SSO vs JEPI overlap
SSO and JEPI overlap 25.5% by weight, across 109 shared holdings.
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Top shared holdings
| Holding | SSO | JEPI | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 5.18% | 1.52% | 1.52% |
| Apple Inc.AAPL | 4.63% | 1.52% | 1.52% |
| Alphabet Inc.-aGOOGL | 2.24% | 1.50% | 1.50% |
| Amazon.COM Inc.AMZN | 2.67% | 1.46% | 1.46% |
| Broadcom Inc.AVGO | 2.14% | 1.31% | 1.31% |
| Microsoft Corp.MSFT | 3.38% | 1.28% | 1.28% |
| META Platforms-aMETA | 1.40% | 1.21% | 1.21% |
| ELI Lilly & CoLLY | 0.88% | 1.04% | 0.88% |
| VISA Inc.-Class aV | 0.55% | 1.41% | 0.55% |
| Johnson&JohnsonJNJ | 0.55% | 1.66% | 0.55% |
| Berkshire HATH-BBRK/B | 0.88% | 0.52% | 0.52% |
| Walmart Inc.WMT | 0.51% | 0.91% | 0.51% |
| ADV Micro DeviceAMD | 0.85% | 0.46% | 0.46% |
| Costco WholesaleCOST | 0.43% | 1.11% | 0.43% |
| Mastercard Inc.-aMA | 0.41% | 1.33% | 0.41% |
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: SSO, SEC Form N-PORT, May 31, 2026; JEPI, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | SSO | JEPI |
|---|---|---|
| Morgan Stanley | $90K | $2.8B |
| Bank of America Corp. | $791K | $1.7B |
| Wells Fargo & Company | $83 | $977.4M |
| LPL Financial LLC | $2.7M | $585.3M |
| Royal Bank of Canada | $278K | $452.9M |
| UBS Group AG | $21.7M | $369.0M |
| JPMorgan Chase & Co | $6.6M | $329.5M |
| Osaic Holdings, Inc. | $3.4M | $327.3M |
| Cambridge Investment Research Advisors, Inc. | $3.2M | $213.2M |
| Jones Financial Companies LLLP | $96K | $192.7M |
| Equitable Holdings, Inc. | $243K | $142.4M |
| HighTower Advisors, LLC | $16.8M | $123.8M |
| Bank of New York Mellon Corp | $474K | $131.0M |
| PNC Financial Services Group, Inc. | $10.3M | $115.2M |
| Rockefeller Capital Management L.P. | $131K | $95.8M |
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: SSO institutional holders, JEPI institutional holders.
Frequently asked questions
How much do SSO and JEPI overlap?
25.5% by weight, with 109 holdings in common, using holdings for SSO as of May 31, 2026 and JEPI as of June 30, 2026. The largest shared position is NVDA.
Do institutions hold both SSO and JEPI?
159 Form 13F filers report positions in both, out of 1,490 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%.