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 Pale Fire SE

13F Portfolio OverlapQ2 2026Pale Fire SE portfolio →

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Most similar hedge funds by 13F overlap

Pale Fire Capital SE is an institutional investor managing $1.4B across 72 U.S. equity positions as of Q2 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to Pale Fire SE are Equinox Partners Investment, Union Square Park, Monaco Asset SAM, with shared positions in $BTG, $IAUX, $GAU, $ITRG, $PTON, $GRPN. The full ranking of 20 similar funds is below.

#1Equinox Partners Investment Management LLCSmart money

Notable overlap · 4 shared positions

$BTG $IAUX $GAU $ITRG

$212M

12 positions

#2Union Square Park Capital Management, LLCActive

Some overlap · 3 shared positions

$PTON $GRPN $TDOC

$278M

60 positions

#3Monaco Asset Management SAMActive

Some overlap · 3 shared positions

$BABA $IAUX $TDOC

$1.3B

49 positions

#4Context Capital Management, LLCPassive

Some overlap · 3 shared positions

$PTON $GRPN $TDOC

$5.1B

427 positions

#5McAlvany Wealth Management LLCPassive

Some overlap · 3 shared positions

$BTG $IAUX $ITRG

$134M

48 positions

#6PARUS FINANCE (UK) LtdActive

Some overlap · 3 shared positions

$BABA $NU $DOCU

$383M

37 positions

#7Opti Capital Management, LPActive

Some overlap · 3 shared positions

$BABA $TDOC $RPD

$1.6B

46 positions

#8Trek Financial, LLCPassive

Some overlap · 3 shared positions

$IAUX $BABA $DOCU

$2.0B

504 positions

#9Potomac Capital Management, Inc.Passive

Some overlap · 3 shared positions

$GRPN $BABA $PESI

$147M

68 positions

#10NANO CAP NEW MILLENNIUM GROWTH FUND L PPassive

Some overlap · 4 shared positions

$TDOC $BABA $CMRC $SPT

$130M

135 positions

#11TENOR CAPITAL MANAGEMENT Co., L.P.Passive

Slight overlap · 3 shared positions

$TDOC $ZD $RPD

$7.1B

549 positions

#12Catalio Capital Management, LPActive

Slight overlap · 3 shared positions

$MLYS $GUTS $SNDX

$532M

39 positions

#13Potrero Capital Research LLCPassive

Slight overlap · 3 shared positions

$CMRC $WEAV $SPT

$180M

46 positions

#14SPHERA FUNDS MANAGEMENT LTD.Active

Slight overlap · 3 shared positions

$MLYS $SNDX $HELP

$767M

105 positions

#15Prosight Management, LPActive

Slight overlap · 3 shared positions

$MLYS $SNDX $KURA

$580M

36 positions

#16ACT CAPITAL MANAGEMENT, LLCActive

Slight overlap · 3 shared positions

$MLYS $RGNX $KURA

$153M

62 positions

#17Comprehensive Financial Management LLCSmart money

Slight overlap · 4 shared positions

$NU $BABA $DOCU $CMRC

$3.0B

39 positions

#18Velan Capital Investment Management LPActive

Slight overlap · 3 shared positions

$MLYS $SNDX $HRTX

$164M

51 positions

#19TANG CAPITAL MANAGEMENT LLCActive

Slight overlap · 3 shared positions

$DERM $HRTX $TARS

$2.2B

41 positions

#20Knott David M JrActive

Slight overlap · 3 shared positions

$SNDX $HELP $KURA

$189M

84 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.