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 NOMURA

13F Portfolio OverlapQ2 2026NOMURA portfolio →

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Most similar hedge funds by 13F overlap

NOMURA HOLDINGS INC is an institutional investor managing $85.4B across 1,763 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 NOMURA are Bayesian, Aequim Alternative Investments, WHITEBOX ADVISORS, with shared positions in $BABA, $PEP, $APLD, $CTSH, $AXP, $PCG. The full ranking of 25 similar funds is below.

#1Bayesian Capital Management, LPPassive

Some overlap · 5 shared positions

$BABA $PEP $APLD $CTSH $AXP

$156M

223 positions

#2Aequim Alternative Investments LPActive

Some overlap · 4 shared positions

$BABA $PCG $WDC $MKSI

$6.4B

102 positions

#3WHITEBOX ADVISORS LLCPassive

Some overlap · 4 shared positions

$BABA $LITE $APLD $COIN

$7.7B

667 positions

#4DAVIDSON KEMPNER CAPITAL MANAGEMENT LPPassive

Some overlap · 3 shared positions

$BABA $MKSI $TMUS

$8.4B

241 positions

#5Portman Square Capital LLPActive

Some overlap · 3 shared positions

$BABA $PCG $WDC

$2.1B

94 positions

#6HELIOS CAPITAL MANAGEMENT PTE. LTDActive

Some overlap · 3 shared positions

$BABA $HON $HONA

$102M

26 positions

#7Maxi Investments CY LtdActive

Some overlap · 5 shared positions

$BABA $HON $HONA $DASH $VST

$494M

72 positions

#8Spear Advisors LLCActive

Some overlap · 4 shared positions

$LITE $WULF $MKSI $APLD

$291M

28 positions

#9MACKAY SHIELDS LLCActive

Some overlap · 4 shared positions

$LITE $MKSI $PCG $WDC

$3.0B

108 positions

#10CAMBIAR INVESTORS LLCActive

Some overlap · 5 shared positions

$PEP $HON $HONA $AXP $SYY

$2.3B

150 positions

#11Oasis Management Co Ltd.Smart money

Some overlap · 3 shared positions

$BABA $APLD $LITE

$1.9B

108 positions

#12Holowesko Partners Ltd.Active

Some overlap · 3 shared positions

$BABA $PEP $AXP

$395M

34 positions

#13Blue Whale Capital LLPActive

Some overlap · 3 shared positions

$HON $LITE $HONA

$3.2B

27 positions

#14MEYER HANDELMAN COPassive

Some overlap · 4 shared positions

$HON $PEP $HONA $SYY

$3.5B

274 positions

#15Stockman Wealth Management, Inc.Passive

Some overlap · 5 shared positions

$PEP $HON $HONA $AXP $SYY

$968M

178 positions

#16Volterra Technologies LPPassive

Some overlap · 4 shared positions

$PEP $LITE $TMUS $PCG

$694M

303 positions

#17Tricadia Capital Management, LLCActive

Some overlap · 3 shared positions

$HON $WULF $HONA

$162M

24 positions

#18Haverford Financial Services, Inc.Active

Some overlap · 3 shared positions

$HON $PEP $HONA

$339M

49 positions

#19Signet Investment Advisory Group, Inc.Passive

Some overlap · 4 shared positions

$HON $PEP $HONA $AXP

$227M

73 positions

#20Shay Capital LLCPassive

Some overlap · 4 shared positions

$HON $BABA $APLD $HONA

$1.6B

482 positions

#21Caption Management, LLCPassive

Some overlap · 5 shared positions

$LITE $WULF $MKSI $COIN $VST

$21.5B

1,595 positions

#22Vickerman Investment Advisors, Inc.Active

Some overlap · 4 shared positions

$PEP $HON $TMUS $HONA

$515M

100 positions

#23Value Aligned Research Advisors, LLCActive

Some overlap · 4 shared positions

$LITE $WULF $WDC $APLD

$40.1B

123 positions

#24Bull Street Advisors, LLCPassive

Some overlap · 5 shared positions

$PEP $HON $HONA $AXP $SYY

$219M

95 positions

#25CMT Capital Markets Trading GmbHActive

Some overlap · 4 shared positions

$BABA $COIN $AXP $TMUS

$11.8B

385 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.