Top 250 Largest Hedge Funds – 2024

There are some minor changes for the 2024 top hedge fund rankings versus the list of top hedge funds for the prior year. The top 250 hedge funds in the world now manage $6.84 trillion in assets under management (AUM). This is down modestly from 2023.

The largest hedge funds in 2024 are Citadel Investment Group, Bridgewater Associates, Ares Management, and Balyasny Asset Management, Millennium Capital Partners, and Rokos Capital Management. These five funds alone manage more than $1.3 trillion in assets.

Eight of the ten biggest hedge funds are based in the US. Rokos Capital Management of London is the largest non-US hedge fund on the list of largest hedge funds for 2024.

The top 250 hedge funds in 2024 have $6.84 trillion USD in assets under management (AUM)

The average AUM of the top 250 hedge funds for 2024 is $27.35 billion

Top 250 Largest Hedge Funds – 2024

Ranked by assets under management (AUM). Click any column to sort. Fund names link to detailed profiles.

Rank	Fund Name	City	AUM	Strategy
1	Citadel Investment Group	Chicago	397,045	Convertibles, Multi Strategy
2	Ares Management	Los Angeles	281,425	Managed Futures, Fixed Income
3	Balyasny Asset Management	Chicago	248,045	Multi Strategy, Global Equity
4	Millennium Capital Partners	New York	218,000	Multi Strategy
5	Rokos Capital Management	London	172,454	Global Macro
6	Point72 Asset Management	Stamford	172,101
7	Garda Capital	Minneapolis	137,830	Global Macro, Event Driven
8	Squarepoint Ops	London	123,784	Quantitative
9	Mariner Investment Group LLC	New York	123,035	Arbitrage
10	Bridgewater Associates	Westport	120,735	Long/Short, Global Macro
11	DE Shaw	New York	120,475	Absolute Returns
12	Alphadyne Asset Management	New York	115,312	Equity, Managed Futures
13	Goldman Sachs Asset Management	New York	106,240	Multi Strategy, Fund of Funds
14	Capula Investment Management LLP	London	101,086	Absolute Returns, Credit
15	Cerberus Capital Management	New York	86,966	Credit, Real Estate
16	Exoduspoint Capital Management, LP	New York	85,735	Multi-Strategy
17	Renaissance Technologies	East Setauket	85,472	Crypto, Multi Strategy
18	Two Sigma International Limited	London	83,956	Long/Short
19	Two Sigma Investments	New York	83,956	Commodities
20	Angelo Gordon & Co.	New York	82,071	Real Estate, Fixed Income
21	Element Capital Management	New York	74,801	Global Macro, Credit
22	Fortress Investment Group	New York	74,176	Private Equity, Global Macro
23	AQR Capital Management	Greenwich	72,934	Multi Strategy, Managed Futures
24	Bracebridge Capital	Boston	65,100	Absolute Returns, Commodities
25	Viking Global Investors	Greenwich	64,497	Global Macro, Long/Short
26	Tudor Investment Corporation	Stamford	63,587	Crypto, Multi Strategy
27	Brevan Howard Asset Management	London	58,630	Global Macro, Commodities
28	Coatue Management	New York	58,577
29	Tiger Global Management LLC	New York	55,957	Crypto
30	Lighthouse Investment Partners	Palm Beach Gardens	54,068	Fund of Funds, Long/Short
31	Adage Capital Management	Boston	51,964	Global Equity
32	Stone Point Capital	Greenwich	48,453	Long/Short
33	Davidson Kempner Capital Management	New York	42,974	Global Equity, Distressed Assets
34	Sculptor Capital Management	New York	42,792	Multi-Strategy, Real Estate
35	Och-Ziff Capital Management	New York	42,792	Global Macro, Convertibles
36	Farallon Capital Management	San Francisco	42,554	Multi Strategy, Arbitrage
