OUSM vs BBSC overlap
OUSM and BBSC overlap 5.5% by weight, across 44 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (OUSM: May 31, 2026, BBSC: July 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 | OUSM | BBSC | Overlap |
|---|---|---|---|
| H&R Block Inc.HRB | 1.49% | 0.22% | 0.22% |
| VAIL ResortsMTN | 1.50% | 0.21% | 0.21% |
| Radian Group Inc.RDN | 1.94% | 0.21% | 0.21% |
| RLI Corp.RLI | 0.65% | 0.20% | 0.20% |
| Moelis & Co-CL aMC | 0.53% | 0.19% | 0.19% |
| Gentex Corp.GNTX | 1.72% | 0.19% | 0.19% |
| UFP Industries IUFPI | 0.67% | 0.18% | 0.18% |
| Federated HermesFHI | 1.59% | 0.18% | 0.18% |
| Victory Capita-aVCTR | 0.55% | 0.18% | 0.18% |
| Meritage Homes CMTH | 0.42% | 0.17% | 0.17% |
| Northwestern ENENWE | 0.20% | 0.16% | 0.16% |
| Lazard Inc.LAZ | 0.42% | 0.16% | 0.16% |
| PJT Partners - aPJT | 0.25% | 0.16% | 0.16% |
| Franklin ELEC CoFELE | 0.88% | 0.16% | 0.16% |
| Brady Corp. - aBRC | 0.97% | 0.16% | 0.16% |
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: OUSM, SEC Form N-PORT, May 31, 2026; BBSC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | OUSM | BBSC |
|---|---|---|
| JPMorgan Chase & Co | $723K | $521.3M |
| Morgan Stanley | $59.9M | $827K |
| LPL Financial LLC | $25.5M | $7.0M |
| Janney Montgomery Scott LLC | $1.3M | $10.9M |
| UBS Group AG | $11.1M | $37K |
| Steward Partners Investment Advisory, LLC | $6.1M | $82K |
| Northwestern Mutual Wealth Management Co | $4.5M | $112K |
| Osaic Holdings, Inc. | $1.2M | $1.4M |
| Flow Traders U.S. LLC | $655K | $1.2M |
| Susquehanna International Group, LLP | $1.2M | $301K |
| FMR LLC | $330K | $12K |
| IFP Advisors, Inc | $48K | $8K |
| Farther Finance Advisors, LLC | $29K | $4K |
| Global Retirement Partners, LLC | $6K | $2K |
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: OUSM institutional holders, BBSC institutional holders.
Frequently asked questions
How much do OUSM and BBSC overlap?
5.5% by weight, with 44 holdings in common, using holdings for OUSM as of May 31, 2026 and BBSC as of July 31, 2026. The largest shared position is HRB.
Do institutions hold both OUSM and BBSC?
14 Form 13F filers report positions in both, out of 140 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%.