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 OAKTREE

13F Portfolio OverlapQ2 2026OAKTREE portfolio →

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Most similar hedge funds by 13F overlap

OAKTREE CAPITAL MANAGEMENT LP is an institutional investor managing $7.2B across 145 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 OAKTREE are Oaktree Fund Advisors, Alta Fundamental Advisers, Two Seas, with shared positions in $AU, $SE, $B, $ITUB, $FCX, $MMYT. The full ranking of 25 similar funds is below.

#1Oaktree Fund Advisors, LLCActive

Notable overlap · 9 shared positions

$AU $SE $B $ITUB $FCX $MMYT

$58M

14 positions

#2Alta Fundamental Advisers LLCActive

Notable overlap · 4 shared positions

$CORZ $INDV $EXE $LILA

$333M

26 positions

#3Two Seas Capital LPSmart money

Notable overlap · 4 shared positions

$CORZ $INDV $TLN $ECHO

$5.0B

47 positions

#4Glendon Capital Management LPSmart money

Notable overlap · 3 shared positions

$EXE $TLN $KRC

$773M

26 positions

#5OnyxPoint Global Management LPActive

Notable overlap · 5 shared positions

$CORZ $TLN $EXE $FCX $RIOT

$439M

34 positions

#6LONESTAR CAPITAL MANAGEMENT LLCActive

Notable overlap · 3 shared positions

$GTX $EXE $TLN

$345M

29 positions

#7Marnell Management LLCActive

Notable overlap · 4 shared positions

$TRMD $GTX $TLN $ECHO

$260M

69 positions

#8Opti Capital Management, LPActive

Notable overlap · 10 shared positions

$ETSY $BMRN $ENPH $DXCM $DKNG $TDOC

$1.6B

46 positions

#9APIS CAPITAL ADVISORS, LLCActive

Notable overlap · 4 shared positions

$GTX $TLN $RIOT $U

$1.0B

60 positions

#10Clearline Capital LPActive

Notable overlap · 4 shared positions

$CORZ $TLN $ECHO $BLCO

$1.7B

102 positions

#11DeepCurrents Investment Group LLCPassive

Notable overlap · 8 shared positions

$ETSY $SE $DXCM $DKNG $MMYT $RIOT

$3.3B

143 positions

#12TENOR CAPITAL MANAGEMENT Co., L.P.Passive

Notable overlap · 9 shared positions

$ETSY $BMRN $TDOC $BSY $U $DXCM

$7.1B

549 positions

#13CARRONADE CAPITAL MANAGEMENT, LPSmart money

Notable overlap · 5 shared positions

$TDS $TLN $VSAT $ECHO $CORZ

$5.8B

23 positions

#14VR Advisory Services LtdActive

Notable overlap · 4 shared positions

$CORZ $TDS $AERO $YPF

$1.1B

43 positions

#15P SCHOENFELD ASSET MANAGEMENT LPActive

Notable overlap · 3 shared positions

$CORZ $TLN $VSAT

$244M

34 positions

#16Carrhae Capital LLPSmart money

Notable overlap · 4 shared positions

$AU $SE $ITUB $MMYT

$3.6B

29 positions

#17Deltroit Asset Management (UK) LLPActive

Some overlap · 3 shared positions

$CORZ $TLN $LBTYA

$695M

34 positions

#18Beartown Capital Management, LLCActive

Some overlap · 3 shared positions

$CORZ $TDS $ECHO

$227M

41 positions

#19REDWOOD CAPITAL MANAGEMENT, LLCSmart money

Some overlap · 4 shared positions

$TDS $AERO $VSAT $ECHO

$927M

25 positions

#20ARISTEIA CAPITAL, L.L.C.Active

Some overlap · 6 shared positions

$CORZ $ENPH $DKNG $TDOC $TDS $RIOT

$7.7B

788 positions

#21SIR Capital Management, L.P.Active

Some overlap · 4 shared positions

$EXE $VNOM $FCX $ENPH

$870M

79 positions

#22CAMDEN ASSET MANAGEMENT L P /CAActive

Some overlap · 6 shared positions

$ETSY $BMRN $DXCM $TDOC $U $ENPH

$3.4B

73 positions

#23VPR Management LLCActive

Some overlap · 4 shared positions

$SE $ITUB $FCX $XP

$249M

66 positions

#24Rubric Capital Management LPActive

Some overlap · 4 shared positions

$TLN $LBTYA $LILA $TAC

$10.9B

87 positions

#25Sunstone Asset Management, L.P.Passive

Some overlap · 3 shared positions

$TDS $SE $U

$92M

57 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.