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 Cardinal Point , ULC

13F Portfolio OverlapQ2 2026Cardinal Point , ULC portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

Cardinal Point Capital Management, ULC is an institutional investor managing $1.8B across 294 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 Cardinal Point , ULC are MUFG SECURITIES (CANADA), LTD., Scheer, Rowlett & Associates Investment Ltd., BANK OF NOVA SCOTIA, with shared positions in $RY, $TD, $BMO, $SU, $MFC, $BNS. The full ranking of 25 similar funds is below.

#1MUFG SECURITIES (CANADA), LTD.Active

Substantial overlap · 13 shared positions

$RY $TD $BMO $SU $MFC $BNS

$3.7B

43 positions

#2Scheer, Rowlett & Associates Investment Management Ltd.Active

Substantial overlap · 12 shared positions

$RY $TD $BMO $SU $MFC $ENB

$1.4B

30 positions

#3BANK OF NOVA SCOTIA TRUST COActive

Substantial overlap · 12 shared positions

$RY $TD $BMO $MFC $ENB $TRP

$1.2B

173 positions

#4Addenda Capital Inc.Active

Substantial overlap · 11 shared positions

$RY $TD $BMO $BNS $ENB $TRP

$3.7B

128 positions

#5TD Waterhouse Canada Inc.Passive

Substantial overlap · 11 shared positions

$RY $TD $BMO $BNS $ENB $MFC

$38.0B

2,405 positions

#6SIG North Trading, ULCActive

Substantial overlap · 12 shared positions

$RY $TD $BMO $BNS $ENB $TRP

$5.4B

286 positions

#7CIBC WORLD MARKET INC.Passive

Substantial overlap · 12 shared positions

$RY $TD $BMO $BNS $ENB $TRP

$62.3B

1,540 positions

#8INTACT INVESTMENT MANAGEMENT INC.Passive

Substantial overlap · 13 shared positions

$TD $RY $BMO $SU $MFC $CNI

$3.5B

274 positions

#9LETKO, BROSSEAU & ASSOCIATES INCActive

Substantial overlap · 11 shared positions

$RY $TD $BMO $MFC $BNS $CNI

$6.8B

112 positions

#10Lorne Steinberg Wealth Management Inc.Passive

Substantial overlap · 10 shared positions

$RY $TD $BMO $BNS $MFC $TRP

$487M

72 positions

#11CIBC Asset Management IncPassive

Substantial overlap · 11 shared positions

$RY $TD $BMO $BNS $CNI $ENB

$45.6B

1,428 positions

#12PCJ Investment Counsel Ltd.Passive

Substantial overlap · 11 shared positions

$RY $TD $BMO $BNS $ENB $CNI

$348M

62 positions

#13Guardian Partners Inc.Passive

Substantial overlap · 11 shared positions

$RY $TD $BMO $BNS $ENB $CNI

$1.1B

391 positions

#14SCOTIA CAPITAL INC.Active

Substantial overlap · 11 shared positions

$RY $TD $BMO $BNS $ENB $TRP

$26.8B

915 positions

#15GUARDIAN CAPITAL LPActive

Substantial overlap · 12 shared positions

$RY $TD $BMO $SU $ENB $MFC

$4.1B

174 positions

#161832 Asset Management L.P.Smart money

Substantial overlap · 12 shared positions

$RY $TD $BMO $ENB $CNI $BNS

$199.4B

630 positions

#17Federation des caisses Desjardins du QuebecPassive

Substantial overlap · 10 shared positions

$RY $TD $BNS $BMO $SU $TRP

$32.7B

3,021 positions

#18MACKENZIE FINANCIAL CORPPassive

Substantial overlap · 12 shared positions

$RY $TD $BMO $MFC $ENB $CNI

$101.2B

1,554 positions

#19LINCLUDEN MANAGEMENT LTDActive

Substantial overlap · 10 shared positions

$RY $TD $SU $MFC $BNS $TRP

$1.0B

68 positions

#20Delaney Capital Management Ltd.Active

Substantial overlap · 9 shared positions

$RY $TD $BMO $MFC $BNS $ENB

$632M

53 positions

#21Tacita Capital IncPassive

Substantial overlap · 11 shared positions

$RY $TD $BNS $ENB $TRP $CNI

$184M

214 positions

#22Murchinson Ltd.Passive

Substantial overlap · 10 shared positions

$RY $TD $BMO $SU $TRP $CNI

$725M

125 positions

#23Beutel, Goodman & Co Ltd.Active

Notable overlap · 9 shared positions

$TD $BMO $RY $SU $CNI $MFC

$13.6B

163 positions

#24Burkett Asset Management LtdPassive

Notable overlap · 9 shared positions

$RY $TD $BMO $MFC $CNI $RCI

$107M

59 positions

#25Cardinal Capital Management, Inc.Active

Notable overlap · 8 shared positions

$RY $BMO $SU $MFC $BNS $TRP

$4.1B

70 positions

Compare Cardinal Point , ULC’s portfolio side by side

See the exact shared positions, conviction overlap, sector alignment, and where these funds diverge — and run the same analysis on any of 8,700+ institutions.

View Cardinal Point , ULC’s holdings

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.