USVM vs FLQM overlap
USVM and FLQM overlap 7.7% by weight, across 33 shared holdings.
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Top shared holdings
| Holding | USVM | FLQM | Overlap |
|---|---|---|---|
| Everest Group LTEG | 0.54% | 0.64% | 0.54% |
| UNUM GroupUNM | 0.60% | 0.50% | 0.50% |
| ALLY Financial IALLY | 0.42% | 0.42% | 0.42% |
| Allison TransmisALSN | 0.42% | 0.38% | 0.38% |
| Universal HLTH-BUHS | 0.38% | 0.41% | 0.38% |
| Viatris Inc.VTRS | 0.36% | 0.67% | 0.36% |
| Permian Resour-aPR | 0.35% | 0.39% | 0.35% |
| Affil ManagersAMG | 0.41% | 0.35% | 0.35% |
| Old Repub IntlORI | 0.53% | 0.34% | 0.34% |
| Invesco Ltd.IVZ | 0.34% | 0.33% | 0.33% |
| Ovintiv Inc.OVV | 0.32% | 0.52% | 0.32% |
| MGIC INVT Corp.MTG | 0.54% | 0.31% | 0.31% |
| Knight-Swift TRAKNX | 0.30% | 0.36% | 0.30% |
| MACY'S Inc.M | 0.32% | 0.28% | 0.28% |
| Cirrus Logic Inc.CRUS | 0.30% | 0.28% | 0.28% |
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: USVM, SEC Form N-PORT, June 30, 2026; FLQM, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | USVM | FLQM |
|---|---|---|
| LPL Financial LLC | $6.1M | $152.9M |
| Cetera Investment Advisers | $3.1M | $79.9M |
| Raymond James Financial Inc. | $6.6M | $61.1M |
| Northwestern Mutual Wealth Management Co | $104K | $44.6M |
| Morgan Stanley | $389K | $38.7M |
| Bank of America Corp. | $2.3M | $34.1M |
| Envestnet Asset Management Inc. | $764K | $16.7M |
| Osaic Holdings, Inc. | $662K | $14.2M |
| Royal Bank of Canada | $86K | $14.5M |
| OneDigital Investment Advisors LLC | $364K | $11.0M |
| Janney Montgomery Scott LLC | $304K | $10.0M |
| JPMorgan Chase & Co | $816K | $6.1M |
| Commonwealth Equity Services, LLC | $321K | $6.1M |
| Citadel Advisors LLC | $2.5M | $2.5M |
| Steward Partners Investment Advisory, LLC | $1.8M | $2.6M |
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: USVM institutional holders, FLQM institutional holders.
Frequently asked questions
How much do USVM and FLQM overlap?
7.7% by weight, with 33 holdings in common, using holdings for USVM as of June 30, 2026 and FLQM as of June 30, 2026. The largest shared position is EG.
Do institutions hold both USVM and FLQM?
30 Form 13F filers report positions in both, out of 200 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%.