DWM vs BINV overlap
DWM and BINV overlap 3.8% by weight, across 19 shared holdings.
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Top shared holdings
| Holding | DWM | BINV | Overlap |
|---|---|---|---|
| Intesa SanpaoloISP | 1.14% | 1.56% | 1.14% |
| SanofiSAN | 0.54% | 3.10% | 0.54% |
| DHL GroupDHL | 0.33% | 1.29% | 0.33% |
| CIE Financi-REGCFRHF | 0.30% | 2.10% | 0.30% |
| UBS Group AGUBS | 0.29% | 1.67% | 0.29% |
| Takeda Pharmaceu4502 | 0.24% | 2.35% | 0.24% |
| Honda Motor Co7267 | 0.23% | 1.62% | 0.23% |
| Erste Group BankEBS | 0.18% | 1.19% | 0.18% |
| Astellas Pharma4503 | 0.12% | 1.90% | 0.12% |
| Publicis GroupePUB | 0.10% | 1.72% | 0.10% |
| Bridgestone Corp.5108 | 0.09% | 1.52% | 0.09% |
| Heineken HLDGHKHHF | 0.06% | 2.06% | 0.06% |
| Essity Aktiebo-BESSITYB | 0.04% | 1.33% | 0.04% |
| Beiersdorf AGBEI | 0.04% | 0.35% | 0.04% |
| Henkel AG & Co KHEN | 0.02% | 2.33% | 0.02% |
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: DWM, SEC Form N-PORT, June 30, 2026; BINV, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | DWM | BINV |
|---|---|---|
| LPL Financial LLC | $34.4M | $5.5M |
| Osaic Holdings, Inc. | $2.4M | $30.3M |
| Envestnet Asset Management Inc. | $8.2M | $11.2M |
| Wealth Enhancement Advisory Services, LLC | $16.0M | $1.8M |
| UBS Group AG | $17.0M | $26K |
| Stifel Financial Corp. | $869K | $10.0M |
| Jane Street Group, LLC | $1.4M | $6.4M |
| Kestra Advisory Services, LLC | $6.0M | $487K |
| CIBC World Market Inc. | $4.3M | $267K |
| Commonwealth Equity Services, LLC | $239K | $4.2M |
| Farther Finance Advisors, LLC | $18K | $4.3M |
| Rockefeller Capital Management L.P. | $623K | $3.4M |
| Integrated Wealth Concepts LLC | $103K | $2.5M |
| HighTower Advisors, LLC | $1.0M | $1.3M |
| Cambridge Investment Research Advisors, Inc. | $1.0M | $1.3M |
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: DWM institutional holders, BINV institutional holders.
Frequently asked questions
How much do DWM and BINV overlap?
3.8% by weight, with 19 holdings in common, using holdings for DWM as of June 30, 2026 and BINV as of June 30, 2026. The largest shared position is ISP.
Do institutions hold both DWM and BINV?
21 Form 13F filers report positions in both, out of 156 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%.