INTERACTIVE

The largest managers of hedge funds

Ranked by discretionary assets managed in hedge funds worldwide, in millions, as of June 30, 2018, unless otherwise noted.
RankManagerAssetsChange from 2017
1 Bridgewater Associates$132,7567.9%
2AQR Capital Mgmt.$83,7009.2%
3Man Group$59,10011.3%
4 Renaissance Technologies$57,00017.3%
5Two Sigma Inv./Two Sigma Advisers$38,8009.6%
6Millennium Mgmt.$35,3142.7%
7Elliott Management$35,0007.0%
8Marshall Wace$34,80045.5%
9Davidson Kempner Capital Mgmt.$31,40015.9%
10Baupost Group$31,000-0.3%
11Citadel1$30,02110.7%
13 BlackRock (BLK)$29,88230.3%
14D. E. Shaw Group$28,7904.7%
15Winton Capital Mgmt.$25,844-6.2%
16Farallon Capital Mgmt.$25,3006.3%
17Viking Global Investors2$25,00024.1%
18Canyon Capital3$24,50016.7%
12TCI Fund Mgmt.$19,80024.9%
19King Street Capital Mgmt.$18,8000.0%
20PIMCO$18,6507.5%
21York Capital Mgmt.$18,60011.4%
22Och-Ziff Capital Mgmt.$18,200-17.3%
23Third Point$17,6537.0%
24Element Capital Mgmt.3$17,500N/A
25Capula Investment Mgmt.$17,17115.2%
26Anchorage Capital Group$16,500-1.8%
27Cevian Capital$15,887-4.5%
28Appaloosa Mgmt.$15,100-11.2%
29Graham Capital Mgmt.$14,8835.7%
30Wellington Alt. Investments$14,165N/A
31Point72 Asset Mgmt.$13,000N/A
32Magnetar Capital$12,900-2.3%
33GoldenTree Asset Mgmt.$12,7145.9%
34Angelo, Gordon & Co.$12,7002.4%
35Nephila Capital$12,20016.7%
36Highfields Capital Mgmt.$12,100-6.2%
37Goldman Sachs Asset Mgmt.$11,115-0.8%
38BlueMountain Capital Mgmt.$11,000-22.5%
39Pharo Management3$10,000N/A
40Senator Investment Group$8,780-0.2%
41Carlson Capital$8,720-4.2%
42CQS$8,70031.6%
43Tiger Global Mgmt.$8,50021.4%
44Pershing Square2$8,314-20.1%
45Systematica Investments$8,300N/A
46Brevan Howard$7,740-34.8%
47Aspect Capital$7,65621.8%
48Taconic Capital Advisors1$7,10018.3%
49Waterfall Asset Mgmt.$6,6653.4%
50Cheyne Capital$6,59412.2%
51Varde Partners$6,582N/A
52Steadfast Capital Mgmt.$6,400N/A
53Solus Alternative Asset Mgmt.$6,145-3.0%
54PDT Partners$6,00020.0%
55Capstone Investment Advisors$5,81644.7%
56Graticule Asset Mgmt.Asia$5,700N/A
57Ellington Mgmt. Group$5,600N/A
58Greenlight Capital3$5,500-21.4%
59Contrarian Capital Mgmt.$5,27522.7%
61J.P. Morgan Asset Mgmt.$5,139-6.6%
62Eminence Capital2$5,0005.0%
63Autonomy Capital$4,700-2.1%
64Paloma Partners$4,600-13.2%
65Samlyn Capital$4,5000.0%
66Brigade Capital Mgmt.$4,486N/A
67Tilden Park Capital Mgmt.$4,2894.0%
68Napier Park Global Capital$4,24627.4%
69UBS O'Connor$4,205-17.8%
70HG Vora Capital Mgmt.$4,10028.1%
71Greywolf Capital Mgmt.$3,872N/A
72 Gramercy$3,751-3.4%
73La Francaise Inv. Solutions$3,70676.1%
74Empyrean Capital Partners$3,4808.8%
75Garda Capital Partners$3,46313.7%
76Highline Capital Mgmt.$3,078-14.9%
77Kepos Capital$3,000-3.2%
78Acadian Asset Mgmt.$2,979-3.8%
79Halcyon Capital Mgmt.$2,9007.4%
80LibreMax Capital$2,90026.1%
81TIG Advisors$2,900N/A
82Hudson Bay Capital Mgmt.$2,80016.7%
83Cartica Mgmt.$2,784N/A
84Perella Weinberg Partners1$2,768113.4%
85Ionic Capital Mgmt.$2,7008.0%
86Long Pond Capital$2,70020.8%
87Hildene Capital Mgmt.$2,626N/A
88Blue Harbour Group$2,584N/A
89EJF Capital$2,458N/A
90Wexford Capital$2,400N/A
93Shelter Growth Capital Partners$2,32259.2%
91DW Partners$2,300-25.8%
92MidOcean Credit Partners$2,300N/A
94400 Capital Mgmt.$2,00536.6%
95Strategic Value Partners$1,98810.4%
96Light Sky Macro$1,800N/A
97Quest Partners$1,683N/A
98Tricadia Capital Mgmt.$1,680N/A
60ZAIS Group$1,56825.4%
99Snow Lake Capital$1,500N/A
100Omni Partners4$1,44020.9%
101Gotham Asset Mgmt.$1,400-17.6%
102Saba Capital Mgmt.$1,400-6.7%
103Kingdon Capital Mgmt.$1,317-23.3%
104Light Street Capital$1,30539.9%
105Tourbillon Capital Partners$1,200N/A
106Argentem Creek Partners$1,125N/A
107Atlantic Investment Mgmt.$1,100-22.0%
108Seer Capital Mgmt.$1,100-3.5%
109Rubric Capital Mgmt.$1,076N/A
110Birch Grove Capital$9464.9%
111Medalist Partners$890N/A
112SECOR Capital Advisors$527N/A
113Haidar Capital Mgmt.$38727.9%
Notes: 1 Data as of July 1, 2018. 2 Data are from a company source, such as a website. 3 Data are from industry sources. 4 2017 hedge fund AUM is restated.
Source: Pensions & Investments survey, unless otherwise noted.