PPA vs FTEC overlap
PPA and FTEC overlap 2.7% by weight, across 9 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | PPA | FTEC | Overlap |
|---|---|---|---|
| Palantir Techn-aPLTR | 1.23% | 1.13% | 1.13% |
| Amphenol Corp.-aAPH | 2.52% | 0.85% | 0.85% |
| Keysight TECKEYS | 0.85% | 0.27% | 0.27% |
| Teledyne TechTDY | 0.83% | 0.18% | 0.18% |
| Viasat Inc.VSAT | 0.85% | 0.09% | 0.09% |
| TTM TechnologiesTTMI | 0.48% | 0.09% | 0.09% |
| OSI Systems Inc.OSIS | 0.25% | 0.06% | 0.06% |
| Nlight Inc.LASR | 0.24% | 0.05% | 0.05% |
| Ondas Inc.ONDS | 0.17% | 0.00% | 0.00% |
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: PPA, SEC Form N-PORT, July 31, 2026; FTEC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PPA | FTEC |
|---|---|---|
| Bank of America Corp. | $1.4B | $272.3M |
| Lido Advisors, LLC | $2.6M | $573.8M |
| LPL Financial LLC | $346.3M | $219.4M |
| Morgan Stanley | $394.9M | $116.3M |
| Envestnet Asset Management Inc. | $42.6M | $191.2M |
| Commonwealth Equity Services, LLC | $37.2M | $190.9M |
| Cambridge Investment Research Advisors, Inc. | $58.6M | $147.1M |
| UBS Group AG | $141.1M | $37.3M |
| Wells Fargo & Company | $132.5M | $32.8M |
| Ameriprise Financial Inc. | $115.8M | $23.9M |
| Osaic Holdings, Inc. | $50.3M | $85.9M |
| Raymond James Financial Inc. | $105.0M | $29.7M |
| Northwestern Mutual Wealth Management Co | $13.1M | $91.4M |
| Mercer Global Advisors Inc. | $1.5M | $102.1M |
| Cetera Investment Advisers | $65.1M | $28.2M |
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: PPA institutional holders, FTEC institutional holders.
Frequently asked questions
How much do PPA and FTEC overlap?
2.7% by weight, with 9 holdings in common, using holdings for PPA as of July 31, 2026 and FTEC as of July 31, 2026. The largest shared position is PLTR.
Do institutions hold both PPA and FTEC?
267 Form 13F filers report positions in both, out of 963 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%.