What hedge funds are most similar to NEXTBio Capital Management LP?

The funds with the most similar 13F portfolios to NEXTBio Capital Management LP are KVP Advisors,, ACUTA PARTNERS,, Monashee Investment, 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 NEXTBio

13F Portfolio OverlapQ1 2026NEXTBio portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

NEXTBio Capital Management LP is an institutional investor managing $215M across 24 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 NEXTBio are KVP Advisors,, ACUTA PARTNERS,, Monashee Investment, with shared positions in $TERN, $PTGX, $CMPX, $IRON, $OCS, $ZBIO. The full ranking of 25 similar funds is below.

#1KVP Capital Advisors, LPActive

Substantial overlap · 4 shared positions

$TERN $PTGX $CMPX $IRON

$134M

32 positions

#2ACUTA CAPITAL PARTNERS, LLCActive

Notable overlap · 3 shared positions

$TERN $CMPX $OCS

$142M

27 positions

#3Monashee Investment Management LLCPassive

Notable overlap · 5 shared positions

$TERN $ZBIO $EVMN $GPCR $CMPX

$184M

45 positions

#4Ikarian Capital, LLCPassive

Notable overlap · 4 shared positions

$TERN $PCVX $PVLA $IVA

$1.2B

161 positions

#5ADAR1 Capital Management, LLCPassive

Notable overlap · 7 shared positions

$PTGX $TERN $ZLAB $RYTM $PCVX $XENE

$1.7B

310 positions

#6GREAT POINT PARTNERS LLCActive

Notable overlap · 5 shared positions

$VOR $ZBIO $EVMN $CMPX $KALV

$435M

42 positions

#7SILVERARC CAPITAL MANAGEMENT, LLCActive

Notable overlap · 8 shared positions

$RYTM $ZBIO $COGT $ORIC $IRON $XENE

$980M

73 positions

#8First Turn Management, LLCActive

Notable overlap · 5 shared positions

$XENE $ORIC $COGT $PVLA $TERN

$895M

33 positions

#9Logos Global Management LPActive

Notable overlap · 8 shared positions

$TERN $RYTM $IRON $XENE $GPCR $PCVX

$2.0B

66 positions

#10RA CAPITAL MANAGEMENT, L.P.Smart money

Notable overlap · 6 shared positions

$RYTM $PCVX $IRON $ZLAB $VOR $EVMN

$9.4B

85 positions

#11Caligan Partners LPActive

Notable overlap · 4 shared positions

$XENE $PCVX $VOR $IVA

$1.5B

28 positions

#12Octagon Capital Advisors LPActive

Notable overlap · 6 shared positions

$XENE $TERN $COGT $IRON $KALV $EVMN

$904M

29 positions

#13JOHNSON & JOHNSONSmart money

Notable overlap · 3 shared positions

$PTGX $VOR $ACET

$652M

16 positions

#14BVF INC/ILActive

Notable overlap · 6 shared positions

$PVLA $GPCR $CBIO $IRON $CMPX $IVA

$3.1B

41 positions

#15Rock Springs Capital Management LPActive

Notable overlap · 6 shared positions

$RYTM $XENE $GPCR $COGT $CMPX $ZLAB

$1.7B

100 positions

#16Propel Bio Management, LLCActive

Notable overlap · 5 shared positions

$VOR $CMPS $IVA $OCS $EVMN

$159M

38 positions

#17Vivo Capital, LLCActive

Notable overlap · 4 shared positions

$TERN $CMPX $ORIC $COGT

$1.2B

45 positions

#18Siren, L.L.C.Active

Notable overlap · 7 shared positions

$XENE $COGT $GPCR $RYTM $IRON $ORIC

$3.6B

100 positions

#19Trails Edge Capital Partners, LPActive

Notable overlap · 3 shared positions

$XENE $IVA $PCVX

$437M

27 positions

#20Eagle Health Investments LPActive

Notable overlap · 3 shared positions

$TERN $PTGX $CMPS

$572M

28 positions

#21Rosalind Advisors, Inc.Active

Notable overlap · 3 shared positions

$VOR $VSTM $PCVX

$249M

38 positions

#22Opaleye Management Inc.Active

Notable overlap · 4 shared positions

$RYTM $CBIO $IRON $PTGX

$759M

54 positions

#23DIADEMA PARTNERS LPPassive

Notable overlap · 6 shared positions

$TERN $COGT $GPCR $IVA $STTK $PCVX

$588M

144 positions

#24Ally Bridge Group (NY) LLCActive

Notable overlap · 3 shared positions

$CMPS $IVA $CMPX

$124M

27 positions

#25Birchview Capital, LPActive

Notable overlap · 7 shared positions

$GPCR $PTGX $CMPX $CMPS $ZBIO $XENE

$176M

73 positions

Compare NEXTBio’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 NEXTBio’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.