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 Hudson Bay

13F Portfolio OverlapQ2 2026Hudson Bay portfolio →

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Most similar hedge funds by 13F overlap

Hudson Bay Capital Management LP is an institutional investor managing $36.8B across 1,335 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 Hudson Bay are LMR Partners LLP, Sculptor, Aequim Alternative Investments, with shared positions in $ECHO, $SPCX, $BABA, $NSC, $UNIT, $WBD. The full ranking of 25 similar funds is below.

#1LMR Partners LLPPassive

Notable overlap · 9 shared positions

$ECHO $SPCX $BABA $NSC $UNIT $WBD

$26.8B

1,491 positions

#2Sculptor Capital LPPassive

Notable overlap · 6 shared positions

$ECHO $PCG $PLTR $SPCX $BABA $NSC

$12.3B

407 positions

#3Aequim Alternative Investments LPActive

Some overlap · 7 shared positions

$ECHO $FE $PCG $BABA $MCHP $WBD

$6.4B

102 positions

#4UNICOM Systems, Inc.Active

Some overlap · 3 shared positions

$SNDK $PLTR $BE

$1.5B

39 positions

#5Tricadia Capital Management, LLCActive

Some overlap · 4 shared positions

$SNDK $ECHO $WBD $FLG

$162M

24 positions

#6Kultura Capital Management LPActive

Some overlap · 4 shared positions

$SNDK $PLTR $SPCX $BE

$553M

66 positions

#7BlueCrest Capital Management LtdPassive

Some overlap · 5 shared positions

$ECHO $PCG $SPCX $BABA $MCHP

$3.0B

299 positions

#8DAVIDSON KEMPNER CAPITAL MANAGEMENT LPPassive

Some overlap · 5 shared positions

$ECHO $SPCX $BABA $EA $MCHP

$8.4B

241 positions

#9N10 WEALTH, LLCActive

Some overlap · 3 shared positions

$SNDK $PLTR $SPCX

$282M

43 positions

#10Harvest Portfolios Group Inc.Active

Some overlap · 5 shared positions

$PLTR $SPCX $VRTX $ABT $ISRG

$7.1B

267 positions

#11Privium Fund Management B.V.Active

Some overlap · 4 shared positions

$PLTR $SPCX $VRTX $SHOP

$544M

61 positions

#12Aragon Global Management, LPActive

Some overlap · 3 shared positions

$SNDK $PLTR $BE

$264M

23 positions

#13Rakuten Securities, Inc.Active

Some overlap · 3 shared positions

$SNDK $PLTR $BE

$430M

914 positions

#14Comprehensive Financial Planning, Inc./PAPassive

Some overlap · 3 shared positions

$SNDK $PLTR $BE

$188M

427 positions

#15Marex Group plcPassive

Some overlap · 4 shared positions

$SNDK $SPCX $ADBE $BE

$23.6B

1,117 positions

#16DLD Asset Management, LPPassive

Some overlap · 5 shared positions

$ECHO $FE $NSC $AKAM $WBD

$1.5B

448 positions

#17Blue Sparrow, LLC /DEActive

Some overlap · 4 shared positions

$SNDK $PLTR $SNPS $SHOP

$10.3B

126 positions

#18Next Level Wealth Planning, LLCSmart money

Some overlap · 4 shared positions

$PLTR $SPCX $ABT $MCHP

$227M

74 positions

#19Clear Street Group Inc.Active

Some overlap · 4 shared positions

$SNDK $PLTR $SPCX $BE

$39.5B

1,414 positions

#20HIGHBRIDGE CAPITAL MANAGEMENT LLCPassive

Some overlap · 6 shared positions

$PCG $BABA $FE $EA $WBD $ECHO

$4.1B

433 positions

#21Pentwater Capital Management LPActive

Some overlap · 5 shared positions

$ECHO $EA $NSC $WBD $SPCX

$16.4B

90 positions

#22Stony Point Capital LLCActive

Some overlap · 3 shared positions

$SNDK $PLTR $SHOP

$1.5B

30 positions

#23MAPLELANE CAPITAL, LLCActive

Some overlap · 4 shared positions

$ECHO $SPCX $SNDK $SNPS

$5.5B

86 positions

#24ARROWSTREET CAPITAL, LIMITED PARTNERSHIPPassive

Some overlap · 5 shared positions

$SNDK $PLTR $ADBE $ISRG $ABT

$225.4B

1,887 positions

#25Polar Asset Management Partners Inc.Passive

Some overlap · 5 shared positions

$ECHO $EA $ADBE $NSC $WBD

$6.1B

838 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.