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 Third Point

13F Portfolio OverlapQ2 2026Third Point portfolio →

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Most similar hedge funds by 13F overlap

Third Point LLC is an institutional investor managing $4.7B across 43 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 Third Point are Symmetry Investments, Melqart Asset (UK) Ltd, DENDUR, with shared positions in $WBD, $NSC, $UNP, $ASML, $SPCX, $ARES. The full ranking of 25 similar funds is below.

#1Symmetry Investments LPActive

Notable overlap · 5 shared positions

$WBD $NSC $UNP $ASML $SPCX

$1.5B

152 positions

#2Melqart Asset Management (UK) LtdActive

Notable overlap · 4 shared positions

$WBD $NSC $ASML $ARES

$1.1B

40 positions

#3DENDUR CAPITAL LPActive

Notable overlap · 6 shared positions

$LYV $WBD $HUT $UNP $TTMI $WOLF

$1.9B

24 positions

#4Birnam Oak Advisors, LPActive

Notable overlap · 3 shared positions

$WBD $NSC $COF

$616M

40 positions

#5Governors Lane LPPassive

Notable overlap · 6 shared positions

$WBD $NSC $COF $ASML $SGI $DHR

$1.2B

203 positions

#6P SCHOENFELD ASSET MANAGEMENT LPActive

Notable overlap · 3 shared positions

$WBD $NSC $CORZ

$244M

34 positions

#7LONE PINE CAPITAL LLCActive

Notable overlap · 7 shared positions

$HUT $CRS $MTZ $TTMI $PFGC $ASML

$16.4B

34 positions

#8Pentwater Capital Management LPActive

Notable overlap · 4 shared positions

$WBD $NSC $SPCX $CORZ

$16.4B

90 positions

#9140 Summer Partners LPActive

Notable overlap · 4 shared positions

$SGI $COF $TDS $MTZ

$1.4B

22 positions

#10Select Equity Group, L.P.Active

Notable overlap · 4 shared positions

$LYV $SGI $CRH $TDG

$20.2B

157 positions

#11STEADFAST CAPITAL MANAGEMENT LPActive

Notable overlap · 4 shared positions

$SGI $LYV $COF $HUT

$3.3B

84 positions

#12Boussard & Gavaudan Investment Management LLP

Notable overlap · 3 shared positions

$WBD $NSC $LYV

$1.1B

89 positions

#13Empyrean Capital Partners, LPPassive

Notable overlap · 5 shared positions

$NSC $COF $UNP $SGI $WBD

$3.0B

122 positions

#14M.D. Sass, LLCActive

Notable overlap · 4 shared positions

$SGI $COF $APG $DHR

$1.5B

39 positions

#15Highlander Partners, L.P.Smart money

Notable overlap · 3 shared positions

$KEYS $SGI $DHR

$298M

44 positions

#16Findlay Park Partners LLPActive

Notable overlap · 4 shared positions

$CRH $LYV $APG $KEYS

$7.4B

49 positions

#17Avantyr Capital Partners, LPActive

Notable overlap · 5 shared positions

$SGI $COF $UNP $SPCX $WOLF

$2.7B

24 positions

#18Newbrook Capital Advisors LPActive

Notable overlap · 3 shared positions

$WBD $HUT $MTZ

$741M

14 positions

#19HBK INVESTMENTS L PActive

Notable overlap · 3 shared positions

$WBD $NSC $SPCX

$10.2B

276 positions

#20MAPLELANE CAPITAL, LLCActive

Notable overlap · 6 shared positions

$LYV $TTMI $SGI $MTZ $ASML $SPCX

$5.5B

86 positions

#21Forest Avenue Capital Management LPActive

Notable overlap · 3 shared positions

$SGI $CRS $MTZ

$2.4B

24 positions

#22HILLMAN COActive

Notable overlap · 3 shared positions

$CRH $MTZ $UNP

$283M

14 positions

#23TIG Advisors, LLCActive

Notable overlap · 3 shared positions

$WBD $NSC $SGI

$2.3B

109 positions

#24Greenland Capital Management LPPassive

Notable overlap · 3 shared positions

$WBD $NSC $RIOT

$812M

296 positions

#25Electron Capital Partners, LLCActive

Notable overlap · 4 shared positions

$FLEX $KEYS $MTZ $WOLF

$2.5B

46 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.