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 JNBA Financial Advisors

13F Portfolio OverlapQ1 2026JNBA Financial Advisors portfolio →

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Most similar hedge funds by 13F overlap

JNBA Financial Advisors is an institutional investor managing $1.2B across 819 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 JNBA Financial Advisors are Archer Investment ,, EHRLICH FINANCIAL GROUP, Brio Consultants,, with shared positions in $GMM, $IAU, $NOW, $WT, $DDOG, $MKL. The full ranking of 25 similar funds is below.

#1Archer Investment Management, LLCPassive

Notable overlap · 11 shared positions

$GMM $IAU $NOW $WT $DDOG $MKL

$238M

108 positions

#2EHRLICH FINANCIAL GROUPPassive

Some overlap · 3 shared positions

$GMM $HUM $IAU

$174M

112 positions

#3Brio Consultants, LLCActive

Some overlap · 5 shared positions

$GMM $HUM $NOW $SCHW $DDOG

$818M

152 positions

#4Hobart Private Capital, LLCPassive

Some overlap · 9 shared positions

$GMM $NOW $WT $COP $MAR $HUM

$509M

132 positions

#5Farrell Financial LLCPassive

Some overlap · 10 shared positions

$HUM $IAU $NOW $WT $DDOG $MKL

$167M

76 positions

#6MA Private WealthActive

Some overlap · 5 shared positions

$GMM $IAU $NOW $HUM $MUFG

$591M

86 positions

#7Values Added Financial LLCPassive

Some overlap · 5 shared positions

$GMM $NOW $DDOG $MKL $HUM

$238M

134 positions

#8Approach Retirement Advisors, LLCActive

Some overlap · 3 shared positions

$AFL $HUM $IAU

$120M

79 positions

#9ONE Advisory Partners, LLCActive

Some overlap · 5 shared positions

$GMM $IAU $AMAT $DDOG $HUM

$324M

72 positions

#10McNamara Financial Services, Inc.Smart money

Some overlap · 5 shared positions

$GMM $HUM $DDOG $WT $SCHW

$528M

99 positions

#11Schwallier Wealth Management LLCActive

Some overlap · 4 shared positions

$GMM $HUM $WT $DDOG

$137M

58 positions

#12Detalus Advisors, LLCActive

Some overlap · 5 shared positions

$GMM $HUM $GLDM $DDOG $USB

$438M

186 positions

#13Brightwater Advisory LLCActive

Some overlap · 4 shared positions

$AFL $HUM $WT $MKL

$151M

60 positions

#14My Portfolio Guide, LLCActive

Some overlap · 5 shared positions

$GMM $GLDM $MKL $COP $USB

$181M

166 positions

#15Marathon Strategic Advisors, LLCActive

Some overlap · 5 shared positions

$GMM $WT $COP $INTC $SCHW

$139M

52 positions

#16Xena Financial Planning, LLCActive

Some overlap · 4 shared positions

$GMM $NOW $DDOG $MUFG

$89M

33 positions

#17Midwest Capital Advisors, LLCActive

Some overlap · 3 shared positions

$GMM $IAU $WT

$214M

199 positions

#18CHATHAM CAPITAL GROUP, INC.Passive

Some overlap · 7 shared positions

$HUM $IAU $GLDM $AMAT $MKL $MAR

$689M

198 positions

#19Cobblestone Asset Management LLCPassive

Some overlap · 3 shared positions

$GMM $IAU $INTC

$222M

73 positions

#20Millington Financial Advisors, LLCPassive

Some overlap · 5 shared positions

$GMM $WT $MDT $HUM $MCD

$237M

119 positions

#21Walsh & Associates, LLCPassive

Some overlap · 3 shared positions

$GMM $HUM $GGG

$101M

287 positions

#22Fullerton Advisors, LLCActive

Some overlap · 6 shared positions

$HUM $GMM $MKL $COP $USB $SCHW

$97M

53 positions

#23LPWM LLCActive

Some overlap · 5 shared positions

$GMM $DDOG $MAR $SCHW $MKL

$396M

94 positions

#24White Lighthouse Investment Management Inc.Active

Some overlap · 9 shared positions

$HUM $IAU $COP $MAR $NOW $MKL

$721M

145 positions

#25Hurlow Wealth Management Group, Inc.Active

Some overlap · 8 shared positions

$HUM $IAU $DDOG $COP $AFL $USB

$420M

120 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.