FMAG vs DUNK overlap
FMAG and DUNK overlap 36.0% by weight, across 10 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (FMAG: July 31, 2026, DUNK: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | FMAG | DUNK | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 10.04% | 8.51% | 8.51% |
| Amazon.COM Inc.AMZN | 6.74% | 9.36% | 6.74% |
| Microsoft Corp.MSFT | 5.32% | 7.35% | 5.32% |
| Alphabet Inc.-aGOOGL | 4.06% | 6.45% | 4.06% |
| Broadcom Inc.AVGO | 5.18% | 3.10% | 3.10% |
| VISA Inc.-Class aV | 2.27% | 4.00% | 2.27% |
| Mastercard Inc.-aMA | 2.10% | 2.72% | 2.10% |
| LAM ResearchLRCX | 1.93% | 2.47% | 1.93% |
| META Platforms-aMETA | 1.92% | 4.00% | 1.92% |
| General ElectricGE | 2.01% | 0.04% | 0.04% |
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: FMAG, SEC Form N-PORT, July 31, 2026; DUNK, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | FMAG | DUNK |
|---|---|---|
| Envestnet Asset Management Inc. | $3.7M | $3.0M |
| Osaic Holdings, Inc. | $50K | $3.4M |
| UBS Group AG | $2.2M | $5K |
| LPL Financial LLC | $286K | $373K |
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: FMAG institutional holders, DUNK institutional holders.
Frequently asked questions
How much do FMAG and DUNK overlap?
36.0% by weight, with 10 holdings in common, using holdings for FMAG as of July 31, 2026 and DUNK as of May 31, 2026. The largest shared position is NVDA.
Do institutions hold both FMAG and DUNK?
4 Form 13F filers report positions in both, out of 48 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%.