HedgeMountain

Panagora Asset Management Inc

Boston, MA · CRD 105201
Hedge fund manager

Panagora Asset Management Inc is an SEC-registered investment adviser based in Boston, MA that reports managing 9 hedge funds on Form ADV. It reports $44.1 billion in regulatory assets under management. Its private funds, of all types, hold $6.1 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +10.5% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +36.1% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
$44.1 billionForm ADV Item 5.F
Gross assets of private funds
$6.1 billionAll private fund types, Form ADV
Hedge funds managed
99 private funds in total
Employees
110Form ADV Item 5.A
Registration
SEC-registered adviserCRD 105201
Latest Form ADV
03/30/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD+10.5%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+36.1%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$32.6 billion1,163 positions, 2026-06-30
$100$119$137Q3 2024Q1 2025Q3 2025Q1 202613F est. $136S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026+15.7%+14.8%
Q1 2026-4.5%-4.6%
Q4 2025+1.5%+2.4%
Q3 2025+8.3%+7.8%
Q2 2025+12.1%+10.4%
Q1 2025-5.8%-4.5%
Q4 2024+0.7%+2.1%
Q3 2024+5.2%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Nvidia Corp$2.3 billion
  • Apple Inc Com$2.0 billion
  • Microsoft Corp Com$1.2 billion
  • Alphabet, Inc Voting Class$1.1 billion
  • Amazon Com Inc Com$926.1 million
  • Broadcom Inc$774.8 million
  • Alphabet, Inc Non-voting Class$687.3 million
  • Micron Technology Inc Com$661.9 million
  • Advanced Micro Devices Inc Com$561.0 million
  • Meta Platforms, Inc.$524.7 million

As of 2026-06-30, from 13F filing by Panagora Asset Management Inc.

Hedge funds filing Form D (11)

Fund
First sale
Raised
Investors
Minimum
YTD performance
PanAgora Risk Parity Multi Asset Master Fund, Ltd.
Boston, MA
First saleSep 2016
Raised$8.0B
Investors4
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Diversified Risk Multi-Asset Fund, Ltd.
Boston, MA
First saleMay 2012
Raised$5.2B
Investors36
Minimum$100K
YTD performance+10.5%13F est. YTD · thru Q2 2026
Risk Parity Multi-Asset Fund, a series of The PanAgora Group Trust
Boston, MA
First saleOct 2011
Raised$2.7B
Investors52
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Risk Parity Multi Asset (12V), LLC
Boston, MA
First saleMar 2019
Raised$2.7B
Investors3
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Risk Parity Multi Asset Fund (HV), LLC
Boston, MA
First saleNov 2017
Raised$2.4B
Investors20
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Diversified Risk Multi-Asset Fund (B), Ltd.
Boston, MA
First saleSep 2014
Raised$2.3B
Investors7
Minimum$100K
YTD performance+10.5%13F est. YTD · thru Q2 2026
Risk Parity Multi-Asset Fund-HV, a series of The PanAgora Group Trust
Boston, MA
First saleJul 2014
Raised$714M
Investors5
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Risk Managed Global Opportunities Fund, LLC
Boston, MA
First saleFeb 2008
Raised$643M
Investors28
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Risk Managed Global Opportunities Master Fund, Ltd.
Boston, MA
First saleFeb 2023
Raised$501M
Investors2
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Risk Managed Global Opportunities Fund (10V), LLC
Boston, MA
First saleFeb 2023
Raised$125M
Investors2
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026
PanAgora Healthcare Long-Short Fund, LP
Boston, MA
First saleJan 2023
Raised$61.7M
Investors11
MinimumNone set
YTD performance+10.5%13F est. YTD · thru Q2 2026

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures