CATH vs BUG overlap
CATH and BUG overlap 1.0% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (CATH: July 31, 2026, BUG: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | CATH | BUG | Overlap |
|---|---|---|---|
| PALO ALTO NetworPANW | 0.44% | 7.00% | 0.44% |
| Crowdstrike HO-aCRWD | 0.32% | 7.31% | 0.32% |
| Fortinet Inc.FTNT | 0.16% | 7.29% | 0.16% |
| Akamai TechnologAKAM | 0.03% | 6.47% | 0.03% |
| GEN Digital Inc.GEN | 0.02% | 4.47% | 0.02% |
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: CATH, SEC Form N-PORT, July 31, 2026; BUG, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | CATH | BUG |
|---|---|---|
| Morgan Stanley | $47.6M | $34.4M |
| LPL Financial LLC | $15.4M | $46.0M |
| Bank of America Corp. | $41.2M | $15.3M |
| UBS Group AG | $4.0M | $17.5M |
| Northwestern Mutual Wealth Management Co | $6.6M | $10.0M |
| Royal Bank of Canada | $6.5M | $9.9M |
| Wells Fargo & Company | $14.6M | $23K |
| Raymond James Financial Inc. | $5.5M | $8.8M |
| Ameriprise Financial Inc. | $9.7M | $1.3M |
| Cetera Investment Advisers | $919K | $8.9M |
| Cambridge Investment Research Advisors, Inc. | $2.3M | $6.4M |
| Fifth Third Bancorp | $8.1M | $335K |
| Envestnet Asset Management Inc. | $4.2M | $4.0M |
| Osaic Holdings, Inc. | $1.5M | $6.3M |
| Allworth Financial LP | $7.3M | $158K |
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: CATH institutional holders, BUG institutional holders.
Frequently asked questions
How much do CATH and BUG overlap?
1.0% by weight, with 5 holdings in common, using holdings for CATH as of July 31, 2026 and BUG as of May 31, 2026. The largest shared position is PANW.
Do institutions hold both CATH and BUG?
60 Form 13F filers report positions in both, out of 372 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%.