What hedge funds are most similar to Ikarian Capital, LLC?

The funds with the most similar 13F portfolios to Ikarian Capital, LLC are Boxer ,, KVP Advisors,, Jones Hill, based on overlapping conviction holdings in the latest SEC filings.

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 Ikarian ,

13F Portfolio OverlapQ1 2026Ikarian , portfolio →

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Most similar hedge funds by 13F overlap

Ikarian Capital, LLC is an institutional investor managing $1.2B across 161 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 Ikarian , are Boxer ,, KVP Advisors,, Jones Hill, with shared positions in $KOD, $TERN, $PCVX, $CAPR, $RVMD, $PRAX. The full ranking of 25 similar funds is below.

#1Boxer Capital Management, LLCSmart money

Substantial overlap · 12 shared positions

$KOD $TERN $PCVX $CAPR $RVMD $PRAX

$762M

54 positions

#2KVP Capital Advisors, LPActive

Substantial overlap · 7 shared positions

$TERN $PRAX $RVMD $DRUG $SLNO $ZURA

$134M

32 positions

#3Jones Hill Capital LPActive

Substantial overlap · 10 shared positions

$TERN $PCVX $CAPR $ANIP $ORKA $RARE

$466M

26 positions

#4Deep Track Capital, LPActive

Notable overlap · 12 shared positions

$PCVX $ALMS $CYTK $ORKA $MAZE $IONS

$6.1B

63 positions

#5Cormorant Asset Management, LPActive

Notable overlap · 12 shared positions

$ALMS $PRAX $DRUG $BBIO $PHVS $ORKA

$2.0B

47 positions

#6ACUTA CAPITAL PARTNERS, LLCActive

Notable overlap · 5 shared positions

$TERN $PRAX $RVMD $DRUG $MAZE

$142M

27 positions

#7Logos Global Management LPActive

Notable overlap · 9 shared positions

$TERN $PRAX $CYTK $RVMD $MAZE $OLMA

$2.0B

66 positions

#8Ally Bridge Group (NY) LLCActive

Notable overlap · 10 shared positions

$PRAX $ALMS $CAPR $SLNO $MAZE $EPRX

$124M

27 positions

#9DIADEMA PARTNERS LPPassive

Notable overlap · 10 shared positions

$TERN $KOD $RVMD $BBIO $TENX $CAPR

$588M

144 positions

#10Exome Asset Management LLCPassive

Notable overlap · 8 shared positions

$ALMS $PRAX $CYTK $BBIO $MAZE $IONS

$193M

56 positions

#11GREAT POINT PARTNERS LLCActive

Notable overlap · 11 shared positions

$ALMS $DRUG $ORKA $CTNM $RLMD $TENX

$435M

42 positions

#12Vivo Capital, LLCActive

Notable overlap · 9 shared positions

$TERN $PRAX $DRUG $ANRO $ABVX $OLMA

$1.2B

45 positions

#13Paradigm Biocapital Advisors LPActive

Notable overlap · 9 shared positions

$PCVX $TERN $RVMD $CYTK $ORKA $MAZE

$4.9B

35 positions

#14NEXTBio Capital Management LPActive

Notable overlap · 4 shared positions

$TERN $PCVX $PVLA $IVA

$215M

24 positions

#15HighVista Strategies LLCPassive

Notable overlap · 11 shared positions

$PRAX $PCVX $RVMD $TERN $SLNO $ORKA

$362M

156 positions

#16First Turn Management, LLCActive

Notable overlap · 10 shared positions

$RVMD $CYTK $TERN $BBIO $PRAX $OLMA

$895M

33 positions

#17Seven Fleet Capital Management LPActive

Notable overlap · 8 shared positions

$PCVX $CYTK $RVMD $PHVS $SLNO $EPRX

$315M

114 positions

#18Monashee Investment Management LLCPassive

Notable overlap · 3 shared positions

$TERN $CYTK $BBIO

$184M

45 positions

#19Affinity Asset Advisors, LLCActive

Notable overlap · 10 shared positions

$PRAX $CYTK $TERN $ORKA $CLDX $OVID

$1.9B

105 positions

#20Squadron Capital Management LLCActive

Notable overlap · 7 shared positions

$KOD $RLMD $MAZE $EPRX $IVA $ABVX

$273M

37 positions

#21Catalio Capital Management, LPActive

Notable overlap · 6 shared positions

$TERN $CYTK $BBIO $SLNO $RARE $ABVX

$479M

41 positions

#22StemPoint Capital LPPassive

Notable overlap · 8 shared positions

$PRAX $RVMD $CYTK $CLDX $ALMS $ABVX

$515M

82 positions

#23Saturn V Capital Management LPActive

Notable overlap · 7 shared positions

$ALMS $PCVX $PHVS $OVID $ABVX $ZURA

$552M

21 positions

#24ADAR1 Capital Management, LLCActive

Notable overlap · 9 shared positions

$TERN $CYTK $BBIO $PCVX $ABVX $CLDX

$1.7B

310 positions

#25MPM BioImpact LLCActive

Notable overlap · 6 shared positions

$ALMS $CYTK $RVMD $DRUG $PVLA $ABVX

$1.3B

41 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.