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 PECAUT

13F Portfolio OverlapQ2 2026PECAUT portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

PECAUT & CO. is an institutional investor managing $328M across 65 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 PECAUT are HORIZON KINETICS ASSET, EagleClaw Managment, MAD RIVER INVESTORS, with shared positions in $TPL, $WBI, $ICE, $WPM, $LB, $MSB. The full ranking of 25 similar funds is below.

#1HORIZON KINETICS ASSET MANAGEMENT LLCSmart money

Notable overlap · 11 shared positions

$TPL $WBI $ICE $WPM $LB $MSB

$8.8B

351 positions

#2EagleClaw Capital Managment, LLCPassive

Notable overlap · 7 shared positions

$TPL $LOW $ICE $WPM $LB $WBI

$745M

145 positions

#3MAD RIVER INVESTORSSmart money

Notable overlap · 7 shared positions

$TPL $WBI $WPM $LB $MSB $HE

$268M

30 positions

#4PROMETHIUM ADVISORS,LLCPassive

Notable overlap · 7 shared positions

$TPL $CASY $WBI $ICE $LB $AXP

$208M

122 positions

#5SCHWARTZ INVESTMENT COUNSEL INCActive

Notable overlap · 4 shared positions

$TPL $LOW $WBI $LB

$3.0B

138 positions

#6Atlas Wealth Partners, LLCActive

Notable overlap · 5 shared positions

$TPL $WPM $LB $WBI $HE

$92M

64 positions

#7MSRH, LLC

Notable overlap · 6 shared positions

$TPL $LB $MSB $HE $WBI $WPM

$113M

29 positions

#8One Charles Private Wealth Services, LLCPassive

Notable overlap · 3 shared positions

$TPL $LB $GLDM

$434M

176 positions

#9GREATMARK INVESTMENT PARTNERS, INC.Active

Notable overlap · 4 shared positions

$AN $LOW $AXP $BLDR

$906M

153 positions

#10TMB Capital Partners, LLCPassive

Some overlap · 4 shared positions

$TPL $LOW $WPM $UNP

$321M

177 positions

#11PKS Advisory Services, LLCPassive

Some overlap · 4 shared positions

$TPL $LB $WPM $PHYS

$627M

380 positions

#12PRING TURNER CAPITAL GROUP INCPassive

Some overlap · 4 shared positions

$TPL $AXP $WPM $UNP

$175M

73 positions

#13Mountain Lake Investment Management LLCActive

Some overlap · 5 shared positions

$AN $BLDR $NRP $PHYS $TFPM

$161M

31 positions

#14Fielder Capital Group LLCPassive

Some overlap · 3 shared positions

$TPL $WPM $AXP

$462M

303 positions

#15BRIDGES INVESTMENT MANAGEMENT INCActive

Some overlap · 5 shared positions

$CASY $LOW $URI $UNP $ICE

$8.2B

401 positions

#16American Money Management, LLCPassive

Some overlap · 3 shared positions

$TPL $ICE $UNP

$700M

174 positions

#17DILLON & ASSOCIATES INCActive

Some overlap · 5 shared positions

$LOW $CASY $AXP $SBUX $CNI

$817M

80 positions

#18Maj Invest Holding A/SActive

Some overlap · 3 shared positions

$LOW $AXP $UNP

$2.2B

40 positions

#19CHATHAM CAPITAL GROUP, INC.Passive

Some overlap · 5 shared positions

$GLDM $AXP $LOW $ICE $UNP

$783M

200 positions

#20Eley Financial Management, IncPassive

Some overlap · 3 shared positions

$LOW $URI $UNP

$309M

72 positions

#21Moors & Cabot, Inc.Passive

Some overlap · 3 shared positions

$TPL $LB $URI

$2.6B

961 positions

#22Advantage Trust CoActive

Some overlap · 3 shared positions

$TPL $UNP $SBUX

$284M

197 positions

#23Shelter Mutual Insurance CoActive

Some overlap · 3 shared positions

$LOW $AXP $UNP

$473M

58 positions

#24Vertrix Wealth Management, LLCPassive

Some overlap · 3 shared positions

$LOW $AXP $SBUX

$297M

103 positions

#25SUMMITRY LLCPassive

Some overlap · 3 shared positions

$LOW $SBUX $CNI

$3.0B

340 positions

Compare PECAUT’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 PECAUT’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.