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 MUHLENKAMP &

13F Portfolio OverlapQ1 2026MUHLENKAMP & portfolio →

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Most similar hedge funds by 13F overlap

MUHLENKAMP & CO INC is an institutional investor managing $380M across 29 U.S. equity positions as of Q1 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to MUHLENKAMP & are Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A., McAlvany Wealth, HATCH COVE ,, with shared positions in $AEM, $NEM, $EQX, $RGLD, $SLB, $EQT. The full ranking of 25 similar funds is below.

#1Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.Active

Notable overlap · 6 shared positions

$AEM $NEM $EQX $RGLD $SLB $EQT

$56M

38 positions

#2McAlvany Wealth Management LLCPassive

Notable overlap · 5 shared positions

$RGLD $AEM $EQT $NEM $EPD

$149M

42 positions

#3HATCH COVE CAPITAL, LLCActive

Notable overlap · 3 shared positions

$AEM $RGLD $EQX

$262M

19 positions

#4Gemsstock Ltd.Active

Notable overlap · 3 shared positions

$EQT $NEM $EQX

$949M

28 positions

#5Extract Advisors LLCActive

Notable overlap · 3 shared positions

$RGLD $AEM $NEM

$287M

32 positions

#6PINNBROOK CAPITAL MANAGEMENT LPActive

Notable overlap · 4 shared positions

$SLB $MTZ $WAB $GEV

$384M

45 positions

#7Parvin Asset Management, LLCPassive

Notable overlap · 4 shared positions

$NEM $AEM $RGLD $EQX

$139M

310 positions

#8Goehring & Rozencwajg Associates, LLCActive

Notable overlap · 3 shared positions

$SLB $EQT $EQX

$1.9B

43 positions

#9LONESTAR CAPITAL MANAGEMENT LLCSmart money

Notable overlap · 3 shared positions

$CE $EQT $LYB

$671M

32 positions

#10KEATING INVESTMENT COUNSELORS INCActive

Notable overlap · 3 shared positions

$AEM $SLB $NEM

$404M

59 positions

#11Ridge Creek Global, IncActive

Notable overlap · 3 shared positions

$NEM $AEM $MTZ

$118M

85 positions

#12WINMILL & CO. INCActive

Notable overlap · 5 shared positions

$NMIH $URI $AEM $NEM $RGLD

$347M

54 positions

#13MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INCPassive

Notable overlap · 4 shared positions

$NEM $EQT $SLB $EPD

$176M

81 positions

#14Regal Partners LtdActive

Notable overlap · 3 shared positions

$NEM $AEM $EQX

$1.8B

106 positions

#15SPROTT INC.Active

Notable overlap · 4 shared positions

$AEM $EQX $RGLD $NEM

$3.4B

243 positions

#16Blue Line Capital, LLC / ILPassive

Notable overlap · 4 shared positions

$MTZ $ALPS $URI $WAB

$88M

65 positions

#17VAN ECK ASSOCIATES CORPPassive

Some overlap · 4 shared positions

$AEM $NEM $EQX $RGLD

$133M

1,404 positions

#18Kercheville Advisors, LLCPassive

Some overlap · 3 shared positions

$AEM $GEV $EPD

$313M

106 positions

#19Carmignac GestionActive

Some overlap · 3 shared positions

$MCK $SLB $AEM

$6.5B

112 positions

#20SEMPER AUGUSTUS INVESTMENTS GROUP LLCActive

Some overlap · 3 shared positions

$NEM $TRV $GEV

$837M

44 positions

#21GREENHAVEN ASSOCIATES INCSmart money

Some overlap · 3 shared positions

$SLB $ICLR $TMHC

$6.1B

27 positions

#22Progeny 3, Inc.Active

Some overlap · 3 shared positions

$EQT $AEM $EPD

$1.9B

32 positions

#23Truffle Hound Capital, LLCActive

Some overlap · 3 shared positions

$SLB $ALPS $ICLR

$386M

51 positions

#24Cornerstone Investment Partners, LLCActive

Some overlap · 3 shared positions

$MCK $URI $TRV

$2.4B

291 positions

#25PKO Investment Management Joint-Stock CoPassive

Some overlap · 3 shared positions

$AEM $NEM $RGLD

$1.2B

220 positions

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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.