37	GoldenTree Asset Management	New York	38,988	Credit, Absolute Returns
38	Oaktree Capital Management	Los Angeles	38,350	Fixed Income, Real Estate
39	Holocene Advisors	New York	36,692	Long/Short
40	Select Equity	New York	36,681	Equity, Long/Short
41	Symmetry Investments	Hong Kong	36,435	Credit
42	Centerbridge Partners LP	New York	36,401	Multi Strategy, Distressed Assets
43	Tenaron Capital Management	New York	34,401	Global Macro
44	Man Group	London	34,051	Global Macro, Convertibles
45	Voloridge Investment Management	Jupiter	33,840	Quantitative
46	BlackRock Alternative Advisors	New York	33,250	Global Macro, Convertibles
47	Moore Capital Management	New York	33,203	Global Macro, Emerging Markets
48	Apollo Capital	New York	32,680	Managed Futures, Credit
49	Lansdowne Partners	London	31,740	Absolute Returns, Global Macro
50	Pictet Alternative Investments	Geneva	31,715	Fund of Funds
51	Hudson Bay Capital Management	New York	31,124	Multi Strategy
52	Polar Asset Management Partners	Toronto	30,165
53	Paskewitz Asset Management	Edison	30,130	Managed Futures
54	III Capital	Boca Raton	29,947	Credit
55	Cheyne Capital	London	29,729	Real Estate, Fixed Income
56	Kayne Anderson Capital Advisors	Los Angeles	29,723	Private Equity, Multi Strategy
57	Paloma Partners	Greenwich	29,368	Multi Strategy
58	King Street Capital Management	New York	28,415	Global Macro
59	Lyxor Asset Management	Paris	27,924	Convertibles, Long/Short
60	Silver Point Capital	Greenwich	27,910	Multi Strategy, Distressed Assets
61	Ruffer	London	27,600	Absolute Returns, Multi-Strategy
62	Benefit Street Partners	New York	27,595	Credit
63	Field Street Capital Management	New York	27,484	Credit, Global Macro
64	Wellington Management Company LLP	Boston	27,210	Multi Strategy, Commodities
65	Capstone Investment Advisors LLC	New York	26,990	Derivatives, Global Equity
66	TCI Fund Management	London	26,500	Long/Short, Real Estate
67	L Catterton	Greenwich	25,631	Food and Beverage, Consumer Products
68	Caxton Associates	New York	25,576	Global Macro
69	Haidar Capital Management	New York	25,399	Global Macro, Multi Strategy
70	Baupost Group	Boston	24,767	Global Equity, Long/Short
71	Polar Capital Partners	London	23,717	Long/Short, Convertibles
72	Willis Towers Watson	London	23,543	Fund of Funds
73	BTG Pactual	Sao Paulo	23,003	Emerging Markets
74	Alyeska Investment Group	Chicago	22,030	Managed Futures
75	Horsley Bridge Partners	San Francisco	21,684	Private Equity, Fund of Funds
76	Magnetar Capital	Evanston	21,585	Multi Strategy, Managed Futures
77	Lindsell Train Limited	London	21,376	Fixed Income, Asian Equity
78	Gopher Asset Management	Shanghai	21,200	Fund of Funds, Private Equity
79	Strategic Value Partners	Greenwich	21,034	Distressed Assets
80	Marathon Asset Management	New York	20,540	Credit, Emerging Markets
81	HBK Capital Management	Dallas	20,250	Multi Strategy
82	CarVal Investors	Minneapolis	19,967	Fixed Income, Real Estate
83	Wafra Investment Group	New York	19,838	Multi Strategy
84	GAM Fund Management	Hong Kong	19,805	Fund of Funds
85	Arrowstreet Capital	Boston	19,600	Emerging Markets, Long/Short
86	Stockbridge	San Francisco	19,542	Real Estate
87	Alcentra	London	19,272	Distressed Assets
88	Guggenheim Capital Markets	New York	19,206	Multi Strategy, Fixed Income
89	Appaloosa Management	Short Hills	19,100	Global Equity, Fixed Income
90	Algebris Investments	London	18,982	Credit, UCITS
91	BFAM Partners	Hong Kong	18,965	Multi-Strategy, Credit
