What hedge funds are most similar to K2 PRINCIPAL FUND, L.P.?

The funds with the most similar 13F portfolios to K2 PRINCIPAL FUND, L.P. are Context, ADVENT, WHITEBOX ADVISORS, based on overlapping conviction holdings in the latest SEC filings.

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 K2 PRINCIPAL FUND

13F Portfolio OverlapQ2 2026K2 PRINCIPAL FUND portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

K2 PRINCIPAL FUND, L.P. is an institutional investor managing $1.4B across 490 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 K2 PRINCIPAL FUND are Context, ADVENT, WHITEBOX ADVISORS, with shared positions in $MARA, $MSTR, $GME, $ARRY, $SEI, $CRNC. The full ranking of 25 similar funds is below.

#1Context Capital Management, LLCPassive

Notable overlap · 9 shared positions

$MARA $MSTR $GME $ARRY $SEI $CRNC

$5.1B

427 positions

#2ADVENT CAPITAL MANAGEMENT /DE/Passive

Notable overlap · 11 shared positions

$MSTR $GME $AKAM $UBER $SO $LYV

$4.5B

236 positions

#3WHITEBOX ADVISORS LLCPassive

Notable overlap · 8 shared positions

$MARA $MSTR $GME $UBER $UPST $COIN

$7.7B

667 positions

#4SHENKMAN CAPITAL MANAGEMENT INCActive

Notable overlap · 11 shared positions

$MSTR $GLNG $RBRK $TE $ETSY $UPST

$721M

80 positions

#5TENOR CAPITAL MANAGEMENT Co., L.P.Passive

Notable overlap · 9 shared positions

$ON $GME $AKAM $ETSY $RBRK $MSTR

$7.1B

549 positions

#6LINDEN ADVISORS LPPassive

Notable overlap · 8 shared positions

$MSTR $TE $SEI $RBRK $RUN $ON

$19.3B

638 positions

#7Ares Systematic Credit LtdPassive

Notable overlap · 8 shared positions

$TE $RBRK $AKAM $ETSY $CRNC $SO

$165M

242 positions

#8ABSOLUTE INVESTMENT ADVISERS, LLCPassive

Notable overlap · 7 shared positions

$TE $ON $AKAM $FRPT $ETSY $BOX

$1.0B

112 positions

#9Wellesley Asset ManagementPassive

Notable overlap · 8 shared positions

$ON $AKAM $DBX $SO $LYV $BOX

$1.1B

64 positions

#10SSI INVESTMENT MANAGEMENT LLCPassive

Notable overlap · 8 shared positions

$ON $AKAM $SEI $UBER $SO $LYV

$1.7B

248 positions

#11ARISTEIA CAPITAL, L.L.C.Active

Notable overlap · 5 shared positions

$MARA $MSTR $AKAM $UBER $COIN

$7.7B

788 positions

#12MACKAY SHIELDS LLCActive

Notable overlap · 7 shared positions

$ON $AKAM $FRPT $ETSY $UBER $LYV

$3.0B

108 positions

#13WOLVERINE ASSET MANAGEMENT LLCPassive

Some overlap · 6 shared positions

$MSTR $GME $RBRK $AKAM $UBER $ETSY

$11.4B

1,668 positions

#14Skaana Management L.P.Active

Some overlap · 7 shared positions

$AAUC $GME $ASTS $LCID $AKAM $TE

$465M

173 positions

#15CAMDEN ASSET MANAGEMENT L P /CAActive

Some overlap · 7 shared positions

$GLNG $AKAM $ETSY $UBER $SO $LYV

$3.4B

73 positions

#16Lombard Odier Asset Management (Europe) LtdPassive

Some overlap · 7 shared positions

$ON $AKAM $UBER $LYV $GME $ETSY

$2.3B

212 positions

#17Opti Capital Management, LPActive

Some overlap · 7 shared positions

$AKAM $FRPT $ETSY $SNAP $LYV $BOX

$1.6B

46 positions

#18Shaolin Capital Management LLCPassive

Some overlap · 5 shared positions

$MSTR $GME $GLNG $SO $BOX

$2.1B

554 positions

#19KIM, LLCActive

Some overlap · 8 shared positions

$AKAM $ETSY $UBER $ON $SNAP $FRPT

$1.0B

69 positions

#20Virtus Fixed Income Advisers, LLCActive

Some overlap · 6 shared positions

$SEI $RBRK $AKAM $MSTR $LYV $GME

$158M

85 positions

#21DeepCurrents Investment Group LLCPassive

Some overlap · 5 shared positions

$MSTR $ON $GME $ETSY $MARA

$3.3B

143 positions

#22SILVERBACK ASSET MANAGEMENT LLCActive

Some overlap · 6 shared positions

$ON $GLNG $AKAM $DBX $UBER $ASTS

$925M

64 positions

#23Bitwise Funds TrustActive

Some overlap · 5 shared positions

$MARA $MSTR $COIN $GME $SLV

$452M

46 positions

#24ZAZOVE ASSOCIATES LLCActive

Some overlap · 6 shared positions

$GLNG $FRPT $UBER $SO $ON $DDOG

$1.2B

151 positions

#25INCOME RESEARCH & MANAGEMENTPassive

Some overlap · 5 shared positions

$ON $AKAM $ETSY $UBER $SO

$184M

30 positions

Compare K2 PRINCIPAL FUND’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 K2 PRINCIPAL FUND’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.