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 Appaloosa

13F Portfolio OverlapQ1 2026Appaloosa portfolio →

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Most similar hedge funds by 13F overlap

Appaloosa LP is an institutional investor managing $5.9B across 31 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 Appaloosa are Tairen Ltd, UG Investment Advisers Ltd., Anther Ltd, with shared positions in $MU, $SNDK, $GLW, $BABA, $LRCX, $ASML. The full ranking of 25 similar funds is below.

#1Tairen Capital LtdActive

Substantial overlap · 7 shared positions

$MU $SNDK $GLW $BABA $LRCX $ASML

$924M

44 positions

#2UG Investment Advisers Ltd.Active

Notable overlap · 3 shared positions

$MU $BABA $JD

$148M

15 positions

#3Anther Capital LtdActive

Notable overlap · 5 shared positions

$MU $SNDK $GLW $LRCX $ASML

$3.8B

31 positions

#4DCF Advisers, LLCActive

Notable overlap · 7 shared positions

$MU $BABA $UBER $BIDU $AMD $LRCX

$375M

86 positions

#5Central Asset Investments & Management Holdings (HK) LtdActive

Notable overlap · 6 shared positions

$MU $SNDK $BABA $AMD $ASML $LRCX

$108M

24 positions

#6PARUS FINANCE (UK) LtdActive

Notable overlap · 7 shared positions

$BABA $MU $PDD $AMD $UNH $UBER

$334M

37 positions

#7RIPOSTE CAPITAL LLCActive

Notable overlap · 4 shared positions

$MU $UBER $GLW $LRCX

$392M

23 positions

#8AI-Squared Management LtdActive

Notable overlap · 5 shared positions

$MU $SNDK $BIDU $AMD $BABA

$137M

19 positions

#9Alden Global Capital LLCActive

Notable overlap · 4 shared positions

$UBER $VST $BABA $ET

$177M

14 positions

#10Kamunting Street Capital Management, L.P.Active

Notable overlap · 5 shared positions

$MU $BABA $VST $ET $UNH

$183M

28 positions

#11Trivest Advisors LtdSmart money

Notable overlap · 4 shared positions

$MU $GLW $LRCX $SNDK

$1.4B

29 positions

#12Oak Grove Capital LLCSmart money

Notable overlap · 5 shared positions

$MU $VST $AMD $LRCX $ET

$1.2B

92 positions

#13KCM Capital IncActive

Notable overlap · 3 shared positions

$MU $SNDK $ET

$622M

34 positions

#14Warther Private Wealth, LLCPassive

Notable overlap · 5 shared positions

$BABA $UBER $ASML $UNH $VST

$427M

40 positions

#15WT Asset Management LtdSmart money

Notable overlap · 5 shared positions

$MU $SNDK $GLW $ASML $BABA

$4.8B

32 positions

#16Step Capital Management Pte. Ltd.Active

Notable overlap · 3 shared positions

$MU $PDD $AMD

$249M

27 positions

#17Q Fund Management (Hong Kong) LtdSmart money

Notable overlap · 5 shared positions

$MU $SNDK $UNH $PDD $UBER

$107M

33 positions

#18SIH Partners, LLLPActive

Notable overlap · 7 shared positions

$BABA $SNDK $MU $AMD $JD $BIDU

$7.6B

291 positions

#19Parametrica Management LtdActive

Notable overlap · 3 shared positions

$MU $BABA $PDD

$88M

20 positions

#20Spartan Wealth Advisory Services LLCPassive

Notable overlap · 4 shared positions

$MU $SNDK $ASML $UNH

$1.1B

311 positions

#21Situational Awareness LPActive

Notable overlap · 5 shared positions

$MU $SNDK $AMD $ASML $GLW

$13.7B

42 positions

#22Evergreen Quality Fund GP, Ltd.Smart money

Notable overlap · 6 shared positions

$MU $SNDK $GLW $PDD $AMD $ASML

$4.4B

40 positions

#23MY.Alpha Management HK Advisors LtdActive

Notable overlap · 3 shared positions

$MU $BABA $SNDK

$246M

11 positions

#24Grand Alliance Asset Management LtdActive

Notable overlap · 4 shared positions

$MU $SNDK $GLW $LRCX

$165M

13 positions

#25Markin Volterra Fund LPActive

Notable overlap · 5 shared positions

$MU $SNDK $LRCX $ASML $AMD

$65M

34 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.