Ranked by discretionary assets managed in hedge funds worldwide, in millions, as of June 30, 2020, unless otherwise noted.
Rank | Manager | Assets | Change from 2019 |
---|---|---|---|
1 | Bridgewater Associates | $98,918 | -25.1% |
2 | Renaissance Technologies | $70,000 | 2.9% |
3 | Man Group | $62,300 | 0.5% |
4 | Millennium Mgmt. | $43,912 | 13.2% |
5 | Elliott Mgmt.1 | $42,000 | 11.2% |
6 | BlackRock | $39,907 | 21.3% |
7 | Two Sigma Investments/Advisers2 | $38,842 | -9.5% |
8 | TCI Fund Mgmt. | $35,000 | 40.0% |
9 | Citadel2 | $34,340 | 6.5% |
10 | D.E. Shaw Group | $34,264 | 19.5% |
11 | AQR Capital Mgmt. | $32,100 | -47.2% |
12 | Davidson Kempner Capital Mgmt. | $31,850 | 3.1% |
13 | Farallon Capital Mgmt. | $30,000 | 8.7% |
14 | Baupost Group | $29,100 | 0.7% |
15 | Marshall Wace | $27,800 | 2.6% |
16 | Capula Investment Mgmt. | $23,000 | 16.2% |
17 | Canyon Capital | $22,800 | N/A |
18 | Wellington Alternative Investments | $21,000 | -4.5% |
19 | Viking Global Investors | $19,950 | N/A |
20 | PIMCO | $17,453 | 0.4% |
21 | Point72 Asset Mgmt. | $17,200 | 22.9% |
22 | York Capital Management | $16,500 | -10.8% |
23 | Element Capital Mgmt.3 | $16,000 | -11.1% |
24 | Cevian Capital1 | $15,283 | N/A |
25 | GoldenTree Asset Mgmt.2 | $15,092 | 10.7% |
26 | Sculptor Capital Mgmt. | $15,000 | -1.6% |
27 | Graham Capital Mgmt. | $14,161 | 3.4% |
28 | Anchorage Capital Group | $13,500 | -10.0% |
29 | King Street Capital Mgmt. | $13,400 | -25.1% |
30 | Angelo Gordon | $12,800 | -5.2% |
31 | D1 Capital Partners | $12,700 | 86.8% |
32 | ExodusPoint Capital | $12,000 | 39.5% |
33 | Winton Group | $11,662 | -46.6% |
34 | Appaloosa Mgmt. | $11,600 | -10.8% |
35 | Magnetar Capital | $10,674 | -15.7% |
36 | Pershing Square1 | $10,292 | 28.7% |
37 | Pharo Mgmt.1 | $10,000 | 0.0% |
38 | Brevan Howard Asset Mgmt.1 | $9,670 | 37.6% |
39 | Nephila Capital | $9,519 | -10.7% |
40 | Lone Pine Capital | $9,224 | 4.6% |
41 | Tudor Investment | $8,673 | 11.0% |
42 | Steadfast Capital Mgmt. | $8,100 | 8.0% |
43 | Ellington Mgmt. Group | $7,900 | 36.2% |
44 | Cheyne Capital | $7,309 | 1.6% |
45 | Aspect Capital | $7,289 | 3.1% |
46 | Taconic Capital Advisors | $7,215 | -6.1% |
47 | Balyasny Asset Mgmt. | $7,000 | 16.7% |
48 | Whale Rock Capital Mgmt. | $6,990 | 61.8% |
49 | Capstone Investment Advisors | $6,825 | 17.8% |
50 | Senator Investment Group | $6,700 | -9.5% |
51 | PDT Partners | $6,500 | 8.3% |
52 | Värde Partners | $6,398 | -12.3% |
53 | UBS O’Connor | $6,297 | 40.7% |
54 | Eminence Capital | $6,200 | N/A |
55 | Hudson Bay Capital Mgmt. | $5,918 | 69.6% |
56 | Garda Capital Partners | $5,633 | 39.6% |
57 | Mariner Investment Group2 | $5,600 | N/A |
58 | Schonfeld Strategic Advisors4 | $5,525 | N/A |
59 | Carlson Capital Mgmt. | $5,503 | -24.4% |
