What hedge funds are most similar to BALYASNY ASSET MANAGEMENT L.P.?

The funds with the most similar 13F portfolios to BALYASNY ASSET MANAGEMENT L.P. are HBK INVESTMENTS L P, ALPINE ASSOCIATES, AQR Arbitrage, 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 BALYASNY ASSET

13F Portfolio OverlapQ2 2026BALYASNY ASSET portfolio →

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Most similar hedge funds by 13F overlap

BALYASNY ASSET MANAGEMENT L.P. is an institutional investor managing $80.2B across 2,950 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 BALYASNY ASSET are HBK INVESTMENTS L P, ALPINE ASSOCIATES, AQR Arbitrage, with shared positions in $AES, $ROKU, $WBD, $TXNM, $KVUE, $NSC. The full ranking of 25 similar funds is below.

#1HBK INVESTMENTS L PActive

Some overlap · 10 shared positions

$AES $ROKU $WBD $TXNM $KVUE $NSC

$10.2B

276 positions

#2ALPINE ASSOCIATES MANAGEMENT INC.Active

Some overlap · 9 shared positions

$AES $ROKU $WBD $TXNM $KVUE $NSC

$1.6B

66 positions

#3AQR Arbitrage LLCPassive

Some overlap · 9 shared positions

$AES $ROKU $WBD $TXNM $KVUE $NSC

$7.0B

634 positions

#4Kintayl Capital LPPassive

Some overlap · 9 shared positions

$AES $ROKU $WBD $TXNM $KVUE $NSC

$252M

61 positions

#5GABELLI & Co INVESTMENT ADVISERS, INC.Passive

Some overlap · 9 shared positions

$AES $ROKU $WBD $TXNM $KVUE $NSC

$688M

316 positions

#6Quarry LPActive

Some overlap · 9 shared positions

$SPCX $ROKU $WBD $KVUE $NSC $PEN

$1.2B

2,372 positions

#7PRELUDE CAPITAL MANAGEMENT, LLCPassive

Some overlap · 9 shared positions

$ROKU $WBD $AES $TXNM $NSC $PEN

$1.4B

1,213 positions

#8Birnam Oak Advisors, LPActive

Some overlap · 8 shared positions

$AES $ROKU $WBD $TXNM $KVUE $NSC

$616M

40 positions

#9WATER ISLAND CAPITAL LLCActive

Some overlap · 9 shared positions

$ROKU $WBD $TXNM $KVUE $NSC $PEN

$1.1B

85 positions

#10Kryger Capital LLCActive

Some overlap · 8 shared positions

$AES $ROKU $WBD $KVUE $NSC $PEN

$1.8B

109 positions

#11TIG Advisors, LLCActive

Some overlap · 8 shared positions

$AES $ROKU $WBD $KVUE $NSC $PEN

$2.3B

109 positions

#12NINE MASTS CAPITAL LtdActive

Some overlap · 8 shared positions

$ROKU $WBD $TXNM $KVUE $NSC $PEN

$995M

170 positions

#13Magnetar Financial LLCActive

Some overlap · 8 shared positions

$WBD $ROKU $TXNM $KVUE $NSC $PEN

$11.0B

1,134 positions

#14Pentwater Capital Management LPActive

Some overlap · 9 shared positions

$ROKU $WBD $TXNM $KVUE $NSC $SLAB

$16.4B

90 positions

#15Melqart Asset Management (UK) LtdActive

Some overlap · 8 shared positions

$AES $WBD $TXNM $NSC $PEN $EA

$1.1B

40 positions

#16Westchester Capital Management, LLCPassive

Some overlap · 7 shared positions

$AES $ROKU $WBD $KVUE $NSC $PEN

$2.0B

310 positions

#17Empyrean Capital Partners, LPPassive

Some overlap · 7 shared positions

$ROKU $WBD $TXNM $KVUE $NSC $PEN

$3.0B

122 positions

#18Athos Capital LtdActive

Some overlap · 7 shared positions

$ROKU $WBD $TXNM $KVUE $NSC $PEN

$282M

38 positions

#19LMR Partners LLPPassive

Some overlap · 7 shared positions

$SPCX $WBD $NSC $SLAB $EA $STX

$26.8B

1,491 positions

#20ExodusPoint Capital Management, LPPassive

Some overlap · 7 shared positions

$SPCX $WBD $NSC $PEN $ORLY $ROKU

$15.5B

1,510 positions

#21CAXTON ASSOCIATES LLPPassive

Some overlap · 7 shared positions

$WBD $TXN $KVUE $NSC $PEN $EA

$5.3B

730 positions

#22Sand Grove Capital Management LLPActive

Some overlap · 6 shared positions

$AES $ROKU $WBD $TXNM $NSC $EA

$383M

14 positions

#23MILLENNIUM MANAGEMENT LLCPassive

Some overlap · 7 shared positions

$SPCX $WBD $NSC $EA $STX $KVUE

$276.5B

5,796 positions

#24Machina Capital S.A.S.Passive

Some overlap · 7 shared positions

$WBD $KVUE $MMM $BLK $EA $ABNB

$631M

368 positions

#25MITCHELL & PAHL PRIVATE WEALTH, LLCPassive

Some overlap · 7 shared positions

$TXN $MMM $MDLZ $BLK $ASML $USB

$272M

149 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.