UWM vs DPST overlap
UWM and DPST overlap 4.1% by weight, across 135 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (UWM: May 31, 2026, DPST: 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 | UWM | DPST | Overlap |
|---|---|---|---|
| UMB FinancialUMBF | 0.14% | 0.93% | 0.14% |
| Old NATL BancorpONB | 0.12% | 0.92% | 0.12% |
| Valley NATL BANCVLY | 0.10% | 0.85% | 0.10% |
| Glacier BancorpGBCI | 0.09% | 0.87% | 0.09% |
| United BankshsUBSI | 0.09% | 0.91% | 0.09% |
| Hancock WhitneyHWC | 0.08% | 0.92% | 0.08% |
| Ameris BancorpABCB | 0.08% | 0.85% | 0.08% |
| Atlantic Union BAUB | 0.08% | 0.92% | 0.08% |
| Home BancsharesHOMB | 0.07% | 0.95% | 0.07% |
| AXOS Financial IAX | 0.07% | 0.82% | 0.07% |
| Assoc BANC-Corp.ASB | 0.07% | 0.91% | 0.07% |
| First FIN BankshFFIN | 0.07% | 0.56% | 0.07% |
| Texas Capital BATCBI | 0.06% | 0.83% | 0.06% |
| Eastern BanksharEBC | 0.06% | 0.89% | 0.06% |
| Flagstar Bank NAFLG | 0.06% | 0.83% | 0.06% |
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: UWM, SEC Form N-PORT, May 31, 2026; DPST, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | UWM | DPST |
|---|---|---|
| Citadel Advisors LLC | $4.5M | $40.5M |
| TOTH Financial Advisory Corp. | $6.2M | $254K |
| Susquehanna International Group, LLP | $904K | $4.5M |
| UBS Group AG | $345K | $2.2M |
| Genesee Capital Advisors, LLC | $1.3M | $369K |
| Capital Investment Counsel, Inc | $1.3M | $7K |
| Tower Research Capital LLC (TRC) | $405K | $804K |
| Allworth Financial LP | $4K | $80K |
| Bank of Montreal | $7K | $55K |
| JPMorgan Chase & Co | $1K | $7K |
| Morgan Stanley | $105 | $267 |
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: UWM institutional holders, DPST institutional holders.
Frequently asked questions
How much do UWM and DPST overlap?
4.1% by weight, with 135 holdings in common, using holdings for UWM as of May 31, 2026 and DPST as of July 31, 2026. The largest shared position is UMBF.
Do institutions hold both UWM and DPST?
11 Form 13F filers report positions in both, out of 63 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%.