DFIV vs ACWI overlap
DFIV and ACWI overlap 10.1% by weight, across 339 shared holdings.
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Top shared holdings
| Holding | DFIV | ACWI | Overlap |
|---|---|---|---|
| HSBC Holdings PLHSBA | 0.74% | 0.36% | 0.36% |
| Shell PLCSHELL | 0.79% | 0.26% | 0.26% |
| Mitsubishi UFJ F8306 | 0.53% | 0.24% | 0.24% |
| Banco SantanderSAN | 1.93% | 0.20% | 0.20% |
| Toronto-DOM BankTD | 1.41% | 0.20% | 0.20% |
| Toyota Motor7203 | 1.78% | 0.17% | 0.17% |
| Totalenergies SETTE | 2.05% | 0.17% | 0.17% |
| UBS Group AGUBS | 0.77% | 0.17% | 0.17% |
| SMFG8316 | 1.01% | 0.15% | 0.15% |
| Unicredit SpaUCG | 0.60% | 0.13% | 0.13% |
| BNP ParibasBNP | 0.79% | 0.13% | 0.13% |
| CIE Financi-REGCFRHF | 0.82% | 0.12% | 0.12% |
| Bank of MontrealBMO | 1.03% | 0.12% | 0.12% |
| Mizuho Financial8411 | 0.55% | 0.12% | 0.12% |
| BRIT AMER TobaccBATS | 0.67% | 0.12% | 0.12% |
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: DFIV, SEC Form N-PORT, July 31, 2026; ACWI, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | DFIV | ACWI |
|---|---|---|
| Northwestern Mutual Wealth Management Co | $1.8B | $25.8M |
| Morgan Stanley | $11.7M | $1.8B |
| Mercer Global Advisors Inc. | $1.3B | $28.7M |
| PNC Financial Services Group, Inc. | $929.2M | $217.8M |
| Focus Partners Wealth | $929.0M | $52.6M |
| Northern Trust Corp. | $391.1M | $250.6M |
| Savant Capital, LLC | $574.1M | $2.8M |
| Bank of America Corp. | $207.1M | $350.3M |
| EP Wealth Advisors, LLC | $496.9M | $5.9M |
| Wells Fargo & Company | $67.3M | $299.6M |
| Envestnet Asset Management Inc. | $274.7M | $63.0M |
| Focus Partners Advisor Solutions, LLC | $320.4M | $1.5M |
| UBS Group AG | $132.3M | $185.0M |
| Raymond James Financial Inc. | $253.1M | $54.7M |
| Corient Private Wealth LP | $190.0M | $107.9M |
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: DFIV institutional holders, ACWI institutional holders.
Frequently asked questions
How much do DFIV and ACWI overlap?
10.1% by weight, with 339 holdings in common, using holdings for DFIV as of July 31, 2026 and ACWI as of July 31, 2026. The largest shared position is HSBA.
Do institutions hold both DFIV and ACWI?
266 Form 13F filers report positions in both, out of 1,470 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%.