RWO vs FGD overlap
RWO and FGD overlap 0.1% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | RWO | FGD | Overlap |
|---|---|---|---|
| Swireproperties1972 | 0.15% | 0.63% | 0.15% |
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: RWO, SEC Form N-PORT, June 30, 2026; FGD, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | RWO | FGD |
|---|---|---|
| LPL Financial LLC | $13.3M | $176.8M |
| Wells Fargo & Company | $1.4M | $123.9M |
| Bank of America Corp. | $78.0M | $45.1M |
| Morgan Stanley | $25.2M | $58.5M |
| Raymond James Financial Inc. | $23.4M | $39.3M |
| UBS Group AG | $1.2M | $46.0M |
| Envestnet Asset Management Inc. | $28.2M | $14.9M |
| Royal Bank of Canada | $2.7M | $17.9M |
| Jones Financial Companies LLLP | $11.0M | $9.3M |
| AE Wealth Management LLC | $209K | $19.9M |
| Cetera Investment Advisers | $3.5M | $16.6M |
| Commonwealth Equity Services, LLC | $355K | $17.0M |
| Cambridge Investment Research Advisors, Inc. | $8.7M | $8.2M |
| Mariner, LLC | $15.2M | $431K |
| PNC Financial Services Group, Inc. | $3K | $7.8M |
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: RWO institutional holders, FGD institutional holders.
Frequently asked questions
How much do RWO and FGD overlap?
0.1% by weight, with 1 holdings in common, using holdings for RWO as of June 30, 2026 and FGD as of June 30, 2026. The largest shared position is 1972.
Do institutions hold both RWO and FGD?
71 Form 13F filers report positions in both, out of 346 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%.