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 Apella

13F Portfolio OverlapQ3 2026Apella portfolio →

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Most similar hedge funds by 13F overlap

Apella Capital, LLC is an institutional investor managing $7.9B across 806 U.S. equity positions as of Q3 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to Apella are MORGAN DEMPSEY, SWS Partners, Citadel Investment Advisory, with shared positions in $GD, $PM, $WFC, $PEP, $UNP, $NOTV. The full ranking of 25 similar funds is below.

#1MORGAN DEMPSEY CAPITAL MANAGEMENT LLCPassive

Some overlap · 5 shared positions

$GD $PM $WFC $PEP $UNP

$233M

122 positions

#2SWS PartnersPassive

Slight overlap · 4 shared positions

$GD $PM $WFC $NOTV

$465M

108 positions

#3Citadel Investment Advisory, Inc.Active

Slight overlap · 4 shared positions

$GD $PM $WFC $PEP

$218M

76 positions

#4ProVise Management Group, LLCPassive

Slight overlap · 4 shared positions

$GD $PM $WFC $PEP

$1.5B

282 positions

#5Accretive Wealth Partners, LLCPassive

Slight overlap · 4 shared positions

$GD $PM $WFC $UNP

$412M

181 positions

#6CAPITAL FINANCIAL GROUP INC\CO\ /ADVPassive

Slight overlap · 4 shared positions

$GD $PM $WFC $UNP

$191M

102 positions

#7CULLEN INVESTMENT GROUP, LTD.Active

Slight overlap · 4 shared positions

$GD $PM $WFC $UNP

$857M

179 positions

#8FIRST NATIONAL BANK SIOUX FALLSActive

Slight overlap · 5 shared positions

$PM $WST $WFC $PEP $UNP

$328M

153 positions

#9Stokes Family Office, LLCPassive

Slight overlap · 4 shared positions

$PM $GD $DOV $PEP

$858M

272 positions

#10STUDIO INVESTMENT MANAGEMENT LLCActive

Slight overlap · 4 shared positions

$GD $DOV $PEP $UNP

$589M

181 positions

#11HOWE & RUSLING INCPassive

Slight overlap · 4 shared positions

$GD $PM $PEP $UNP

$1.7B

479 positions

#12RKL Wealth Management LLCActive

Slight overlap · 4 shared positions

$GD $PM $PEP $UNP

$1.3B

194 positions

#13Peoples Bank/KSPassive

Slight overlap · 4 shared positions

$GD $WFC $PEP $UNP

$103M

97 positions

#14EDGAR LOMAX CO/VAActive

Slight overlap · 4 shared positions

$GD $WFC $PEP $UNP

$1.3B

58 positions

#15Leonard Rickey Investment Advisors P.L.L.C.Active

Slight overlap · 4 shared positions

$PM $DOV $GD $WFC

$637M

125 positions

#16LOCKHEED MARTIN INVESTMENT MANAGEMENT COActive

Slight overlap · 4 shared positions

$PM $DOV $PEP $UNP

$2.5B

117 positions

#17Portside Wealth Group, LLCPassive

Slight overlap · 4 shared positions

$PM $DOV $WFC $PEP

$901M

523 positions

#18Pathway Financial Advisers, LLCPassive

Slight overlap · 4 shared positions

$PM $STLD $PEP $UNP

$397M

167 positions

#19Brendel Financial Advisors LLCPassive

Slight overlap · 3 shared positions

$GD $DOV $WST

$216M

101 positions

#20Tranquilli Financial Advisor LLCPassive

Slight overlap · 3 shared positions

$GD $PM $WFC

$186M

135 positions

#21Trajan Wealth LLCActive

Slight overlap · 3 shared positions

$GD $PM $WFC

$2.6B

152 positions

#22Unique Wealth Strategies, LLCPassive

Slight overlap · 3 shared positions

$GD $PM $WFC

$273M

222 positions

#23Keystone Financial ServicesActive

Slight overlap · 3 shared positions

$GD $PM $WFC

$388M

131 positions

#24Oregon Pacific Wealth Management, LLCActive

Slight overlap · 3 shared positions

$GD $PM $WFC

$108M

114 positions

#25FSB PREMIER WEALTH MANAGEMENT, INC.Passive

Slight overlap · 3 shared positions

$GD $PM $WFC

$355M

257 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.