What hedge funds are most similar to Closed-End Fund Advisors, Inc.?

The funds with the most similar 13F portfolios to Closed-End Fund Advisors, Inc. are Thomas J. Herzfeld Advisors,, Matisse, Noble Wealth PBC, 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 Closed-End Fund Advisors,

13F Portfolio OverlapQ1 2026Closed-End Fund Advisors, portfolio →

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Most similar hedge funds by 13F overlap

Closed-End Fund Advisors, Inc. is an institutional investor managing $98M across 162 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 Closed-End Fund Advisors, are Thomas J. Herzfeld Advisors,, Matisse, Noble Wealth PBC, with shared positions in $BPRE, $SABA, $FSSL, $RA, $FSCO, $HFRO. The full ranking of 18 similar funds is below.

#1Thomas J. Herzfeld Advisors, Inc.Active

Notable overlap · 14 shared positions

$BPRE $SABA $FSSL $RA $FSCO $HFRO

$294M

115 positions

#2Matisse CapitalPassive

Notable overlap · 10 shared positions

$BPRE $FSSL $PNI $DMA $FSCO $HFRO

$234M

164 positions

#3Noble Wealth Management PBCPassive

Notable overlap · 8 shared positions

$FINS $BPRE $FSCO $BANX $RA $PFO

$223M

778 positions

#4North Ground CapitalActive

Notable overlap · 7 shared positions

$OTF $FSSL $FSCO $CGBD $BCSF $DMA

$83M

40 positions

#5RIVERNORTH CAPITAL MANAGEMENT, LLCPassive

Some overlap · 6 shared positions

$FSSL $OTF $SABA $FSCO $PCQ $CGBD

$2.0B

542 positions

#6Saba Capital Management, L.P.Passive

Some overlap · 6 shared positions

$BPRE $MEGI $HFRO $NML $SABA $DMA

$3.6B

390 positions

#7ROBINSON CAPITAL MANAGEMENT, LLCActive

Some overlap · 7 shared positions

$RFMZ $CXE $PNI $PCQ $MFM $FSSL

$239M

109 positions

#8Almitas Capital LLCActive

Some overlap · 7 shared positions

$CXE $MEGI $PCQ $FSSL $PNI $SABA

$443M

115 positions

#9CITY OF LONDON INVESTMENT MANAGEMENT CO LTDActive

Some overlap · 4 shared positions

$KYN $NML $SDHY $RA

$1.4B

94 positions

#10Bulldog Investors, LLPPassive

Some overlap · 4 shared positions

$OTF $BPRE $XFLT $NCDL

$445M

216 positions

#11Professional Financial Management, Inc.Active

Some overlap · 3 shared positions

$RFMZ $PNI $PCQ

$96M

23 positions

#12Logan Stone Capital, LLCActive

Some overlap · 4 shared positions

$PCQ $BGX $PNI $MFM

$360M

133 positions

#13ACCREDITED INVESTOR SERVICES, LLCSmart money

Slight overlap · 4 shared positions

$MEGI $RA $NPFD $WIW

$156M

77 positions

#14CAZ INVESTMENTS LPActive

Slight overlap · 3 shared positions

$OTF $CGBD $BCSF

$86M

43 positions

#15ARES MANAGEMENT LLCSmart money

Slight overlap · 5 shared positions

$OTF $TRIN $NCDL $CGBD $BCSF

$1.5B

37 positions

#16BLUE BELL PRIVATE WEALTH MANAGEMENT, LLCActive

Slight overlap · 3 shared positions

$MEGI $SABA $EMO

$696M

724 positions

#17Financially in Tune, LLCActive

Slight overlap · 4 shared positions

$PCQ $RFMZ $FSCO $PNI

$116M

77 positions

#18Cerberus Capital Management, L.P.Smart money

Slight overlap · 3 shared positions

$BCSF $OTF $CGBD

$2.6B

14 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.