SPMO vs PVAL overlap
210 institutions report holding both SPMO and PVAL.
SPMOPVAL
Pick 2 to 4 ETFs.
We don’t have holdings for PVAL. Most funds that aren’t in the SEC’s N-PORT data are unit trusts, grantor trusts or very new funds. The institutions tab may still have them.
210
institutions report holding both, of 938 holding any
SPMO63.9% of its 13F dollars, 27.4% of its 766 holders
PVAL83.8% of its 13F dollars, 55.0% of its 382 holders
Largest institutions holding both
| Firm | SPMO | PVAL |
|---|---|---|
| Bank of America Corp. | $519.4M | $1.9B |
| LPL Financial LLC | $1.2B | $508.2M |
| Morgan Stanley | $571.6M | $891.2M |
| Cambridge Investment Research Advisors, Inc. | $434.2M | $295.0M |
| Cetera Investment Advisers | $158.4M | $479.5M |
| Northwestern Mutual Wealth Management Co | $266.7M | $337.3M |
| Envestnet Asset Management Inc. | $239.0M | $275.2M |
| Commonwealth Equity Services, LLC | $102.1M | $406.4M |
| Cullen/Frost Bankers, Inc. | $33K | $438.7M |
| Wells Fargo & Company | $237.6M | $175.8M |
| UBS Group AG | $95.0M | $305.6M |
| Glenmede Trust Co NA | $82K | $369.9M |
| Raymond James Financial Inc. | $294.4M | $6.4M |
| Osaic Holdings, Inc. | $169.6M | $85.3M |
| Modern Wealth Management, LLC | $21.9M | $194.1M |
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: SPMO institutional holders, PVAL institutional holders.
Frequently asked questions
Do institutions hold both SPMO and PVAL?
210 Form 13F filers report positions in both, out of 938 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%.