What hedge funds are most similar to Northwest & Ethical Investments L.P.?

The funds with the most similar 13F portfolios to Northwest & Ethical Investments L.P. are BANK OF NOVA SCOTIA, 1832 Asset, MUFG SECURITIES (CANADA), LTD., based on overlapping conviction holdings in the latest SEC filings.

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 Northwest & Ethical Investments

13F Portfolio OverlapQ2 2026Northwest & Ethical Investments portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

Northwest & Ethical Investments L.P. is an institutional investor managing $4.3B across 522 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 Northwest & Ethical Investments are BANK OF NOVA SCOTIA, 1832 Asset, MUFG SECURITIES (CANADA), LTD., with shared positions in $RY, $TD, $WCN, $CNI, $CP, $ENB. The full ranking of 25 similar funds is below.

#1BANK OF NOVA SCOTIA TRUST COActive

Notable overlap · 13 shared positions

$RY $TD $WCN $CNI $CP $ENB

$1.2B

173 positions

#21832 Asset Management L.P.Smart money

Notable overlap · 12 shared positions

$RY $TD $WCN $CNI $CP $ENB

$199.4B

630 positions

#3MUFG SECURITIES (CANADA), LTD.Active

Notable overlap · 12 shared positions

$RY $TD $WCN $CNI $CP $ENB

$3.7B

43 positions

#4Fiera Capital CorpActive

Notable overlap · 11 shared positions

$RY $KLAC $WCN $CNI $TD $LIN

$27.6B

401 positions

#5TD ASSET MANAGEMENT INCPassive

Notable overlap · 12 shared positions

$RY $TD $CNI $CP $ENB $BN

$115.4B

1,216 positions

#6Gold Investment Management Ltd.Passive

Notable overlap · 11 shared positions

$RY $TD $CNI $KLAC $CP $ENB

$369M

202 positions

#7Federation des caisses Desjardins du QuebecPassive

Notable overlap · 11 shared positions

$RY $TD $CNI $CP $ENB $BN

$32.7B

3,021 positions

#8GUARDIAN CAPITAL LPActive

Notable overlap · 11 shared positions

$RY $TD $CNI $CP $ENB $BN

$4.1B

174 positions

#9Addenda Capital Inc.Active

Notable overlap · 10 shared positions

$RY $TD $CNI $WCN $CP $ENB

$3.7B

128 positions

#10MACKENZIE FINANCIAL CORPPassive

Notable overlap · 11 shared positions

$RY $TD $CNI $CP $ENB $BN

$101.2B

1,554 positions

#11SIG North Trading, ULCActive

Notable overlap · 11 shared positions

$RY $TD $CNI $ENB $CP $BN

$5.4B

286 positions

#12CIBC Asset Management IncPassive

Notable overlap · 10 shared positions

$RY $TD $CNI $CP $ENB $BN

$45.6B

1,428 positions

#13SCOTIA CAPITAL INC.Active

Notable overlap · 10 shared positions

$RY $TD $CNI $CP $ENB $BN

$26.8B

915 positions

#14CIBC WORLD MARKET INC.Passive

Notable overlap · 10 shared positions

$RY $TD $CNI $CP $ENB $BN

$62.3B

1,540 positions

#15Connor, Clark & Lunn Investment Management Ltd.Passive

Notable overlap · 10 shared positions

$RY $TD $CNI $CP $ENB $SHOP

$52.8B

1,622 positions

#16TD Waterhouse Canada Inc.Passive

Notable overlap · 10 shared positions

$RY $TD $CNI $CP $ENB $BN

$38.0B

2,405 positions

#17BCV Asset Management Inc.Active

Notable overlap · 10 shared positions

$RY $WCN $NEE $CNI $CP $BN

$3.3B

116 positions

#18Murchinson Ltd.Passive

Notable overlap · 10 shared positions

$RY $TD $CNI $CP $ENB $BN

$725M

125 positions

#19PCJ Investment Counsel Ltd.Passive

Notable overlap · 9 shared positions

$RY $TD $CNI $CP $ENB $BN

$348M

62 positions

#20QV Investors Inc.Active

Notable overlap · 9 shared positions

$RY $TD $CNI $CP $ENB $BN

$1.3B

68 positions

#21FIL LtdPassive

Notable overlap · 9 shared positions

$RY $TD $CNI $CP $LIN $SHOP

$139.3B

1,144 positions

#22ROYAL BANK OF CANADAPassive

Notable overlap · 10 shared positions

$RY $TD $ENB $CP $BN $BMO

$671.5B

7,605 positions

#23CIDEL ASSET MANAGEMENT INCPassive

Notable overlap · 8 shared positions

$RY $TD $WCN $CNI $CP $BMO

$2.1B

480 positions

#24BRITISH COLUMBIA INVESTMENT MANAGEMENT CorpActive

Notable overlap · 10 shared positions

$RY $TD $ENB $BN $SHOP $BMO

$16.0B

663 positions

#25PICTON MAHONEY ASSET MANAGEMENTPassive

Notable overlap · 9 shared positions

$RY $TD $CP $ENB $BN $SHOP

$13.5B

1,378 positions

Compare Northwest & Ethical Investments’s portfolio side by side

See the exact shared positions, conviction overlap, sector alignment, and where these funds diverge — and run the same analysis on any of 8,700+ institutions.

View Northwest & Ethical Investments’s holdings

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.