SPLV vs RECS overlap
SPLV and RECS overlap 10.7% by weight, across 27 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SPLV: May 31, 2026, RECS: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | SPLV | RECS | Overlap |
|---|---|---|---|
| TJX COS Inc.TJX | 1.13% | 1.60% | 1.13% |
| Mastercard Inc.-aMA | 0.89% | 2.46% | 0.89% |
| Chevron Corp.CVX | 0.88% | 1.52% | 0.88% |
| Bank of AmericaBAC | 0.87% | 2.09% | 0.87% |
| Altria Group Inc.MO | 0.86% | 1.25% | 0.86% |
| Automatic DataADP | 0.92% | 0.82% | 0.82% |
| Colgate-PalmolivCL | 0.96% | 0.79% | 0.79% |
| General DynamicsGD | 0.92% | 0.71% | 0.71% |
| Illinois Tool WOITW | 0.89% | 0.61% | 0.61% |
| Bank NY MellonBNY | 1.03% | 0.56% | 0.56% |
| US BancorpUSB | 0.85% | 0.49% | 0.49% |
| Entergy Corp.ETR | 0.97% | 0.18% | 0.18% |
| Veralto Corp.VLTO | 0.89% | 0.18% | 0.18% |
| Motorola SolutioMSI | 0.84% | 0.18% | 0.18% |
| Exelon Corp.EXC | 1.06% | 0.17% | 0.17% |
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: SPLV, SEC Form N-PORT, May 31, 2026; RECS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPLV | RECS |
|---|---|---|
| LPL Financial LLC | $286.7M | $939.1M |
| Bank of America Corp. | $521.8M | $227.1M |
| Ameriprise Financial Inc. | $92.9M | $643.1M |
| Morgan Stanley | $370.3M | $305.3M |
| Raymond James Financial Inc. | $84.0M | $254.4M |
| Wells Fargo & Company | $104.6M | $124.6M |
| Commonwealth Equity Services, LLC | $62.7M | $156.2M |
| Osaic Holdings, Inc. | $55.5M | $141.9M |
| Royal Bank of Canada | $137.8M | $48.4M |
| FMR LLC | $163.8M | $627K |
| UBS Group AG | $71.1M | $37.4M |
| Cetera Investment Advisers | $38.9M | $64.0M |
| Bogart Wealth, LLC | $4K | $101.2M |
| JPMorgan Chase & Co | $37.8M | $45.2M |
| Stratos Wealth Partners, LTD. | $3.4M | $72.0M |
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: SPLV institutional holders, RECS institutional holders.
Frequently asked questions
How much do SPLV and RECS overlap?
10.7% by weight, with 27 holdings in common, using holdings for SPLV as of May 31, 2026 and RECS as of July 31, 2026. The largest shared position is TJX.
Do institutions hold both SPLV and RECS?
103 Form 13F filers report positions in both, out of 841 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%.