Largest hedge fund managers
The 100 hedge fund advisers with the most regulatory assets under management on Form ADV. Totals include all of a firm's client assets, not only hedge funds.
#
Firm
Hedge funds
Regulatory AUM
Est. 13F YTD
1
Pacific Investment Management Company LLC
Newport Beach, CA
Hedge funds195
Regulatory AUM$3,666.9B
Est. 13F YTD—
2
J.P. Morgan Investment Management Inc.
New York, NY
Hedge funds16
Regulatory AUM$3,519.4B
Est. 13F YTD—
3
Goldman Sachs Asset Management, L.P.
New York, NY
Hedge funds62
Regulatory AUM$2,648.9B
Est. 13F YTD—
4
Blackrock Financial Management, Inc
New York, NY
Hedge funds180
Regulatory AUM$1,595.1B
Est. 13F YTD—
5
Wellington Management Company LLP
Boston, MA
Hedge funds34
Regulatory AUM$1,428.0B
Est. 13F YTD—
6
Ssga Funds Management, Inc.
Boston, MA
Hedge funds17
Regulatory AUM$1,420.7B
Est. 13F YTD—
7
Northern Trust Investments, Incorporated
Chicago, IL
Hedge funds1
Regulatory AUM$1,245.2B
Est. 13F YTD—
8
Pgim, Inc.
Newark, NJ
Hedge funds38
Regulatory AUM$1,131.6B
Est. 13F YTD—
9
Alliancebernstein L.P.
Nashville, TN
Hedge funds13
Regulatory AUM$763.4B
Est. 13F YTD+6.5%
10
Invesco Advisers, Inc.
Atlanta, GA
Hedge funds12
Regulatory AUM$749.5B
Est. 13F YTD—
11
Millennium Management LLC
New York, NY
Hedge funds10
Regulatory AUM$720.8B
Est. 13F YTD+12.2%
12
Apollo Capital Management, L.P.
New York, NY
Hedge funds151
Regulatory AUM$718.5B
Est. 13F YTD—
13
Morgan Stanley Investment Management Inc.
New York, NY
Hedge funds3
Regulatory AUM$702.2B
Est. 13F YTD—
14
Parametric Portfolio Associates
Seattle, WA
Hedge funds10
Regulatory AUM$684.8B
Est. 13F YTD—
15
Blackrock Investment Management, LLC
Princeton, NJ
Hedge funds3
Regulatory AUM$676.7B
Est. 13F YTD—
16
Goldman Sachs Asset Management International
London, United Kingdom
Hedge funds10
Regulatory AUM$621.0B
Est. 13F YTD—
17
UBS Asset Management (americas) LLC
New York, NY
Hedge funds31
Regulatory AUM$588.2B
Est. 13F YTD—
18
Citadel Advisors LLC
Miami, FL
Hedge funds37
Regulatory AUM$570.6B
Est. 13F YTD+13.6%
19
Metlife Investment Management, LLC
Whippany, NJ
Hedge funds2
Regulatory AUM$563.8B
Est. 13F YTD+10.1%
20
Franklin Advisers, Inc.
San Mateo, CA
Hedge funds13
Regulatory AUM$509.5B
Est. 13F YTD—
21
Columbia Management Investment Advisers, LLC
Boston, MA
Hedge funds3
Regulatory AUM$502.4B
Est. 13F YTD—
22
Jpmorgan Asset Management (UK) Limited
London, United Kingdom
Hedge funds1
Regulatory AUM$484.1B
Est. 13F YTD—
23
J.P. Morgan Private Investments Inc.
New York, NY
Hedge funds10
Regulatory AUM$470.0B
Est. 13F YTD—
24
Ares Management LLC
Los Angeles, CA
Hedge funds255
Regulatory AUM$458.8B
Est. 13F YTD+2.3%
25
Principal Asset Management
Des Moines, IA
Hedge funds6
Regulatory AUM$427.7B
Est. 13F YTD—
26
Kohlberg Kravis Roberts & Co. L.P.
New York, NY
Hedge funds18
Regulatory AUM$399.9B
Est. 13F YTD+26.8%
27
Neuberger Berman Investment Advisers LLC
New York, NY
Hedge funds46
Regulatory AUM$398.6B
Est. 13F YTD—
28
Robert W. Baird & Co. Incorporated
Milwaukee, WI
Hedge funds1
Regulatory AUM$394.1B
Est. 13F YTD—
29
Barings LLC
Charlotte, NC
Hedge funds4
Regulatory AUM$392.8B
Est. 13F YTD+4.6%
30
Loomis, Sayles & Company, L.P.
