DNL vs AVXC overlap
DNL and AVXC overlap 3.2% by weight, across 64 shared holdings.
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Top shared holdings
| Holding | DNL | AVXC | Overlap |
|---|---|---|---|
| OTP Bank PLCOTP | 0.34% | 0.32% | 0.32% |
| Accton Tech2345 | 0.37% | 0.19% | 0.19% |
| Hanwha Aerospace012450 | 0.20% | 0.18% | 0.18% |
| ASIA Vital3017 | 0.20% | 0.17% | 0.17% |
| Delta Electronics Thailand PCLDELTA-R | 0.40% | 0.16% | 0.16% |
| Elite Material2383 | 0.45% | 0.16% | 0.16% |
| Capitec Bank HOLCPI | 0.24% | 0.14% | 0.14% |
| HD Hyundai Elect267260 | 0.13% | 0.13% | 0.13% |
| Intl Contain TERICT | 0.08% | 0.09% | 0.08% |
| Adani Power Ltd.ADANI | 0.08% | 0.08% | 0.08% |
| Gold Circuit2368 | 0.08% | 0.14% | 0.08% |
| Hyosung Heavy in298040 | 0.06% | 0.07% | 0.06% |
| Global Unichip3443 | 0.06% | 0.07% | 0.06% |
| Bizlink Holding3665 | 0.06% | 0.08% | 0.06% |
| AselsanASELS | 0.08% | 0.06% | 0.06% |
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: DNL, SEC Form N-PORT, June 30, 2026; AVXC, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | DNL | AVXC |
|---|---|---|
| AE Wealth Management LLC | $24K | $122.8M |
| Morgan Stanley | $58.4M | $7K |
| UBS Group AG | $32.1M | $13K |
| LPL Financial LLC | $22.3M | $5.3M |
| Mercer Global Advisors Inc. | $538K | $26.9M |
| Royal Bank of Canada | $19.9M | $0 |
| Susquehanna International Group, LLP | $1.2M | $16.0M |
| JPMorgan Chase & Co | $9.4M | $3.3M |
| Wells Fargo & Company | $10.2M | $1K |
| Jane Street Group, LLC | $1.1M | $4.7M |
| Osaic Holdings, Inc. | $440K | $162K |
| Flow Traders U.S. LLC | $331K | $264K |
| FMR LLC | $344K | $15K |
| Steward Partners Investment Advisory, LLC | $198K | $21K |
| AdvisorNet Financial, Inc | $73K | $51K |
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: DNL institutional holders, AVXC institutional holders.
Frequently asked questions
How much do DNL and AVXC overlap?
3.2% by weight, with 64 holdings in common, using holdings for DNL as of June 30, 2026 and AVXC as of May 31, 2026. The largest shared position is OTP.
Do institutions hold both DNL and AVXC?
16 Form 13F filers report positions in both, out of 159 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%.