INTERACTIVE

The largest managers of hedge funds

Ranked by discretionary assets managed in hedge funds worldwide, in millions, as of June 30, 2017.
RankManagerAssetsChange
from
2016
1 Bridgewater Associates$123,000 19.5%
2AQR Capital Mgmt.$76,619 21.6%
3Man Group$53,100 14.7%
4 Renaissance Technologies$48,600 51.9%
5Two Sigma $35,400 28.3%
6Millennium Mgmt.$34,373 3.2%
7Elliott Mgmt.$32,700 13.4%
8Baupost Group$31,100 6.5%
9 BlackRock (BLK)$27,615 -3.4%
10Winton Capital Mgmt.$27,559 -16.6%
11D.E. Shaw Group$27,486 1.7%
12Citadel $27,107 12.9%
13Davidson Kempner Cap. Mgmt.$27,100 7.3%
14Marshall Wace$23,913 4.0%
15Farallon Capital Mgmt.$23,800 13.3%
16Och-Ziff Capital Mgmt.$22,000 -15.7%
17Canyon Capital Advisors2$21,000 47.9%
18Viking Global Investors $20,143 1.8%
19King Street Capital Mgmt.$18,800 -1.1%
20PIMCO$17,352 2.2%
21Appaloosa Mgmt.$17,000 N/A
22Anchorage Capital Group$16,800 7.7%
23York Capital Mgmt.$16,700 -8.7%
24Cevian Capital$16,627 31.8%
25Third Point $16,500 N/A
26TCI Fund Mgmt.$15,854 26.8%
27Capula Investment Mgmt.$14,900 5.7%
28Pershing Square Holdings$14,796 N/A
29BlueMountain Capital Mgmt. $14,200 0.7%
30Graham Capital Mgmt.$14,086 11.2%
31Magnetar Capital$13,200 0.0%
32Highfields Capital Mgmt.$12,900 5.7%
33Fortress Inv. Group$12,868 -5.3%
34Angelo, Gordon & Co.$12,400 2.5%
35GoldenTree Asset Mgmt.$12,010 3.9%
36Brevan Howard Asset Mgmt.$11,873 -38.8%
37Glenview Capital Mgmt.$11,476 21.3%
38Goldman Sachs Asset Mgmt.$11,200 -13.8%
39PointState Capital$10,600 4.0%
40Nephila Capital $10,450 4.7%
41Fir Tree Partners$9,539 -0.6%
42Carlson Capital$9,100 8.9%
43Marathon Asset Mgmt.$8,820 1.4%
44Senator Investment Group$8,800 3.7%
45Greenlight Capital$7,000 -18.6%
46Tiger Global Mgmt.$7,000 18.6%
47CQS4$6,612 9.2%
48Waterfall Asset Mgmt. $6,447 53.5%
49Solus Alternative Asset Mgmt.$6,338 25.8%
50Aspect Capital$6,288 6.5%
51Taconic Capital Advisors$6,000 -3.1%
52Cheyne Capital$5,879 N/A
53Ellington Mgmt. Group$5,500 3.8%
54J.P. Morgan Asset Mgmt.5$5,500 -9.2%
55MKP Capital Mgmt.$5,322 -28.0%
56Paloma Partners$5,300 0.0%
57UBS O'Connor3$5,113 -8.7%
58PDT Partners$5,000 0.0%
59Autonomy Capital$4,800 37.1%
60Eminence Capital$4,763 N/A
61Pine River Capital Mgmt.$4,589 -43.3%
62Samlyn Capital$4,500 -10.0%
63Contrarian Capital Mgmt.$4,300 36.9%
64Tilden Park Capital Mgmt.$4,124 6.8%
65Capstone Investment Advisors$4,019 47.1%
66 Gramercy Funds Mgmt.$3,883 -1.8%
67 Neuberger Berman Group $3,856 N/A
68Highline Capital Mgmt.$3,615 26.6%
69Napier Park Global Capital$3,332 77.1%
70Empyrean Capital Partners$3,200 N/A
71HG Vora Capital Mgmt.$3,200 33.3%
72Valinor Capital Mgmt.$3,200 N/A
73DW Partners$3,100 -24.4%
74Kepos Capital$3,100 40.9%
75Acadian Asset Mgmt.$3,097 51.3%
76Garda Capital Partners $3,046 21.5%
77Hutchin Hill Capital$3,000 -18.9%
78Halcyon Capital Mgmt.$2,700 N/A
79Ionic Capital Mgmt.$2,500 -7.4%
80Ivory Investment Mgmt.$2,500 -16.4%
81Hudson Bay Capital Mgmt.$2,400 -11.1%
82Tricadia Capital Mgmt.$2,400 -22.6%
83LibreMax Capital$2,300 -4.2%
84Long Pond Capital$2,236 N/A
85La Francaise Inv. Solutions$2,104 N/A
86Finisterre Capital $1,953 5.6%
87Structured Portfolio Mgmt.$1,920 -9.4%
88Cadian Capital Mgmt.$1,800 N/A
89Strategic Value Partners3$1,800 20.0%
90Kingdon Capital Mgmt.$1,717 -16.8%
91Gotham Asset Mgmt.$1,700 N/A
92Salient$1,662 -6.7%
93Polygon Global Partners $1,601 N/A
94Saba Capital Mgmt.$1,500 -11.8%
95400 Capital Mgmt.$1,468 -0.5%
96Shelter Growth Cap. Partners$1,442 N/A
97Atlantic Investment Mgmt.$1,411 N/A
98Atreaus Capital Mgmt.$1,400 0.0%
99Three Bays Capital$1,400 -12.5%
100Senvest Mgmt. $1,330 37.0%
101Perella Weinberg Partners1$1,297 15.3%
102Candlewood Investment Group$1,289 N/A
103ZAIS Group $1,250 N/A
104Seer Capital Mgmt.$1,140 -30.1%
105Brenner West Capital Partners$1,120 -14.2%
106Warlander Asset Mgmt.$1,100 N/A
107Highland Capital Mgmt.$955 -10.0%
108LightStreet Capital Mgmt.$933 N/A
109Birch Grove Capital $902 13.2%
110 Martin Currie Inv. Mgmt.$700 N/A
111Omni Partners $492 N/A
112Nut Tree Capital Mgmt.$422 N/A
113Haidar Capital Mgmt.$303 N/A
Notes: 1 Data as of March 31, 2017. 2 Data as of April 1, 2017, from industry sources. 3 Data as of July 1, 2017. 4 CQS' 2017 AUM excludes non-hedge fund assets which were included in the 2016 survey data. 2016 AUM has been restated for comparison. 5 J.P. Morgan's 2017 AUM excludes wealth management assets which were included in the firm's 2016 P&I survey data. 2016 AUM has been restated for comparison.
Source: Pensions & Investments survey, unless noted