XCEM vs ILF overlap
XCEM and ILF overlap 3.2% by weight, across 21 shared holdings.
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Top shared holdings
| Holding | XCEM | ILF | Overlap |
|---|---|---|---|
| Grupo Mexico-BGMBXF | 0.51% | 5.63% | 0.51% |
| Itausa SA - Preferred SharesITSA4 | 0.39% | 2.40% | 0.39% |
| America Movil-BAMXB | 0.30% | 3.72% | 0.30% |
| Grupo F Banort-OGFNORTEO | 0.23% | 4.07% | 0.23% |
| Fomento ECON-UBDFEMSAUBD | 0.23% | 3.40% | 0.23% |
| B3 SAB3SA3 | 0.19% | 2.26% | 0.19% |
| WEG SAWEGE3 | 0.18% | 2.13% | 0.18% |
| Cemex SAB-CPOCEMEXCPO | 0.15% | 2.90% | 0.15% |
| Latam AirlinesLTM | 0.15% | 1.17% | 0.15% |
| Walmart de MexicWALMEX* | 0.11% | 2.26% | 0.11% |
| ARCA ContinentalAC* | 0.10% | 0.94% | 0.10% |
| Falabella SAFALAB | 0.09% | 0.82% | 0.09% |
| Trust Fibra UNOFUNO11 | 0.08% | 0.75% | 0.08% |
| LocalizaRENT3 | 0.08% | 1.11% | 0.08% |
| SabespSBSP3 | 0.07% | 2.17% | 0.07% |
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: XCEM, SEC Form N-PORT, June 30, 2026; ILF, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XCEM | ILF |
|---|---|---|
| Morgan Stanley | $188.1M | $178.2M |
| Bank of America Corp. | $186.7M | $63.9M |
| LPL Financial LLC | $84.5M | $28.4M |
| Northwestern Mutual Wealth Management Co | $74.2M | $8.5M |
| Raymond James Financial Inc. | $56.3M | $24.3M |
| Wells Fargo & Company | $27.1M | $46.0M |
| Susquehanna International Group, LLP | $255K | $58.6M |
| Ameriprise Financial Inc. | $29.4M | $19.6M |
| Commonwealth Equity Services, LLC | $33.8M | $6.5M |
| HighTower Advisors, LLC | $10.0M | $24.2M |
| Royal Bank of Canada | $13.4M | $19.8M |
| UBS Group AG | $18.6M | $13.5M |
| Osaic Holdings, Inc. | $12.6M | $17.0M |
| Cambridge Investment Research Advisors, Inc. | $12.6M | $16.0M |
| Envestnet Asset Management Inc. | $7.1M | $17.3M |
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: XCEM institutional holders, ILF institutional holders.
Frequently asked questions
How much do XCEM and ILF overlap?
3.2% by weight, with 21 holdings in common, using holdings for XCEM as of June 30, 2026 and ILF as of June 30, 2026. The largest shared position is GMBXF.
Do institutions hold both XCEM and ILF?
76 Form 13F filers report positions in both, out of 461 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%.