NTSX vs FDMO overlap
NTSX and FDMO overlap 51.3% by weight, across 100 shared holdings.
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Top shared holdings
| Holding | NTSX | FDMO | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 6.83% | 7.97% | 6.83% |
| Apple Inc.AAPL | 6.00% | 7.60% | 6.00% |
| Alphabet Inc.-aGOOGL | 5.91% | 5.67% | 5.67% |
| Amazon.COM Inc.AMZN | 3.35% | 3.97% | 3.35% |
| Broadcom Inc.AVGO | 2.28% | 3.53% | 2.28% |
| META Platforms-aMETA | 1.91% | 2.04% | 1.91% |
| Micron TechMU | 1.71% | 2.81% | 1.71% |
| ELI Lilly & CoLLY | 1.61% | 1.96% | 1.61% |
| Berkshire HATH-BBRK/B | 1.47% | 1.83% | 1.47% |
| Tesla Inc.TSLA | 1.69% | 1.38% | 1.38% |
| JPMorgan ChaseJPM | 1.21% | 1.87% | 1.21% |
| Walmart Inc.WMT | 1.21% | 0.90% | 0.90% |
| Exxon Mobil Corp.XOM | 0.82% | 1.12% | 0.82% |
| Applied MaterialAMAT | 0.80% | 1.78% | 0.80% |
| Johnson&JohnsonJNJ | 0.79% | 1.48% | 0.79% |
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: NTSX, SEC Form N-PORT, June 30, 2026; FDMO, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | NTSX | FDMO |
|---|---|---|
| Halbert Hargrove Global Advisors, LLC | $316.3M | $12K |
| FMR LLC | $1K | $269.2M |
| Envestnet Asset Management Inc. | $928K | $144.2M |
| Cetera Investment Advisers | $32.7M | $21.6M |
| LPL Financial LLC | $22.5M | $17.3M |
| Kestra Advisory Services, LLC | $7.6M | $22.2M |
| Cambridge Investment Research Advisors, Inc. | $2.5M | $20.8M |
| Wealth Enhancement Advisory Services, LLC | $19.4M | $1.5M |
| Morgan Stanley | $4.2M | $10.5M |
| JPMorgan Chase & Co | $5.4M | $8.2M |
| Commonwealth Equity Services, LLC | $2.9M | $7.1M |
| Osaic Holdings, Inc. | $4.9M | $4.9M |
| Kestra Private Wealth Services, LLC | $267K | $6.8M |
| Private Advisor Group, LLC | $4.8M | $1.1M |
| Rockefeller Capital Management L.P. | $1.1M | $3.1M |
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: NTSX institutional holders, FDMO institutional holders.
Frequently asked questions
How much do NTSX and FDMO overlap?
51.3% by weight, with 100 holdings in common, using holdings for NTSX as of June 30, 2026 and FDMO as of July 31, 2026. The largest shared position is NVDA.
Do institutions hold both NTSX and FDMO?
34 Form 13F filers report positions in both, out of 197 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%.