TVAL vs FPX overlap
TVAL and FPX overlap 1.5% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | TVAL | FPX | Overlap |
|---|---|---|---|
| Entergy Corp.ETR | 0.51% | 1.41% | 0.51% |
| GE Vernova Inc.GEV | 0.40% | 11.17% | 0.40% |
| Coherent Corp.COHR | 0.26% | 0.50% | 0.26% |
| Ventas Inc.VTR | 0.18% | 1.39% | 0.18% |
| ELI Lilly & CoLLY | 0.18% | 3.27% | 0.18% |
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: TVAL, SEC Form N-PORT, June 30, 2026; FPX, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | TVAL | FPX |
|---|---|---|
| LPL Financial LLC | $196.0M | $90.7M |
| Morgan Stanley | $25.8M | $146.1M |
| Wells Fargo & Company | $103K | $82.1M |
| Raymond James Financial Inc. | $4.5M | $42.2M |
| Cambridge Investment Research Advisors, Inc. | $4.1M | $36.4M |
| Osaic Holdings, Inc. | $9.0M | $20.7M |
| Cetera Investment Advisers | $6.6M | $18.6M |
| Commonwealth Equity Services, LLC | $1.3M | $16.7M |
| Envestnet Asset Management Inc. | $4.4M | $10.3M |
| Steward Partners Investment Advisory, LLC | $733K | $6.5M |
| Harbour Investments, Inc. | $157K | $6.7M |
| HighTower Advisors, LLC | $933K | $5.1M |
| IFG Advisory, LLC | $20K | $2.8M |
| Corient Private Wealth LP | $1.7M | $567K |
| Continuum Advisory, LLC | $1.3M | $14K |
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: TVAL institutional holders, FPX institutional holders.
Frequently asked questions
How much do TVAL and FPX overlap?
1.5% by weight, with 5 holdings in common, using holdings for TVAL as of June 30, 2026 and FPX as of June 30, 2026. The largest shared position is ETR.
Do institutions hold both TVAL and FPX?
24 Form 13F filers report positions in both, out of 250 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%.