Monopoly MOAT Research Desk RD / OVERLAP
Portfolio intersection assay
See how much MPLY, MOAT, and TOLL actually overlap by weight—not just by holding count—using dated issuer holdings.
By Monopoly MOAT Research Desk · Methodology v1.0 · Tool reviewed August 26, 2026 · Source dates shown below
PAIR SELECTOR
Choose a dated pair. The result is derived from issuer holdings and never exposes a redistributable raw holdings database.
The pair shares many names, but the smaller weight in each common position limits the portfolio intersection to about one-eighth of assets.
Nearly half of TOLL sits in names also found in MPLY, but those names are usually much smaller inside MPLY—so weighted overlap is only 10.87%.
Only five securities intersect. Semiconductor exposure contributes most of the shared weight, with AVGO and AMAT appearing in all three funds.
Primary evidence: MPLY · Aug 25 MOAT · Aug 24 TOLL · Aug 21
FORMULA
weighted overlap= Σ min(wA,i, wB,i)
Why not just count tickers? A 0.10% position and a 10% position count equally in a name match but do not create equal exposure.
Matching. Cash is excluded. MPLY–TOLL uses CUSIP matching where available; pairs involving MOAT use normalized tickers.
Not synchronized. The issuer dates differ by up to four calendar days. Holdings can change after those dates.
TOLL source caveat. Tema's page reports 40 holdings, while its August 21 download has 39 rows including cash—38 securities. This release preserves the discrepancy.
3.31% minimum-weight overlap across all three dated portfolios.
LIMITED DERIVED RELEASE
This rights-conscious first release publishes derived pair metrics and the method; it is not a legal conclusion about data rights. A local portfolio-upload version remains deferred until holdings-display and identifier rights are cleared. Your portfolio should never have to leave your device for an overlap calculation.
FIELD SHEET / PDF
An eight-page overlap workbook with pair receipts, formulas, asymmetric-exposure checks, diligence prompts, and a source log.
PLAIN-ENGLISH ANSWERS
Using issuer holdings dated August 25, 2026 for MPLY and August 24, 2026 for MOAT, 16 securities are shared and weighted overlap is approximately 11.66%. The figure is a Monopoly MOAT calculation: the smaller portfolio weight is summed for every shared security, with cash excluded.
For each security held by both funds, take the smaller of its two portfolio weights and add those minimum weights. This portfolio-intersection measure is more informative than counting matching ticker symbols alone.
AVGO, AMAT, and FTNT appear in all three dated issuer snapshots used here. Their three-way minimum-weight overlap is approximately 3.31%.
No. Overlap describes shared exposure; it does not decide whether that exposure is suitable. Investors still need to assess mandate, valuation, concentration, fees, taxes, liquidity, and their own portfolio.
SOURCE DOCKET
Each date belongs to its own source. Absence, unknowns, and derived calculations are labelled rather than silently filled.