REGL vs FLQM overlap
REGL and FLQM overlap 4.9% by weight, across 16 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | REGL | FLQM | Overlap |
|---|---|---|---|
| DT MidstreamDTM | 1.69% | 0.52% | 0.52% |
| UNUM GroupUNM | 1.66% | 0.50% | 0.50% |
| Equity LifestyleELS | 1.49% | 0.46% | 0.46% |
| SEI InvestmentsSEIC | 1.66% | 0.38% | 0.38% |
| Donaldson Co Inc.DCI | 1.45% | 0.37% | 0.37% |
| TORO CoTTC | 1.49% | 0.35% | 0.35% |
| Old Repub IntlORI | 1.37% | 0.34% | 0.34% |
| Eastgroup PROPEGP | 1.57% | 0.32% | 0.32% |
| NATL Fuel Gas CoNFG | 1.41% | 0.26% | 0.26% |
| Commerce BcshsCBSH | 1.62% | 0.26% | 0.26% |
| Prosperity BncshPB | 1.56% | 0.26% | 0.26% |
| STAG IndustrialSTAG | 1.51% | 0.25% | 0.25% |
| Chemed Corp.CHE | 1.79% | 0.23% | 0.23% |
| Ingredion Inc.INGR | 1.41% | 0.19% | 0.19% |
| Sonoco ProductsSON | 1.35% | 0.09% | 0.09% |
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: REGL, SEC Form N-PORT, May 31, 2026; FLQM, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | REGL | FLQM |
|---|---|---|
| Morgan Stanley | $202.6M | $38.7M |
| LPL Financial LLC | $57.5M | $152.9M |
| Ameriprise Financial Inc. | $21.2M | $122.9M |
| Raymond James Financial Inc. | $59.7M | $61.1M |
| Northwestern Mutual Wealth Management Co | $57.9M | $44.6M |
| Cetera Investment Advisers | $5.6M | $79.9M |
| Bank of America Corp. | $46.4M | $34.1M |
| Larson Financial Group LLC | $77K | $60.2M |
| Royal Bank of Canada | $27.8M | $14.5M |
| HighTower Advisors, LLC | $2.1M | $36.2M |
| Wells Fargo & Company | $35.8M | $163K |
| Stifel Financial Corp. | $6.4M | $24.8M |
| Cambridge Investment Research Advisors, Inc. | $14.7M | $15.8M |
| &Partners | $23.3M | $6.0M |
| Envestnet Asset Management Inc. | $12.3M | $16.7M |
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: REGL institutional holders, FLQM institutional holders.
Frequently asked questions
How much do REGL and FLQM overlap?
4.9% by weight, with 16 holdings in common, using holdings for REGL as of May 31, 2026 and FLQM as of June 30, 2026. The largest shared position is DTM.
Do institutions hold both REGL and FLQM?
69 Form 13F filers report positions in both, out of 338 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%.