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 ALPS ADVISORS

13F Portfolio OverlapQ2 2026ALPS ADVISORS portfolio →

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Most similar hedge funds by 13F overlap

ALPS ADVISORS INC is an institutional investor managing $21.3B across 1,170 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 ALPS ADVISORS are Fractal Investments, LONGFELLOW INVESTMENT, WALNUT PRIVATE EQUITY PARTNERS, with shared positions in $ET, $MPLX, $EPD, $WES, $PAA, $SUN. The full ranking of 25 similar funds is below.

#1Fractal Investments LLCActive

Highly similar · 16 shared positions

$ET $MPLX $EPD $WES $PAA $SUN

$867M

80 positions

#2LONGFELLOW INVESTMENT MANAGEMENT CO LLCPassive

Highly similar · 8 shared positions

$ET $EPD $WES $MPLX $PAA $HESM

$489M

244 positions

#3WALNUT PRIVATE EQUITY PARTNERS, LLCSmart money

Substantial overlap · 7 shared positions

$ET $SUN $MPLX $PAA $EPD $WMB

$185M

15 positions

#4Heronetta Management, L.P.Smart money

Substantial overlap · 8 shared positions

$ET $MPLX $EPD $WES $HESM $KMI

$109M

15 positions

#5CHICKASAW CAPITAL MANAGEMENT LLCSmart money

Substantial overlap · 11 shared positions

$ET $MPLX $WES $EPD $PAA $GEL

$2.8B

97 positions

#6INFRASTRUCTURE CAPITAL ADVISORS, LLCActive

Substantial overlap · 15 shared positions

$ET $SUN $PAA $EPD $WES $MPLX

$1.7B

185 positions

#7KAYNE ANDERSON CAPITAL ADVISORS LPActive

Substantial overlap · 11 shared positions

$ET $EPD $MPLX $WES $PAA $KMI

$5.1B

53 positions

#8TORTOISE CAPITAL ADVISORS, L.L.C.Active

Substantial overlap · 11 shared positions

$ET $EPD $MPLX $PAA $WES $HESM

$9.8B

91 positions

#9Sovereign Investment Advisors, LLCActive

Substantial overlap · 6 shared positions

$MPLX $EPD $WES $PAA $SUN $OKE

$533M

109 positions

#10Energy Income Partners, LLCActive

Substantial overlap · 8 shared positions

$EPD $ET $MPLX $SUN $CQP $KMI

$6.4B

88 positions

#11Recurrent Investment Advisors LLCActive

Substantial overlap · 11 shared positions

$ET $SUN $EPD $WES $MPLX $KMI

$1.6B

71 positions

#12Addis & Hill, IncSmart money

Substantial overlap · 7 shared positions

$ET $EPD $MPLX $KMI $OKE $TXN

$181M

29 positions

#13RR Advisors, LLCActive

Substantial overlap · 8 shared positions

$ET $WES $EPD $MPLX $GEL $PAA

$346M

25 positions

#14BERKLEY W R CORPPassive

Substantial overlap · 4 shared positions

$ET $EPD $PAA $KMI

$2.1B

342 positions

#15SENTINEL WEALTH MANAGEMENT, INC.Active

Notable overlap · 4 shared positions

$EPD $PAA $ET $OKE

$142M

39 positions

#16Rockwood Wealth Management, LLCSmart money

Notable overlap · 3 shared positions

$ET $EPD $WES

$1.6B

132 positions

#17SL ADVISORS, LLCActive

Notable overlap · 7 shared positions

$ET $EPD $WES $MPLX $KMI $OKE

$57M

32 positions

#18CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENTActive

Notable overlap · 8 shared positions

$ET $MPLX $EPD $WES $WBI $KMI

$2.2B

73 positions

#19MILLER HOWARD INVESTMENTS INC /NYActive

Notable overlap · 10 shared positions

$MPLX $EPD $ET $WES $PAA $SUN

$3.8B

152 positions

#20EAGLE GLOBAL ADVISORS LLCActive

Notable overlap · 9 shared positions

$ET $EPD $MPLX $PAA $WES $HESM

$3.0B

277 positions

#21Adams Asset Advisors, LLCActive

Notable overlap · 7 shared positions

$SUN $ET $PAA $WES $EPD $MPLX

$882M

88 positions

#22SeedSafe Financial LLCActive

Notable overlap · 3 shared positions

$ET $EPD $OKE

$139M

39 positions

#23Arrow Investment Advisors, LLCActive

Notable overlap · 10 shared positions

$WES $MPLX $PAA $SUN $HESM $ET

$103M

75 positions

#24Uptown Financial Advisors LLCActive

Notable overlap · 4 shared positions

$ET $EPD $KMI $TXN

$152M

88 positions

#25Blackstone Inc.Active

Notable overlap · 9 shared positions

$EPD $CQP $MPLX $ET $WES $PAA

$32.9B

518 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.