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 Carolina Wealth Advisors

13F Portfolio OverlapQ3 2026Carolina Wealth Advisors portfolio →

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Most similar hedge funds by 13F overlap

Carolina Wealth Advisors, LLC is an institutional investor managing $263M across 373 U.S. equity positions as of Q3 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to Carolina Wealth Advisors are Optimist Retirement Group, Martin Partners, Coston, McIsaac & Partners, with shared positions in $BBY, $PM, $MO, $BMY, $NVO, $FRO. The full ranking of 25 similar funds is below.

#1Optimist Retirement Group LLCActive

Notable overlap · 14 shared positions

$BBY $PM $MO $BMY $NVO $FRO

$259M

118 positions

#2Martin Capital Partners, LLCPassive

Notable overlap · 9 shared positions

$TXN $AMGN $UNP $VZ $TROW $NVO

$279M

73 positions

#3Coston, McIsaac & PartnersPassive

Notable overlap · 8 shared positions

$TXN $MO $PM $VZ $PEP $MDT

$497M

948 positions

#4Range Financial Group LLCPassive

Notable overlap · 11 shared positions

$SNDK $PM $AMGN $MO $VZ $KMB

$361M

207 positions

#5Keystone Financial Planning, Inc.Active

Notable overlap · 11 shared positions

$MO $PM $BMY $VZ $TROW $MDT

$404M

39 positions

#6CFC Planning Co LLCPassive

Notable overlap · 5 shared positions

$TXN $MO $SCCO $PM $VZ

$171M

71 positions

#7Brindle & Bay Financial Advisors, LLCActive

Notable overlap · 8 shared positions

$TXN $MO $CL $TROW $PEP $ITW

$268M

102 positions

#8Measured Risk Portfolios, Inc.Active

Notable overlap · 6 shared positions

$MO $PM $TXN $VZ $TROW $KMB

$94M

64 positions

#9MORGAN DEMPSEY CAPITAL MANAGEMENT LLCPassive

Notable overlap · 7 shared positions

$PM $TXN $UNP $VZ $PEP $MDT

$233M

122 positions

#10BENEDICT FINANCIAL ADVISORS INCPassive

Notable overlap · 6 shared positions

$MO $PM $AMGN $VZ $LMT $MDT

$504M

136 positions

#11WINNOW WEALTH LLCPassive

Notable overlap · 7 shared positions

$MO $CL $VZ $TROW $ITW $PEP

$151M

141 positions

#12P.A.W. CAPITAL CORPPassive

Notable overlap · 7 shared positions

$AMGN $VZ $PM $BMY $PEP $MO

$133M

66 positions

#13Exeter Financial, LLCPassive

Notable overlap · 7 shared positions

$TXN $AMGN $VZ $PEP $TROW $LMT

$265M

100 positions

#14Cypress Capital, LLCActive

Notable overlap · 7 shared positions

$AMGN $BMY $UNP $MDT $LMT $CL

$377M

117 positions

#15EDMP, INC.Passive

Notable overlap · 6 shared positions

$MO $AMGN $BMY $VZ $PEP $BBY

$130M

74 positions

#16Beacon Harbor Wealth Advisors, Inc.Passive

Notable overlap · 5 shared positions

$AMGN $PM $BMY $VZ $PEP

$513M

70 positions

#17Windle Wealth, LLCActive

Notable overlap · 6 shared positions

$MO $VZ $TROW $PEP $ITW $UL

$249M

35 positions

#18Kennon-Green & Company, LLCActive

Notable overlap · 6 shared positions

$MO $PM $PEP $UL $KMB $CL

$131M

42 positions

#19BCWM, LLCPassive

Notable overlap · 6 shared positions

$MO $BMY $UNP $VZ $PEP $LMT

$342M

57 positions

#20CANTOR FITZGERALD INVESTMENT ADVISORS L.P.Active

Notable overlap · 7 shared positions

$TXN $BBY $BMY $PM $MDT $KMB

$3.3B

229 positions

#21PARK CIRCLE CoActive

Notable overlap · 7 shared positions

$MO $PM $VZ $TROW $HAS $BMY

$117M

53 positions

#22SMITH CHAS P & ASSOCIATES PA CPASActive

Notable overlap · 6 shared positions

$AMGN $UNP $NVO $PEP $ITW $LMT

$2.0B

194 positions

#23Welch Group, LLCPassive

Notable overlap · 6 shared positions

$TXN $CL $VZ $PEP $KMB $LMT

$2.9B

326 positions

#24Verity & Verity, LLCActive

Notable overlap · 6 shared positions

$AMGN $TXN $MO $VZ $PEP $MDT

$1.5B

139 positions

#25First Fiduciary Investment Counsel, Inc.Passive

Notable overlap · 5 shared positions

$TXN $PM $UNP $AMGN $LMT

$529M

75 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.