SPXL vs SOXL overlap
SPXL and SOXL overlap 12.6% by weight, across 18 shared holdings.
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Top shared holdings
| Holding | SPXL | SOXL | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 5.65% | 5.99% | 5.65% |
| Broadcom Inc.AVGO | 2.14% | 5.49% | 2.14% |
| Micron TechMU | 1.08% | 5.35% | 1.08% |
| ADV Micro DeviceAMD | 0.90% | 5.82% | 0.90% |
| Intel Corp.INTC | 0.50% | 3.59% | 0.50% |
| Applied MaterialAMAT | 0.47% | 3.56% | 0.47% |
| LAM ResearchLRCX | 0.43% | 2.90% | 0.43% |
| Texas InstrumentTXN | 0.29% | 2.84% | 0.29% |
| KLA Corp.KLAC | 0.28% | 3.00% | 0.28% |
| Analog DevicesADI | 0.21% | 2.80% | 0.21% |
| Marvell TechnoloMRVL | 0.19% | 2.88% | 0.19% |
| Qualcomm Inc.QCOM | 0.18% | 1.85% | 0.18% |
| Monolithic PowerMPWR | 0.08% | 2.65% | 0.08% |
| NXP SemiconductoNXPI | 0.07% | 2.25% | 0.07% |
| Teradyne Inc.TER | 0.07% | 2.24% | 0.07% |
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: SPXL, SEC Form N-PORT, July 31, 2026; SOXL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPXL | SOXL |
|---|---|---|
| Howard Capital Management, LLC | $382.8M | $22.0M |
| Susquehanna International Group, LLP | $15.1M | $212.8M |
| SBI Securities Co., Ltd. | $32.9M | $103.5M |
| Traynor Capital Management, Inc. | $13.4M | $74.3M |
| Tower Research Capital LLC (TRC) | $9.7M | $63.7M |
| GTS Securities LLC | $19.3M | $47.2M |
| Westwood Wealth Management | $4.7M | $46.7M |
| UBS Group AG | $974K | $46.6M |
| Timothy G. Youngquist 2020 Irrevocable Trust | $10.2M | $29.3M |
| Goldman Sachs Group Inc. | $13.4M | $25.5M |
| Mariner, LLC | $1.8M | $30.8M |
| HRT Financial LP | $5.2M | $21.4M |
| Focus Partners Wealth | $734K | $24.7M |
| Citadel Advisors LLC | $15.8M | $5.6M |
| StoneX Group Inc. | $1.6M | $18.5M |
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: SPXL institutional holders, SOXL institutional holders.
Frequently asked questions
How much do SPXL and SOXL overlap?
12.6% by weight, with 18 holdings in common, using holdings for SPXL as of July 31, 2026 and SOXL as of July 31, 2026. The largest shared position is NVDA.
Do institutions hold both SPXL and SOXL?
72 Form 13F filers report positions in both, out of 283 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%.