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 CANNELL

13F Portfolio OverlapQ2 2026CANNELL portfolio →

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Most similar hedge funds by 13F overlap

CANNELL CAPITAL LLC is an institutional investor managing $149M across 36 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 CANNELL are Pillsbury Lake, FIRST SABREPOINT, CROWN ADVISORS, with shared positions in $ETON, $TPB, $GPGI, $BBW, $CVCO, $MDXG. The full ranking of 11 similar funds is below.

#1Pillsbury Lake Capital LLCPassive

Notable overlap · 7 shared positions

$ETON $TPB $GPGI $BBW $CVCO $MDXG

$366M

43 positions

#2FIRST SABREPOINT CAPITAL MANAGEMENT LPActive

Notable overlap · 4 shared positions

$TPB $NPKI $BBW $CVCO

$304M

27 positions

#3CROWN ADVISORS MANAGEMENT, INC.Active

Notable overlap · 6 shared positions

$NGS $APEI $CVCO $BBW $NPKI $TPB

$182M

43 positions

#4Prospect Capital Advisors, LLCActive

Notable overlap · 3 shared positions

$TPB $ETON $GPGI

$220M

30 positions

#5Ballast Asset Management, LPPassive

Some overlap · 3 shared positions

$GPGI $TPB $CVCO

$251M

53 positions

#6Pacific Ridge Capital Partners, LLCPassive

Some overlap · 3 shared positions

$NGS $BBW $APEI

$551M

134 positions

#7FINDELL CAPITAL MANAGEMENT LLCActive

Some overlap · 3 shared positions

$TPB $ROOT $OPRT

$710M

13 positions

#8Divisadero Street Capital Management, LPActive

Some overlap · 4 shared positions

$TPB $APEI $LIFE $REAL

$4.4B

142 positions

#9BARD ASSOCIATES INCPassive

Some overlap · 4 shared positions

$LIFE $GPGI $GOLD $MAMA

$451M

292 positions

#10Archon Capital Management LLCActive

Slight overlap · 3 shared positions

$OSUR $REAL $SFIX

$246M

43 positions

#11BRC Group Holdings, Inc.Active

Slight overlap · 3 shared positions

$REAL $ETON $NPKI

$434M

37 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.