IWR vs AVUV overlap
IWR and AVUV overlap 2.3% by weight, across 65 shared holdings.
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Top shared holdings
| Holding | IWR | AVUV | Overlap |
|---|---|---|---|
| Mueller INDSMLI | 0.10% | 0.07% | 0.07% |
| Ryder System Inc.R | 0.07% | 0.60% | 0.07% |
| Five BelowFIVE | 0.07% | 0.72% | 0.07% |
| Columbia BankingCOLB | 0.07% | 0.40% | 0.07% |
| VOYA Financial IVOYA | 0.06% | 0.06% | 0.06% |
| Sanmina Corp.SANM | 0.09% | 0.06% | 0.06% |
| Hanover InsurancTHG | 0.05% | 0.50% | 0.05% |
| Carmax Inc.KMX | 0.05% | 0.45% | 0.05% |
| Kirby Corp.KEX | 0.05% | 0.40% | 0.05% |
| Avnet Inc.AVT | 0.05% | 0.86% | 0.05% |
| AXIS CapitalAXS | 0.05% | 0.22% | 0.05% |
| Onemain HoldingsOMF | 0.05% | 0.23% | 0.05% |
| LEAR Corp.LEA | 0.05% | 0.89% | 0.05% |
| First American FFAF | 0.05% | 0.26% | 0.05% |
| NOV Inc.NOV | 0.05% | 0.58% | 0.05% |
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: IWR, SEC Form N-PORT, June 30, 2026; AVUV, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | IWR | AVUV |
|---|---|---|
| Jones Financial Companies LLLP | $10.9B | $65.8M |
| Bank of America Corp. | $7.6B | $431.6M |
| Wells Fargo & Company | $5.0B | $285.2M |
| Creative Planning | $103.3M | $2.7B |
| Morgan Stanley | $1.3B | $425.2M |
| PNC Financial Services Group, Inc. | $1.4B | $65.6M |
| US Bancorp | $1.4B | $1.1M |
| LPL Financial LLC | $411.5M | $981.2M |
| Baird Financial Group, Inc. | $1.2B | $28.9M |
| Bank of New York Mellon Corp | $1.2B | $760K |
| Northern Trust Corp. | $1.1B | $946K |
| UBS Group AG | $811.2M | $200.6M |
| Royal Bank of Canada | $895.3M | $114.5M |
| JPMorgan Chase & Co | $812.9M | $120.8M |
| Focus Partners Wealth | $58.2M | $818.8M |
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: IWR institutional holders, AVUV institutional holders.
Frequently asked questions
How much do IWR and AVUV overlap?
2.3% by weight, with 65 holdings in common, using holdings for IWR as of June 30, 2026 and AVUV as of May 31, 2026. The largest shared position is MLI.
Do institutions hold both IWR and AVUV?
552 Form 13F filers report positions in both, out of 2,177 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%.