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 Carnegie Investment Counsel

13F Portfolio OverlapQ1 2026Carnegie Investment Counsel portfolio →

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Most similar hedge funds by 13F overlap

Carnegie Investment Counsel is an institutional investor managing $5.1B across 559 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 Carnegie Investment Counsel are ARGENT, Talbot Financial,, TANDEM /ADV, with shared positions in $ETN, $AMAT, $PGR, $ORLY, $NEE, $AMGN. The full ranking of 25 similar funds is below.

#1ARGENT CAPITAL MANAGEMENT LLCActive

Some overlap · 7 shared positions

$ETN $AMAT $PGR $ORLY $NEE $AMGN

$3.2B

158 positions

#2Talbot Financial, LLCActive

Some overlap · 6 shared positions

$SCHW $SYK $AMAT $CB $AMGN $NOC

$1.2B

66 positions

#3TANDEM CAPITAL MANAGEMENT CORP /ADVPassive

Some overlap · 5 shared positions

$SCHW $SYK $ETN $AMAT $UBER

$200M

110 positions

#4JLB & ASSOCIATES INCPassive

Some overlap · 7 shared positions

$SYK $PGR $SHW $ORLY $AMGN $CASY

$696M

70 positions

#5DEARBORN PARTNERS LLCActive

Some overlap · 7 shared positions

$SYK $SHW $CME $NEE $VZ $CASY

$1.8B

269 positions

#6InTrack Investment Management IncPassive

Some overlap · 6 shared positions

$ETN $SYK $AMAT $CB $NEE $LOW

$175M

108 positions

#7Gs Investments, Inc.Passive

Some overlap · 6 shared positions

$SCHW $SYK $UBER $NEE $AMGN $ECL

$175M

134 positions

#8DB Fitzpatrick & Co, IncActive

Some overlap · 6 shared positions

$SYK $ETN $SHW $CB $AMGN $ECL

$117M

106 positions

#9Meiji Yasuda America IncActive

Some overlap · 7 shared positions

$CB $PGR $AMAT $ORLY $UBER $NEE

$404M

57 positions

#10Perkins Coie Trust CoPassive

Some overlap · 6 shared positions

$ETN $SCHW $SHW $CB $SYK $ECL

$520M

257 positions

#11Winthrop Partners - WNY, LLCPassive

Some overlap · 7 shared positions

$ETN $CB $CME $VZ $ZTS $SCHW

$188M

87 positions

#12FourThought Financial Partners, LLCPassive

Some overlap · 7 shared positions

$AMAT $CB $CME $NEE $AMGN $LOW

$1.2B

384 positions

#13BEARING POINT CAPITAL, LLCPassive

Some overlap · 6 shared positions

$ETN $SYK $CB $CME $ECL $NOC

$638M

166 positions

#14Callahan Advisors, LLCPassive

Some overlap · 6 shared positions

$SYK $AMAT $CB $NEE $ETN $LOW

$1.2B

177 positions

#15Vantage Investment Partners, LLCActive

Some overlap · 7 shared positions

$ETN $ORLY $UBER $NEE $ZTS $LOW

$1.4B

64 positions

#16Left Brain Wealth Management, LLCPassive

Some overlap · 6 shared positions

$PGR $CB $AMAT $CME $ORLY $UBER

$255M

79 positions

#17Phoenix Wealth AdvisorsActive

Some overlap · 6 shared positions

$ETN $CB $CME $NEE $VZ $ZTS

$253M

126 positions

#18McGuire Investment Group, LLCActive

Some overlap · 5 shared positions

$SYK $SCHW $AMAT $CME $AMGN

$885M

121 positions

#19AVITY INVESTMENT MANAGEMENT INC.Active

Some overlap · 6 shared positions

$ETN $AMAT $UBER $NEE $AMGN $ECL

$1.4B

114 positions

#20Clear Trail Advisors, LLCPassive

Some overlap · 6 shared positions

$ETN $CB $CME $NEE $VZ $AMGN

$601M

149 positions

#21Red Spruce Capital, LLCPassive

Some overlap · 5 shared positions

$SCHW $ETN $AMAT $VZ $NOC

$244M

94 positions

#22Hixon Zuercher, LLCPassive

Some overlap · 5 shared positions

$SYK $SCHW $PGR $NEE $LOW

$321M

85 positions

#23Notis-McConarty EdwardActive

Some overlap · 6 shared positions

$SCHW $AMAT $UBER $NEE $LOW $AMGN

$219M

68 positions

#24Wilson & Boucher Capital Management, LLCPassive

Some overlap · 5 shared positions

$SYK $SCHW $AMAT $NEE $AMGN

$151M

114 positions

#25RENAISSANCE GROUP LLCPassive

Some overlap · 6 shared positions

$SCHW $AMAT $UBER $ZTS $AMGN $LOW

$2.4B

234 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.