BUSA vs AAUA overlap
BUSA and AAUA overlap 10.2% by weight, across 35 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | BUSA | AAUA | Overlap |
|---|---|---|---|
| Alphabet Inc.-CGOOG | 2.24% | 2.84% | 2.24% |
| Johnson&JohnsonJNJ | 1.47% | 1.10% | 1.10% |
| JPMorgan ChaseJPM | 1.01% | 1.55% | 1.01% |
| Bank of AmericaBAC | 2.62% | 0.67% | 0.67% |
| Unitedhealth GRPUNH | 1.85% | 0.66% | 0.66% |
| Merck & CoMRK | 2.70% | 0.57% | 0.57% |
| Chevron Corp.CVX | 1.75% | 0.57% | 0.57% |
| Wells Fargo & CoWFC | 2.04% | 0.45% | 0.45% |
| Citigroup Inc.C | 2.40% | 0.42% | 0.42% |
| Pfizer Inc.PFE | 1.93% | 0.24% | 0.24% |
| CVS Health Corp.CVS | 1.97% | 0.23% | 0.23% |
| Capital One FINACOF | 1.05% | 0.21% | 0.21% |
| McKesson Corp.MCK | 1.15% | 0.16% | 0.16% |
| SLB Ltd.SLB | 1.69% | 0.13% | 0.13% |
| The Cigna GroupCI | 2.27% | 0.13% | 0.13% |
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: BUSA, SEC Form N-PORT, June 30, 2026; AAUA, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | BUSA | AAUA |
|---|---|---|
| Royal Bank of Canada | $4.4M | $1.6M |
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: BUSA institutional holders, AAUA institutional holders.
Frequently asked questions
How much do BUSA and AAUA overlap?
10.2% by weight, with 35 holdings in common, using holdings for BUSA as of June 30, 2026 and AAUA as of June 30, 2026. The largest shared position is GOOG.
Do institutions hold both BUSA and AAUA?
1 Form 13F filers report positions in both, out of 66 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%.