ROUS vs HCMT overlap
ROUS and HCMT overlap 28.8% by weight, across 237 shared holdings.
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Top shared holdings
| Holding | ROUS | HCMT | Overlap |
|---|---|---|---|
| Alphabet Inc.-aGOOGL | 1.40% | 2.58% | 1.40% |
| Apple Inc.AAPL | 0.97% | 5.61% | 0.97% |
| Microsoft Corp.MSFT | 0.87% | 4.26% | 0.87% |
| Micron TechMU | 0.84% | 1.15% | 0.84% |
| Johnson&JohnsonJNJ | 0.90% | 0.76% | 0.76% |
| Nvidia Corp.NVDA | 0.66% | 6.01% | 0.66% |
| Cisco SystemsCSCO | 1.33% | 0.57% | 0.57% |
| Applied MaterialAMAT | 1.06% | 0.50% | 0.50% |
| META Platforms-aMETA | 0.47% | 1.51% | 0.47% |
| Unitedhealth GRPUNH | 0.50% | 0.47% | 0.47% |
| LAM ResearchLRCX | 0.99% | 0.45% | 0.45% |
| Exxon Mobil Corp.XOM | 0.45% | 0.80% | 0.45% |
| Walmart Inc.WMT | 0.44% | 0.60% | 0.44% |
| Merck & CoMRK | 1.05% | 0.40% | 0.40% |
| Broadcom Inc.AVGO | 0.39% | 2.28% | 0.39% |
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: ROUS, SEC Form N-PORT, July 31, 2026; HCMT, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | ROUS | HCMT |
|---|---|---|
| LPL Financial LLC | $52.3M | $18.7M |
| Morgan Stanley | $35.3M | $244K |
| Raymond James Financial Inc. | $30.6M | $395K |
| NewEdge Advisors, LLC | $4.3M | $11.1M |
| Envestnet Asset Management Inc. | $421K | $8.3M |
| Commonwealth Equity Services, LLC | $6.8M | $412K |
| Osaic Holdings, Inc. | $3.2M | $151K |
| Wealth Enhancement Advisory Services, LLC | $233K | $1.5M |
| J.W. Cole Advisors, Inc. | $435K | $665K |
| Summit Financial, LLC | $318K | $333K |
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: ROUS institutional holders, HCMT institutional holders.
Frequently asked questions
How much do ROUS and HCMT overlap?
28.8% by weight, with 237 holdings in common, using holdings for ROUS as of July 31, 2026 and HCMT as of July 31, 2026. The largest shared position is GOOGL.
Do institutions hold both ROUS and HCMT?
10 Form 13F filers report positions in both, out of 102 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%.