SPTM vs DFAU overlap
SPTM and DFAU overlap 86.9% by weight, across 1,333 shared holdings.
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Top shared holdings
| Holding | SPTM | DFAU | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 6.92% | 6.74% | 6.74% |
| Apple Inc.AAPL | 6.07% | 6.45% | 6.07% |
| Microsoft Corp.MSFT | 3.96% | 5.09% | 3.96% |
| Amazon.COM Inc.AMZN | 3.33% | 3.59% | 3.33% |
| Alphabet Inc.-aGOOGL | 2.99% | 2.74% | 2.74% |
| Broadcom Inc.AVGO | 2.56% | 2.34% | 2.34% |
| Alphabet Inc.-CGOOG | 2.38% | 2.28% | 2.28% |
| META Platforms-aMETA | 1.76% | 1.79% | 1.76% |
| Micron TechMU | 1.86% | 1.39% | 1.39% |
| JPMorgan ChaseJPM | 1.25% | 1.28% | 1.25% |
| ELI Lilly & CoLLY | 1.35% | 1.24% | 1.24% |
| Berkshire HATH-BBRK/B | 1.31% | 1.11% | 1.11% |
| Tesla Inc.TSLA | 1.69% | 1.08% | 1.08% |
| ADV Micro DeviceAMD | 1.35% | 0.86% | 0.86% |
| Exxon Mobil Corp.XOM | 0.81% | 0.88% | 0.81% |
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: SPTM, SEC Form N-PORT, June 30, 2026; DFAU, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPTM | DFAU |
|---|---|---|
| LPL Financial LLC | $753.6M | $58.3M |
| Assetmark, Inc. | $500.1M | $15.5M |
| Creative Planning | $385.4M | $36.5M |
| Sequoia Financial Advisors, LLC | $3.8M | $393.2M |
| Allworth Financial LP | $95.1M | $203.8M |
| RVW Wealth, LLC | $27.6M | $249.4M |
| Annex Advisory Services, LLC | $21.7M | $225.3M |
| Private Advisor Group, LLC | $238.8M | $4.5M |
| OneDigital Investment Advisors LLC | $4.4M | $235.8M |
| Aquire Wealth Advisors, LLC | $42.4M | $186.8M |
| Focus Partners Wealth | $35.7M | $182.9M |
| Cambridge Investment Research Advisors, Inc. | $136.7M | $43.3M |
| Osaic Holdings, Inc. | $139.9M | $32.5M |
| MAI Capital Management | $212K | $169.4M |
| Modera Wealth Management, LLC | $2.4M | $162.1M |
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: SPTM institutional holders, DFAU institutional holders.
Frequently asked questions
How much do SPTM and DFAU overlap?
86.9% by weight, with 1,333 holdings in common, using holdings for SPTM as of June 30, 2026 and DFAU as of July 31, 2026. The largest shared position is NVDA.
Do institutions hold both SPTM and DFAU?
229 Form 13F filers report positions in both, out of 1,151 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%.