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 Innovations

13F Portfolio OverlapQ2 2026Innovations portfolio →

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Most similar hedge funds by 13F overlap

Capital Innovations LLC is an institutional investor managing $385M across 51 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 Innovations are Harrison Street Private Wealth, REAVES W H, TORTOISE ADVISORS, L.L.C., with shared positions in $WMB, $NEE, $LNG, $UNP, $TRP, $SRE. The full ranking of 25 similar funds is below.

#1Harrison Street Private Wealth LLCActive

Substantial overlap · 12 shared positions

$WMB $NEE $LNG $UNP $TRP $SRE

$71M

21 positions

#2REAVES W H & CO INCActive

Substantial overlap · 16 shared positions

$VST $CEG $SRE $WMB $DTM $NEE

$6.6B

94 positions

#3TORTOISE CAPITAL ADVISORS, L.L.C.Active

Substantial overlap · 13 shared positions

$WMB $LNG $TRP $ENB $DTM $ETR

$9.8B

91 positions

#4Ausbil Investment Management LtdPassive

Substantial overlap · 11 shared positions

$NEE $WMB $LNG $AMT $ENB $ETR

$221M

65 positions

#5CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENTActive

Substantial overlap · 10 shared positions

$WMB $LNG $TRP $ENB $DTM $VST

$2.2B

73 positions

#6KAYNE ANDERSON CAPITAL ADVISORS LPActive

Substantial overlap · 11 shared positions

$WMB $LNG $TRP $ENB $DTM $SRE

$5.1B

53 positions

#7Partners Group Holding AGActive

Notable overlap · 11 shared positions

$UNP $WMB $AMT $SRE $WM $TRP

$1.5B

52 positions

#8SL ADVISORS, LLCActive

Notable overlap · 6 shared positions

$WMB $LNG $TRP $ENB $WM $OKE

$57M

32 positions

#9Energy Income Partners, LLCActive

Notable overlap · 15 shared positions

$SO $SRE $ETR $LNG $WMB $NEE

$6.4B

88 positions

#10Electron Capital Partners, LLCActive

Notable overlap · 8 shared positions

$NEE $WMB $CEG $NRG $ETR $XEL

$2.5B

46 positions

#11DUFF & PHELPS INVESTMENT MANAGEMENT COActive

Notable overlap · 13 shared positions

$DLR $SRE $ETR $AMT $NEE $WMB

$10.6B

162 positions

#12Magellan Asset Management LtdActive

Notable overlap · 13 shared positions

$SRE $AMT $UNP $SO $ETR $NEE

$4.5B

78 positions

#13Fractal Investments LLCActive

Notable overlap · 6 shared positions

$WMB $TRP $LNG $DTM $OKE $ENB

$867M

80 positions

#14ONTARIO TEACHERS PENSION PLAN BOARDSmart money

Notable overlap · 11 shared positions

$ENB $WMB $AMT $TRP $SRE $LNG

$15.8B

60 positions

#15Merewether Investment Management, LPActive

Notable overlap · 7 shared positions

$VST $WMB $DTM $ETR $HAL $LNG

$5.3B

81 positions

#16RR Advisors, LLCActive

Notable overlap · 4 shared positions

$WMB $LNG $DTM $EQT

$346M

25 positions

#17Ripple Effect Asset Management LPActive

Notable overlap · 3 shared positions

$WMB $VST $UNP

$431M

24 positions

#18ANTIPODES PARTNERS LtdActive

Notable overlap · 10 shared positions

$SRE $LNG $ENB $ETR $AMT $SLB

$5.5B

130 positions

#19CHICKASAW CAPITAL MANAGEMENT LLCSmart money

Notable overlap · 5 shared positions

$WMB $LNG $DTM $OKE $ENB

$2.8B

97 positions

#20Yaupon Capital Management LPActive

Notable overlap · 10 shared positions

$WMB $VST $ETR $AWK $LNG $DTM

$5.1B

124 positions

#21Addis & Hill, IncSmart money

Notable overlap · 4 shared positions

$WMB $CEG $EXC $OKE

$181M

29 positions

#22Socorro Asset Management LPActive

Notable overlap · 6 shared positions

$NEE $SRE $AMT $SLB $XEL $OKE

$223M

33 positions

#23CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLCActive

Notable overlap · 11 shared positions

$AMT $SO $WMB $CEG $XEL $AEP

$7.2B

101 positions

#24Blackstone Inc.Active

Notable overlap · 7 shared positions

$WMB $DLR $ENB $DTM $LNG $FE

$32.9B

518 positions

#25ELCO Management Co., LLCPassive

Notable overlap · 5 shared positions

$WMB $LNG $NEE $EQT $AWK

$232M

174 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.