The Largest Hedge Fund Managers 2024
The Largest Hedge Fund Managers 2024
Ranked by discretionary assets managed in hedge funds worldwide, in millions, as of June 30 unless otherwise noted.
| # | Name | Assets | One-Year change | Five-year change | Ten-year change | % Institutional |
|---|---|---|---|---|---|---|
| 1 | Bridgewater Associates | $89,600 | -7.8% | -32.1% | -1.8% | |
| 2 | Man Group | $77,500 | 10.9% | 25.0% | 85.9% | 79.4% |
| 3 | Elliott Management | $69,700 | 17.7% | 84.5% | 182.6% | |
| 4 | Millennium Management | $67,895 | 18.4% | 75.1% | 193.2% | 34.4% |
| 5 | Citadel | $63,430 | 6.6% | 96.7% | 202.0% | |
| 6 | TCI Fund Management | $63,000 | 12.5% | 152.0% | 79.4% | |
| 7 | D.E. Shaw Group | $53,715 | 12.5% | 87.3% | 124.0% | 65.6% |
| 8 | Two Sigma Investments/Two Sigma Advisers | $44,271 | 12.5% | 3.2% | 225.5% | 79.7% |
| 9 | Goldman Sachs Asset Management | $42,000 | 191.7% | |||
| 10 | Farallon Capital Management | $40,300 | 3.1% | 46.0% | 96.6% | 73.4% |
| 11 | Renaissance Technologies | $39,200 | -6.7% | -42.4% | 53.7% | |
| 12 | AQR Capital Management | $38,800 | 30.6% | -36.2% | 22.8% | 100.0% |
| 13 | Davidson Kempner Capital Management | $37,000 | -0.3% | 19.8% | 55.5% | |
| 14 | Point72 Asset Management | $35,200 | 15.0% | 151.4% | 100.0% | |
| 15 | Marshall Wace | $35,171 | 1.5% | 29.8% | 95.4% | 75.0% |
| 16 | Brevan Howard Asset Management | $31,000 | -5.8% | 341.0% | -13.9% | 87.1% |
| 17 | Wellington Management | $27,800 | 22.1% | 26.4% | 80.6% | |
| 18 | PIMCO | $27,043 | 5.6% | 55.5% | 67.0% | 87.2% |
| 19 | Ruffer | $26,857 | -14.2% | 67.6% | ||
| 20 | Anchorage Capital Group | $26,800 | -1.8% | 78.7% | 82.3% | |
| 21 | BlackRock | $24,907 | 10.2% | -24.3% | -27.3% | 66.7% |
| 22 | GoldenTree Asset Management | $24,400 | 13.6% | 79.0% | 157.3% | 100.0% |
| 23 | Baupost Group | $22,000 | -7.9% | -23.9% | -26.4% | |
| 24 | Balyasny Asset Management** | $21,000 | 0.0% | 250.0% | ||
| 25 | Graham Capital Management | $20,142 | 9.0% | 47.0% | 188.0% | 51.9% |
| 26 | Hudson Bay Capital Management | $19,540 | -0.7% | 25.4% | 66.4% | 67.5% |
| 27 | D1 Capital Partners | $19,100 | -2.1% | 180.9% | ||
| 28 | Beach Point Capital Management | $17,392 | 65.5% | 60.1% | ||
| 29 | Appaloosa Management | $16,500 | 10.7% | 26.9% | -17.5% | |
| 30 | Systematica Investments Limited* | $15,775 | -5.7% | 123.3% | 86.9% | |
| 31 | Magnetar Capital | $15,702 | 18.5% | 24.1% | 42.7% | 87.8% |
| 32 | Capital Fund Management | $14,878 | 32.8% | 56.9% | ||
| 33 | Tudor Investment Corp. | $14,600 | 9.8% | 86.9% | 16.8% | 52.1% |
| 34 | Sculptor Capital Management | $12,700 | 41.1% | -16.7% | ||
| 35 | Winton Group | $12,400 | 21.6% | -43.2% | -49.5% | 66.1% |
| 36 | UBS O'Connor | $11,875 | 165.4% | 119.9% | 30.3% | |
| 37 | Cheyne Capital | $11,802 | 8.7% | 64.1% | 80.2% | 100.0% |
| 38 | Canyon Capital | $11,600 | 0.9% | -34.8% | -42.6% | 83.6% |
| 39 | Diameter Capital Partners | $11,200 | 64.3% | |||
| 40 | ExodusPoint Capital Management | $11,000 | -12.0% | 27.9% | ||
| 41 | Garda Capital Partners | $10,631 | 9.9% | 163.5% | 97.9% | |
| 42 | Schonfeld Strategic Advisors | $10,600 | -18.5% | 63.2% | ||
| 43 | Waterfall Asset Management | $10,400 | -16.8% | 760.2% | 93.3% | |
| 44 | Verition Fund Management | $10,100 | 42.3% | 45.5% | ||
| 45 | King Street Capital Management | $9,526 | 1.2% | -46.8% | -57.1% | 59.8% |
