FDRR vs BUSA overlap
FDRR and BUSA overlap 11.3% by weight, across 12 shared holdings.
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Top shared holdings
| Holding | FDRR | BUSA | Overlap |
|---|---|---|---|
| Unitedhealth GRPUNH | 1.51% | 1.85% | 1.51% |
| Johnson&JohnsonJNJ | 1.60% | 1.47% | 1.47% |
| Bank of AmericaBAC | 1.37% | 2.62% | 1.37% |
| Merck & CoMRK | 1.18% | 2.70% | 1.18% |
| Citigroup Inc.C | 1.12% | 2.40% | 1.12% |
| Wells Fargo & CoWFC | 1.03% | 2.04% | 1.03% |
| JPMorgan ChaseJPM | 2.15% | 1.01% | 1.01% |
| Pfizer Inc.PFE | 0.81% | 1.93% | 0.81% |
| Truist FinancialTFC | 0.75% | 0.96% | 0.75% |
| Chevron Corp.CVX | 0.73% | 1.75% | 0.73% |
| Comcast Corp.-aCMCSA | 0.18% | 1.58% | 0.18% |
| Omnicom GroupOMC | 0.12% | 1.57% | 0.12% |
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: FDRR, SEC Form N-PORT, July 31, 2026; BUSA, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | FDRR | BUSA |
|---|---|---|
| Cambridge Investment Research Advisors, Inc. | $12.0M | $688K |
| Commonwealth Equity Services, LLC | $9.4M | $896K |
| Osaic Holdings, Inc. | $7.7M | $75K |
| Morgan Stanley | $4.7M | $17K |
| Royal Bank of Canada | $123K | $4.4M |
| UBS Group AG | $4.1M | $135K |
| Kestra Advisory Services, LLC | $3.5M | $696K |
| JPMorgan Chase & Co | $3.8M | $171K |
| Goldman Sachs Group Inc. | $1.5M | $1.0M |
| Jane Street Group, LLC | $1.4M | $216K |
| Wedbush Securities Inc. | $214K | $252K |
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: FDRR institutional holders, BUSA institutional holders.
Frequently asked questions
How much do FDRR and BUSA overlap?
11.3% by weight, with 12 holdings in common, using holdings for FDRR as of July 31, 2026 and BUSA as of June 30, 2026. The largest shared position is UNH.
Do institutions hold both FDRR and BUSA?
11 Form 13F filers report positions in both, out of 128 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%.