SPAB vs CGCP overlap
SPAB and CGCP overlap 7.7% by weight, across 355 shared holdings.
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Top shared holdings
| Holding | SPAB | CGCP | Overlap |
|---|---|---|---|
| US Treasury N/B | 0.42% | 3.27% | 0.42% |
| US Treasury N/BT | 0.38% | 1.58% | 0.38% |
| US Treasury N/B | 0.31% | 1.48% | 0.31% |
| US Treasury N/B | 0.31% | 0.70% | 0.31% |
| US Treasury N/B | 0.31% | 0.29% | 0.29% |
| US Treasury N/BT | 0.27% | 1.63% | 0.27% |
| FNCL 5 7/26FNCL | 0.27% | 0.46% | 0.27% |
| US Treasury N/BT | 0.25% | 0.58% | 0.25% |
| US Treasury N/B | 0.24% | 0.34% | 0.24% |
| US Treasury N/B | 0.23% | 0.72% | 0.23% |
| FNCL 5.5 7/26FNCL | 0.23% | 0.75% | 0.23% |
| US Treasury N/BT | 0.23% | 1.59% | 0.23% |
| US Treasury N/BT | 0.22% | 1.19% | 0.22% |
| US Treasury N/B | 0.16% | 0.36% | 0.16% |
| US Treasury N/BT | 0.24% | 0.16% | 0.16% |
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: SPAB, SEC Form N-PORT, June 30, 2026; CGCP, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | SPAB | CGCP |
|---|---|---|
| LPL Financial LLC | $646.4M | $745.9M |
| Morgan Stanley | $68.6M | $501.1M |
| Envestnet Asset Management Inc. | $251.6M | $275.7M |
| Wells Fargo & Company | $16.9M | $429.0M |
| Cerity Partners LLC | $367.6M | $7.9M |
| Raymond James Financial Inc. | $74.9M | $196.4M |
| Cetera Investment Advisers | $42.0M | $200.4M |
| Bank of America Corp. | $182.0M | $40.5M |
| Osaic Holdings, Inc. | $116.3M | $85.8M |
| Cambridge Investment Research Advisors, Inc. | $52.1M | $108.8M |
| Northwestern Mutual Wealth Management Co | $9.7M | $141.1M |
| Janney Montgomery Scott LLC | $27.2M | $118.4M |
| UBS Group AG | $10.7M | $119.0M |
| Royal Bank of Canada | $29.6M | $99.1M |
| Jones Financial Companies LLLP | $26.9M | $97.1M |
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: SPAB institutional holders, CGCP institutional holders.
Frequently asked questions
How much do SPAB and CGCP overlap?
7.7% by weight, with 355 holdings in common, using holdings for SPAB as of June 30, 2026 and CGCP as of June 30, 2026. The largest shared position is US TREASURY N/B.
Do institutions hold both SPAB and CGCP?
145 Form 13F filers report positions in both, out of 718 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%.