TPG Angelo Gordon is an SEC-registered investment adviser based in New York, NY that reports managing 176 hedge funds on Form ADV. It reports $115.9 billion in regulatory assets under management. Its private funds, of all types, hold $107.1 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +71.1% 2025 YTD through Dec 31 (S&P 500: +16.4%), based on 13F filings. Over a longer period they returned an estimated +103.0% from Q3 2024 to Q4 2025, compared with +25.3% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $115.9 billionForm ADV Item 5.F
- Gross assets of private funds
- $107.1 billionAll private fund types, Form ADV
- Hedge funds managed
- 176237 private funds in total
- Employees
- 1,096Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 131940
- Latest Form ADV
- 08/24/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q4 2025 | +5.5% | +2.4% |
| Q3 2025 | +12.3% | +7.8% |
| Q2 2025 | +3.6% | +10.4% |
| Q1 2025 | +39.4% | -4.5% |
| Q4 2024 | -15.3% | +2.1% |
| Q3 2024 | +40.1% | +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
- Anywhere Real Estate Inc$137.3 million
- Enviri Corp$63.1 million
- Ugi Corp New$56.7 million
- Bofa Fin LLC$56.0 million
- Evergy Inc$54.8 million
- Bruker Corp$48.3 million
- NGL Energy Partners L LP$46.9 million
- Starwood Ppty$45.7 million
- Wec Energy Group Inc$39.7 million
- Hewlett Packard Enterprise C$38.0 million
As of 2025-12-31, from 13F filing by Angelo Gordon & Co., L.P..
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