SPGM vs PDP overlap
SPGM and PDP overlap 15.2% by weight, across 65 shared holdings.
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Top shared holdings
| Holding | SPGM | PDP | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 3.70% | 3.45% | 3.45% |
| Alphabet Inc.-aGOOGL | 1.83% | 1.25% | 1.25% |
| Micron TechMU | 1.12% | 1.74% | 1.12% |
| ADV Micro DeviceAMD | 0.80% | 1.01% | 0.80% |
| Applied MaterialAMAT | 0.64% | 1.81% | 0.64% |
| Intel Corp.INTC | 0.56% | 0.90% | 0.56% |
| Caterpillar Inc.CAT | 0.55% | 0.91% | 0.55% |
| Cisco SystemsCSCO | 0.49% | 0.61% | 0.49% |
| Costco WholesaleCOST | 0.44% | 1.43% | 0.44% |
| Goldman Sachs GPGS | 0.40% | 0.69% | 0.40% |
| LAM ResearchLRCX | 0.40% | 1.13% | 0.40% |
| Morgan StanleyMS | 0.36% | 0.54% | 0.36% |
| Texas InstrumentTXN | 0.32% | 0.53% | 0.32% |
| Sandisk Corp.SNDK | 0.30% | 1.96% | 0.30% |
| Bank NY MellonBNY | 0.27% | 0.67% | 0.27% |
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: SPGM, SEC Form N-PORT, June 30, 2026; PDP, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPGM | PDP |
|---|---|---|
| LPL Financial LLC | $194.1M | $43.0M |
| Sequoia Financial Advisors, LLC | $189.7M | $267K |
| Morgan Stanley | $15.7M | $135.2M |
| Raymond James Financial Inc. | $7.2M | $100.8M |
| HighTower Advisors, LLC | $72.5M | $820K |
| Bank of America Corp. | $12.6M | $51.7M |
| Wells Fargo & Company | $65K | $60.3M |
| Commonwealth Equity Services, LLC | $1.2M | $56.1M |
| Royal Bank of Canada | $1.2M | $45.4M |
| Stifel Financial Corp. | $640K | $37.5M |
| Private Advisor Group, LLC | $36.3M | $498K |
| UBS Group AG | $7.7M | $27.2M |
| Summit Financial, LLC | $493K | $31.4M |
| Osaic Holdings, Inc. | $20.0M | $11.0M |
| Rockefeller Capital Management L.P. | $64K | $23.6M |
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: SPGM institutional holders, PDP institutional holders.
Frequently asked questions
How much do SPGM and PDP overlap?
15.2% by weight, with 65 holdings in common, using holdings for SPGM as of June 30, 2026 and PDP as of July 31, 2026. The largest shared position is AAPL.
Do institutions hold both SPGM and PDP?
66 Form 13F filers report positions in both, out of 337 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%.