September 16, 2013 01:00 AM

The largest hedge fund managers

Ranked by assets managed worldwide in hedge funds, in millions, as of June 30, 2013.

Rank	Manager	Assets	Change from 2012
1	Bridgewater Associates	$81,900	8.8%
2	Man Group	$40,300	-2.7%
3	Brevan Howard Capital Mgmt.	$39,733	8.3%
4	BlueCrest Capital Mgmt.1	$36,700	18.1%
5	Och-Ziff Capital Mgmt. Group	$36,567	22.2%
6	BlackRock	$28,693	18.8%
7	Baupost Group2	$28,086	21.3%
8	Credit Suisse Asset Mgmt.3	$24,603	30.5%
9	AQR Capital Mgmt.	$24,200	6.6%
10	Winton Capital Mgmt.	$23,961	-15.5%
11	Renaissance Technologies	$23,500	6.3%
12	Canyon Capital Advisors4	$22,600	58.0%
13	The D. E. Shaw Group	$22,224	18.4%
14	J.P. Morgan Asset Mgmt.	$22,039	-23.6%
15	Elliott Mgmt.	$22,000	9.2%
16	Lone Pine Capital2	$21,959	14.4%
17	Davidson Kempner4	$21,500	10.2%
18	Viking Global Investors2	$20,216	29.6%
19	Farallon Capital Mgmt.	$19,000	-4.0%
20	King Street Capital Mgmt.	$18,300	5.2%
21	Millennium Mgmt.	$18,120	15.4%
22	Paulson & Co.	$17,156	-18.3%
23	PIMCO	$15,402	52.5%
24	York Capital Mgmt.2	$15,000	20.0%
25	Citadel	$14,700	18.8%
26	Goldman Sachs Asset Mgmt.	$14,500	-4.6%
27	Appaloosa Mgmt.2	$14,389	2.8%
28	S.A.C. Capital Advisors2	$13,971	7.1%
29	Pershing Square Capital Mgmt.2	$13,199	16.9%
30	BlueMountain Capital Mgmt.	$13,136	78.0%
31	Fortress Investment Group	$12,221	19.1%
32	Avenue Capital Group	$12,206	7.2%
33	Moore Capital Mgmt.	$12,122	-19.2%
34	Lansdowne Partners2	$12,086	13.0%
35	Third Point Partners 2	$11,800	35.6%
36	CQS	$11,700	3.1%
37	Marshall Wace4	$11,300	71.2%
38	Tiger Global Mgmt.2	$11,280	-18.1%
39	Tudor Investment Corp.2	$11,246	1.6%
40	Black Diamond Capital Mgmt.2	$11,158	-1.2%
41	ValueAct Capital2	$11,000	41.0%
42	Anchorage Capital Group	$10,300	1.0%
43	Fir Tree Partners	$10,083	28.1%
44	Eton Park Capital Mgmt.	$10,000	-9.1%
45	Cevian Capital	$9,775	40.9%
46	Odey Asset Mgmt.2	$9,690	54.5%
47	Capula Investment Mgmt.	$9,600	-26.2%
48	Magnetar Capital 3	$9,100	1.1%
49	Nephila Capital	$9,010	N/A
50	Maverick Capital Mgmt.1	$9,000	11.1%
51	Two Sigma Investments	$9,000	13.9%
52	Pine River Capital Mgmt.	$8,993	46.5%
53	Greenlight Capital	$8,800	14.3%
54	Discovery Capital Mgmt.4	$8,400	25.9%
55	Marathon Asset Mgmt.	$8,165	-35.6%
56	Mason Capital Mgmt.4	$7,900	-1.8%
57	Caxton Associates	$7,500	-36.9%
58	GoldenTree Asset Mgmt.	$7,442	3.4%
59	Coatue Mgmt.	$7,400	31.0%
60	Omega Advisors2	$7,400	15.6%
61	MKP Capital Mgmt.	$7,361	53.4%
62	Graham Capital Mgmt.	$7,302	-4.3%
63	Polar Capital2	$7,210	70.1%
64	Claren Road Asset Mgmt.2	$7,051	-0.2%
65	Blue Ridge Capital Mgmt.2 4	$7,050	7.9%
66	Carlson Capital	$7,045	8.4%
67	Aspect Capital2	$6,700	-1.4%
