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 Tri Locum Partners

13F Portfolio OverlapQ1 2026Tri Locum Partners portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

Tri Locum Partners LP is an institutional investor managing $713M across 17 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 Tri Locum Partners are Avoro Advisors, Bellevue Group AG, PFM Health Sciences,, with shared positions in $ASND, $MDGL, $UTHR, $ARGX, $DFTX, $VRTX. The full ranking of 25 similar funds is below.

#1Avoro Capital Advisors LLCActive

Substantial overlap · 5 shared positions

$ASND $MDGL $UTHR $ARGX $DFTX

$10.2B

32 positions

#2Bellevue Group AGActive

Notable overlap · 6 shared positions

$VRTX $ARGX $ISRG $NUVL $DXCM $TMO

$4.2B

155 positions

#3PFM Health Sciences, LPActive

Notable overlap · 7 shared positions

$ASND $JAZZ $UTHR $MDGL $DNTH $AXSM

$1.1B

83 positions

#4Jones Hill Capital LPActive

Notable overlap · 3 shared positions

$VRTX $NUVL $ARGX

$466M

26 positions

#5Rock Springs Capital Management LPActive

Notable overlap · 6 shared positions

$MDGL $ARGX $ASND $ISRG $DXCM $TARS

$1.7B

100 positions

#6Iron Triangle Partners LP

Notable overlap · 4 shared positions

$ISRG $JAZZ $VRTX $DNTH

$875M

27 positions

#7First Turn Management, LLCActive

Notable overlap · 5 shared positions

$UTHR $NUVL $ASND $DNTH $AXSM

$895M

33 positions

#8RTW INVESTMENTS, LPActive

Notable overlap · 4 shared positions

$MDGL $ARGX $TARS $ISRG

$10.0B

88 positions

#9Defilade Capital Management, L.P.Active

Notable overlap · 4 shared positions

$DXCM $ISRG $NUVL $ASND

$712M

31 positions

#10RA CAPITAL MANAGEMENT, L.P.Smart money

Notable overlap · 3 shared positions

$ASND $NUVL $DNTH

$9.4B

85 positions

#11HealthInvest Partners ABActive

Notable overlap · 4 shared positions

$TMO $VRTX $ISRG $DXCM

$310M

39 positions

#12Sofinnova Ventures IncActive

Notable overlap · 4 shared positions

$UTHR $JAZZ $AXSM $DXCM

$2.6B

74 positions

#13Rhenman & Partners Asset Management ABPassive

Notable overlap · 6 shared positions

$TMO $VRTX $ISRG $JAZZ $MDGL $AXSM

$810M

86 positions

#14DIADEMA PARTNERS LPPassive

Notable overlap · 4 shared positions

$UTHR $JAZZ $TARS $VRTX

$588M

144 positions

#15PERCEPTIVE ADVISORS LLCActive

Notable overlap · 4 shared positions

$ASND $NUVL $ISRG $JAZZ

$5.1B

94 positions

#16SECTORAL ASSET MANAGEMENT INCActive

Notable overlap · 7 shared positions

$VRTX $ARGX $ISRG $TMO $DXCM $UTHR

$121M

77 positions

#17Atika Capital Management LLCActive

Notable overlap · 5 shared positions

$ISRG $TEVA $DNTH $UTHR $ASND

$796M

60 positions

#18Arrowpoint Investment Partners (Singapore) Pte. Ltd.Passive

Notable overlap · 5 shared positions

$ASND $VRTX $AXSM $TEVA $MDGL

$113M

82 positions

#19Illumine Investment Management, LLCPassive

Notable overlap · 3 shared positions

$UTHR $ISRG $VRTX

$130M

92 positions

#20SILVERARC CAPITAL MANAGEMENT, LLCActive

Notable overlap · 3 shared positions

$NUVL $ASND $DNTH

$980M

73 positions

#21BRAIDWELL LPPassive

Notable overlap · 5 shared positions

$NUVL $ARGX $DNTH $TMO $ISRG

$3.0B

88 positions

#22DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)Active

Notable overlap · 3 shared positions

$NUVL $UTHR $DNTH

$8.5B

82 positions

#23Affinity Asset Advisors, LLCActive

Notable overlap · 5 shared positions

$TEVA $NUVL $DNTH $MDGL $ASND

$1.9B

105 positions

#24Catalio Capital Management, LPActive

Notable overlap · 3 shared positions

$ASND $DNTH $DFTX

$479M

41 positions

#25SUPERSTRING CAPITAL MANAGEMENT LPActive

Notable overlap · 4 shared positions

$VRTX $UTHR $AXSM $DFTX

$140M

35 positions

Compare Tri Locum Partners’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 Tri Locum Partners’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.