 and PKW as of July 31, 2026. The largest shared position is MPC.
Do institutions hold both RAAX and PKW?
57 Form 13F filers report positions in both, out of 361 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%.