SPSB vs DFCF overlap

SPSB and DFCF overlap 0.6% by weight, across 46 shared holdings.

SPSBDFCF

Pick 2 to 4 ETFs.

0.6%

overlap by weight, across 46 shared holdings

SPSB2.8% of the fund is in shared holdings, of 1,599

DFCF0.6% of the fund is in shared holdings, of 1,770

Top shared holdings

Holding	SPSB	DFCF	Overlap
META Platforms	0.08%	0.06%	0.06%
Elevance Health	0.05%	0.05%	0.05%
Las Vegas Sands	0.05%	0.05%	0.05%
Broadcom Inc.	0.11%	0.05%	0.05%
Centerpoint ENER	0.04%	0.05%	0.04%
DXC Tech Co	0.05%	0.04%	0.04%
CNO FinancialCNO	0.03%	0.06%	0.03%
Brixmor OperatinBRX	0.05%	0.03%	0.03%
Best BUY Co Inc.	0.02%	0.02%	0.02%
Firstenergy Penn	0.04%	0.02%	0.02%
Aercap Ireland	0.44%	0.02%	0.02%
GEN Motors FIN	0.06%	0.01%	0.01%
LEAR Corp.	0.04%	0.01%	0.01%
Oneok Inc.	0.04%	0.01%	0.01%
Sumitomo Mitsui	0.11%	0.01%	0.01%

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: SPSB, SEC Form N-PORT, June 30, 2026; DFCF, SEC Form N-PORT, July 31, 2026.

150

institutions report holding both, of 936 holding any

SPSB57.5% of its 13F dollars, 26.0% of its 576 holders

DFCF29.5% of its 13F dollars, 29.4% of its 510 holders

Largest institutions holding both

Firm	SPSB	DFCF
Creative Planning	$1.7B	$8.9M
JPMorgan Chase & Co	$911.9M	$23.2M
LPL Financial LLC	$288.3M	$53.8M
Bank of America Corp.	$221.5M	$17.9M
Morgan Stanley	$238.3M	$64K
Envestnet Asset Management Inc.	$177.0M	$49.1M
Beacon Pointe Advisors, LLC	$39.7M	$164.5M
Elser Financial Planning, Inc	$208K	$186.5M
Vise Technologies, Inc.	$579K	$155.3M
OneDigital Investment Advisors LLC	$677K	$146.7M
Savant Capital, LLC	$918K	$143.5M
Royal Bank of Canada	$107.6M	$36.6M
Phillips Financial Management, LLC	$140K	$109.7M
Allworth Financial LP	$169K	$108.7M
Commonwealth Equity Services, LLC	$18.9M	$89.8M

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: SPSB institutional holders, DFCF institutional holders.

Frequently asked questions

How much do SPSB and DFCF overlap?

0.6% by weight, with 46 holdings in common, using holdings for SPSB as of June 30, 2026 and DFCF as of July 31, 2026. The largest shared position is META PLATFORMS.

Do institutions hold both SPSB and DFCF?

150 Form 13F filers report positions in both, out of 936 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%.