SMMD vs IMCG overlap
SMMD and IMCG overlap 6.5% by weight, across 36 shared holdings.
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Top shared holdings
| Holding | SMMD | IMCG | Overlap |
|---|---|---|---|
| Carpenter TechCRS | 0.40% | 0.35% | 0.35% |
| ATI Inc.ATI | 0.35% | 0.34% | 0.34% |
| Nvent ElectricNVT | 0.36% | 0.34% | 0.34% |
| Woodward Inc.WWD | 0.34% | 0.29% | 0.29% |
| SOFI TechnologieSOFI | 0.30% | 0.28% | 0.28% |
| Affirm HoldingsAFRM | 0.30% | 0.28% | 0.28% |
| MKS Inc.MKSI | 0.40% | 0.27% | 0.27% |
| Macom TechnologyMTSI | 0.34% | 0.24% | 0.24% |
| ITT Inc.ITT | 0.23% | 0.24% | 0.23% |
| Lattice SemicondLSCC | 0.28% | 0.23% | 0.23% |
| RBC Bearings Inc.RBC | 0.27% | 0.23% | 0.23% |
| CH RobinsonCHRW | 0.29% | 0.23% | 0.23% |
| Royal Gold Inc.RGLD | 0.22% | 0.23% | 0.22% |
| BWX TechnologiesBWXT | 0.24% | 0.21% | 0.21% |
| API Group Corp.APG | 0.21% | 0.21% | 0.21% |
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; IMCG, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SMMD | IMCG |
|---|---|---|
| Fifth Third Bancorp | $318.9M | $1.2M |
| LPL Financial LLC | $25.8M | $282.3M |
| Bank of America Corp. | $161.3M | $56.8M |
| Bank of Montreal | $212.9M | $636K |
| Raymond James Financial Inc. | $45.5M | $111.8M |
| Morgan Stanley | $8.1M | $129.4M |
| UBS Group AG | $71.0M | $43.3M |
| Ameriprise Financial Inc. | $13.8M | $100.4M |
| Wellington Management Group LLP | $99.4M | $12.1M |
| FMR LLC | $99.2M | $2.0M |
| Northwestern Mutual Wealth Management Co | $2.6M | $97.6M |
| Cetera Investment Advisers | $1.6M | $95.4M |
| CENTRAL TRUST Co | $95.9M | $12K |
| Osaic Holdings, Inc. | $25.1M | $53.4M |
| Focus Partners Wealth | $71.1M | $344K |
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, IMCG institutional holders.
Frequently asked questions
How much do SMMD and IMCG overlap?
6.5% by weight, with 36 holdings in common, using holdings for SMMD as of June 30, 2026 and IMCG as of July 31, 2026. The largest shared position is CRS.
Do institutions hold both SMMD and IMCG?
107 Form 13F filers report positions in both, out of 576 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%.