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 OverlapQ2 2026Situational Awareness portfolio →

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Most similar hedge funds by 13F overlap

Situational Awareness LP is an institutional investor managing $20.2B across 26 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 Situational Awareness are Situational Awareness Partners, Boundless Plain Ltd, Clear Street Group, with shared positions in $SNDK, $BE, $CRWV, $CORZ, $APLD, $RIOT. The full ranking of 25 similar funds is below.

#1Situational Awareness Partners LP

Highly similar · 16 shared positions

$SNDK $BE $CRWV $CORZ $APLD $RIOT

$13.7B

42 positions

#2Boundless Plain Holdings LtdActive

Substantial overlap · 3 shared positions

$SNDK $BE $CLSK

$432M

11 positions

#3Clear Street Group Inc.Active

Substantial overlap · 6 shared positions

$SNDK $NBIS $BE $CRWV $IREN $CBRS

$39.5B

1,414 positions

#4Capelight Capital Asset Management LPActive

Substantial overlap · 5 shared positions

$SNDK $CORZ $KEEL $STM $PUMP

$208M

38 positions

#5Virtus Wealth Solutions LLCActive

Notable overlap · 3 shared positions

$SNDK $NBIS $BE

$735M

53 positions

#6Value Aligned Research Advisors, LLC

Notable overlap · 8 shared positions

$NBIS $BE $CRWV $SNDK $IREN $APLD

$40.1B

123 positions

#7AI-Squared Management LtdActive

Notable overlap · 4 shared positions

$SNDK $NBIS $CRWV $CBRS

$187M

19 positions

#8Hel Ved Capital Management LtdActive

Notable overlap · 6 shared positions

$SNDK $NBIS $CRWV $CORZ $BE $SEI

$1.4B

72 positions

#9VMS Asset Management LimitedPassive

Notable overlap · 3 shared positions

$SNDK $BE $STM

$315M

33 positions

#10REX Advisers, LLCPassive

Notable overlap · 5 shared positions

$NBIS $SNDK $CORZ $CLSK $BTDR

$56M

59 positions

#11Whale Rock Capital Management LLCActive

Notable overlap · 3 shared positions

$SNDK $BE $CBRS

$12.5B

35 positions

#12Feynman Point Asset Management LLCActive

Notable overlap · 6 shared positions

$NBIS $SHAZ $APLD $CORZ $IREN $HIVE

$55M

28 positions

#13Rakuten Securities, Inc.Active

Notable overlap · 4 shared positions

$SNDK $IREN $BE $CRWV

$430M

914 positions

#14Grand Alliance Asset Management LtdActive

Notable overlap · 3 shared positions

$SNDK $BE $VSH

$167M

15 positions

#15Maytree Asset Management LtdActive

Notable overlap · 3 shared positions

$SNDK $NBIS $CBRS

$154M

44 positions

#16Polymer Capital Management (HK) LTDActive

Notable overlap · 3 shared positions

$SNDK $BE $IREN

$2.0B

143 positions

#17Marex Group plcPassive

Notable overlap · 6 shared positions

$SNDK $NBIS $IREN $BE $CRWV $CBRS

$23.6B

1,117 positions

#18Goldstream Capital Management LtdActive

Notable overlap · 3 shared positions

$SNDK $STM $BE

$132M

45 positions

#19BERKSHIRE CAPITAL HOLDINGS INCActive

Notable overlap · 3 shared positions

$NBIS $BE $SNDK

$462M

122 positions

#20FirstWave Capital Management LLCPassive

Notable overlap · 5 shared positions

$NBIS $IREN $SHAZ $BE $CRWV

$227M

63 positions

#21SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLCPassive

Notable overlap · 3 shared positions

$SNDK $NBIS $SEI

$5.7B

155 positions

#22Genesis Financial Group, LLCPassive

Notable overlap · 3 shared positions

$NBIS $BE $APLD

$154M

100 positions

#23BIT Capital GmbHActive

Notable overlap · 8 shared positions

$SNDK $IREN $KEEL $CORZ $APLD $BTDR

$3.4B

97 positions

#24Capstone Capital Management LtdPassive

Notable overlap · 5 shared positions

$CRWV $NBIS $IREN $BE $VSH

$224M

160 positions

#25SOMA EQUITY PARTNERS LPActive

Notable overlap · 3 shared positions

$BE $NBIS $IREN

$1.4B

24 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.