SMMD vs CGMM overlap
SMMD and CGMM overlap 5.0% by weight, across 36 shared holdings.
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Top shared holdings
| Holding | SMMD | CGMM | Overlap |
|---|---|---|---|
| ATI Inc.ATI | 0.35% | 0.98% | 0.35% |
| Affirm HoldingsAFRM | 0.30% | 0.85% | 0.30% |
| US Foods HoldingUSFD | 0.30% | 1.56% | 0.30% |
| TTM TechnologiesTTMI | 0.25% | 0.80% | 0.25% |
| Generac HoldingsGNRC | 0.23% | 0.70% | 0.23% |
| Royal Gold Inc.RGLD | 0.22% | 0.62% | 0.22% |
| API Group Corp.APG | 0.21% | 0.81% | 0.21% |
| RenaissancereRNR | 0.18% | 1.84% | 0.18% |
| Ionis PharmaceutIONS | 0.17% | 1.14% | 0.17% |
| Texas RoadhousTXRH | 0.17% | 0.89% | 0.17% |
| Applied INDU TECAIT | 0.17% | 0.77% | 0.17% |
| Elanco Animal HEELAN | 0.16% | 0.47% | 0.16% |
| Penumbra Inc.PEN | 0.16% | 0.50% | 0.16% |
| Bio-Techne Corp.TECH | 0.15% | 0.77% | 0.15% |
| Crane CoCR | 0.15% | 1.07% | 0.15% |
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: SMMD, SEC Form N-PORT, June 30, 2026; CGMM, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SMMD | CGMM |
|---|---|---|
| LPL Financial LLC | $25.8M | $708.0M |
| Envestnet Asset Management Inc. | $24.3M | $345.6M |
| Fifth Third Bancorp | $318.9M | $313K |
| Bank of America Corp. | $161.3M | $5.3M |
| Wells Fargo & Company | $3.9M | $155.4M |
| Osaic Holdings, Inc. | $25.1M | $80.6M |
| CENTRAL TRUST Co | $95.9M | $5K |
| Raymond James Financial Inc. | $45.5M | $40.2M |
| Jones Financial Companies LLLP | $1.2M | $81.3M |
| Cetera Investment Advisers | $1.6M | $75.0M |
| Cambridge Investment Research Advisors, Inc. | $2.6M | $70.6M |
| UBS Group AG | $71.0M | $147K |
| Commonwealth Equity Services, LLC | $8.4M | $51.9M |
| Janney Montgomery Scott LLC | $17.4M | $38.6M |
| MML Investors Services, LLC | $7.0M | $43.7M |
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: SMMD institutional holders, CGMM institutional holders.
Frequently asked questions
How much do SMMD and CGMM overlap?
5.0% by weight, with 36 holdings in common, using holdings for SMMD as of June 30, 2026 and CGMM as of May 31, 2026. The largest shared position is ATI.
Do institutions hold both SMMD and CGMM?
74 Form 13F filers report positions in both, out of 412 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%.