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 Covalis LLP

13F Portfolio OverlapQ2 2026Covalis LLP portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

Covalis Capital LLP is an institutional investor managing $1.8B across 101 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 Covalis LLP are Vennlight, Harrison Street Private Wealth, Zimmer Partners, with shared positions in $PPL, $PCG, $AEP, $BKV, $CORZ, $INIO. The full ranking of 25 similar funds is below.

#1Vennlight Capital Management, LPPassive

Notable overlap · 10 shared positions

$PPL $PCG $AEP $BKV $CORZ $INIO

$149M

32 positions

#2Harrison Street Private Wealth LLCActive

Notable overlap · 7 shared positions

$PCG $AEE $AEP $LNG $TRP $WMB

$71M

21 positions

#3Zimmer Partners, LPPassive

Notable overlap · 8 shared positions

$PCG $PPL $LNG $FPS $BKV $DLR

$4.3B

121 positions

#4HITE Hedge Asset Management LLCActive

Notable overlap · 10 shared positions

$PPL $AEP $AEE $BKV $GM $DTB

$1.8B

125 positions

#5RR Advisors, LLCActive

Notable overlap · 6 shared positions

$AM $AR $LNG $EQT $CIFR $WMB

$346M

25 positions

#6Yaupon Capital Management LPActive

Notable overlap · 9 shared positions

$BKV $AEP $DTB $AR $LNG $EQT

$5.1B

124 positions

#7Aventail Capital Group, LPPassive

Notable overlap · 9 shared positions

$AEE $BKV $APA $INIO $PPL $AEP

$1.7B

155 positions

#8Sourcerock Group LLCActive

Notable overlap · 6 shared positions

$AR $LNG $PCG $OXY $XEL $TRP

$1.9B

36 positions

#9Energy Income Partners, LLCActive

Notable overlap · 8 shared positions

$PPL $AEP $LNG $DTB $GNRC $AEE

$6.4B

88 positions

#10Capital Innovations LLCPassive

Notable overlap · 7 shared positions

$EQT $LNG $DLR $TRP $WMB $AEP

$385M

51 positions

#11Teilinger Capital Ltd.Smart money

Notable overlap · 3 shared positions

$PCG $DTB $XEL

$714M

11 positions

#12CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLCActive

Notable overlap · 7 shared positions

$AEP $PPL $PCG $WMB $LNG $XEL

$7.2B

101 positions

#13Burkehill Global Management, LPActive

Notable overlap · 7 shared positions

$AEP $CRWV $SPCX $DLR $INIO $FPS

$2.8B

173 positions

#14Ripple Effect Asset Management LPActive

Notable overlap · 5 shared positions

$AR $BKV $CIFR $WMB $SPCX

$431M

24 positions

#15Converium Capital Inc.Active

Notable overlap · 3 shared positions

$PCG $VALE $OI

$783M

44 positions

#16Grey Fox Wealth Advisors, LLCActive

Notable overlap · 3 shared positions

$AR $AM $WMB

$637M

179 positions

#17DUFF & PHELPS INVESTMENT MANAGEMENT COActive

Notable overlap · 9 shared positions

$AEE $DLR $DTB $PPL $AEP $LNG

$10.6B

162 positions

#18Verbena Value LPActive

Notable overlap · 3 shared positions

$PPL $AEP $BKH

$605M

31 positions

#19Corigliano Investment Advisers, LLC

Notable overlap · 4 shared positions

$AR $BKV $WMB $FPS

$256M

37 positions

#20Kore Advisors LPActive

Notable overlap · 3 shared positions

$AR $EQT $WMB

$96M

17 positions

#21SEVEN GRAND MANAGERS, LLCActive

Notable overlap · 6 shared positions

$AEP $INIO $SPCX $DLR $FPS $MWH

$2.5B

176 positions

#22LEGACY FINANCIAL INDEPENDENT ADVISORS LLCPassive

Notable overlap · 3 shared positions

$PPL $AEP $AEE

$213M

124 positions

#23REAVES W H & CO INCActive

Notable overlap · 7 shared positions

$AEP $AEE $DTB $WMB $XEL $EQT

$6.6B

94 positions

#24TORTOISE CAPITAL ADVISORS, L.L.C.Active

Some overlap · 6 shared positions

$LNG $AM $TRP $WMB $AEP $EQT

$9.8B

91 positions

#25Hel Ved Capital Management LtdActive

Some overlap · 5 shared positions

$CRWV $INIO $CORZ $FPS $CIFR

$1.4B

72 positions

Compare Covalis LLP’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 Covalis LLP’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.