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 NISA INVESTMENT ADVISORS

13F Portfolio OverlapQ3 2026NISA INVESTMENT ADVISORS portfolio →

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Most similar hedge funds by 13F overlap

NISA INVESTMENT ADVISORS, LLC is an institutional investor managing $34.7B across 3,065 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 NISA INVESTMENT ADVISORS are Harfst & Associates, Clarendon Private, PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO, with shared positions in $MS, $TXN, $KLAC, $APH. The full ranking of 25 similar funds is below.

#1Harfst & Associates, Inc.Active

Slight overlap · 4 shared positions

$MS $TXN $KLAC $APH

$667M

122 positions

#2Clarendon Private LLCPassive

Slight overlap · 4 shared positions

$MS $TXN $KLAC $APH

$156M

124 positions

#3PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADOActive

Slight overlap · 4 shared positions

$MS $TXN $KLAC $APH

$28.9B

1,842 positions

#4Alecta Tjanstepension OmsesidigtActive

Slight overlap · 4 shared positions

$MS $TXN $KLAC $APH

$23.8B

91 positions

#5Signet Private Wealth LLCPassive

Slight overlap · 4 shared positions

$MS $TXN $KLAC $APH

$125M

127 positions

#6Siemens Fonds Invest GmbHPassive

Slight overlap · 4 shared positions

$TXN $KLAC $MS $APH

$2.0B

538 positions

#7Elk River Wealth Management, LLCActive

Slight overlap · 4 shared positions

$MS $TXN $KLAC $APH

$628M

103 positions

#8Swiss Life Asset Management LtdPassive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$24.1B

1,641 positions

#9Elwood & Goetz Wealth Advisory Group, LLCActive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$676M

148 positions

#10Oak Harvest Investment ServicesPassive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$1.1B

166 positions

#11Freedom Day Solutions, LLCActive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$455M

133 positions

#12LEVEL FOUR ADVISORY SERVICES, LLCPassive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$3.5B

935 positions

#13Chesapeake Wealth ManagementPassive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$357M

168 positions

#14Truvestments Capital LLCPassive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$673M

1,150 positions

#15Axecap Investments, LLCPassive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$169M

77 positions

#16GLOBALT Investments LLC / GAActive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$2.9B

212 positions

#17AEGON ASSET MANAGEMENT UK PLCActive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$9.4B

172 positions

#18Copley Financial Group, Inc.Active

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$165M

118 positions

#19Zurich Insurance Group Ltd/FIPassive

Slight overlap · 3 shared positions

$MS $TXN $KLAC

$14.4B

323 positions

#20Mn Services Vermogensbeheer B.V.Active

Slight overlap · 3 shared positions

$TXN $KLAC $MS

$13.4B

428 positions

#21Wall Street Financial Group, Inc.Passive

Slight overlap · 3 shared positions

$TXN $KLAC $MS

$187M

120 positions

#22Frec Markets, Inc.Passive

Slight overlap · 4 shared positions

$KLAC $APH $TXN $MS

$1.1B

905 positions

#23BRIGHT ROCK CAPITAL MANAGEMENT, LLCPassive

Slight overlap · 3 shared positions

$MS $TXN $APH

$529M

72 positions

#24VCI Wealth Management LLCPassive

Slight overlap · 3 shared positions

$MS $TXN $APH

$399M

99 positions

#25BSN Capital Partners LtdActive

Slight overlap · 3 shared positions

$MS $TXN $APH

$2.5B

18 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.