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 Breakout Partners

13F Portfolio OverlapQ2 2026Breakout Partners portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

Breakout Capital Partners, LP is an institutional investor managing $164M across 8 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 Breakout Partners are Northcape Pty Ltd, Westwood Global Investments, Gemsstock Ltd., with shared positions in $ITUB, $MELI, $HDB, $VIST, $PBR, $MMYT. The full ranking of 20 similar funds is below.

#1Northcape Capital Pty LtdSmart money

Substantial overlap · 3 shared positions

$ITUB $MELI $HDB

$742M

8 positions

#2Westwood Global Investments, LLCSmart money

Substantial overlap · 3 shared positions

$ITUB $MELI $HDB

$2.8B

11 positions

#3Gemsstock Ltd.Active

Substantial overlap · 4 shared positions

$VIST $ITUB $MELI $PBR

$337M

14 positions

#4Moneda S.A. Administradora General de FondosActive

Notable overlap · 3 shared positions

$MELI $PBR $VIST

$122M

31 positions

#5Coronation Fund Managers Ltd.Active

Notable overlap · 3 shared positions

$MELI $MMYT $HDB

$2.6B

48 positions

#6VPR Management LLCActive

Notable overlap · 3 shared positions

$MELI $ITUB $PBR

$249M

66 positions

#7Itau Unibanco Holding S.A.Passive

Notable overlap · 4 shared positions

$PBR $ITUB $VIST $MELI

$5.3B

400 positions

#8TT International Asset Management LTDActive

Notable overlap · 5 shared positions

$ITUB $PBR $MMYT $MELI $VIST

$783M

49 positions

#9ARGA Investment Management, LPActive

Notable overlap · 3 shared positions

$PBR $ITUB $HDB

$3.9B

121 positions

#10White Oak Capital Partners Pte. Ltd.Smart money

Notable overlap · 3 shared positions

$HDB $MELI $VIST

$425M

17 positions

#11Carrhae Capital LLPSmart money

Notable overlap · 3 shared positions

$PBR $ITUB $MMYT

$3.6B

29 positions

#12MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLCActive

Some overlap · 3 shared positions

$ITUB $HDB $PBR

$292M

32 positions

#13HARDING LOEVNER LPActive

Some overlap · 3 shared positions

$MELI $HDB $ITUB

$10.6B

82 positions

#14BAILLIE GIFFORD & COActive

Some overlap · 3 shared positions

$MELI $PBR $MMYT

$110.2B

273 positions

#15X-Square Capital, LLCPassive

Some overlap · 3 shared positions

$VIST $MELI $PBR

$394M

176 positions

#16RWC Asset Management LLPActive

Some overlap · 3 shared positions

$VIST $PBR $MELI

$2.6B

160 positions

#17North of South Capital LLPSmart money

Some overlap · 3 shared positions

$HDB $VIST $PBR

$1.4B

28 positions

#18COMGEST GLOBAL INVESTORS S.A.S.Active

Slight overlap · 3 shared positions

$MELI $MMYT $HDB

$4.5B

55 positions

#19Quantitative Investment Management, LLCPassive

Slight overlap · 3 shared positions

$MELI $PBR $ACN

$917M

346 positions

#20PING CAPITAL MANAGEMENT, INC.Active

Slight overlap · 3 shared positions

$VIST $MELI $PBR

$401M

93 positions

Compare Breakout 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 Breakout 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.