Ranked by discretionary assets managed in hedge funds worldwide, in millions, as of June 30, 2017.
Rank
Manager
Assets
Change
from
2016
1
Bridgewater Associates
$123,000
19.5%
2
AQR Capital Mgmt.
$76,619
21.6%
3
Man Group
$53,100
14.7%
4
Renaissance Technologies
$48,600
51.9%
5
Two Sigma
$35,400
28.3%
6
Millennium Mgmt.
$34,373
3.2%
7
Elliott Mgmt.
$32,700
13.4%
8
Baupost Group
$31,100
6.5%
9
BlackRock
$27,615
-3.4%
10
Winton Capital Mgmt.
$27,559
-16.6%
11
D.E. Shaw Group
$27,486
1.7%
12
Citadel
$27,107
12.9%
13
Davidson Kempner Cap. Mgmt.
$27,100
7.3%
14
Marshall Wace
$23,913
4.0%
15
Farallon Capital Mgmt.
$23,800
13.3%
16
Och-Ziff Capital Mgmt.
$22,000
-15.7%
17
Canyon Capital Advisors2
$21,000
47.9%
18
Viking Global Investors
$20,143
1.8%
19
King Street Capital Mgmt.
$18,800
-1.1%
20
PIMCO
$17,352
2.2%
21
Appaloosa Mgmt.
$17,000
N/A
22
Anchorage Capital Group
$16,800
7.7%
23
York Capital Mgmt.
$16,700
-8.7%
24
Cevian Capital
$16,627
31.8%
25
Third Point
$16,500
N/A
26
TCI Fund Mgmt.
$15,854
26.8%
27
Capula Investment Mgmt.
$14,900
5.7%
28
Pershing Square Holdings
$14,796
N/A
29
BlueMountain Capital Mgmt.
$14,200
0.7%
30
Graham Capital Mgmt.
$14,086
11.2%
31
Magnetar Capital
$13,200
0.0%
32
Highfields Capital Mgmt.
$12,900
5.7%
33
Fortress Inv. Group
$12,868
-5.3%
34
Angelo, Gordon & Co.
$12,400
2.5%
35
GoldenTree Asset Mgmt.
$12,010
3.9%
36
Brevan Howard Asset Mgmt.
$11,873
-38.8%
37
Glenview Capital Mgmt.
$11,476
21.3%
38
Goldman Sachs Asset Mgmt.
$11,200
-13.8%
39
PointState Capital
$10,600
4.0%
40
Nephila Capital
$10,450
4.7%
41
Fir Tree Partners
$9,539
-0.6%
42
Carlson Capital
$9,100
8.9%
43
Marathon Asset Mgmt.
$8,820
1.4%
44
Senator Investment Group
$8,800
3.7%
45
Greenlight Capital
$7,000
-18.6%
46
Tiger Global Mgmt.
$7,000
18.6%
47
CQS4
$6,612
9.2%
48
Waterfall Asset Mgmt.
$6,447
53.5%
49
Solus Alternative Asset Mgmt.
$6,338
25.8%
50
Aspect Capital
$6,288
6.5%
51
Taconic Capital Advisors
$6,000
-3.1%
52
Cheyne Capital
$5,879
N/A
53
Ellington Mgmt. Group
$5,500
3.8%
54
J.P. Morgan Asset Mgmt.5
$5,500
-9.2%
55
MKP Capital Mgmt.
$5,322
-28.0%
56
Paloma Partners
$5,300
0.0%
57
UBS O'Connor3
$5,113
-8.7%
58
PDT Partners
$5,000
0.0%
59
Autonomy Capital
$4,800
37.1%
60
Eminence Capital
$4,763
N/A
61
Pine River Capital Mgmt.
$4,589
-43.3%
62
Samlyn Capital
$4,500
-10.0%
63
Contrarian Capital Mgmt.
$4,300
36.9%
64
Tilden Park Capital Mgmt.
$4,124
6.8%
65
Capstone Investment Advisors
$4,019
47.1%
66
Gramercy Funds Mgmt.
$3,883
-1.8%
67
Neuberger Berman Group
$3,856
N/A
68
Highline Capital Mgmt.
$3,615
26.6%
69
Napier Park Global Capital
$3,332
77.1%
70
Empyrean Capital Partners
$3,200
N/A
71
HG Vora Capital Mgmt.
$3,200
33.3%
72
Valinor Capital Mgmt.
$3,200
N/A
73
DW Partners
$3,100
-24.4%
74
Kepos Capital
$3,100
40.9%
75
Acadian Asset Mgmt.
$3,097
51.3%
76
Garda Capital Partners
$3,046
21.5%
77
Hutchin Hill Capital
$3,000
-18.9%
78
Halcyon Capital Mgmt.
$2,700
N/A
79
Ionic Capital Mgmt.
$2,500
-7.4%
80
Ivory Investment Mgmt.
$2,500
-16.4%
81
Hudson Bay Capital Mgmt.
$2,400
-11.1%
82
Tricadia Capital Mgmt.
$2,400
-22.6%
83
LibreMax Capital
$2,300
-4.2%
84
Long Pond Capital
$2,236
N/A
85
La Francaise Inv. Solutions
$2,104
N/A
86
Finisterre Capital
$1,953
5.6%
87
Structured Portfolio Mgmt.
$1,920
-9.4%
88
Cadian Capital Mgmt.
$1,800
N/A
89
Strategic Value Partners3
$1,800
20.0%
90
Kingdon Capital Mgmt.
$1,717
-16.8%
91
Gotham Asset Mgmt.
$1,700
N/A
92
Salient
$1,662
-6.7%
93
Polygon Global Partners
$1,601
N/A
94
Saba Capital Mgmt.
$1,500
-11.8%
95
400 Capital Mgmt.
$1,468
-0.5%
96
Shelter Growth Cap. Partners
$1,442
N/A
97
Atlantic Investment Mgmt.
$1,411
N/A
98
Atreaus Capital Mgmt.
$1,400
0.0%
99
Three Bays Capital
$1,400
-12.5%
100
Senvest Mgmt.
$1,330
37.0%
101
Perella Weinberg Partners1
$1,297
15.3%
102
Candlewood Investment Group
$1,289
N/A
103
ZAIS Group
$1,250
N/A
104
Seer Capital Mgmt.
$1,140
-30.1%
105
Brenner West Capital Partners
$1,120
-14.2%
106
Warlander Asset Mgmt.
$1,100
N/A
107
Highland Capital Mgmt.
$955
-10.0%
108
LightStreet Capital Mgmt.
$933
N/A
109
Birch Grove Capital
$902
13.2%
110
Martin Currie Inv. Mgmt.
$700
N/A
111
Omni Partners
$492
N/A
112
Nut Tree Capital Mgmt.
$422
N/A
113
Haidar 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.
