RWO vs DIVB overlap
RWO and DIVB overlap 2.2% by weight, across 38 shared holdings.
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Top shared holdings
| Holding | RWO | DIVB | Overlap |
|---|---|---|---|
| Prologis Inc.PLD | 7.42% | 0.29% | 0.29% |
| Simon PropertySPG | 4.26% | 0.24% | 0.24% |
| Realty IncomeO | 3.39% | 0.17% | 0.17% |
| Public StoragePSA | 2.95% | 0.15% | 0.15% |
| Extra Space STOREXR | 1.80% | 0.11% | 0.11% |
| Avalonbay CommunAVB | 1.54% | 0.09% | 0.09% |
| Equity ResidentiEQR | 1.36% | 0.09% | 0.09% |
| Invitation HomesINVH | 0.97% | 0.06% | 0.06% |
| WP Carey Inc.WPC | 0.94% | 0.06% | 0.06% |
| HOST Hotels & REHST | 0.89% | 0.06% | 0.06% |
| Mid-America APARMAA | 0.95% | 0.06% | 0.06% |
| Alexandria RealARE | 0.49% | 0.06% | 0.06% |
| Kimco RealtyKIM | 1.00% | 0.05% | 0.05% |
| Camden PROP TRCPT | 0.68% | 0.05% | 0.05% |
| Healthcare RealtHR | 0.41% | 0.05% | 0.05% |
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: RWO, SEC Form N-PORT, June 30, 2026; DIVB, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | RWO | DIVB |
|---|---|---|
| LPL Financial LLC | $13.3M | $255.4M |
| Bank of America Corp. | $78.0M | $87.3M |
| Steward Partners Investment Advisory, LLC | $56K | $49.5M |
| Envestnet Asset Management Inc. | $28.2M | $6.5M |
| Morgan Stanley | $25.2M | $9.6M |
| Raymond James Financial Inc. | $23.4M | $6.8M |
| Aptus Capital Advisors, LLC | $7K | $19.8M |
| Cetera Investment Advisers | $3.5M | $14.3M |
| IFG Advisory, LLC | $1.3M | $15.7M |
| Commonwealth Equity Services, LLC | $355K | $15.9M |
| Mariner, LLC | $15.2M | $1.1M |
| Cambridge Investment Research Advisors, Inc. | $8.7M | $4.0M |
| Jones Financial Companies LLLP | $11.0M | $1K |
| Royal Bank of Canada | $2.7M | $7.6M |
| Farther Finance Advisors, LLC | $10K | $8.4M |
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: RWO institutional holders, DIVB institutional holders.
Frequently asked questions
How much do RWO and DIVB overlap?
2.2% by weight, with 38 holdings in common, using holdings for RWO as of June 30, 2026 and DIVB as of July 31, 2026. The largest shared position is PLD.
Do institutions hold both RWO and DIVB?
52 Form 13F filers report positions in both, out of 327 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%.