92	Grantham, Mayo, Van Otterloo & Co.	Boston	18,960	Emerging Markets, Global Macro
93	Marshall Wace	London	18,865	Global Macro, Multi Strategy
94	Graham Capital Management	Rowayton	18,645	Global Macro, Commodities
95	Pershing Square Capital Management	New York	18,634	Value, Activist
96	Diameter Capital Partners	New York	18,307	Credit
97	Brigade Capital Management	New York	18,266	Managed Futures, Distressed Assets
98	Onex Credit Partners	Toronto	18,260	Credit
99	OrbiMed Advisors	New York	18,211	Private Equity
100	MSD Capital	New York	18,113	Credit, Global Macro
101	Hillhouse Capital	Hong Kong	17,716	Emerging Markets
102	Sprott Asset Management	Toronto	17,603	Small Cap, Long/Short
103	Lone Pine Capital	Greenwich	17,253	Long/Short, Emerging Markets
104	Varde Partners	Minneapolis	17,245	Distressed Assets, Event Driven
105	MJX Asset Management	New York	16,706	CDO, Credit
106	Universa Investments	Miami	16,160	Quantitative
107	Neuberger Berman	New York	15,900	Fund of Funds
108	Danske Capital	Copenhagen	15,500	European Equity, Fixed Income
109	Egerton Capital	London	15,422	Long/Short
110	LMR Partners	London	15,350	Global Macro, Event Driven
111	Crestline Investors	Fort Worth	15,128	Fund of Funds, Event Driven
112	Woodline Partners	San Francisco	15,016	Long/Short
113	Waterfall Asset Management	New York	14,858	MBS, Credit
114	Beach Point Capital Management	Santa Monica	14,718	Multi Strategy, Credit
115	Bayview Asset Management	Coral Gables	14,700	Credit
116	Pharo Management	New York	14,655	Global Macro, Emerging Markets
117	Third Point LLC	New York	14,405	Event Driven, Activist
118	Nephila Capital	Larkspur	14,371	Insurance, Commodities
119	Monarch Alternative Capital	New York	14,312	Fixed Income, Distressed Assets
120	Brummer and Partners	Stockholm	14,200	Long/Short, Multi Strategy
121	Lazard Alternatives	New York	14,120	Multi Strategy, Real Estate
122	Cevian Capital	Stockholm	14,037	Activist, Event Driven
123	Systematica Investments	London	13,971	Commodities
124	BlueMountain Capital	New York	13,788	Long/Short, Credit
125	Canyon Partners	Los Angeles	13,647	Multi Strategy, Convertibles
126	Alkeon Capital Management	New York	13,604
127	JHL Capital Group	Chicago	13,519	Convertibles, Multi Strategy
128	Rockpoint Group	Boston	13,519	Real Estate
129	Commonfund Capital	Wilton	13,080	Multi Strategy, Fixed Income
130	Kirkoswold Capital Partners	London	12,909	Global Macro
131	Macquarie	Sydney	12,900	Commodities, Multi Strategy
132	Laurion Capital Management	New York	12,515	Multi Strategy
133	Knighthead Capital Management, LLC	New York	11,928	Long/Short, Credit
134	Saba Capital	New York	11,916	Credit
135	UBS Hedge Fund Solutions	Stamford	11,840	Equity
136	Gordian Capital	Singapore	11,590	Fund of Funds, Long/Short
137	Soroban Capital Partners	New York	11,429	Long/Short
138	Credit Suisse Alternatives	Zurich	11,271	Fund of Funds
139	LibreMax Capital	New York	10,970	Distressed Assets, Credit
140	Adamas Partners	Boston	10,910	Fund of Funds, Absolute Returns
141	Rockwood Capital	San Francisco	10,910	Real Estate
142	PDT Partners	New York	10,837	Quantitative
143	ABC Arbitrage	Paris	10,776	Arbitrage, Quantitative
144	Altimeter Capital	Boston	10,714	Long/Short
145	LaSalle Investment Management	Chicago	10,457	Real Estate
146	CSOP Asset Management	Hong Kong	10,453	Credit, Emerging Markets
147	Entrust Permal	New York	10,374	Fund of Funds, Long/Short
