HCMT vs GGUS overlap
HCMT and GGUS overlap 47.5% by weight, across 191 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (HCMT: July 31, 2026, GGUS: 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 | HCMT | GGUS | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 6.01% | 11.70% | 6.01% |
| Apple Inc.AAPL | 5.61% | 10.81% | 5.61% |
| Microsoft Corp.MSFT | 4.26% | 4.67% | 4.26% |
| Amazon.COM Inc.AMZN | 3.28% | 3.83% | 3.28% |
| Broadcom Inc.AVGO | 2.28% | 4.11% | 2.28% |
| Alphabet Inc.-aGOOGL | 2.58% | 2.20% | 2.20% |
| Alphabet Inc.-CGOOG | 2.08% | 1.77% | 1.77% |
| META Platforms-aMETA | 1.51% | 3.73% | 1.51% |
| ELI Lilly & CoLLY | 1.12% | 3.43% | 1.12% |
| Tesla Inc.TSLA | 1.08% | 3.96% | 1.08% |
| ADV Micro DeviceAMD | 0.96% | 1.88% | 0.96% |
| VISA Inc.-Class aV | 0.75% | 2.13% | 0.75% |
| Mastercard Inc.-aMA | 0.57% | 1.54% | 0.57% |
| Abbvie Inc.ABBV | 0.55% | 1.49% | 0.55% |
| Costco WholesaleCOST | 0.52% | 1.64% | 0.52% |
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: HCMT, SEC Form N-PORT, July 31, 2026; GGUS, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | HCMT | GGUS |
|---|---|---|
| LPL Financial LLC | $18.7M | $84.3M |
| Envestnet Asset Management Inc. | $8.3M | $46.9M |
| NewEdge Advisors, LLC | $11.1M | $2.4M |
| Raymond James Financial Inc. | $395K | $2.4M |
| Orion Porfolio Solutions, LLC | $871K | $503K |
| Integrated Wealth Concepts LLC | $26K | $658K |
| Commonwealth Equity Services, LLC | $412K | $258K |
| World Investment Advisors | $320K | $309K |
| Morgan Stanley | $244K | $85K |
| Osaic Holdings, Inc. | $151K | $76K |
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: HCMT institutional holders, GGUS institutional holders.
Frequently asked questions
How much do HCMT and GGUS overlap?
47.5% by weight, with 191 holdings in common, using holdings for HCMT as of July 31, 2026 and GGUS as of May 31, 2026. The largest shared position is NVDA.
Do institutions hold both HCMT and GGUS?
10 Form 13F filers report positions in both, out of 80 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%.