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 TORTOISE ADVISORS, L.L.C.

13F Portfolio OverlapQ1 2026TORTOISE ADVISORS, L.L.C. portfolio →

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Most similar hedge funds by 13F overlap

TORTOISE CAPITAL ADVISORS, L.L.C. is an institutional investor managing $9.6B across 90 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 TORTOISE ADVISORS, L.L.C. are KAYNE ANDERSON ADVISORS, CUSHING ASSET , dba NXG INVESTMENT, Fractal Investments, with shared positions in $WMB, $ET, $LNG, $MPLX, $EPD, $OKE. The full ranking of 25 similar funds is below.

#1KAYNE ANDERSON CAPITAL ADVISORS LPActive

Highly similar · 27 shared positions

$WMB $ET $LNG $MPLX $EPD $OKE

$5.2B

48 positions

#2CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENTActive

Highly similar · 23 shared positions

$TRGP $ET $WMB $MPLX $OKE $DTM

$2.0B

66 positions

#3Fractal Investments LLCActive

Highly similar · 18 shared positions

$ET $MPLX $WMB $EPD $TRP $TRGP

$845M

81 positions

#4SL ADVISORS, LLCActive

Highly similar · 15 shared positions

$WMB $TRGP $ET $LNG $OKE $EPD

$59M

32 positions

#5Heronetta Management, L.P.Active

Highly similar · 16 shared positions

$WMB $ET $MPLX $EPD $OKE $WES

$110M

16 positions

#6Recurrent Investment Advisors LLCActive

Highly similar · 15 shared positions

$TRGP $ET $OKE $LNG $EPD $WMB

$1.7B

67 positions

#7RR Advisors, LLCActive

Highly similar · 14 shared positions

$WMB $LNG $ET $EPD $TRGP $MPLX

$360M

27 positions

#8INFRASTRUCTURE CAPITAL ADVISORS, LLCActive

Highly similar · 15 shared positions

$ET $MPLX $EPD $WES $PAA $TRGP

$1.4B

149 positions

#9Energy Income Partners, LLCActive

Substantial overlap · 22 shared positions

$ET $EPD $MPLX $PAGP $KMI $OKE

$6.2B

87 positions

#10Blackstone Inc.Active

Substantial overlap · 18 shared positions

$WMB $MPLX $TRGP $EPD $ENB $KMI

$25.6B

417 positions

#11EAGLE GLOBAL ADVISORS LLCActive

Substantial overlap · 15 shared positions

$TRGP $EPD $ET $MPLX $DTM $WMB

$2.8B

276 positions

#12WALNUT PRIVATE EQUITY PARTNERS, LLCSmart money

Substantial overlap · 7 shared positions

$WMB $ET $MPLX $EPD $PAA $PAGP

$181M

14 positions

#13ELCO Management Co., LLCPassive

Substantial overlap · 10 shared positions

$WMB $LNG $TRGP $ET $MPLX $PAA

$208M

170 positions

#14ALPS ADVISORS INCActive

Substantial overlap · 10 shared positions

$ET $MPLX $EPD $WES $PAA $HESM

$21.3B

1,037 positions

#15LONGFELLOW INVESTMENT MANAGEMENT CO LLCPassive

Substantial overlap · 7 shared positions

$ET $MPLX $EPD $WES $PAA $HESM

$480M

243 positions

#16MILLER HOWARD INVESTMENTS INC /NYActive

Substantial overlap · 14 shared positions

$MPLX $EPD $ET $TRP $WES $ENB

$3.7B

138 positions

#17Harrison Street Private Wealth LLCActive

Substantial overlap · 8 shared positions

$WMB $TRGP $TRP $LNG $SRE $ETR

$76M

21 positions

#18BERKLEY W R CORPActive

Substantial overlap · 5 shared positions

$ET $EPD $WES $KMI $PAA

$1.9B

345 positions

#19Ausbil Investment Management LtdPassive

Notable overlap · 9 shared positions

$WMB $LNG $ENB $OKE $DTM $CEG

$201M

63 positions

#20WESTWOOD HOLDINGS GROUP INCPassive

Notable overlap · 13 shared positions

$WMB $ET $KMI $LNG $EPD $ENB

$13.7B

461 positions

#21Sovereign Investment Advisors, LLCActive

Notable overlap · 7 shared positions

$MPLX $EPD $WES $PAA $OKE $TRP

$472M

106 positions

#22SPIRIT OF AMERICA MANAGEMENT CORP/NYPassive

Notable overlap · 16 shared positions

$WMB $TRGP $LNG $KMI $ENB $CEG

$507M

306 positions

#23Maryland State Retirement & Pension SystemPassive

Notable overlap · 12 shared positions

$ENB $TRP $WMB $KMI $LNG $SRE

$4.9B

1,352 positions

#24Pinnacle Holdings, LLCPassive

Notable overlap · 11 shared positions

$AM $WMB $TRGP $OKE $MPLX $PAGP

$309M

233 positions

#25BASSO CAPITAL MANAGEMENT, L.P.Active

Notable overlap · 12 shared positions

$MPLX $ET $EPD $OKE $WMB $WES

$163M

137 positions

Compare TORTOISE ADVISORS, L.L.C.’s portfolio side by side

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View TORTOISE ADVISORS, L.L.C.’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.