Boston, MA
Hedge funds3
Regulatory AUM$386.9B
Est. 13F YTD-2.3%
31
Janus Henderson Investors
Denver, CO
Hedge funds7
Regulatory AUM$380.4B
Est. 13F YTD—
32
Arrowstreet Capital, Limited Partnership
Boston, MA
Hedge funds39
Regulatory AUM$351.3B
Est. 13F YTD+10.9%
33
Fiam LLC
Smithfield, RI
Hedge funds1
Regulatory AUM$347.7B
Est. 13F YTD—
34
Nisa Investment Advisors, LLC
St. Louis, MO
Hedge funds3
Regulatory AUM$343.9B
Est. 13F YTD+9.7%
35
AQR Capital Management, LLC
Greenwich, CT
Hedge funds304
Regulatory AUM$311.7B
Est. 13F YTD+11.6%
36
First Trust Advisors LP
Wheaton, IL
Hedge funds1
Regulatory AUM$309.2B
Est. 13F YTD+14.8%
37
The Carlyle Group
Washington, DC
Hedge funds1
Regulatory AUM$283.8B
Est. 13F YTD-5.2%
38
Victory Capital Management Inc.
San Antonio, TX
Hedge funds2
Regulatory AUM$282.7B
Est. 13F YTD+11.4%
39
Nuveen Asset Management, LLC
Chicago, IL
Hedge funds12
Regulatory AUM$280.5B
Est. 13F YTD—
40
Point72 Asset Management, L.P.
Stamford, CT
Hedge funds13
Regulatory AUM$274.1B
Est. 13F YTD+22.0%
41
KKR Credit Advisors (US) LLC
San Francisco, CA
Hedge funds60
Regulatory AUM$270.9B
Est. 13F YTD—
42
Lord, Abbett & Co. LLC
Jersey City, NJ
Hedge funds1
Regulatory AUM$270.4B
Est. 13F YTD+13.0%
43
L&g - Asset Management, America
Chicago, IL
Hedge funds15
Regulatory AUM$267.2B
Est. 13F YTD—
44
Balyasny Asset Management L.P.
Chicago, IL
Hedge funds39
Regulatory AUM$248.1B
Est. 13F YTD+10.9%
45
Guggenheim Partners Investment Management, LLC
New York, NY
Hedge funds13
Regulatory AUM$240.7B
Est. 13F YTD—
46
Two Sigma Investments, LP
New York, NY
Hedge funds62
Regulatory AUM$232.8B
Est. 13F YTD+14.1%
47
Squarepoint Ops LLC
New York, NY
Hedge funds11
Regulatory AUM$227.0B
Est. 13F YTD+11.3%
48
Mercer Investments LLC
Boston, MA
Hedge funds5
Regulatory AUM$226.0B
Est. 13F YTD—
49
Schonfeld Strategic Advisors LLC
New York, NY
Hedge funds39
Regulatory AUM$225.3B
Est. 13F YTD+13.6%
50
Rokos Capital Management LLP
London, United Kingdom
Hedge funds2
Regulatory AUM$219.4B
Est. 13F YTD+21.8%
51
SEI Investments Management Corp
Oaks, PA
Hedge funds3
Regulatory AUM$216.4B
Est. 13F YTD—
52
Jennison Associates
New York, NY
Hedge funds2
Regulatory AUM$214.8B
Est. 13F YTD+6.9%
53
D. E. Shaw & Co., L.P.
New York, NY
Hedge funds13
Regulatory AUM$213.4B
Est. 13F YTD+16.2%
54
Taula Capital Management (jersey) LP
St Helier, Jersey
Hedge funds2
Regulatory AUM$210.9B
Est. 13F YTD—
55
Garda Capital Partners
Wayzata, MN
Hedge funds1
Regulatory AUM$207.1B
Est. 13F YTD—
56
IFM Investors Pty LTD
Melbourne, Australia
Hedge funds7
Regulatory AUM$203.0B
Est. 13F YTD+7.5%
57
Invesco Asset Management LTD.
Henley-On-Thames, United Kingdom
Hedge funds4
Regulatory AUM$187.6B
Est. 13F YTD—
58
Western Asset Management Company
Pasadena, CA
Hedge funds18
Regulatory AUM$185.0B
Est. 13F YTD-14.3%
59
Clearbridge Investments, LLC
New York, NY
Hedge funds3
Regulatory AUM$184.8B
Est. 13F YTD+6.6%
60
Artisan Partners Limited Partnership
Milwaukee, WI
Hedge funds9
Regulatory AUM$183.6B
Est. 13F YTD+10.6%
61
Oaktree Capital Management, L.P.
Los Angeles, CA
Hedge funds221
Regulatory AUM$183.3B
Est. 13F YTD+19.3%
62
Thoma Bravo
Chicago, IL
Hedge funds5
Regulatory AUM$182.9B
Est. 13F YTD-28.5%
63
Focus Partners Wealth, LLC
St. Louis, MO
Hedge funds7
Regulatory AUM$181.9B
Est. 13F YTD+9.5%
64
RBC Global Asset Management (UK) Limited
London, United Kingdom
Hedge funds5
Regulatory AUM$178.0B
Est. 13F YTD—
65
GC Advisors LLC
Chicago, IL
Hedge funds42
Regulatory AUM$177.9B
Est. 13F YTD—
66
Acadian Asset Management
Boston, MA
Hedge funds18
Regulatory AUM$177.5B
Est. 13F YTD+10.1%
67
Mariner Investment Group, LLC
New York, NY
Hedge funds16
Regulatory AUM$176.3B
Est. 13F YTD-3.8%
68
HPS Investment Partners, LLC
New York, NY
Hedge funds58
Regulatory AUM$175.7B
Est. 13F YTD-1.0%
69
Blackrock Capital Management, Inc.
