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 National Pension Service

13F Portfolio OverlapQ1 2026National Pension Service portfolio →

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Most similar hedge funds by 13F overlap

National Pension Service is an institutional investor managing $131.7B across 562 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 National Pension Service are PFA Pension, Forsikringsaktieselskab, Income Insurance Ltd, ING GROEP NV, with shared positions in $MU, $AMD, $LRCX, $BAC, $KO, $PLTR. The full ranking of 25 similar funds is below.

#1PFA Pension, ForsikringsaktieselskabActive

Some overlap · 11 shared positions

$MU $AMD $LRCX $BAC $KO $PLTR

$33.2B

381 positions

#2Income Insurance LtdPassive

Some overlap · 10 shared positions

$MU $PLTR $BAC $AMD $LRCX $KO

$147M

164 positions

#3ING GROEP NVPassive

Some overlap · 10 shared positions

$MU $PLTR $BAC $AMD $LRCX $GE

$16.4B

503 positions

#4Supplemental Annuity Collective Trust of NJPassive

Some overlap · 10 shared positions

$MU $PLTR $BAC $AMD $KO $GE

$355M

297 positions

#5ONEFUND, LLCPassive

Some overlap · 10 shared positions

$MU $PLTR $BAC $AMD $GE $KO

$155M

507 positions

#6HARTFORD INVESTMENT MANAGEMENT COActive

Some overlap · 10 shared positions

$MU $PLTR $BAC $AMD $GE $KO

$3.2B

495 positions

#7MUFG SECURITIES AMERICAS INC.Passive

Some overlap · 10 shared positions

$MU $BAC $PLTR $AMD $GE $KO

$1.6B

504 positions

#8Kentucky Retirement Systems Insurance Trust FundPassive

Some overlap · 10 shared positions

$MU $BAC $PLTR $AMD $GE $KO

$1.5B

492 positions

#9Czech National BankActive

Some overlap · 10 shared positions

$MU $PLTR $BAC $AMD $GE $KO

$15.2B

503 positions

#10DANSKE BANK A/SPassive

Some overlap · 10 shared positions

$MU $KO $LRCX $PLTR $AMD $GE

$41.5B

1,179 positions

#11VANGUARD CAPITAL MANAGEMENT LLCPassive

Some overlap · 11 shared positions

$MU $AMD $PLTR $BAC $GE $KO

$4.0T

3,982 positions

#12Invesco Ltd.Passive

Some overlap · 11 shared positions

$MU $LRCX $AMAT $AMD $PLTR $BAC

$653.3B

3,739 positions

#13BDF-GESTIONActive

Some overlap · 9 shared positions

$MU $PLTR $BAC $AMD $LRCX $KO

$749M

144 positions

#14GEODE CAPITAL MANAGEMENT, LLCPassive

Some overlap · 11 shared positions

$MU $PLTR $AMD $BAC $LRCX $AMAT

$1.6T

4,513 positions

#15AG2R LA MONDIALE GESTION D'ACTIFSActive

Some overlap · 9 shared positions

$MU $PLTR $BAC $AMD $KO $GE

$2.2B

353 positions

#16Utah Retirement SystemsActive

Some overlap · 10 shared positions

$MU $AMD $BAC $PLTR $KO $GE

$9.8B

974 positions

#17STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEMPassive

Some overlap · 10 shared positions

$MU $AMD $BAC $PLTR $GE $KO

$53.4B

2,063 positions

#18Swiss National BankPassive

Some overlap · 10 shared positions

$MU $PLTR $AMD $KO $GE $AMAT

$173.8B

2,301 positions

#19NEW YORK STATE COMMON RETIREMENT FUNDPassive

Some overlap · 10 shared positions

$MU $BAC $AMD $KO $PLTR $GE

$71.6B

3,132 positions

#20Arizona State Retirement SystemPassive

Some overlap · 10 shared positions

$MU $PLTR $BAC $AMD $KO $GE

$17.1B

2,051 positions

#21Korea Investment CORPActive

Some overlap · 10 shared positions

$MU $PLTR $GE $AMD $KO $WFC

$48.3B

688 positions

#22TEACHER RETIREMENT SYSTEM OF TEXASPassive

Some overlap · 10 shared positions

$PLTR $KO $GE $MU $LRCX $BAC

$24.0B

1,478 positions

#23Legal & General Group PlcPassive

Some overlap · 10 shared positions

$MU $LRCX $AMD $AMAT $BAC $PLTR

$432.4B

3,362 positions

#24Andra AP-fondenPassive

Some overlap · 9 shared positions

$MU $PLTR $AMD $KO $GE $BAC

$8.4B

396 positions

#25UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMEPassive

Some overlap · 9 shared positions

$MU $AMD $LRCX $KO $AMAT $BAC

$481.0B

3,807 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.