Based on SEC ADV filings, in millions, as of Dec. 31, 2014.
ADV Part 5
ADV Part 2A
Regulatory assets
Discretionary assets
Rank
Manager
Total
Discretionary
Total
Net
1
Tiger Global Mgmt.1
$35,019
$35,019
$25,615
2
GSO Capital Partners
$33,200
$27,700
$27,700
3
Lansdowne Partners (UK)
$32,401
$32,401
$17,212
4
Baupost Group
$31,729
$31,729
$31,729
5
Discovery Capital Mgmt.
$31,583
$31,583
$31,583
6
Brigade Capital Mgmt.
$19,604
$19,604
$19,604
7
ValueAct Capital Mgmt.2
$19,423
$19,423
$19,423
8
Gotham Asset Mgmt.
$17,665
$17,665
$17,665
9
Coatue Mgmt.
$17,009
$17,009
$9,423
10
Odey Asset Mgmt.3
$15,994
$15,994
$12,600
$4,400
11
Polar Capital4
$12,784
$12,784
$12,260
12
Oxford Asset Mgmt.4
$12,600
$12,600
$4,400
13
Cheyne Capital Mgmt.5
$11,780
$11,780
$11,780
14
Omega Advisors
$11,208
$11,208
$11,208
15
Caxton Associates
$11,166
$11,166
$11,166
16
Baker Brothers Investments
$10,993
$10,933
$10,993
17
Mason Capital Mgmt.
$10,074
$10,074
$12,710
18
Whitebox Advisors
$8,430
$8,430
$8,430
19
Black Diamond Capital Mgmt.
$8,299
$8,299
$8,299
20
Indus Capital Partners
$7,830
$7,830
$6,989
21
Emerging Sovereign Group
$7,375
$7,375
$7,375
22
PDT Partners
$6,767
$6,767
$6,767
23
QVT Financial4
$6,259
$6,259
$3,461
24
Partner Fund Management6
$5,435
$5,435
$5,435
$2,910
25
Premium Point Investments
$5,336
$5,336
$1,502
26
TIG Advisors
$4,862
$4,862
$2,910
27
Starboard Value
$4,692
$4,692
$3,700
28
Achievement Asset Mgmt.2
$4,595
$4,595
$1,406
29
Astenbeck Capital Mgmt.
$3,168
$3,168
$1,618
$1,777
30
Litespeed Mgmt.7
$2,674
$2,674
$2,674
31
HealthCor Mgmt.
$2,646
$2,646
$1,777
32
Atlantic Investment Mgmt.8
$2,314
$2,314
$2,100
33
Providence Investment Mgmt.8
$2,286
$2,286
$913
34
Serengeti Asset Mgmt.2
$2,124
$2,124
$2,124
35
Finepoint Capital
$2,113
$2,113
$2,113
36
Columbus Hill Capital Mgmt.1
$1,849
$1,849
$1,666
37
Quantitative Investment Mgmt.
$1,630
$1,630
$518
38
Sandell Asset Mgmt.
$1,185
$1,185
$1,185
39
Watershed Asset Mgmt.
$1,176
$1,176
$1,176
40
Czech Asset Mgmt.
$1,099
$1,099
$2,528
41
Armored Wolf
$655
$575
$453
42
Ospraie Mgmt.
$596
$596
$207
Notes:
1 data as of Jan. 1, 2015;
2 data as of April 1, 2015;
3 data as of June 30, 2015;
4 data as of March 31, 2015;
5 data as of April 30, 2015;
6 data as of Jan. 31 ,2015;
7 data as of July 31, 2015;
8 data as of Feb. 28, 2015.
Source: SEC ADV Investment Advisor Disclosure filings. ADV Part 5 provides information about the money manager, including regulatory assets, which may include leverage on hedge funds assets and non-hedge fund strategies. ADV Part 2A includes more detailed information about the firm, its strategies, fees, legal structure and assets under management. Managers are permitted to provide regulatory assets or assets under management, not including leverage in its "brochure" in Part 2A. Managers are not required to provide net assets under management.
