XMHQ vs SMLF overlap
XMHQ and SMLF overlap 11.5% by weight, across 68 shared holdings.
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Top shared holdings
| Holding | XMHQ | SMLF | Overlap |
|---|---|---|---|
| Nvent ElectricNVT | 2.93% | 0.80% | 0.80% |
| Mueller INDSMLI | 1.89% | 0.59% | 0.59% |
| Medpace HoldingsMEDP | 3.13% | 0.45% | 0.45% |
| Carpenter TechCRS | 2.70% | 0.43% | 0.43% |
| Evercore Inc.EVR | 2.23% | 0.42% | 0.42% |
| Curtiss-WrightCW | 3.21% | 0.42% | 0.42% |
| Everpure Inc.-aP | 3.28% | 0.40% | 0.40% |
| United TherapeutUTHR | 2.53% | 0.39% | 0.39% |
| Sharkninja Inc.SN | 1.27% | 0.38% | 0.38% |
| Antero MidstreamAM | 0.73% | 0.35% | 0.35% |
| Exelixis Inc.EXEL | 2.70% | 0.32% | 0.32% |
| Weatherford INTEWFRD | 0.75% | 0.32% | 0.32% |
| Carlisle COS Inc.CSL | 2.19% | 0.28% | 0.28% |
| Old Repub IntlORI | 1.06% | 0.27% | 0.27% |
| Primerica Inc.PRI | 1.37% | 0.26% | 0.26% |
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: XMHQ, SEC Form N-PORT, July 31, 2026; SMLF, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | XMHQ | SMLF |
|---|---|---|
| LPL Financial LLC | $459.4M | $142.0M |
| Wells Fargo & Company | $66.4M | $271.7M |
| Ameriprise Financial Inc. | $120.3M | $194.2M |
| Morgan Stanley | $277.0M | $26.2M |
| Cetera Investment Advisers | $157.5M | $74.2M |
| Vantagepoint Investment Advisers LLC | $144.5M | $59.5M |
| Bank of America Corp. | $72.4M | $127.3M |
| Northwestern Mutual Wealth Management Co | $136.6M | $36.9M |
| Cambridge Investment Research Advisors, Inc. | $73.3M | $70.4M |
| Commonwealth Equity Services, LLC | $107.0M | $31.9M |
| Raymond James Financial Inc. | $92.8M | $43.6M |
| Jones Financial Companies LLLP | $120.9M | $5K |
| Osaic Holdings, Inc. | $48.7M | $41.4M |
| HighTower Advisors, LLC | $27.7M | $57.6M |
| Modern Wealth Management, LLC | $6.4M | $72.1M |
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: XMHQ institutional holders, SMLF institutional holders.
Frequently asked questions
How much do XMHQ and SMLF overlap?
11.5% by weight, with 68 holdings in common, using holdings for XMHQ as of July 31, 2026 and SMLF as of July 31, 2026. The largest shared position is NVT.
Do institutions hold both XMHQ and SMLF?
132 Form 13F filers report positions in both, out of 599 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%.