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 FACTORY MUTUAL INSURANCE

13F Portfolio OverlapQ1 2026FACTORY MUTUAL INSURANCE portfolio →

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Most similar hedge funds by 13F overlap

FACTORY MUTUAL INSURANCE CO is an institutional investor managing $8.9B across 196 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 FACTORY MUTUAL INSURANCE are Mill ,, BEESE FULMER INVESTMENT ,, Progressive Investment, with shared positions in $ASML, $UNH, $PM, $MU, $APH, $UNP. The full ranking of 25 similar funds is below.

#1Mill Capital Management, LLCActive

Some overlap · 7 shared positions

$ASML $UNH $PM $MU $APH $UNP

$1.3B

130 positions

#2BEESE FULMER INVESTMENT MANAGEMENT, INC.Passive

Some overlap · 7 shared positions

$KLAC $PM $MU $KO $UNP $LIN

$1.6B

435 positions

#3Progressive Investment Management CorpActive

Some overlap · 6 shared positions

$KLAC $CDNS $ASML $APH $MU $LIN

$379M

58 positions

#4PARADIGM ASSET MANAGEMENT CO LLCPassive

Some overlap · 6 shared positions

$KLAC $ASML $PM $UNH $KO $MS

$426M

424 positions

#5Decatur Capital Management, Inc.Active

Some overlap · 6 shared positions

$KLAC $CDNS $KO $MS $APH $AME

$219M

33 positions

#6FAYEZ SAROFIM & COActive

Some overlap · 6 shared positions

$ASML $UNH $PM $KO $MS $ETN

$39.1B

294 positions

#7Capital World InvestorsPassive

Some overlap · 6 shared positions

$UNH $PM $KLAC $MU $ASML $UNP

$732.9B

620 positions

#8Capital International SarlActive

Some overlap · 6 shared positions

$ASML $PM $KLAC $MU $APH $LIN

$6.1B

287 positions

#9Ayrshire Capital Management LLCPassive

Some overlap · 7 shared positions

$KLAC $APH $LIN $ETN $AME $MS

$193M

50 positions

#10Capital International, Inc./CA/Active

Some overlap · 5 shared positions

$KLAC $ASML $PM $UNH $MU

$13.0B

303 positions

#11KP Management LLCPassive

Some overlap · 5 shared positions

$KLAC $CDNS $ASML $APH $MPWR

$409M

83 positions

#12Blue Chip Partners, LLCActive

Some overlap · 5 shared positions

$KLAC $ASML $PM $MS $ETN

$1.4B

170 positions

#13Crew Capital Management, Ltd.Passive

Some overlap · 5 shared positions

$KLAC $ASML $CDNS $MU $APH

$151M

109 positions

#14DOVER ADVISORS, LLCPassive

Some overlap · 5 shared positions

$KLAC $ASML $PM $KO $ETN

$242M

159 positions

#15SAWGRASS ASSET MANAGEMENT LLCPassive

Some overlap · 5 shared positions

$KLAC $CDNS $APH $UNP $AME

$664M

193 positions

#16MARSICO CAPITAL MANAGEMENT LLCActive

Some overlap · 5 shared positions

$KLAC $ASML $KO $APH $AME

$3.4B

65 positions

#17NZS Capital, LLCActive

Some overlap · 5 shared positions

$KLAC $CDNS $APH $LIN $MPWR

$3.0B

58 positions

#18Cumberland Partners LtdPassive

Some overlap · 6 shared positions

$UNH $APH $UNP $LIN $ETN $AME

$1.3B

157 positions

#19Dai-ichi Life Insurance Company, LtdActive

Some overlap · 6 shared positions

$PM $KO $KLAC $APH $LIN $MS

$3.5B

464 positions

#20Peterson Wealth ServicesPassive

Some overlap · 5 shared positions

$ASML $PM $CDNS $UNP $ETN

$405M

215 positions

#21Teucrium Investment Advisors, LLCActive

Some overlap · 5 shared positions

$ASML $PM $MU $KO $LIN

$129M

42 positions

#22Winslow Capital Management, LLCActive

Some overlap · 5 shared positions

$ASML $KLAC $MU $APH $MS

$25.6B

60 positions

#2344 WEALTH MANAGEMENT LLCPassive

Some overlap · 5 shared positions

$KLAC $PM $MU $KO $UNP

$286M

183 positions

#24Generate Investment Management LtdActive

Some overlap · 6 shared positions

$MU $ASML $APH $ETN $KLAC $MPWR

$2.0B

70 positions

#25ALKEON CAPITAL MANAGEMENT LLCSmart money

Some overlap · 4 shared positions

$KLAC $CDNS $ASML $APH

$59.5B

102 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.