SPEM vs SCZ overlap
SPEM and SCZ overlap 0.1% by weight, across 13 shared holdings.
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Top shared holdings
| Holding | SPEM | SCZ | Overlap |
|---|---|---|---|
| Xinyi Glass868 | 0.04% | 0.05% | 0.04% |
| Metlen Energy &MTLN | 0.04% | 0.15% | 0.04% |
| Time Interconnec1729 | 0.01% | 0.03% | 0.01% |
| HBM Holdings Ltd.2142 | 0.01% | 0.03% | 0.01% |
| Citic Telecom1883 | 0.01% | 0.02% | 0.01% |
| Mobvista Inc.1860 | 0.01% | 0.02% | 0.01% |
| OSL Group Ltd.863 | 0.00% | 0.03% | 0.00% |
| Riverstone HldgsRSTON | 0.00% | 0.01% | 0.00% |
| Guotai Junan1788 | 0.00% | 0.02% | 0.00% |
| Laekna Inc. | 0.00% | 0.00% | 0.00% |
| United Energy GP467 | 0.00% | 0.02% | 0.00% |
| JS Global Lifest1691 | 0.00% | 0.01% | 0.00% |
| The United Labor3933 | 0.00% | 0.03% | 0.00% |
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: SPEM, SEC Form N-PORT, June 30, 2026; SCZ, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPEM | SCZ |
|---|---|---|
| Jones Financial Companies LLLP | $3.9M | $4.4B |
| Creative Planning | $1.1B | $312.5M |
| Natixis Advisors, LLC | $1.3M | $1.2B |
| Goldman Sachs Group Inc. | $576.9M | $520.2M |
| LPL Financial LLC | $926.0M | $77.4M |
| TIAA Wealth Investment Management LLC | $421K | $795.3M |
| Morgan Stanley | $488.0M | $187.3M |
| TIAA-CREF Individual & Institutional Services, LLC | $213.6M | $370.9M |
| FMR LLC | $6.8M | $437.8M |
| Envestnet Asset Management Inc. | $367.1M | $45.6M |
| Allworth Financial LP | $373.9M | $5.2M |
| BlackRock, Inc. | $22.7M | $319.2M |
| Bank of America Corp. | $120.8M | $161.1M |
| Bank of New York Mellon Corp | $7.1M | $245.8M |
| Northwestern Mutual Wealth Management Co | $174.0M | $59.6M |
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: SPEM institutional holders, SCZ institutional holders.
Frequently asked questions
How much do SPEM and SCZ overlap?
0.1% by weight, with 13 holdings in common, using holdings for SPEM as of June 30, 2026 and SCZ as of July 31, 2026. The largest shared position is 868.
Do institutions hold both SPEM and SCZ?
374 Form 13F filers report positions in both, out of 1,425 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%.