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 Retirement Systems of Alabama

13F Portfolio OverlapQ1 2026Retirement Systems of Alabama portfolio →

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Most similar hedge funds by 13F overlap

Retirement Systems of Alabama is an institutional investor managing $30.0B across 947 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 Retirement Systems of Alabama are New Age Alpha Advisors,, PBU - The Pension Fund of Early Childhood & Youth Educators, S-Bank Fund Ltd, with shared positions in $COP, $MU, $GE, $BAC, $PLD, $EQIX. The full ranking of 25 similar funds is below.

#1New Age Alpha Advisors, LLCPassive

Some overlap · 9 shared positions

$COP $MU $GE $BAC $PLD $EQIX

$2.1B

766 positions

#2PBU - The Pension Fund of Early Childhood & Youth EducatorsActive

Some overlap · 8 shared positions

$BAC $IBM $AMAT $GE $MU $KO

$7.7B

190 positions

#3S-Bank Fund Management LtdActive

Some overlap · 8 shared positions

$BAC $AMAT $MU $PLD $EQIX $KO

$671M

178 positions

#4National Pension ServiceActive

Some overlap · 8 shared positions

$BAC $AMAT $GE $MU $KO $PM

$131.7B

562 positions

#5Knights of Columbus Asset Advisors LLCPassive

Some overlap · 8 shared positions

$BAC $IBM $COP $PLD $EQIX $WFC

$1.8B

397 positions

#6Massachusetts Wealth ManagementPassive

Some overlap · 8 shared positions

$BAC $COP $GE $MU $KO $WFC

$231M

98 positions

#7Slagle Financial, LLCPassive

Some overlap · 8 shared positions

$BAC $IBM $PLD $KO $PM $WFC

$303M

121 positions

#8NEW YORK STATE COMMON RETIREMENT FUNDPassive

Some overlap · 8 shared positions

$BAC $MU $GE $KO $WFC $AMAT

$71.6B

3,132 positions

#9TEACHER RETIREMENT SYSTEM OF TEXASPassive

Some overlap · 8 shared positions

$GE $MU $BAC $KO $WFC $AMAT

$24.0B

1,478 positions

#10abrdn plcActive

Some overlap · 8 shared positions

$GE $BAC $MU $KO $IBM $EQIX

$61.9B

931 positions

#11Bank Julius Baer & Co. Ltd, ZurichActive

Some overlap · 7 shared positions

$BAC $IBM $AMAT $COP $GE $KO

$33.2B

678 positions

#12Legal & General Group PlcPassive

Some overlap · 8 shared positions

$AMAT $BAC $MU $KO $GE $IBM

$432.4B

3,362 positions

#13Income Insurance LtdPassive

Some overlap · 7 shared positions

$BAC $AMAT $GE $MU $KO $PM

$147M

164 positions

#14PROSPERITY BANCSHARES INCPassive

Some overlap · 7 shared positions

$BAC $IBM $COP $MU $KO $PM

$125M

414 positions

#15Wynn Capital, LLCPassive

Some overlap · 7 shared positions

$BAC $IBM $AMAT $GE $KO $WFC

$195M

107 positions

#16BDF-GESTIONActive

Some overlap · 7 shared positions

$BAC $IBM $AMAT $MU $KO $CRM

$749M

144 positions

#17Supplemental Annuity Collective Trust of NJPassive

Some overlap · 7 shared positions

$BAC $AMAT $GE $MU $KO $PM

$355M

297 positions

#18Ensign Peak Advisors, IncActive

Some overlap · 7 shared positions

$BAC $AMAT $GE $MU $COP $WFC

$53.7B

1,708 positions

#19HARTFORD INVESTMENT MANAGEMENT COActive

Some overlap · 7 shared positions

$BAC $GE $MU $AMAT $KO $PM

$3.2B

495 positions

#20Kentucky Retirement Systems Insurance Trust FundPassive

Some overlap · 7 shared positions

$BAC $GE $MU $AMAT $KO $PM

$1.5B

492 positions

#21Hudson Canyon Capital ManagementPassive

Some overlap · 7 shared positions

$BAC $AMAT $COP $GE $KO $MS

$163M

52 positions

#22MUFG SECURITIES AMERICAS INC.Passive

Some overlap · 7 shared positions

$BAC $GE $MU $AMAT $KO $PM

$1.6B

504 positions

#23Czech National BankActive

Some overlap · 7 shared positions

$BAC $GE $MU $AMAT $KO $PM

$15.2B

503 positions

#24ONEFUND, LLCPassive

Some overlap · 7 shared positions

$BAC $GE $MU $AMAT $KO $WFC

$155M

507 positions

#25West Branch Capital LLCPassive

Some overlap · 7 shared positions

$BAC $GE $MU $AMAT $KO $IBM

$373M

378 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.