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 L1 Global Manager Pty Ltd

13F Portfolio OverlapQ2 2026L1 Global Manager Pty Ltd portfolio →

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Most similar hedge funds by 13F overlap

L1 Global Manager Pty Ltd is an institutional investor managing $142M across 121 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 L1 Global Manager Pty Ltd are Kepos, Wealthspring, GRITSTONE ASSET, with shared positions in $CGCF, $BHAV, $EVAC, $ALDF, $NTWO, $LPBB. The full ranking of 25 similar funds is below.

#1Kepos Capital LPPassive

Substantial overlap · 15 shared positions

$CGCF $BHAV $EVAC $ALDF $NTWO $LPBB

$73M

184 positions

#2Wealthspring Capital LLCPassive

Notable overlap · 10 shared positions

$CUB $ALDF $CGCF $NTWO $RDAG $IRHO

$448M

208 positions

#3GRITSTONE ASSET MANAGEMENT LLCPassive

Notable overlap · 9 shared positions

$LPBB $KFII $ALDF $EVAC $CGCF $NHIC

$104M

174 positions

#4Decagon Asset Management LLPActive

Notable overlap · 10 shared positions

$CUB $ATII $BHAV $OTAI $MTAL $APMC

$525M

104 positions

#5Harraden Circle Investments, LLCPassive

Notable overlap · 6 shared positions

$TONT $ALDF $CUB $NHIC $BLUW $ATII

$784M

236 positions

#6HEIGHTS CAPITAL MANAGEMENT, INCPassive

Notable overlap · 8 shared positions

$OTAI $BHAV $DMII $IRHO $NMP $COPL

$433M

323 positions

#7MMCAP International Inc. SPCPassive

Notable overlap · 6 shared positions

$CGCF $IACO $RDAG $DMII $IRHO $CUB

$1.2B

303 positions

#8Crossingbridge Advisors, LLCPassive

Notable overlap · 7 shared positions

$POLE $RDAG $DMII $NMP $OTAI $TRAD

$567M

152 positions

#9RLH Capital LLCPassive

Some overlap · 6 shared positions

$NHIC $FVN $CUB $KFII $EVAC $AACB

$209M

130 positions

#10Westchester Capital Management, LLCPassive

Some overlap · 9 shared positions

$KFII $GTERA $OYSE $ALDF $POLE $DMII

$2.0B

310 positions

#11Karpus Management, Inc.Passive

Some overlap · 6 shared positions

$DMII $AIIA $MKLY $COPL $GTERA $KFII

$3.5B

233 positions

#12HGC Investment Management Inc.Passive

Some overlap · 4 shared positions

$CGCF $RDAG $AIIA $AACB

$507M

184 positions

#13METEORA CAPITAL, LLCPassive

Some overlap · 4 shared positions

$RDAG $TONT $OYSE $CGCF

$1.2B

443 positions

#14Logan Stone Capital, LLCActive

Some overlap · 6 shared positions

$DMII $AIIA $CCAQ $MKLY $LWAC $TRAD

$473M

155 positions

#15First Trust Capital Management L.P.Active

Some overlap · 8 shared positions

$CCAQ $DMII $NHIC $CUB $TONT $EVAC

$1.7B

161 positions

#16BERKLEY W R CORPPassive

Some overlap · 6 shared positions

$EVAC $GTERA $KFII $COPL $CCAQ $LPBB

$2.1B

342 positions

#17Radcliffe Capital Management, L.P.Passive

Some overlap · 6 shared positions

$EVAC $AACB $KFII $OYSE $IRHO $COPL

$1.3B

450 positions

#18Mint Tower Capital Management B.V.Active

Some overlap · 4 shared positions

$LPBB $GWRE $NHIC $SPEG

$871M

346 positions

#19PERISCOPE CAPITAL INC.Passive

Some overlap · 7 shared positions

$AACB $KFII $SPEG $GTERA $LWAC $EVAC

$1.1B

481 positions

#20MANGROVE PARTNERS IM, LLCPassive

Slight overlap · 8 shared positions

$OTAI $LWAC $KFII $AIIA $COPL $CCAQ

$1.5B

426 positions

#21GLAZER CAPITAL, LLCPassive

Slight overlap · 4 shared positions

$DMII $EVAC $OYSE $CCAQ

$4.1B

562 positions

#22Stoic Point Capital Management LLCActive

Slight overlap · 3 shared positions

$CGCF $IRHO $GTERA

$121M

69 positions

#23Kryger Capital LLCActive

Slight overlap · 5 shared positions

$AACO $NHIC $IRHO $DMII $IACO

$1.8B

109 positions

#24Shaolin Capital Management LLCPassive

Slight overlap · 3 shared positions

$CGCF $GTERA $KFII

$2.1B

554 positions

#25Lepercq De Neuflize Asset Management LLCActive

Slight overlap · 7 shared positions

$CUB $CCAQ $LWAC $COPL $GTERA $NOEM

$158M

37 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.