68	Taconic Capital Advisors 2	$6,700	-18.7%
69	Glenview Capital Mgmt.	$6,423	N/A
70	Scout Capital Mgmt.	$6,300	37.0%
71	Ramius	$6,101	13.5%
72	Halcyon Asset Mgmt.	$6,100	32.6%
73	JANA Partners	$5,820	80.4%
74	Brigade Capital Mgmt.	$5,383	-1.6%
75	Indus Capital Partners	$5,357	30.9%
76	UBS Global Asset Mgmt.1	$5,232	-13.1%
77	Black River Asset Mgmt.	$5,200	26.8%
78	SABA Capital Mgmt.	$5,180	-7.5%
79	Cheyne Capital	$5,161	N/A
80	Senator Investment Group	$5,151	43.3%
81	Structured Portfolio Mgmt.2	$5,060	19.5%
82	Trian Fund Mgmt.2	$5,000	26.3%
83	Visium Asset Mgmt.	$4,900	40.0%
84	QVT Financial2	$4,758	-12.7%
85	Partner Fund Mgmt.	$4,499	N/A
86	Ellington Mgmt. Group	$4,300	N/A
87	Oxford Asset Mgmt.2	$4,180	N/A
88	Aurelius Capital Mgmt.	$4,075	N/A
89	GSO Capital Partners1	$4,000	11.0%
90	Mariner Investment Group4	$4,000	-14.9%
91	COMAC Capital2	$3,784	-27.7%
92	Scopia Capital Mgmt.	$3,770	38.1%
93	Samlyn Capital	$3,450	-32.4%
94	Tricadia Capital Mgmt.	$3,404	N/A
95	Autonomy Capital	$3,300	22.2%
96	Harbinger Capital Partners2	$3,104	8.8%
97	Astenbeck Capital Mgmt.2	$3,095	-6.7%
98	Passport Capital	$3,000	-16.7%
99	LibreMax Capital	$2,872	N/A
100	Vermillion Asset Mgmt.2	$2,794	-2.7%
101	Ascend Capital	$2,675	-18.9%
102	Czech Asset Mgmt.	$2,500	127.3%
103	Kingdon Capital Mgmt.	$2,491	-0.4%
104	Gramercy	$2,404	19.9%
105	Capstone Investment Advisors	$2,365	38.3%
106	Prologue Capital	$2,301	36.2%
107	PDT Partners	$2,300	N/A
108	Everest Capital2	$2,269	49.2%
109	Conatus Capital Mgmt.2	$2,251	N/A
110	Perella Weinberg Partners Capital Mgmt.	$2,228	N/A
111	P. Schoenfeld Asset Mgmt.	$2,200	27.5%
112	Wexford Capital	$2,200	N/A
113/td>	Whitebox Advisors1	$2,200	N/A
114	Highland Capital Mgmt.	$2,173	39.0%
115	Premium Point Investments	$2,028	N/A
116	Seer Capital Mgmt.	$1,980	N/A
117	Aquila Capital Concepts	$1,956	N/A
118	Paloma Partners	$1,900	0.0%
119	Ivory Capital	$1,807	N/A
120	Highline Capital Mgmt.	$1,800	0.0%
121	Kepos Capital	$1,793	N/A
122	Solus Alternative Asset Mgmt.	$1,740	-8.4%
123	Finisterre Capital	$1,672	11.5%
124	Hudson Bay Capital Mgmt.	$1,550	14.7%
125	Ospraie Mgmt.	$1,500	0.0%
126	JAT Capital Mgmt.2	$1,376	-43.8%
127	Columbus Hill Capital Mgmt.	$1,322	N/A
128	TIG Advisors	$1,230	N/A
129	Watershed Asset Mgmt.	$1,200	-7.7%
130	Starboard Value2	$1,175	13.5%
131	Peak6 Advisors2	$1,146	N/A
132	Hutchin Hill Capital	$1,000	-9.1%
	Total	$1,285,234	15.2%
Notes: 1 Company information; 2 2013 assets are discretionary assets from the most recent SEC ADV; may include non-hedge fund assets; 3 2012 asset figure is restated; 4 Hedge fund databases.
Source: Pensions & Investments survey, unless otherwise noted