REGL vs NUSC overlap
REGL and NUSC overlap 6.1% by weight, across 16 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (REGL: May 31, 2026, NUSC: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | REGL | NUSC | Overlap |
|---|---|---|---|
| RenaissancereRNR | 1.41% | 0.96% | 0.96% |
| Service Corp. INTSCI | 1.41% | 0.87% | 0.87% |
| Royal Gold Inc.RGLD | 1.39% | 0.54% | 0.54% |
| New Jersey RESNJR | 1.57% | 0.43% | 0.43% |
| One Gas Inc.OGS | 1.40% | 0.37% | 0.37% |
| Ryder System Inc.R | 1.71% | 0.36% | 0.36% |
| Ingredion Inc.INGR | 1.41% | 0.36% | 0.36% |
| Spire Inc.SR | 1.44% | 0.35% | 0.35% |
| GATX Corp.GATX | 1.33% | 0.35% | 0.35% |
| Eastgroup PROPEGP | 1.57% | 0.30% | 0.30% |
| UNUM GroupUNM | 1.66% | 0.28% | 0.28% |
| Littelfuse Inc.LFUS | 1.85% | 0.27% | 0.27% |
| Avient Corp.AVNT | 1.46% | 0.25% | 0.25% |
| Chemed Corp.CHE | 1.79% | 0.24% | 0.24% |
| Polaris Inc.PII | 1.80% | 0.11% | 0.11% |
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; NUSC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | REGL | NUSC |
|---|---|---|
| Morgan Stanley | $202.6M | $54.1M |
| Coldstream Capital Management Inc. | $177.3M | $4.9M |
| Bank of America Corp. | $46.4M | $101.5M |
| LPL Financial LLC | $57.5M | $43.7M |
| Mercer Global Advisors Inc. | $1.4M | $94.3M |
| Royal Bank of Canada | $27.8M | $55.1M |
| UBS Group AG | $24.3M | $54.6M |
| Raymond James Financial Inc. | $59.7M | $4.3M |
| Northwestern Mutual Wealth Management Co | $57.9M | $1.0M |
| Wells Fargo & Company | $35.8M | $11.3M |
| Ameriprise Financial Inc. | $21.2M | $7.9M |
| Baird Financial Group, Inc. | $27.6M | $315K |
| Modern Wealth Management, LLC | $23.8M | $1.7M |
| &Partners | $23.3M | $910K |
| Commonwealth Equity Services, LLC | $17.3M | $5.3M |
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: REGL institutional holders, NUSC institutional holders.
Frequently asked questions
How much do REGL and NUSC overlap?
6.1% by weight, with 16 holdings in common, using holdings for REGL as of May 31, 2026 and NUSC as of July 31, 2026. The largest shared position is RNR.
Do institutions hold both REGL and NUSC?
74 Form 13F filers report positions in both, out of 433 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%.