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 GUARDIAN

13F Portfolio OverlapQ2 2026GUARDIAN portfolio →

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Most similar hedge funds by 13F overlap

GUARDIAN CAPITAL LP is an institutional investor managing $4.1B across 174 U.S. equity positions as of Q2 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to GUARDIAN are MUFG SECURITIES (CANADA), LTD., Scheer, Rowlett & Associates Investment Ltd., Addenda, with shared positions in $RY, $CNQ, $TD, $BN, $AEM, $BMO. The full ranking of 25 similar funds is below.

#1MUFG SECURITIES (CANADA), LTD.Active

Highly similar · 22 shared positions

$RY $CNQ $TD $BN $AEM $BMO

$3.7B

43 positions

#2Scheer, Rowlett & Associates Investment Management Ltd.Active

Substantial overlap · 15 shared positions

$RY $TD $BN $SU $BMO $CP

$1.4B

30 positions

#3Addenda Capital Inc.Active

Substantial overlap · 16 shared positions

$RY $TD $BN $CNQ $BMO $CP

$3.7B

128 positions

#4BANK OF NOVA SCOTIA TRUST COActive

Substantial overlap · 17 shared positions

$RY $TD $CNQ $BMO $BN $CP

$1.2B

173 positions

#5SIG North Trading, ULCActive

Substantial overlap · 18 shared positions

$RY $TD $BMO $AEM $CM $CNQ

$5.4B

286 positions

#6TD Waterhouse Canada Inc.Passive

Substantial overlap · 18 shared positions

$RY $TD $BMO $CM $CNQ $SU

$38.0B

2,405 positions

#7CIBC WORLD MARKET INC.Passive

Substantial overlap · 19 shared positions

$RY $TD $BMO $CM $CNQ $ENB

$62.3B

1,540 positions

#8LINCLUDEN MANAGEMENT LTDActive

Substantial overlap · 12 shared positions

$RY $TD $GIB $CNQ $SU $BN

$1.0B

68 positions

#9MACKENZIE FINANCIAL CORPPassive

Substantial overlap · 20 shared positions

$RY $TD $BMO $CP $AEM $CM

$101.2B

1,554 positions

#10Federation des caisses Desjardins du QuebecPassive

Substantial overlap · 17 shared positions

$RY $TD $BMO $SU $BN $ENB

$32.7B

3,021 positions

#11Murchinson Ltd.Passive

Substantial overlap · 16 shared positions

$RY $TD $SU $BMO $CP $CM

$725M

125 positions

#12Burkett Asset Management LtdPassive

Substantial overlap · 10 shared positions

$RY $CNQ $TD $BN $BMO $GIB

$107M

59 positions

#13CIBC Asset Management IncPassive

Substantial overlap · 18 shared positions

$RY $TD $BMO $CM $AEM $ENB

$45.6B

1,428 positions

#14SCOTIA CAPITAL INC.Active

Substantial overlap · 16 shared positions

$RY $TD $BMO $CM $BN $CNQ

$26.8B

915 positions

#15Guardian Partners Inc.Passive

Substantial overlap · 14 shared positions

$RY $TD $BMO $CM $BN $CNQ

$1.1B

391 positions

#16PCJ Investment Counsel Ltd.Passive

Substantial overlap · 15 shared positions

$RY $TD $BMO $BN $CM $CNQ

$348M

62 positions

#17INTACT INVESTMENT MANAGEMENT INC.Passive

Substantial overlap · 17 shared positions

$TD $RY $SU $BMO $CM $GIL

$3.5B

274 positions

#18Cardinal Capital Management, Inc.Active

Substantial overlap · 13 shared positions

$RY $BN $SU $BMO $CP $CM

$4.1B

70 positions

#19Delaney Capital Management Ltd.Active

Substantial overlap · 13 shared positions

$RY $CNQ $TD $GIB $BMO $CP

$632M

53 positions

#20Aviso Financial Inc.Passive

Substantial overlap · 14 shared positions

$CNQ $TD $BN $BMO $CP $CM

$2.9B

273 positions

#21PICTON MAHONEY ASSET MANAGEMENTPassive

Substantial overlap · 15 shared positions

$RY $TD $CP $BN $ENB $SHOP

$13.5B

1,378 positions

#22Tacita Capital IncPassive

Substantial overlap · 14 shared positions

$RY $TD $BN $CM $ENB $BMO

$184M

214 positions

#231832 Asset Management L.P.Smart money

Substantial overlap · 16 shared positions

$RY $TD $BN $BMO $ENB $SHOP

$199.4B

630 positions

#24Gold Investment Management Ltd.Passive

Substantial overlap · 15 shared positions

$TD $RY $CP $SU $CM $BN

$369M

202 positions

#25CIDEL ASSET MANAGEMENT INCPassive

Substantial overlap · 15 shared positions

$RY $TD $BMO $CM $QSR $MFC

$2.1B

480 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.