SPHY vs PAAA overlap
SPHY and PAAA overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
These funds hold nothing in common.
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: SPHY, SEC Form N-PORT, June 30, 2026; PAAA, SEC Form N-PORT, May 29, 2026.
Largest institutions holding both
| Firm | SPHY | PAAA |
|---|---|---|
| Bank of America Corp. | $694.9M | $490.7M |
| SEI Investments Co | $496.2M | $325.3M |
| LPL Financial LLC | $229.9M | $335.9M |
| Wells Fargo & Company | $288.4M | $159.6M |
| Ameriprise Financial Inc. | $219.9M | $222.2M |
| Morgan Stanley | $165.2M | $270.6M |
| Envestnet Asset Management Inc. | $163.7M | $86.3M |
| Jones Financial Companies LLLP | $28.5M | $220.2M |
| Royal Bank of Canada | $6.9M | $228.9M |
| US Bancorp | $168.0M | $487K |
| Cambridge Investment Research Advisors, Inc. | $70.1M | $58.0M |
| Cetera Investment Advisers | $93.1M | $26.0M |
| MML Investors Services, LLC | $99.6M | $11.4M |
| UBS Group AG | $35.0M | $69.3M |
| Raymond James Financial Inc. | $24.3M | $79.5M |
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: SPHY institutional holders, PAAA institutional holders.
Frequently asked questions
How much do SPHY and PAAA overlap?
0.0% by weight, with 0 holdings in common, using holdings for SPHY as of June 30, 2026 and PAAA as of May 29, 2026.
Do institutions hold both SPHY and PAAA?
139 Form 13F filers report positions in both, out of 688 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%.