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 Aviso Financial

13F Portfolio OverlapQ2 2026Aviso Financial portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

Aviso Financial Inc. is an institutional investor managing $2.9B across 273 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 Aviso Financial are MUFG SECURITIES (CANADA), LTD., Addenda, BANK OF NOVA SCOTIA, with shared positions in $TD, $BMO, $CNQ, $BN, $CP, $ENB. The full ranking of 25 similar funds is below.

#1MUFG SECURITIES (CANADA), LTD.Active

Substantial overlap · 17 shared positions

$TD $BMO $CNQ $BN $CP $ENB

$3.7B

43 positions

#2Addenda Capital Inc.Active

Substantial overlap · 18 shared positions

$TD $BMO $BN $ENB $CNQ $CP

$3.7B

128 positions

#3BANK OF NOVA SCOTIA TRUST COActive

Substantial overlap · 16 shared positions

$TD $BMO $CNQ $ENB $BN $CP

$1.2B

173 positions

#4Scheer, Rowlett & Associates Investment Management Ltd.Active

Substantial overlap · 13 shared positions

$TD $BMO $BN $CP $FNV $ENB

$1.4B

30 positions

#5Delaney Capital Management Ltd.Active

Substantial overlap · 10 shared positions

$TD $BMO $CNQ $CP $ENB $WPM

$632M

53 positions

#6Murchinson Ltd.Passive

Substantial overlap · 12 shared positions

$TD $BMO $CP $CM $CNQ $RY

$725M

125 positions

#7SIG North Trading, ULCActive

Substantial overlap · 15 shared positions

$TD $BMO $ENB $CM $RY $CNQ

$5.4B

286 positions

#8GUARDIAN CAPITAL LPActive

Substantial overlap · 14 shared positions

$CNQ $TD $BN $BMO $CP $CM

$4.1B

174 positions

#9CIBC WORLD MARKET INC.Passive

Substantial overlap · 14 shared positions

$TD $BMO $ENB $CM $CNQ $RY

$62.3B

1,540 positions

#10Burkett Asset Management LtdPassive

Substantial overlap · 12 shared positions

$TD $BMO $CNQ $BN $FNV $RY

$107M

59 positions

#11TD Waterhouse Canada Inc.Passive

Substantial overlap · 13 shared positions

$TD $BMO $CM $ENB $RY $CNQ

$38.0B

2,405 positions

#12Guardian Partners Inc.Passive

Substantial overlap · 10 shared positions

$TD $BMO $ENB $CM $RY $BN

$1.1B

391 positions

#13LINCLUDEN MANAGEMENT LTDActive

Substantial overlap · 12 shared positions

$TD $CNQ $CM $QSR $BN $RY

$1.0B

68 positions

#14Beutel, Goodman & Co Ltd.Active

Substantial overlap · 11 shared positions

$TD $BMO $QSR $CP $CNQ $BN

$13.6B

163 positions

#15SCOTIA CAPITAL INC.Active

Substantial overlap · 13 shared positions

$TD $ENB $BMO $CM $RY $BN

$26.8B

915 positions

#16Tacita Capital IncPassive

Substantial overlap · 12 shared positions

$TD $BN $ENB $RY $CM $BMO

$184M

214 positions

#17Dixon Mitchell Investment Counsel Inc.Active

Substantial overlap · 10 shared positions

$TD $BN $TMO $CNQ $WPM $RY

$3.1B

144 positions

#18QV Investors Inc.Active

Substantial overlap · 12 shared positions

$TD $CP $ENB $FNV $BN $RY

$1.3B

68 positions

#19MACKENZIE FINANCIAL CORPPassive

Substantial overlap · 14 shared positions

$TD $BMO $CP $RY $CM $ENB

$101.2B

1,554 positions

#20Cardinal Capital Management, Inc.Active

Substantial overlap · 9 shared positions

$BMO $CP $BN $CM $RY $BNS

$4.1B

70 positions

#21Lorne Steinberg Wealth Management Inc.Passive

Notable overlap · 10 shared positions

$TD $BMO $CM $CP $RY $BN

$487M

72 positions

#22PCJ Investment Counsel Ltd.Passive

Notable overlap · 11 shared positions

$TD $BMO $BN $ENB $CM $RY

$348M

62 positions

#231832 Asset Management L.P.Smart money

Notable overlap · 14 shared positions

$TD $BN $BMO $ENB $RY $CP

$199.4B

630 positions

#24CANERECTOR INCActive

Notable overlap · 5 shared positions

$TD $BMO $CM $RY $BNS

$219M

9 positions

#25Purpose Unlimited Inc.Active

Notable overlap · 12 shared positions

$CNQ $TD $ENB $BMO $RY $FNV

$2.6B

603 positions

Compare Aviso Financial’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 Aviso Financial’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.