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 Quarry

13F Portfolio OverlapQ1 2026Quarry portfolio →

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Most similar hedge funds by 13F overlap

Quarry LP is an institutional investor managing $558M across 1,364 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 Quarry are Birnam Oak Advisors,, Melqart Asset (UK) Ltd, ALPINE ASSOCIATES, with shared positions in $GTLS, $CWAN, $NSC, $WBD, $PEN, $KVUE. The full ranking of 25 similar funds is below.

#1Birnam Oak Advisors, LPActive

Substantial overlap · 11 shared positions

$GTLS $CWAN $NSC $WBD $PEN $KVUE

$441M

35 positions

#2Melqart Asset Management (UK) LtdActive

Substantial overlap · 9 shared positions

$GTLS $CWAN $NSC $WBD $PEN $KVUE

$1.0B

41 positions

#3ALPINE ASSOCIATES MANAGEMENT INC.Passive

Notable overlap · 9 shared positions

$GTLS $NSC $PEN $WBD $KVUE $CWAN

$1.7B

70 positions

#4Westchester Capital Management, LLCPassive

Notable overlap · 10 shared positions

$GTLS $NSC $CWAN $WBD $PEN $UNF

$2.2B

307 positions

#5Kryger Capital LLCActive

Notable overlap · 7 shared positions

$GTLS $CWAN $NSC $WBD $PEN $KVUE

$1.4B

76 positions

#6GABELLI & Co INVESTMENT ADVISERS, INC.Passive

Notable overlap · 8 shared positions

$GTLS $WBD $CWAN $PEN $NSC $KVUE

$674M

297 positions

#7HBK INVESTMENTS L PActive

Notable overlap · 7 shared positions

$CWAN $NSC $WBD $PEN $KVUE $GTLS

$9.9B

346 positions

#8TIG Advisors, LLCActive

Notable overlap · 8 shared positions

$CWAN $NSC $WBD $GTLS $QRVO $KVUE

$2.2B

107 positions

#9WATER ISLAND CAPITAL LLCPassive

Notable overlap · 8 shared positions

$GTLS $NSC $WBD $PEN $KVUE $UNF

$896M

98 positions

#10AQR Arbitrage LLCPassive

Notable overlap · 8 shared positions

$PEN $GTLS $NSC $WBD $KVUE $QRVO

$6.1B

556 positions

#11RLH Capital LLCPassive

Notable overlap · 13 shared positions

$BCAR $CAEP $IPCX $LEGT $GSRF $SOUL

$197M

108 positions

#12Cannon Global Investment Management, LLCPassive

Notable overlap · 9 shared positions

$NSC $CAEP $GTLS $WBD $PEN $RVMD

$51M

82 positions

#13NINE MASTS CAPITAL LtdActive

Notable overlap · 9 shared positions

$NSC $WBD $CWAN $KVUE $QRVO $PEN

$693M

249 positions

#14PSquared Asset Management AGActive

Notable overlap · 5 shared positions

$GTLS $NSC $WBD $PEN $RVMD

$287M

15 positions

#15Slotnik Capital, LLCActive

Notable overlap · 6 shared positions

$GTLS $WBD $PEN $KVUE $NSC $UNF

$342M

27 positions

#16HARVEST MANAGEMENT LLCActive

Notable overlap · 6 shared positions

$CWAN $NSC $WBD $PEN $RVMD $UNF

$206M

55 positions

#17Sand Grove Capital Management LLPActive

Notable overlap · 5 shared positions

$CWAN $NSC $WBD $PEN $TXNM

$444M

19 positions

#18Decagon Asset Management LLPActive

Notable overlap · 6 shared positions

$GTLS $CWAN $NSC $PEN $GSRF $MCGA

$386M

77 positions

#19KRYGER CAPITAL Ltd

Notable overlap · 5 shared positions

$GTLS $CWAN $NSC $WBD $KVUE

$1.3B

50 positions

#20Yakira Capital Management, Inc.Passive

Notable overlap · 8 shared positions

$GTLS $NSC $CWAN $KVUE $CRF $WBD

$342M

196 positions

#21Kintayl Capital LPPassive

Notable overlap · 7 shared positions

$NSC $WBD $KVUE $QRVO $CWAN $TXNM

$192M

54 positions

#22Pentwater Capital Management LPActive

Notable overlap · 6 shared positions

$NSC $WBD $KVUE $CWAN $TXNM $ECHO

$19.3B

92 positions

#23CAXTON ASSOCIATES LLPActive

Notable overlap · 10 shared positions

$WBD $NSC $PEN $KVUE $CWAN $GTLS

$4.4B

755 positions

#24CIBRA Capital LtdActive

Notable overlap · 5 shared positions

$CWAN $WBD $PEN $UNF $TXNM

$207M

25 positions

#25Cable Car Capital, LPPassive

Notable overlap · 7 shared positions

$CLM $PSLV $CRF $NXG $NHS $XRPN

$289M

128 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.