TBG vs FLRG overlap
TBG and FLRG overlap 11.0% by weight, across 11 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | TBG | FLRG | Overlap |
|---|---|---|---|
| Exxon Mobil Corp.XOM | 1.79% | 1.68% | 1.68% |
| Johnson&JohnsonJNJ | 3.21% | 1.58% | 1.58% |
| Merck & CoMRK | 4.24% | 1.17% | 1.17% |
| Procter & GamblePG | 3.53% | 1.09% | 1.09% |
| Lockheed MartinLMT | 2.08% | 0.99% | 0.99% |
| McDonalds Corp.MCD | 1.84% | 0.95% | 0.95% |
| Cisco SystemsCSCO | 1.86% | 0.94% | 0.94% |
| VICI PropertiesVICI | 2.52% | 0.89% | 0.89% |
| Gilead SciencesGILD | 2.49% | 0.80% | 0.80% |
| IBMIBM | 1.33% | 0.46% | 0.46% |
| Verizon CommunicVZ | 3.77% | 0.44% | 0.44% |
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: TBG, SEC Form N-PORT, July 31, 2026; FLRG, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | TBG | FLRG |
|---|---|---|
| Commonwealth Equity Services, LLC | $1.6M | $29.7M |
| Cambridge Investment Research Advisors, Inc. | $11.3M | $1.9M |
| Susquehanna International Group, LLP | $303K | $1.5M |
| Geneos Wealth Management Inc. | $967K | $4K |
| Cetera Investment Advisers | $288K | $389K |
| Morgan Stanley | $4K | $521K |
| JPMorgan Chase & Co | $14K | $392K |
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: TBG institutional holders, FLRG institutional holders.
Frequently asked questions
How much do TBG and FLRG overlap?
11.0% by weight, with 11 holdings in common, using holdings for TBG as of July 31, 2026 and FLRG as of July 31, 2026. The largest shared position is XOM.
Do institutions hold both TBG and FLRG?
7 Form 13F filers report positions in both, out of 68 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%.