ICF vs DFAR overlap
ICF and DFAR overlap 74.2% by weight, across 30 shared holdings.
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Top shared holdings
| Holding | ICF | DFAR | Overlap |
|---|---|---|---|
| Welltower Inc.WELL | 8.45% | 8.01% | 8.01% |
| Prologis Inc.PLD | 8.00% | 6.79% | 6.79% |
| Equinix Inc.EQIX | 7.35% | 5.09% | 5.09% |
| Simon PropertySPG | 6.39% | 4.83% | 4.83% |
| Realty IncomeO | 4.40% | 4.45% | 4.40% |
| Digital RealtyDLR | 4.35% | 4.59% | 4.35% |
| American Tower CAMT | 6.95% | 4.32% | 4.32% |
| Public StoragePSA | 5.23% | 4.05% | 4.05% |
| Ventas Inc.VTR | 4.34% | 3.39% | 3.39% |
| Iron MountainIRM | 3.59% | 2.73% | 2.73% |
| Crown Castle Inc.CCI | 3.28% | 2.45% | 2.45% |
| Extra Space STOREXR | 3.22% | 2.32% | 2.32% |
| VICI PropertiesVICI | 2.93% | 2.12% | 2.12% |
| Avalonbay CommunAVB | 2.76% | 1.94% | 1.94% |
| Equity ResidentiEQR | 2.47% | 1.71% | 1.71% |
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: ICF, SEC Form N-PORT, July 31, 2026; DFAR, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | ICF | DFAR |
|---|---|---|
| Northwestern Mutual Wealth Management Co | $144.6M | $6.1M |
| JPMorgan Chase & Co | $112.8M | $251K |
| Focus Partners Wealth | $11.5M | $88.1M |
| Morgan Stanley | $98.8M | $21K |
| HighTower Advisors, LLC | $8.8M | $71.2M |
| Royal Bank of Canada | $41.0M | $2.2M |
| Raymond James Financial Inc. | $32.2M | $11.0M |
| Osaic Holdings, Inc. | $39.3M | $3.2M |
| LPL Financial LLC | $29.1M | $10.8M |
| Moisand Fitzgerald Tamayo, LLC | $122K | $38.1M |
| Savant Capital, LLC | $1.4M | $31.5M |
| Beacon Pointe Advisors, LLC | $3.3M | $24.5M |
| Pathstone Holdings, LLC | $14.0M | $12.3M |
| Kestra Advisory Services, LLC | $23.4M | $1.4M |
| Creative Planning | $19.3M | $4.0M |
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: ICF institutional holders, DFAR institutional holders.
Frequently asked questions
How much do ICF and DFAR overlap?
74.2% by weight, with 30 holdings in common, using holdings for ICF as of July 31, 2026 and DFAR as of July 31, 2026. The largest shared position is WELL.
Do institutions hold both ICF and DFAR?
98 Form 13F filers report positions in both, out of 572 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%.