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 Covalis LLP

13F Portfolio OverlapQ1 2026Covalis LLP portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

Covalis Capital LLP is an institutional investor managing $1.6B across 123 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 Covalis LLP are Teilinger Ltd., Yaupon, Harrison Street Private Wealth, with shared positions in $PCG, $DTB, $XEL, $NRG, $PPL, $WMB. The full ranking of 25 similar funds is below.

#1Teilinger Capital Ltd.Active

Notable overlap · 5 shared positions

$PCG $DTB $XEL $NRG $PPL

$1.3B

15 positions

#2Yaupon Capital Management LPActive

Notable overlap · 10 shared positions

$DTB $WMB $TLN $EQT $TRGP $TRP

$3.2B

98 positions

#3Harrison Street Private Wealth LLCActive

Notable overlap · 6 shared positions

$PCG $WMB $XEL $TRGP $TRP $FE

$76M

21 positions

#4HITE Hedge Asset Management LLCPassive

Notable overlap · 9 shared positions

$DTB $XEL $WMB $FANG $VNOM $BKV

$1.8B

126 positions

#5REAVES W H & CO INCActive

Notable overlap · 9 shared positions

$WMB $XEL $TLN $OGE $EQT $NRG

$6.0B

90 positions

#6Energy Income Partners, LLCActive

Notable overlap · 9 shared positions

$WMB $OGE $DTB $XEL $TRGP $NFG

$6.2B

87 positions

#7Electron Capital Partners, LLCActive

Notable overlap · 6 shared positions

$PCG $WMB $XEL $MWH $NRG $FE

$2.6B

46 positions

#8RR Advisors, LLCActive

Notable overlap · 6 shared positions

$WMB $AR $AM $EQT $TRGP $VNOM

$360M

27 positions

#9Zimmer Partners, LPPassive

Notable overlap · 7 shared positions

$PCG $XEL $BKH $TRGP $BKV $VNOM

$4.1B

125 positions

#10Merewether Investment Management, LPActive

Notable overlap · 7 shared positions

$WMB $XEL $EQT $TRGP $FANG $BKV

$5.2B

79 positions

#11SCP Investment, LPPassive

Notable overlap · 6 shared positions

$PCG $XEL $FANG $EQT $VNOM $NRG

$90M

48 positions

#12CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENTActive

Notable overlap · 7 shared positions

$WMB $TLN $EQT $TRGP $TRP $NRG

$2.0B

66 positions

#13DUFF & PHELPS INVESTMENT MANAGEMENT COActive

Notable overlap · 7 shared positions

$XEL $WMB $DTB $TRGP $TRP $OGE

$9.6B

148 positions

#14Aventail Capital Group, LPPassive

Notable overlap · 9 shared positions

$TRGP $NFG $BKV $DTB $XEL $AR

$2.1B

170 positions

#15Corigliano Investment Advisers, LLCActive

Notable overlap · 5 shared positions

$WMB $AR $FANG $BKV $TRGP

$256M

37 positions

#16TORTOISE CAPITAL ADVISORS, L.L.C.Active

Notable overlap · 9 shared positions

$WMB $AM $TRGP $TRP $NRG $TLN

$9.6B

90 positions

#17Sourcerock Group LLCActive

Notable overlap · 7 shared positions

$AR $PCG $FANG $XEL $EQT $GNRC

$2.5B

41 positions

#18Barnett & Company, Inc.Passive

Some overlap · 5 shared positions

$WMB $BKH $AM $GNRC $NFG

$129M

88 positions

#19SIR Capital Management, L.P.Passive

Some overlap · 5 shared positions

$AR $XEL $TRGP $TRP $NRG

$1.1B

88 positions

#20VIKING FUND MANAGEMENT LLCPassive

Some overlap · 5 shared positions

$XEL $WMB $TRGP $TRP $FANG

$976M

142 positions

#21LONESTAR CAPITAL MANAGEMENT LLCSmart money

Some overlap · 4 shared positions

$PCG $TLN $EQT $NRG

$671M

32 positions

#22CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLCActive

Some overlap · 5 shared positions

$XEL $PCG $OGE $TRGP $PPL

$6.7B

96 positions

#23KAYNE ANDERSON CAPITAL ADVISORS LPActive

Some overlap · 8 shared positions

$WMB $AM $TRGP $TRP $NFG $NRG

$5.2B

48 positions

#24Greenfield Seitz Capital Management, LLCPassive

Some overlap · 3 shared positions

$ETN $AR $CMI

$332M

111 positions

#25Ripple Effect Asset Management LPSmart money

Some overlap · 4 shared positions

$WMB $AR $TLN $BKV

$679M

24 positions

Compare Covalis LLP’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 Covalis LLP’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.