VNQI vs IPAC overlap
VNQI and IPAC overlap 4.8% by weight, across 137 shared holdings.
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Top shared holdings
| Holding | VNQI | IPAC | Overlap |
|---|---|---|---|
| Goodman GroupGMG | 4.02% | 0.45% | 0.45% |
| Mitsubishi Estat8802 | 2.79% | 0.27% | 0.27% |
| Mitsui Fudosan8801 | 2.54% | 0.26% | 0.26% |
| SHK PPT16 | 2.28% | 0.22% | 0.22% |
| Daiwa House INDU1925 | 1.68% | 0.18% | 0.18% |
| Scentre GroupSCG | 1.35% | 0.15% | 0.15% |
| Sumitomo Realty8830 | 1.98% | 0.14% | 0.14% |
| Link REIT823 | 1.22% | 0.14% | 0.14% |
| CK Asset Holding1113 | 1.13% | 0.12% | 0.12% |
| Capitaland IntegCICT | 1.11% | 0.12% | 0.12% |
| Hongkong LandHKL | 0.76% | 0.09% | 0.09% |
| Capitaland AscenCLAR | 0.79% | 0.09% | 0.09% |
| Vicinity CentresVCX | 0.70% | 0.08% | 0.08% |
| StocklandSGP | 0.69% | 0.08% | 0.08% |
| Charter Hall GROCHC | 0.73% | 0.08% | 0.08% |
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: VNQI, SEC Form N-PORT, July 31, 2026; IPAC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VNQI | IPAC |
|---|---|---|
| Blue Trust, Inc. | $18K | $489.7M |
| Charles Schwab Investment Management Inc. | $217.8M | $98.5M |
| Envestnet Asset Management Inc. | $37.7M | $219.4M |
| JPMorgan Chase & Co | $3.4M | $232.8M |
| Morgan Stanley | $33.1M | $84.1M |
| Assetmark, Inc. | $35.6M | $77.1M |
| Mather Group, LLC. | $430K | $53.6M |
| Stifel Financial Corp. | $1.5M | $50.0M |
| Bank of America Corp. | $28.9M | $16.7M |
| Creative Planning | $38.0M | $5.3M |
| United Capital Financial Advisors, LLC | $32.2M | $6.3M |
| Cetera Investment Advisers | $5.2M | $33.2M |
| Raymond James Financial Inc. | $24.8M | $1.4M |
| Goldman Sachs Group Inc. | $14.4M | $8.3M |
| Wells Fargo & Company | $5.6M | $16.7M |
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: VNQI institutional holders, IPAC institutional holders.
Frequently asked questions
How much do VNQI and IPAC overlap?
4.8% by weight, with 137 holdings in common, using holdings for VNQI as of July 31, 2026 and IPAC as of July 31, 2026. The largest shared position is GMG.
Do institutions hold both VNQI and IPAC?
94 Form 13F filers report positions in both, out of 460 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%.