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 NINE MASTS Ltd

13F Portfolio OverlapQ2 2026NINE MASTS Ltd portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

NINE MASTS CAPITAL Ltd is an institutional investor managing $995M across 170 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 NINE MASTS Ltd are AQR Arbitrage, ALPINE ASSOCIATES, TIG Advisors, with shared positions in $WBD, $SLAB, $KVUE, $EA, $NSC, $SMCI. The full ranking of 25 similar funds is below.

#1AQR Arbitrage LLCPassive

Notable overlap · 19 shared positions

$WBD $SLAB $KVUE $EA $NSC $SMCI

$7.0B

634 positions

#2ALPINE ASSOCIATES MANAGEMENT INC.Active

Notable overlap · 18 shared positions

$WBD $SLAB $KVUE $EA $NSC $QRVO

$1.6B

66 positions

#3TIG Advisors, LLCActive

Notable overlap · 15 shared positions

$WBD $SLAB $KVUE $EA $NSC $QRVO

$2.3B

109 positions

#4Mint Tower Capital Management B.V.Active

Notable overlap · 8 shared positions

$BABA $WBS $TXNM $PEN $GTLS $NSC

$871M

346 positions

#5Kintayl Capital LPPassive

Notable overlap · 17 shared positions

$SLAB $KVUE $EA $NSC $QRVO $WBD

$252M

61 positions

#6GABELLI & Co INVESTMENT ADVISERS, INC.Passive

Notable overlap · 14 shared positions

$WBD $KVUE $EA $NSC $SLAB $ROKU

$688M

316 positions

#7HBK INVESTMENTS L PActive

Notable overlap · 13 shared positions

$WBD $SLAB $KVUE $EA $NSC $ROKU

$10.2B

276 positions

#8WATER ISLAND CAPITAL LLCActive

Notable overlap · 14 shared positions

$WBD $SLAB $EA $NSC $ROKU $WBS

$1.1B

85 positions

#9Mirabaud Asset Management (France) SASActive

Notable overlap · 3 shared positions

$BABA $AKAM $IRTC

$222M

28 positions

#10UG Investment Advisers Ltd.Active

Notable overlap · 3 shared positions

$BABA $SMCI $JD

$103M

10 positions

#11Kryger Capital LLCActive

Notable overlap · 10 shared positions

$WBD $SLAB $KVUE $EA $NSC $ROKU

$1.8B

109 positions

#12Westchester Capital Management, LLCPassive

Notable overlap · 13 shared positions

$WBD $EA $NSC $QRVO $ROKU $KVUE

$2.0B

310 positions

#13Birnam Oak Advisors, LPActive

Notable overlap · 11 shared positions

$WBD $KVUE $NSC $EA $QRVO $ROKU

$616M

40 positions

#14XY Capital LtdActive

Notable overlap · 3 shared positions

$HDB $NIO $NSC

$104M

72 positions

#15CREDIT INDUSTRIEL ET COMMERCIALPassive

Notable overlap · 14 shared positions

$WBD $KVUE $FOX $SMCI $WBS $ROKU

$1.6B

338 positions

#16Athos Capital LtdActive

Notable overlap · 11 shared positions

$WBD $KVUE $NSC $QRVO $ROKU $WBS

$282M

38 positions

#17HIGHBRIDGE CAPITAL MANAGEMENT LLCPassive

Notable overlap · 10 shared positions

$BABA $KVUE $EA $SMCI $WBD $NIO

$4.1B

433 positions

#18HELIOS CAPITAL MANAGEMENT PTE. LTDActive

Notable overlap · 3 shared positions

$HDB $BABA $NDAQ

$102M

26 positions

#19Pentwater Capital Management LPActive

Notable overlap · 8 shared positions

$WBD $KVUE $EA $NSC $SLAB $ROKU

$16.4B

90 positions

#20P SCHOENFELD ASSET MANAGEMENT LPActive

Notable overlap · 10 shared positions

$WBD $KVUE $EA $NSC $ROKU $PEN

$244M

34 positions

#21Ovata Capital Management LtdActive

Notable overlap · 6 shared positions

$HDB $BABA $AKAM $ASX $WBD $DBRG

$1.3B

43 positions

#22WOLVERINE ASSET MANAGEMENT LLCPassive

Notable overlap · 7 shared positions

$BABA $SMCI $AKAM $NIO $JD $IRTC

$11.4B

1,668 positions

#23Quarry LPActive

Notable overlap · 11 shared positions

$WBD $KVUE $NSC $ROKU $QRVO $PEN

$1.2B

2,372 positions

#24HARVEST MANAGEMENT LLCActive

Notable overlap · 10 shared positions

$WBD $EA $NSC $WBS $PEN $GTLS

$254M

64 positions

#25MARINER INVESTMENT GROUP LLCActive

Notable overlap · 3 shared positions

$BABA $AKAM $BHF

$514M

124 positions

Compare NINE MASTS Ltd’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 NINE MASTS Ltd’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.