What hedge funds are most similar to North Reef Capital Management LP?

The funds with the most similar 13F portfolios to North Reef Capital Management LP are MENDON ADVISORS, Algebris (UK) Ltd, HoldCo Asset ,, 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 North Reef

13F Portfolio OverlapQ1 2026North Reef portfolio →

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Most similar hedge funds by 13F overlap

North Reef Capital Management LP is an institutional investor managing $2.9B across 60 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 North Reef are MENDON ADVISORS, Algebris (UK) Ltd, HoldCo Asset ,, with shared positions in $FHN, $AUB, $FFWM, $CBC, $BANC, $FBK. The full ranking of 25 similar funds is below.

#1MENDON CAPITAL ADVISORS CORPActive

Notable overlap · 10 shared positions

$FHN $AUB $FFWM $CBC $BANC $FBK

$258M

53 positions

#2Algebris (UK) LtdActive

Notable overlap · 5 shared positions

$ALKT $PB $NTRS $QTWO $MYFW

$1.4B

70 positions

#3HoldCo Asset Management, LPSmart money

Notable overlap · 3 shared positions

$KEY $FIBK $EGBN

$1.3B

29 positions

#4MALTESE CAPITAL MANAGEMENT LLCPassive

Some overlap · 7 shared positions

$CBC $ABCB $FFWM $AMTB $FRST $NBHC

$508M

104 positions

#5FJ Capital Management LLCActive

Some overlap · 5 shared positions

$SBCF $NTRS $ABCB $SCHW $AMTB

$888M

126 positions

#6PMC FIG Opportunities LLCActive

Some overlap · 4 shared positions

$ABCB $AMTB $MYFW $JCAP

$65M

29 positions

#7SALZHAUER MICHAELSmart money

Some overlap · 5 shared positions

$SBCF $FHN $BANC $FBK $FRST

$212M

75 positions

#8Stieven Capital Advisors, L.P.Active

Some overlap · 3 shared positions

$AUB $FBK $BANR

$468M

35 positions

#9Sovereign's Capital Management, LLCPassive

Some overlap · 3 shared positions

$ALKT $FIS $RJF

$136M

76 positions

#10Prana Capital Management, LPPassive

Some overlap · 4 shared positions

$KEY $NTRS $FIS $RJF

$3.3B

131 positions

#11Cander Asset Management LPActive

Some overlap · 3 shared positions

$FHN $PIPR $MQ

$557M

43 positions

#12Azora Capital LPActive

Some overlap · 5 shared positions

$PB $SCHW $CBC $WLTH $AAMI

$1.5B

45 positions

#13Tributary Capital Management, LLCPassive

Some overlap · 3 shared positions

$SBCF $AUB $FBK

$1.0B

164 positions

#14Longaeva Partners L.P.Passive

Some overlap · 3 shared positions

$KEY $FLG $SCHW

$2.7B

204 positions

#15Davis Asset Management, L.P.Active

Some overlap · 6 shared positions

$ABCB $FBK $RJF $TCBK $AXP $MKTX

$3.5B

85 positions

#1612th Street Asset Management Company, LLCActive

Some overlap · 3 shared positions

$FHN $FBK $IIIV

$611M

32 positions

#17QSV Equity Investors LLC

Some overlap · 3 shared positions

$MKTX $SBCF $FBK

$68M

89 positions

#18EJF Capital LLCPassive

Some overlap · 4 shared positions

$FHN $BANC $FRST $JCAP

$142M

69 positions

#19Sippican Capital AdvisorsPassive

Some overlap · 3 shared positions

$EGBN $FLG $BANC

$146M

107 positions

#20BASSWOOD CAPITAL MANAGEMENT, L.L.C.Active

Some overlap · 4 shared positions

$KEY $SCHW $RJF $BANR

$2.1B

108 positions

#21Bayview Asset Management, LLCActive

Some overlap · 4 shared positions

$FLG $SCHW $BANC $BANR

$260M

58 positions

#22PL Capital Advisors, LLCSmart money

Some overlap · 4 shared positions

$FLG $BANC $FHN $FRST

$332M

30 positions

#23Penn Capital Management Company, LLCPassive

Some overlap · 3 shared positions

$ABCB $BANC $FBK

$1.3B

172 positions

#24Aristotle Capital Boston, LLCPassive

Some overlap · 3 shared positions

$ACIW $AUB $NBHC

$1.6B

122 positions

#25BANC FUNDS CO LLCPassive

Slight overlap · 4 shared positions

$BANC $AMTB $MYFW $FRST

$537M

97 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.