PSC vs FSMD overlap
PSC and FSMD overlap 25.9% by weight, across 219 shared holdings.
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Top shared holdings
| Holding | PSC | FSMD | Overlap |
|---|---|---|---|
| Sterling InfrastSTRL | 1.17% | 0.32% | 0.32% |
| FabrinetFN | 0.70% | 0.26% | 0.26% |
| Bridgebio PharmaBBIO | 0.60% | 0.26% | 0.26% |
| Arrowhead PharmaARWR | 0.45% | 0.25% | 0.25% |
| Stonex Group Inc.SNEX | 0.54% | 0.23% | 0.23% |
| Brinker IntlEAT | 0.64% | 0.22% | 0.22% |
| TTM TechnologiesTTMI | 1.03% | 0.22% | 0.22% |
| PAR Pacific HOLDPARR | 0.34% | 0.22% | 0.22% |
| Enova InternatioENVA | 0.76% | 0.22% | 0.22% |
| Alkermes PLCALKS | 0.38% | 0.21% | 0.21% |
| Nextpower Inc.-aNXT | 0.63% | 0.21% | 0.21% |
| Ensign Group Inc.ENSG | 0.21% | 0.21% | 0.21% |
| Krystal BiotechKRYS | 0.40% | 0.21% | 0.21% |
| Caretrust REICTRE | 0.42% | 0.21% | 0.21% |
| ADV Energy INDSAEIS | 0.62% | 0.21% | 0.21% |
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: PSC, SEC Form N-PORT, June 30, 2026; FSMD, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PSC | FSMD |
|---|---|---|
| FMR LLC | $23K | $851.4M |
| Envestnet Asset Management Inc. | $184.9M | $125.2M |
| Commonwealth Equity Services, LLC | $12.5M | $179.5M |
| Principal Securities, Inc. | $172.3M | $434K |
| Ameriprise Financial Inc. | $166.6M | $656K |
| Raymond James Financial Inc. | $134.1M | $24.4M |
| LPL Financial LLC | $84.3M | $72.3M |
| Morgan Stanley | $129.5M | $769K |
| Wells Fargo & Company | $97.1M | $27K |
| Bank of America Corp. | $4.6M | $71.6M |
| Stifel Financial Corp. | $12.8M | $31.5M |
| Northwestern Mutual Wealth Management Co | $16.5M | $18.8M |
| Wealth Enhancement Advisory Services, LLC | $33.1M | $783K |
| Osaic Holdings, Inc. | $10.3M | $21.5M |
| Kestra Advisory Services, LLC | $5.0M | $25.6M |
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: PSC institutional holders, FSMD institutional holders.
Frequently asked questions
How much do PSC and FSMD overlap?
25.9% by weight, with 219 holdings in common, using holdings for PSC as of June 30, 2026 and FSMD as of July 31, 2026. The largest shared position is STRL.
Do institutions hold both PSC and FSMD?
47 Form 13F filers report positions in both, out of 247 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%.