What hedge funds are most similar to Pentwater Capital Management LP?

The funds with the most similar 13F portfolios to Pentwater Capital Management LP are Twin Securities, Kryger, HARVEST, 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 Pentwater

13F Portfolio OverlapQ2 2026Pentwater portfolio →

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Most similar hedge funds by 13F overlap

Pentwater Capital Management LP is an institutional investor managing $16.4B across 90 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 Pentwater are Twin Securities, Kryger, HARVEST, with shared positions in $EA, $WBD, $KVUE, $ROKU, $APGE, $OGN. The full ranking of 25 similar funds is below.

#1Twin Securities, Inc.Active

Highly similar · 8 shared positions

$EA $WBD $KVUE $ROKU $APGE $OGN

$223M

13 positions

#2Kryger Capital LLCActive

Highly similar · 15 shared positions

$EA $KVUE $WBD $NSC $ROKU $CZR

$1.8B

109 positions

#3HARVEST MANAGEMENT LLCActive

Substantial overlap · 13 shared positions

$EA $WBD $NSC $APGE $NUVL $PSKY

$254M

64 positions

#4HBK INVESTMENTS L PActive

Substantial overlap · 14 shared positions

$EA $NSC $KVUE $WBD $TECK $ROKU

$10.2B

276 positions

#5Birnam Oak Advisors, LPActive

Substantial overlap · 10 shared positions

$WBD $KVUE $NSC $ROKU $ECHO $TXNM

$616M

40 positions

#6TIG Advisors, LLCActive

Substantial overlap · 18 shared positions

$NSC $WBD $ROKU $KVUE $EA $CZR

$2.3B

109 positions

#7WATER ISLAND CAPITAL LLCActive

Substantial overlap · 19 shared positions

$EA $WBD $NSC $TXNM $CZR $ROKU

$1.1B

85 positions

#8Westchester Capital Management, LLCPassive

Substantial overlap · 10 shared positions

$EA $WBD $NSC $ROKU $CZR $DBRG

$2.0B

310 positions

#9SYQUANT CAPITAL SASActive

Substantial overlap · 3 shared positions

$EA $WBD $DBRG

$447M

38 positions

#10ALPINE ASSOCIATES MANAGEMENT INC.Active

Substantial overlap · 17 shared positions

$NSC $KVUE $EA $WBD $ROKU $D

$1.6B

66 positions

#11Sand Grove Capital Management LLPActive

Substantial overlap · 9 shared positions

$WBD $NSC $EA $ROKU $TXNM $NUVL

$383M

14 positions

#12Melqart Asset Management (UK) LtdActive

Substantial overlap · 8 shared positions

$WBD $EA $NSC $TXNM $CZR $APGE

$1.1B

40 positions

#13GABELLI & Co INVESTMENT ADVISERS, INC.Passive

Substantial overlap · 17 shared positions

$EA $WBD $TXNM $KVUE $NSC $ROKU

$688M

316 positions

#14PSquared Asset Management AG

Substantial overlap · 4 shared positions

$EA $WBD $NSC $TXNM

$306M

18 positions

#15Athos Capital LtdActive

Substantial overlap · 10 shared positions

$WBD $NSC $KVUE $TXNM $CZR $ROKU

$282M

38 positions

#16P SCHOENFELD ASSET MANAGEMENT LPActive

Substantial overlap · 11 shared positions

$WBD $EA $ROKU $NSC $KVUE $OGN

$244M

34 positions

#17Fort Baker Capital Management LPActive

Substantial overlap · 6 shared positions

$WBD $EA $NSC $CZR $LBRDA $AES

$1.4B

121 positions

#18AQR Arbitrage LLCPassive

Substantial overlap · 16 shared positions

$EA $NSC $KVUE $WBD $TECK $ROKU

$7.0B

634 positions

#19Kintayl Capital LPPassive

Substantial overlap · 15 shared positions

$EA $KVUE $ROKU $NSC $D $TXNM

$252M

61 positions

#20Symmetry Investments LPActive

Substantial overlap · 6 shared positions

$WBD $NSC $BA $APGE $ECHO $SPCX

$1.5B

152 positions

#21CAXTON ASSOCIATES LLPPassive

Substantial overlap · 8 shared positions

$WBD $NSC $TECK $KVUE $EA $TXNM

$5.3B

730 positions

#22Slotnik Capital, LLCActive

Notable overlap · 10 shared positions

$KVUE $WBD $ROKU $NSC $APGE $NUVL

$387M

28 positions

#23Greenland Capital Management LPPassive

Notable overlap · 8 shared positions

$WBD $EA $NSC $D $PSKY $ECHO

$812M

296 positions

#24NEXPOINT ASSET MANAGEMENT, L.P.Active

Notable overlap · 9 shared positions

$EA $WBD $TXNM $ROKU $OGN $APGE

$1.5B

70 positions

#25Governors Lane LPPassive

Notable overlap · 5 shared positions

$NSC $WBD $EA $TXNM $AES

$1.2B

203 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.