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 Situational Awareness

13F Portfolio OverlapQ1 2026Situational Awareness portfolio →

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Most similar hedge funds by 13F overlap

Situational Awareness LP is an institutional investor managing $13.7B across 42 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 Situational Awareness are Central Asset Investments & (HK) Ltd, Valliance Asset Ltd, Anther Ltd, with shared positions in $SNDK, $MU, $AMD, $BE, $RIOT, $ASML. The full ranking of 25 similar funds is below.

#1Central Asset Investments & Management Holdings (HK) LtdActive

Substantial overlap · 6 shared positions

$SNDK $MU $AMD $BE $RIOT $ASML

$108M

24 positions

#2Valliance Asset Management LtdActive

Substantial overlap · 3 shared positions

$SNDK $MU $GLW

$122M

8 positions

#3Anther Capital LtdActive

Substantial overlap · 6 shared positions

$SNDK $MU $CRWV $INTC $ASML $GLW

$3.8B

31 positions

#4Grand Alliance Asset Management LtdActive

Substantial overlap · 4 shared positions

$SNDK $MU $BE $GLW

$165M

13 positions

#5Trivest Advisors LtdSmart money

Notable overlap · 5 shared positions

$BE $MU $SNDK $INTC $GLW

$1.4B

29 positions

#6AI-Squared Management LtdActive

Notable overlap · 3 shared positions

$SNDK $MU $AMD

$137M

19 positions

#7Capelight Capital Asset Management LPActive

Notable overlap · 4 shared positions

$SNDK $CORZ $PSIX $PUMP

$134M

33 positions

#8BIT Capital GmbHActive

Notable overlap · 9 shared positions

$IREN $MU $BE $KEEL $RIOT $APLD

$2.1B

92 positions

#9Anatole Investment Management LtdActive

Notable overlap · 3 shared positions

$SNDK $MU $INTC

$716M

15 positions

#10WT Asset Management LtdActive

Notable overlap · 4 shared positions

$SNDK $MU $ASML $GLW

$4.8B

32 positions

#11PEAK6 LLCPassive

Notable overlap · 4 shared positions

$CRWV $MU $AMD $INTC

$42.6B

2,630 positions

#12Q Fund Management (Hong Kong) LtdSmart money

Notable overlap · 3 shared positions

$MU $SNDK $INTC

$107M

33 positions

#13DISCOVERY CAPITAL MANAGEMENT, LLC / CTActive

Notable overlap · 3 shared positions

$SNDK $MU $IREN

$1.9B

77 positions

#14Rakuten Securities, Inc.Passive

Notable overlap · 6 shared positions

$MU $SNDK $IREN $CRWV $AMD $INTC

$241M

879 positions

#15Tairen Capital LtdActive

Notable overlap · 6 shared positions

$MU $SNDK $AMD $INTC $ASML $GLW

$924M

44 positions

#16CLEARFIELD CAPITAL MANAGEMENT LPActive

Notable overlap · 6 shared positions

$APLD $RIOT $CLSK $CORZ $BTDR $WYFI

$188M

17 positions

#17Hel Ved Capital Management LtdActive

Notable overlap · 8 shared positions

$SNDK $CRWV $SEI $PSIX $RIOT $SHW

$844M

56 positions

#18Value Aligned Research Advisors, LLCActive

Notable overlap · 11 shared positions

$CRWV $BE $MU $IREN $APLD $CORZ

$20.7B

107 positions

#19Markin Volterra Fund LPActive

Notable overlap · 4 shared positions

$SNDK $MU $AMD $ASML

$65M

34 positions

#20Virtus Wealth Solutions LLCActive

Notable overlap · 3 shared positions

$SNDK $MU $GLW

$525M

54 positions

#21Appaloosa LPActive

Notable overlap · 5 shared positions

$MU $SNDK $AMD $ASML $GLW

$5.9B

31 positions

#22Spartan Wealth Advisory Services LLCPassive

Notable overlap · 3 shared positions

$MU $SNDK $ASML

$1.1B

311 positions

#23Clearline Capital LPActive

Notable overlap · 3 shared positions

$CORZ $MU $AMD

$1.9B

106 positions

#24JAT Capital Mgmt LPActive

Notable overlap · 3 shared positions

$MU $CORZ $INTC

$59M

10 positions

#25Capstone Capital Management LtdActive

Notable overlap · 4 shared positions

$SNDK $MU $CRWV $INTC

$99M

51 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.