60 | HG Vora Cital Mgmt. | $5,400 | 1.9% |
61 | Napier Park Global Capital | $5,389 | 4.5% |
62 | Samlyn Capital | $5,100 | 21.4% |
63 | Tilden Park Capital Mgmt. | $4,672 | 0.3% |
64 | Autonomy Capital | $4,500 | -25.0% |
65 | Paloma Partners | $4,500 | -4.3% |
66 | LibreMax Capital | $4,400 | 14.3% |
67 | EJF Capital | $4,200 | 5.0% |
68 | Contrarian Capital | $4,000 | -25.9% |
69 | TIG Advisors | $3,930 | 19.1% |
70 | Empyrean Capital Partners | $3,850 | -14.4% |
71 | Greywolf Capital Mgmt. | $3,696 | -2.9% |
72 | Gramercy Funds Mgmt.5 | $3,664 | -4.7% |
73 | Solus Alternative Asset Mgmt.1 | $3,400 | N/A |
74 | Deer Park Road | $3,000 | N/A |
75 | Saba Capital Mgmt. | $2,850 | 67.6% |
76 | Bardin Hill Inv. Partners | $2,800 | N/A |
77 | Kirkoswald Asset Mgmt. | $2,700 | N/A |
78 | Snow Lake Capital | $2,700 | 35.0% |
79 | Weiss Multi-Strategy Advisers | $2,700 | 42.1% |
80 | Cadian Capital Mgmt.1 | $2,600 | N/A |
81 | Graticule Asset Mgmt. | $2,600 | -42.2% |
82 | Greenlight Capital | $2,600 | 4.0% |
83 | P. Schoenfeld Asset Mgmt. | $2,452 | 14.3% |
84 | Hildene Capital Mgmt. | $2,243 | -19.9% |
85 | MKP Capital Mgmt. | $2,176 | -25.4% |
86 | Candlestick Capital | $2,000 | N/A |
87 | Kepos Capital | $2,000 | -16.7% |
88 | Light Street Capital | $1,869 | 16.8% |
89 | J.P. Morgan Asset Mgmt.6 | $1,816 | -54.1% |
90 | Cat Rock Capital Mgmt. | $1,707 | N/A |
91 | Birch Grove Capital | $1,600 | -0.2% |
92 | Quest Partners | $1,562 | 7.4% |
93 | SQN Investors | $1,500 | N/A |
94 | Atlantic Investment Mgmt. | $1,479 | 2.4% |
95 | Strategic Value Partners2 | $1,305 | -29.3% |
96 | MidOcean Credit Partners | $1,300 | -38.1% |
97 | Acadian Asset Mgmt. | $1,220 | -25.6% |
98 | Senvest Mgmt. | $1,119 | N/A |
99 | Hein Park Capital Mgmt. | $1,000 | N/A |
100 | Light Sky Macro | $1,000 | 0.0% |
101 | Sarissa Capital Mgmt. | $914 | N/A |
102 | Statar Capital | $779 | N/A |
103 | Kingdon Capital Mgmt.2 | $644 | -24.2% |
104 | Windham Capital Mgmt. | $380 | -11.4% |
105 | Massar Capital Mgmt. | $296 | 26.0% |
106 | Pine River Capital Mgmt. | $252 | N/A |
107 | Aequim Alternative Investments | $243 | N/A |
Total | $1,256,496 | ||
Notes: 1 Data are from a company source such as a spokesman, website or financial report. 2 Data are as of July 1, 2020. 3 Element proactively reduced its AUM by 20% during the year ended June 30 to prioritize continued outperformance. 4 Schonfeld does not include family office money managed in its hedge funds. 5 Gramercy returned capital to investors as some funds were closed in the year ended June 30. 6 J.P. Morgan reduced its hedge fund assets in the year ended June 30, 2020 as the result of a spin out of one credit hedge fund and the wind down of another as part of a restructuring. | |||
Source: Pensions & Investments surveys |