How is hedge fund similarity measured?

Similarity is computed from each fund's top conviction holdings in their latest 13F filing. Funds are scored by the overlap of distinctive shared positions (the mega-caps that nearly every fund owns are excluded), so the ranking reflects genuinely shared strategy rather than common index exposure.

Hedge Funds Similar to VIRGINIA RETIREMENT SYSTEMS ET Al

13F Portfolio OverlapQ4 2025VIRGINIA RETIREMENT SYSTEMS ET Al portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

VIRGINIA RETIREMENT SYSTEMS ET Al is an institutional investor managing $16.8B across 949 U.S. equity positions as of Q4 2025. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to VIRGINIA RETIREMENT SYSTEMS ET Al are United Super Pty Ltd in its capacity as Trustee for the Cons, MACQUARIE GROUP LTD, KEYNOTE FINANCIAL SERVICES, with shared positions in $GILD, $HCA, $BMY, $VZ, $ABT, $T. The full ranking of 25 similar funds is below.

#1United Super Pty Ltd in its capacity as Trustee for the ConsActive

Some overlap · 8 shared positions

$GILD $HCA $BMY $VZ $ABT $T

$5.3B

185 positions

#2MACQUARIE GROUP LTDActive

Some overlap · 8 shared positions

$GILD $BMY $MU $VZ $T $LRCX

$16.8B

813 positions

#3KEYNOTE FINANCIAL SERVICES LLCPassive

Some overlap · 7 shared positions

$GILD $BMY $VZ $MO $MU $ABT

$188M

174 positions

#4AFFINITY INVESTMENT ADVISORS, LLCPassive

Some overlap · 7 shared positions

$GILD $DG $VZ $MO $MU $T

$160M

137 positions

#5Donoghue Forlines LLCPassive

Some overlap · 7 shared positions

$GILD $BMY $VZ $MU $LRCX $CBOE

$361M

118 positions

#6WINNOW WEALTH LLCPassive

Some overlap · 7 shared positions

$GILD $VZ $MO $MU $CL $CBOE

$130M

123 positions

#7WORLDQUANT MILLENNIUM ADVISORS LLCPassive

Some overlap · 7 shared positions

$BMY $MU $T $CL $LRCX $DG

$25.9B

593 positions

#8Brandywine Global Investment Management, LLC

Some overlap · 7 shared positions

$DG $GILD $VZ $T $HCA $KR

$14.9B

601 positions

#9EDMP, INC.Passive

Some overlap · 7 shared positions

$BMY $VZ $MO $T $CTSH $EBAY

$124M

71 positions

#10Carolina Wealth Advisors, LLCPassive

Some overlap · 6 shared positions

$GILD $BMY $VZ $MO $CL $LRCX

$240M

278 positions

#11AustralianSuper Pty LtdActive

Some overlap · 6 shared positions

$GILD $MU $BMY $T $CL $LRCX

$19.2B

277 positions

#12PANAGORA ASSET MANAGEMENT INCPassive

Some overlap · 7 shared positions

$BMY $MU $GILD $LRCX $MO $GE

$26.7B

1,159 positions

#13NatWest Group plcActive

Some overlap · 7 shared positions

$GILD $CL $LRCX $KR $CBOE $GE

$462M

44 positions

#14Kovitz Investment Group Partners, LLCPassive

Some overlap · 7 shared positions

$BMY $MU $LRCX $DG $CBOE $CTSH

$4.3B

484 positions

#15NORDEA INVESTMENT MANAGEMENT ABActive

Some overlap · 7 shared positions

$GILD $HCA $LRCX $MU $VZ $EBAY

$107.2B

864 positions

#16Te Ahumairangi Investment Management LtdActive

Some overlap · 6 shared positions

$GILD $VZ $T $CL $KR $C

$597M

86 positions

#17MARTINGALE ASSET MANAGEMENT L PPassive

Some overlap · 6 shared positions

$BMY $VZ $MO $T $KR $GE

$4.0B

794 positions

#18Hudson Capital Management LLCPassive

Some overlap · 6 shared positions

$GILD $BMY $T $PCAR $CTSH $EBAY

$387M

75 positions

#19MCDONALD PARTNERS LLCPassive

Some overlap · 6 shared positions

$GILD $BMY $YUM $TXT $GE $C

$424M

208 positions

#20Genus Capital Management Inc.Passive

Some overlap · 5 shared positions

$GILD $HCA $VZ $MU $LRCX

$873M

189 positions

#21Brindle & Bay Financial Advisors, LLCPassive

Some overlap · 6 shared positions

$VZ $MO $GILD $CL $CBOE $FOX

$163M

67 positions

#22Nicholas Wealth, LLC.Passive

Some overlap · 5 shared positions

$GILD $BMY $VZ $MU $ABT

$145M

111 positions

#23Principal Street Partners, LLCPassive

Some overlap · 5 shared positions

$GILD $BMY $VZ $MO $T

$613M

247 positions

#24Oliver Luxxe Assets LLCPassive

Some overlap · 6 shared positions

$GILD $HCA $PCAR $GE $C $SPG

$668M

200 positions

#25Kepler Cheuvreux (Suisse) SAPassive

Some overlap · 6 shared positions

$GILD $MU $LRCX $GE $FOX $SPG

$1.5B

171 positions

Compare VIRGINIA RETIREMENT SYSTEMS ET Al’s portfolio side by side

See the exact shared positions, conviction overlap, sector alignment, and where these funds diverge — and run the same analysis on any of 8,700+ institutions.

View VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings

Similarity is derived from each fund’s latest 13F-HR filing with the SEC. Funds are ranked by the overlap of distinctive conviction holdings; near-universal mega-cap positions are excluded so the ranking reflects shared strategy, not common index exposure. Data is informational only and not investment advice.