VUG vs QQQ overlap
VUG and QQQ overlap 59.2% by weight, across 56 shared holdings.
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Top shared holdings
| Holding | VUG | QQQ | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 12.63% | 7.60% | 7.60% |
| Apple Inc.AAPL | 11.67% | 6.67% | 6.67% |
| Microsoft Corp.MSFT | 7.61% | 4.35% | 4.35% |
| Amazon.COM Inc.AMZN | 4.47% | 4.02% | 4.02% |
| Tesla Inc.TSLA | 3.27% | 3.30% | 3.27% |
| Alphabet Inc.-aGOOGL | 5.76% | 3.27% | 3.27% |
| Alphabet Inc.-CGOOG | 4.53% | 3.02% | 3.02% |
| Broadcom Inc.AVGO | 4.28% | 2.81% | 2.81% |
| META Platforms-aMETA | 3.41% | 2.62% | 2.62% |
| ADV Micro DeviceAMD | 2.62% | 4.10% | 2.62% |
| Applied MaterialAMAT | 1.60% | 2.49% | 1.60% |
| LAM ResearchLRCX | 1.51% | 2.35% | 1.51% |
| Costco WholesaleCOST | 1.15% | 1.80% | 1.15% |
| KLA Corp.KLAC | 1.10% | 1.71% | 1.10% |
| Sandisk Corp.SNDK | 0.94% | 1.46% | 0.94% |
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: VUG, SEC Form N-PORT, June 30, 2026; QQQ, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VUG | QQQ |
|---|---|---|
| Bank of America Corp. | $28.8B | $12.5B |
| Morgan Stanley | $7.7B | $15.6B |
| Jones Financial Companies LLLP | $18.1B | $474.9M |
| LPL Financial LLC | $2.9B | $7.8B |
| Wells Fargo & Company | $2.3B | $5.3B |
| UBS Group AG | $3.1B | $4.2B |
| Envestnet Asset Management Inc. | $5.0B | $2.2B |
| Goldman Sachs Group Inc. | $611.7M | $4.7B |
| Raymond James Financial Inc. | $1.9B | $3.1B |
| Ameriprise Financial Inc. | $2.0B | $2.8B |
| Royal Bank of Canada | $1.2B | $3.1B |
| Financial Engines Advisors L.L.C. | $3.3B | $34.0M |
| PNC Financial Services Group, Inc. | $1.2B | $2.1B |
| Northwestern Mutual Wealth Management Co | $937.9M | $2.3B |
| JPMorgan Chase & Co | $992.1M | $2.1B |
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: VUG institutional holders, QQQ institutional holders.
Frequently asked questions
How much do VUG and QQQ overlap?
59.2% by weight, with 56 holdings in common, using holdings for VUG as of June 30, 2026 and QQQ as of June 30, 2026. The largest shared position is NVDA.
Do institutions hold both VUG and QQQ?
2,357 Form 13F filers report positions in both, out of 4,531 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%.