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 Empyrean Partners

13F Portfolio OverlapQ2 2026Empyrean Partners portfolio →

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Most similar hedge funds by 13F overlap

Empyrean Capital Partners, LP is an institutional investor managing $3.0B across 122 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 Empyrean Partners are P SCHOENFELD ASSET, 140 Summer Partners, Birnam Oak Advisors, with shared positions in $VSAT, $NSC, $WBD, $LBRDA, $ROKU, $KVUE. The full ranking of 25 similar funds is below.

#1P SCHOENFELD ASSET MANAGEMENT LPActive

Notable overlap · 9 shared positions

$VSAT $NSC $WBD $LBRDA $ROKU $KVUE

$244M

34 positions

#2140 Summer Partners LPActive

Notable overlap · 4 shared positions

$VSAT $AER $COF $SGI

$1.4B

22 positions

#3Birnam Oak Advisors, LPActive

Notable overlap · 11 shared positions

$NSC $WBD $TXNM $ROKU $KVUE $EA

$616M

40 positions

#4ALPINE ASSOCIATES MANAGEMENT INC.Active

Notable overlap · 10 shared positions

$NSC $WBD $ROKU $TXNM $KVUE $EA

$1.6B

66 positions

#5AQR Arbitrage LLCPassive

Notable overlap · 10 shared positions

$NSC $WBD $ROKU $TXNM $KVUE $EA

$7.0B

634 positions

#6Kintayl Capital LPPassive

Notable overlap · 10 shared positions

$NSC $ROKU $TXNM $SGI $KVUE $WBD

$252M

61 positions

#7GABELLI & Co INVESTMENT ADVISERS, INC.Passive

Notable overlap · 9 shared positions

$NSC $WBD $TXNM $LBRDA $ROKU $KVUE

$688M

316 positions

#8Athos Capital LtdActive

Notable overlap · 8 shared positions

$NSC $WBD $LBRDA $TXNM $KVUE $ROKU

$282M

38 positions

#9HBK INVESTMENTS L PActive

Notable overlap · 9 shared positions

$NSC $WBD $LBRDA $ROKU $KVUE $EA

$10.2B

276 positions

#10TIG Advisors, LLCActive

Notable overlap · 9 shared positions

$NSC $WBD $ROKU $KVUE $EA $QRVO

$2.3B

109 positions

#11Avantyr Capital Partners, LPActive

Notable overlap · 5 shared positions

$AER $UNP $COF $AAMI $SGI

$2.7B

24 positions

#12Governors Lane LPPassive

Notable overlap · 7 shared positions

$NSC $COF $WBD $TXNM $SGI $EA

$1.2B

203 positions

#13Westchester Capital Management, LLCPassive

Notable overlap · 8 shared positions

$NSC $WBD $ROKU $EA $QRVO $KVUE

$2.0B

310 positions

#14WATER ISLAND CAPITAL LLCActive

Notable overlap · 8 shared positions

$NSC $WBD $TXNM $ROKU $EA $PEN

$1.1B

85 positions

#15Pentwater Capital Management LPActive

Notable overlap · 7 shared positions

$NSC $WBD $TXNM $ROKU $KVUE $EA

$16.4B

90 positions

#16Third Point LLCActive

Notable overlap · 5 shared positions

$NSC $COF $UNP $SGI $WBD

$4.7B

43 positions

#17Fort Baker Capital Management LPActive

Notable overlap · 6 shared positions

$NSC $WBD $LBRDA $BCSS $EA $CCIX

$1.4B

121 positions

#18Sand Grove Capital Management LLPActive

Notable overlap · 6 shared positions

$NSC $WBD $TXNM $ROKU $EA $UNF

$383M

14 positions

#19Boussard & Gavaudan Investment Management LLP

Notable overlap · 9 shared positions

$NSC $WBD $EA $ANIP $LLYVA $WAT

$1.1B

89 positions

#20Kryger Capital LLCActive

Notable overlap · 6 shared positions

$NSC $WBD $ROKU $KVUE $EA $PEN

$1.8B

109 positions

#21NINE MASTS CAPITAL LtdActive

Notable overlap · 9 shared positions

$WBD $NSC $KVUE $EA $ROKU $QRVO

$995M

170 positions

#22Melqart Asset Management (UK) LtdActive

Notable overlap · 6 shared positions

$NSC $WBD $TXNM $EA $PEN $UNF

$1.1B

40 positions

#23Quarry LPActive

Notable overlap · 9 shared positions

$WBD $NSC $ROKU $KVUE $PEN $UNF

$1.2B

2,372 positions

#24CAXTON ASSOCIATES LLPPassive

Notable overlap · 8 shared positions

$NSC $WBD $KVUE $PEN $EA $TXNM

$5.3B

730 positions

#25Slotnik Capital, LLCActive

Notable overlap · 6 shared positions

$WBD $LBRDA $ROKU $NSC $KVUE $PEN

$387M

28 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.