REGL vs DES overlap
REGL and DES overlap 4.4% by weight, across 8 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | REGL | DES | Overlap |
|---|---|---|---|
| Sonoco ProductsSON | 1.35% | 0.99% | 0.99% |
| Northwestern ENENWE | 1.57% | 0.90% | 0.90% |
| Polaris Inc.PII | 1.80% | 0.56% | 0.56% |
| Cabot Corp.CBT | 1.81% | 0.52% | 0.52% |
| Avient Corp.AVNT | 1.46% | 0.47% | 0.47% |
| Silgan HoldingsSLGN | 1.45% | 0.40% | 0.40% |
| First FIN BankshFFIN | 1.59% | 0.32% | 0.32% |
| Intl BancsharesIBOC | 1.59% | 0.27% | 0.27% |
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: REGL, SEC Form N-PORT, May 31, 2026; DES, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | REGL | DES |
|---|---|---|
| Morgan Stanley | $202.6M | $115.0M |
| Bank of America Corp. | $46.4M | $99.4M |
| LPL Financial LLC | $57.5M | $56.9M |
| Raymond James Financial Inc. | $59.7M | $30.4M |
| UBS Group AG | $24.3M | $54.7M |
| Wells Fargo & Company | $35.8M | $33.5M |
| Northwestern Mutual Wealth Management Co | $57.9M | $2.4M |
| Royal Bank of Canada | $27.8M | $27.9M |
| Creative Planning | $963K | $54.5M |
| Jones Financial Companies LLLP | $8.3M | $34.9M |
| Ameriprise Financial Inc. | $21.2M | $17.1M |
| Mercer Global Advisors Inc. | $1.4M | $35.4M |
| Baird Financial Group, Inc. | $27.6M | $6.1M |
| Commonwealth Equity Services, LLC | $17.3M | $9.6M |
| &Partners | $23.3M | $2.2M |
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: REGL institutional holders, DES institutional holders.
Frequently asked questions
How much do REGL and DES overlap?
4.4% by weight, with 8 holdings in common, using holdings for REGL as of May 31, 2026 and DES as of June 30, 2026. The largest shared position is SON.
Do institutions hold both REGL and DES?
103 Form 13F filers report positions in both, out of 506 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%.