| 46 | Pictet Asset Management | $9,158 | -4.5% | 13.1% | ||
| 47 | PDT Partners | $8,500 | 0.0% | 41.7% | 183.3% | |
| 48 | Woodline Partners | $8,020 | ||||
| 49 | Voleon Capital Management | $7,800 | 62.5% | |||
| 50 | Aspect Capital | $7,634 | 1.2% | 8% | 59.1% | 89.6% |
| 51 | Ellington Management Group | $7,600 | 24.6% | 31% | 61.7% | |
| 52 | Mariner Investment Group | $7,115 | 12.1% | -25.0% | 81.3% | |
| 53 | VR Capital Group (VR Advisory Services) | $6,777 | 27.6% | 25.8% | ||
| 54 | Aristeia Capital | $6,714 | 7.8% | 80.5% | ||
| 55 | Walleye | $6,400 | 55.5% | |||
| 56 | Samlyn Capital | $6,300 | 0.0% | 50.0% | 45.2% | |
| 57 | Nephila Capital | $6,300 | -13.0% | -40.9% | -35.7% | 4.8% |
| 58 | Hildene Capital Management | $6,030 | 30.5% | 115.4% | 100.0% | |
| 59 | RTW Investments | $6,000 | 0.0% | |||
| 60 | HG Vora Capital Management | $5,900 | -9.2% | 11.3% | 268.8% | |
| 61 | LibreMax Capital | $5,600 | 30.2% | 45.5% | 79.4% | |
| 62 | J.P. Morgan Asset and Wealth Management | $5,439 | -2.0% | 37.4% | -79.5% | 58.7% |
| 63 | Crabel Capital Management | $5,373 | -30.9% | 100.0% | ||
| 64 | Gramercy Funds Management | $4,800 | 17.7% | 24.9% | 65.5% | 95.8% |
| 65 | Lone Pine Capital | $4,517 | -2.1% | -48.8% | N/A | 33.5% |
| 66 | Saba Capital Management | $4,200 | 5.0% | 147.1% | 22.1% | |
| 67 | Contrarian Capital Management | $4,100 | 2.5% | -24.1% | ||
| 68 | Eisler Capital | $4,100 | 68.3% | |||
| 69 | Valley Forge Capital | $3,859 | 27.3% | |||
| 70 | Abbey Capital Limited | $3,849 | 4.9% | 55.4% | ||
| 71 | Anomaly Capital | $3,500 | 25.0% | |||
| 72 | Greenlight Capital | $3,400 | 25.9% | 36.0% | -70.2% | |
| 73 | Rubric Capital Management | $3,300 | 48.0% | |||
| 74 | Campbell & Company | $3,200 | 93.8% | |||
| 75 | Paloma Partners | $3,100 | -20.5% | -34.0% | 40.9% | |
| 76 | SurgoCap Partners | $3,000 | 50.0% | |||
| 77 | Senvest Management | $2,506 | -5.3% | |||
| 78 | Quest Partners | $2,427 | -1.3% | 66.9% | 100.0% | |
| 79 | Shenkman Capital | $2,340 | -3.7% | |||
| 80 | Boothbay Fund Management | $2,280 | ||||
| 81 | Bardin Hill Investment Partners | $2,200 | -8.3% | |||
| 82 | TIG Advisors | $2,100 | -16.0% | -36.4% | 27.8% | |
| 83 | Kepos Capital | $2,000 | -4.8% | -16.7% | 23.0% | |
| 84 | Long Pond Capital | $2,000 | 0.0% | -25.9% | ||
| 85 | PGIM Fixed Income | $1,959 | -3.0% | 99.5% | ||
| 86 | Hein Park Capital Management | $1,900 | 11.8% | |||
| 87 | Welton Investment Partners | $1,758 | 100.0% | |||
| 88 | Massar Capital Management | $1,600 | 9.4% | 580.9% | 100.0% | |
| 89 | Owl Creek Asset Management | $1,579 | -15.6% | -39.3% | 42.4% | |
| 90 | Electron Capital Partners | $1,400 | 0.0% | 100.0% | ||
| 91 | Wexford Capital | $1,200 | 0.0% | -71.4% | 100.0% | |
| 92 | GAM Investments | $1,063 | 55.8% | |||
| 93 | Two Seas Capital | $762 | 37.5% | |||
| 94 | Kingdon Capital Management | $715 | 10.2% | -15.9% | -74.3% | 24.5% |
| 95 | Indus Capital Partners | $649 | -23.3% | -91.4% | 41.0% | |
| 96 | Hunting Hill Global Capital | $494 | 78.7% | |||
| 97 | Cambrian Asset Management | $144 | 17.1% | |||
| 98 | Anacapa Advisors | $50 | 66.7% | 4.0% |
*Acting as general partner of Systematica Investments LP. **No date available; data are from a company source such as a spokesman, website or financial report.
Historical data may include retroactive updates.
Source: Pensions & Investments survey