Wilmington, DE
Hedge funds6
Regulatory AUM$172.6B
Est. 13F YTD—
70
Alphadyne Asset Management LP
New York, NY
Hedge funds3
Regulatory AUM$164.8B
Est. 13F YTD+6.9%
71
GQG Partners
Fort Lauderdale, FL
Hedge funds2
Regulatory AUM$163.9B
Est. 13F YTD+3.9%
72
NB Alternatives Advisers LLC
Dallas, TX
Hedge funds5
Regulatory AUM$160.2B
Est. 13F YTD—
73
Mackay Shields LLC
New York, NY
Hedge funds14
Regulatory AUM$159.5B
Est. 13F YTD+6.1%
74
Exoduspoint Capital Management, LP
New York, NY
Hedge funds6
Regulatory AUM$159.4B
Est. 13F YTD+13.0%
75
Candriam S.C.A.
Strassen, Luxembourg
Hedge funds1
Regulatory AUM$154.7B
Est. 13F YTD+11.2%
76
AON Investments USA Inc.
Chicago, IL
Hedge funds3
Regulatory AUM$151.0B
Est. 13F YTD—
77
Bridgewater Associates, LP
Westport, CT
Hedge funds37
Regulatory AUM$150.2B
Est. 13F YTD+24.6%
78
Icapital Advisors, LLC
New York, NY
Hedge funds3
Regulatory AUM$149.9B
Est. 13F YTD—
79
Wilshire
Santa Monica, CA
Hedge funds38
Regulatory AUM$149.1B
Est. 13F YTD+5.9%
80
Nomura Investment Management Business Trust
Philadelphia, PA
Hedge funds2
Regulatory AUM$144.0B
Est. 13F YTD—
81
APG Asset Management US, Inc
New York, NY
Hedge funds3
Regulatory AUM$141.3B
Est. 13F YTD+12.4%
82
Blackrock Asset Management North Asia Limited
Hong Kong, China
Hedge funds1
Regulatory AUM$140.3B
Est. 13F YTD—
83
LMR Partners LLC
New York, NY
Hedge funds4
Regulatory AUM$140.1B
Est. 13F YTD+21.9%
84
Verition Fund Management LLC
Greenwich, CT
Hedge funds5
Regulatory AUM$139.4B
Est. 13F YTD+8.8%
85
Elliott Investment Management L.P.
West Palm Beach, FL
Hedge funds2
Regulatory AUM$128.6B
Est. 13F YTD+12.5%
86
GC Opal Advisors LLC
Chicago, IL
Hedge funds21
Regulatory AUM$124.3B
Est. 13F YTD—
87
Sanders Capital, LLC
West Palm Beach, FL
Hedge funds3
Regulatory AUM$122.2B
Est. 13F YTD+18.9%
88
Lazard Asset Management LLC
New York, NY
Hedge funds21
Regulatory AUM$120.5B
Est. 13F YTD+7.8%
89
Silver Lake Technology Management, LLC
Menlo Park, CA
Hedge funds9
Regulatory AUM$117.7B
Est. 13F YTD—
90
Iconiq Capital, LLC
San Francisco, CA
Hedge funds12
Regulatory AUM$117.5B
Est. 13F YTD-24.2%
91
Boston Partners
Boston, MA
Hedge funds2
Regulatory AUM$116.2B
Est. 13F YTD+15.5%
92
TPG Angelo Gordon
New York, NY
Hedge funds176
Regulatory AUM$115.9B
Est. 13F YTD+71.1%
93
MFS Institutional Advisors Inc.
Boston, MA
Hedge funds3
Regulatory AUM$113.6B
Est. 13F YTD—
94
Pathstone
Englewood, NJ
Hedge funds24
Regulatory AUM$110.3B
Est. 13F YTD—
95
Harris | Oakmark
Chicago, IL
Hedge funds2
Regulatory AUM$109.5B
Est. 13F YTD-0.1%
96
Stepstone Group LP
La Jolla, CA
Hedge funds1
Regulatory AUM$107.8B
Est. 13F YTD-26.7%
97
Lighthouse Investment Partners, LLC
Palm Beach Gardens, FL
Hedge funds139
Regulatory AUM$107.4B
Est. 13F YTD+11.0%
98
Tudor Investment Corporation
Stamford, CT
Hedge funds8
Regulatory AUM$106.8B
Est. 13F YTD+11.6%
99
Vista Equity Partners Management, LLC
San Francisco, CA
Hedge funds2
Regulatory AUM$106.0B
Est. 13F YTD+59.9%
100
Principal Real Estate
Des Moines, IA
Hedge funds14
Regulatory AUM$105.6B
Est. 13F YTD—