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 SFE Investment Counsel

13F Portfolio OverlapQ1 2026SFE Investment Counsel portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

SFE Investment Counsel is an institutional investor managing $635M across 143 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 SFE Investment Counsel are SGL Investment Advisors,, MCRAE, ASSOCIATES /NY/, with shared positions in $PANW, $CMI, $USB, $IBM, $LHX, $ETN. The full ranking of 25 similar funds is below.

#1SGL Investment Advisors, Inc.Passive

Notable overlap · 8 shared positions

$PANW $CMI $USB $IBM $LHX $ETN

$266M

126 positions

#2MCRAE CAPITAL MANAGEMENT INCActive

Notable overlap · 8 shared positions

$LOW $PWR $LH $URI $WSM $PANW

$482M

106 positions

#3CAPITAL MANAGEMENT ASSOCIATES /NY/Passive

Notable overlap · 6 shared positions

$PANW $USB $PWR $NEE $IBM $AMAT

$60M

36 positions

#4Allen Mooney & Barnes Investment Advisors LLCPassive

Notable overlap · 7 shared positions

$LOW $CMI $IBM $PFH $LHX $AMAT

$695M

159 positions

#5Bouvel Investment Partners, LLCPassive

Notable overlap · 8 shared positions

$PANW $IBM $OKE $PWR $ETN $FSLR

$345M

78 positions

#6Mirova US LLCActive

Notable overlap · 5 shared positions

$NEE $PANW $LOW $FSLR $DHR

$8.8B

42 positions

#7DIVIDEND ASSETS CAPITAL, LLCPassive

Notable overlap · 5 shared positions

$NEE $OKE $LOW $LHX $WSM

$501M

138 positions

#8Mendel Money ManagementPassive

Notable overlap · 6 shared positions

$PANW $LOW $PWR $IBM $DHR $MRVL

$239M

137 positions

#9CONSCIOUS WEALTH INVESTMENTS, LLCPassive

Notable overlap · 6 shared positions

$PANW $USB $NEE $ETN $AMAT $AMD

$180M

58 positions

#10WD RUTHERFORD LLCPassive

Notable overlap · 7 shared positions

$PANW $CMI $NEE $URI $AMD $USB

$225M

71 positions

#11Loudon Investment Management, LLCPassive

Notable overlap · 5 shared positions

$LOW $NEE $CMI $USB $ABT

$186M

95 positions

#12Catherine Avery Investment Management LLCPassive

Notable overlap · 5 shared positions

$OKE $NEE $IBM $LHX $CMI

$223M

109 positions

#13First Long Island Investors, LLCActive

Notable overlap · 6 shared positions

$LOW $ABT $NEE $USB $WSM $ETN

$1.2B

70 positions

#14Applied Finance Capital Management, LLCPassive

Notable overlap · 6 shared positions

$LOW $PWR $CMI $IBM $URI $AMAT

$1.3B

218 positions

#15Alpha Cubed Investments, LLC

Notable overlap · 5 shared positions

$NEE $PANW $PWR $AMD $ETN

$2.9B

299 positions

#16Beech Hill Advisors, Inc.Passive

Notable overlap · 6 shared positions

$NEE $FSLR $IBM $ETN $AMAT $AMD

$200M

94 positions

#17Andrew Hill Investment Advisors, Inc.Passive

Notable overlap · 5 shared positions

$NEE $OKE $IBM $AMD $HASI

$112M

54 positions

#18AVITY INVESTMENT MANAGEMENT INC.Active

Notable overlap · 5 shared positions

$NEE $PANW $ETN $AMAT $IBM

$1.4B

114 positions

#19S.E.E.D. Planning Group LLCPassive

Notable overlap · 5 shared positions

$NEE $LOW $USB $AMAT $IBM

$344M

89 positions

#20InTrack Investment Management IncPassive

Notable overlap · 6 shared positions

$PANW $NEE $ETN $DHR $AMAT $LOW

$175M

108 positions

#21PIONEER TRUST BANK N A/ORPassive

Notable overlap · 6 shared positions

$NEE $LOW $ABT $DHR $HON $ETN

$412M

83 positions

#22Rithm Capital Corp.Active

Some overlap · 5 shared positions

$NEE $PWR $FSLR $OKE $ETN

$67M

38 positions

#23Norway Savings BankPassive

Some overlap · 6 shared positions

$PANW $ABT $LOW $NEE $AMD $HON

$211M

103 positions

#24Hamilton Point Investment Advisors, LLCPassive

Some overlap · 6 shared positions

$CMI $NEE $ETN $DHR $WSM $IBM

$649M

186 positions

#25PENINSULA ASSET MANAGEMENT INCPassive

Some overlap · 4 shared positions

$NEE $LOW $IBM $ABT

$196M

53 positions

Compare SFE Investment Counsel’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 SFE Investment Counsel’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.