What hedge funds are most similar to Thomas J. Herzfeld Advisors, Inc.?

The funds with the most similar 13F portfolios to Thomas J. Herzfeld Advisors, Inc. are Closed-End Fund Advisors,, Saba ,, Matisse, 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 Thomas J. Herzfeld Advisors,

13F Portfolio OverlapQ1 2026Thomas J. Herzfeld Advisors, portfolio →

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Most similar hedge funds by 13F overlap

Thomas J. Herzfeld Advisors, Inc. is an institutional investor managing $294M across 115 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 Thomas J. Herzfeld Advisors, are Closed-End Fund Advisors,, Saba ,, Matisse, with shared positions in $BPRE, $SABA, $FSSL, $RA, $FSCO, $HFRO. The full ranking of 25 similar funds is below.

#1Closed-End Fund Advisors, Inc.Passive

Notable overlap · 14 shared positions

$BPRE $SABA $FSSL $RA $FSCO $HFRO

$98M

162 positions

#2Saba Capital Management, L.P.Passive

Notable overlap · 11 shared positions

$PDX $ASA $BPRE $HFRO $SPXX $MEGI

$3.6B

390 positions

#3Matisse CapitalPassive

Notable overlap · 9 shared positions

$FSCO $FSSL $BPRE $HFRO $TWN $JFR

$234M

164 positions

#4Noble Wealth Management PBCPassive

Notable overlap · 9 shared positions

$ASA $FSCO $BPRE $PAXS $RA $PTY

$223M

778 positions

#5Twelve Points Wealth Management LLCPassive

Notable overlap · 3 shared positions

$FSCO $ASA $SPXX

$455M

200 positions

#6PMG Family Office LLCPassive

Notable overlap · 6 shared positions

$AGQ $GOF $STK $SPXX $BSTZ $TBLD

$90M

100 positions

#7Almitas Capital LLCActive

Notable overlap · 7 shared positions

$ASA $PDX $FSSL $JFR $MEGI $SABA

$443M

115 positions

#8RIVERNORTH CAPITAL MANAGEMENT, LLCPassive

Notable overlap · 8 shared positions

$FSSL $PDX $SABA $GOF $FSCO $BRW

$2.0B

542 positions

#9North Ground CapitalActive

Notable overlap · 5 shared positions

$FSSL $FSCO $BRW $OXLC $HFRO

$83M

40 positions

#10BLUE BELL PRIVATE WEALTH MANAGEMENT, LLCActive

Some overlap · 9 shared positions

$ASA $BRW $GAM $STEW $BSTZ $CET

$696M

724 positions

#11Logan Stone Capital, LLCActive

Some overlap · 3 shared positions

$GOF $JFR $PTY

$360M

133 positions

#12CITY OF LONDON INVESTMENT MANAGEMENT CO LTDActive

Some overlap · 7 shared positions

$NML $KYN $TWN $SDHY $PDX $RA

$1.4B

94 positions

#13Navis Wealth Advisors, LLCPassive

Some overlap · 5 shared positions

$AGQ $BGR $PDI $PDX $KYN

$196M

175 positions

#14Shaker Financial Services, LLCPassive

Some overlap · 5 shared positions

$SABA $TWN $STK $SPXX $STEW

$287M

145 positions

#15Quantedge Capital Pte LtdActive

Some overlap · 7 shared positions

$KYN $ASA $BTX $STEW $TWN $BSTZ

$183M

51 positions

#16Significant Wealth Partners LLCPassive

Some overlap · 3 shared positions

$GOF $AGQ $PDI

$81M

111 positions

#171607 Capital Partners, LLCActive

Some overlap · 6 shared positions

$JFR $GAM $STEW $SDHY $CET $TWN

$1.4B

139 positions

#18Rareview Capital LLCActive

Some overlap · 3 shared positions

$RA $PDX $LDP

$171M

52 positions

#19Bulldog Investors, LLPPassive

Some overlap · 4 shared positions

$BPRE $GAM $STEW $CET

$445M

216 positions

#20Smith Asset Management Co., LLCPassive

Some overlap · 3 shared positions

$GOF $PTY $PDI

$117M

71 positions

#21VERUS CAPITAL PARTNERS, LLCActive

Some overlap · 3 shared positions

$GOF $PDI $AGQ

$1.5B

469 positions

#22Z3 Capital Partners, LLCPassive

Some overlap · 4 shared positions

$EMO $BTX $BSTZ $BGR

$395M

187 positions

#23GILL CAPITAL PARTNERS, LLCPassive

Slight overlap · 3 shared positions

$AGQ $PDI $JFR

$348M

701 positions

#24Elm3 Financial Group, LLCPassive

Slight overlap · 3 shared positions

$PTY $PDI $DPG

$118M

117 positions

#25ACCREDITED INVESTOR SERVICES, LLCSmart money

Slight overlap · 4 shared positions

$RA $MEGI $BTX $JFR

$156M

77 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.