TCAF vs NOBL overlap
TCAF and NOBL overlap 2.6% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | TCAF | NOBL | Overlap |
|---|---|---|---|
| Becton DickinsonBDX | 1.15% | 1.38% | 1.15% |
| Chevron Corp.CVX | 0.52% | 1.44% | 0.52% |
| West PharmaceutWST | 0.45% | 1.72% | 0.45% |
| Abbott LabsABT | 0.25% | 1.35% | 0.25% |
| S&P Global Inc.SPGI | 0.25% | 1.40% | 0.25% |
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: TCAF, SEC Form N-PORT, June 30, 2026; NOBL, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | TCAF | NOBL |
|---|---|---|
| Morgan Stanley | $179.8M | $979.0M |
| LPL Financial LLC | $731.7M | $337.8M |
| Bank of America Corp. | $83.4M | $465.8M |
| Raymond James Financial Inc. | $257.4M | $195.8M |
| Wells Fargo & Company | $136.3M | $204.6M |
| Commonwealth Equity Services, LLC | $217.5M | $60.7M |
| Cambridge Investment Research Advisors, Inc. | $176.5M | $99.8M |
| Royal Bank of Canada | $108.2M | $160.7M |
| UBS Group AG | $39.1M | $194.4M |
| Osaic Holdings, Inc. | $160.8M | $49.4M |
| Baird Financial Group, Inc. | $94.5M | $40.8M |
| Cetera Investment Advisers | $66.7M | $61.1M |
| Jones Financial Companies LLLP | $86.9M | $30.9M |
| Stifel Financial Corp. | $72.3M | $27.9M |
| Ameriprise Financial Inc. | $46.7M | $49.3M |
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: TCAF institutional holders, NOBL institutional holders.
Frequently asked questions
How much do TCAF and NOBL overlap?
2.6% by weight, with 5 holdings in common, using holdings for TCAF as of June 30, 2026 and NOBL as of May 31, 2026. The largest shared position is BDX.
Do institutions hold both TCAF and NOBL?
197 Form 13F filers report positions in both, out of 998 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%.