The largest hedge fund managers by regulatory assets
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September 18, 2017 01:00 AM

The largest hedge fund managers by regulatory assets

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    Ranked by assets reported in SEC ADV filings, in millions, as of Dec. 31, 2017.
    RankManagerADV Part 5 regulatory

    total

    assets

    ADV Part 5 regulatory discretionary assetsADV Part 2A discretionary assets
    1Balyasny Asset Mgmt.$75,056$75,056$12,700
    2Moore Capital Mgmt.$53,824$53,824$13,320
    3Tudor Investment$39,662$39,662$39,662
    4Mariner Investment Group$38,321$38,321$5,400
    5Lansdowne Partners3$33,728$33,728$19,086
    6Lone Pine Capital $33,157$33,157$25,250
    7Discovery Capital Mgmt.$33,072$33,072$33,072
    8Brigade Capital Mgmt.$19,731$19,731$19,783
    9Caxton Associates$19,427$19,427$19,427
    10ValueAct Capital Mgmt.3$17,581$17,581$17,581
    11Maverick Capital$15,922$15,922$15,922
    12Baker Brothers Investments3$15,645$15,645$15,645
    13Coatue Management$13,755$13,755$10,249
    14Varde Management$13,541$13,541N/A
    15OxFORD Asset Mgmt.3$13,042$13,042$4,110
    16Trian Fund Mgmt.$12,478$12,478$11,666
    17Paulson & Co.1$12,443$12,443$12,443
    18Blue Ridge Capital$12,410$12,410$6,946
    19Silver Point Capital$12,345$12,345$9,200
    20Polar Capital4$11,945$11,945$11,600
    21Scopia Capital Mgmt.$11,370$11,370$11,370
    22Whitebox Advisors2$8,863$8,863$8,863
    23JANA Partners$8,500$8,500$8,500
    24Black Diamond Capital Mgmt.$8,043$8,043$8,043
    25Systematica Investments$8,037$8,037$8,082
    26MSD Partners$7,436$7,436$7,436
    27Odey Asset Mgmt.5$6,932$6,932$6,000
    28Starboard Value$6,339$6,339$5,300
    29Convexity Capital Mgmt.$5,829$5,829$4,300
    30Wexford Asset Mgmt.$4,863$4,863$2,800
    31Quantitative Investment Mgmt.$4,310$4,310$669
    32Passport Capital2$4,296$4,296$2,556
    33QVT Financial$4,268$4,268$2,473
    34Aurelius Capital$4,254$4,254$4,254
    35Hitchwood Capital Mgmt.$3,822$3,822$3,096
    36Mason Capital Mgmt.$3,508$3,508$3,508
    37Greywolf Capital Mgmt.1$3,507$3,470$3,470
    38Hoplite Capital Mgmt.$3,360$3,360$2,282
    39Providence Investment Mgmt.3$3,083$3,083$609
    40P. Schoenfeld Asset Mgmt.$2,573$2,573$2,000
    41New Providence Asset Mgmt.$2,417$2,268$2,300
    42Conatus Capital Mgmt.$2,407$2,407$1,883
    43SECOR Capital Advisors$2,310$2,310$2,310
    44Impala Asset Mgmt.$2,301$2,301$2,301
    45Columbus Hill Capital Mgmt.1$2,114$2,114$1,861
    46Tremblant Capital$2,062$2,062$2,062
    47Blue Rock Advisors$1,973$1,973$1,122
    48New Mountain Vantage$1,968$1,968$1,938
    49Hollis Park Partners$1,787$1,787$1,787
    50Tide Point Capital$1,604$1,543$1,543
    51Serengeti Asset Mgmt.$1,546$1,514$1,514
    52Marcato Capital Mgmt.$1,385$1,385$1,385
    53Light Street Capital Mgmt.$1,205$1,205$773
    Notes: 1 Data as of Jan. 1, 2017. 2 Data as of Jan. 31, 2017. 3 Data as of Feb. 28, 2017. 4 Data as of March 31, 2017. 5 Data as of June 30, 2017.
    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 fund 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.

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