148	Capital Fund Management	New York	10,117	Managed Futures
149	Abrams Capital	Boston	10,052	Managed Futures, Opportunistic
150	Hildene Capital Management	Stamford	10,005	Distressed Assets, Credit
151	ValueAct Capital	San Francisco	9,845	Long/Short, Activist
152	Pine River Capital Management	Minnetonka	9,720	Multi Strategy, Commodities
153	Whitebox Advisors	Minneapolis	9,566	Global Macro, Convertibles
154	Redwood Capital Management	Englewood Cliffs	9,480	Credit
155	RWC London	London	9,336	Absolute Returns, Long/Short
156	Atalaya Capital Management LP	New York	9,332	Credit, Special Situations
157	Aviva Investors	London	9,305	Convertibles, Multi Strategy
158	Pacific Alternative Asset Management	Irvine	9,301	Fund of Funds, Arbitrage
159	HG Vora Capital Management	New York	9,254	Event Driven
160	Platinum Asset Management	Sydney	9,179	Equity
161	Panagora	Boston	9,110	Global Macro, Cannabis
162	Napier Park Global Capital	New York	9,104	Credit
163	Transtrend	Rotterdam	9,040	Managed Futures
164	BlueCrest Capital Management	London	9,000	Multi Strategy, Managed Futures
165	Aristeia Capital	Greenwich	8,928	Absolute Returns, Credit
166	Maverick Capital	Dallas	8,786	Global Macro, Multi Strategy
167	Taconic Capital Advisors	New York	8,758	Managed Futures, Multi Strategy
168	Whale Rock Capital Management	Boston	8,724
169	Natixis Alternative Investments	Boston	8,690	Multi Strategy, Long/Short
170	Tikehau Capital	Paris	8,582	Credit, Special Situations
171	Samlyn Capital	New York	8,111
172	Parallax Fund	San Francisco	8,103	Multi Strategy
173	Magnitude Capital	New York	8,046	Fund of Funds, Multi Strategy
174	ArcLight Capital Partners	Boston	8,040	Energy
175	Wolverine Asset Management	Chicago	7,990	Arbitrage
176	26 North	New York	7,761	Credit
177	Eminence Capital	New York	7,668	Activist
178	La Française Global Investment Solutions	Paris	7,620	Credit, Event Driven
179	Pentwater Capital Management	Evanston	7,602	Global Equity, Fixed Income
180	Oak Hill Advisors	New York	7,580	Credit, Distressed Assets
181	Avenue Capital Group	New York	7,495	Real Estate, Fixed Income
182	Lombard Odier Darier Hentsch & Cie	Petit-Lancy	7,404	Fund of Funds, Multi Strategy
183	PointState Capital	New York	7,387	Energy, Global Macro
184	Steadfast Financial LP	New York	7,216	Long/Short
185	Highbridge Capital Management	New York	7,154	Convertibles, Commodities
186	Tilden Park Capital Management	New York	7,137	Multi Strategy, Credit
187	Blue Mountain Capital Partners	London	7,100	Managed Futures, Credit
188	Libra Advisors	New York	6,945	Long/Short
189	Asia Frontier Capital	Hong Kong	6,906	Emerging Markets
190	Ardea Investment Management	Sydney, Nsw	6,862	Fixed Income
191	The Carlyle Group	New York	6,800
192	Harbert Management Corporation	Birmingham	6,724	Emerging Markets, Commodities
193	Weiss Asset Management	Boston	6,662	Multi Strategy, Long/Short
194	Shenkman Capital Management	New York	6,625	Convertibles, Fixed Income
195	Amundi Alternative Investments	Paris	6,580	Fund of Funds, Long/Short
196	Engineers Gate Manager	New York	6,476	Quantitative
197	K2 Advisors	Stamford	6,434	Fund of Funds
198	EJF Asset Management	Arlington	6,424	Event Driven
199	MKP Capital Europe	London	6,400	Multi Strategy
200	MKP Capital Management	New York	6,400	Multi Strategy, Fixed Income
201	Odey Asset Management	London	6,400	Absolute Returns, Long/Short
202	Corbin Capital Partners	New York	6,381	Fund of Funds, Global Macro
203	VR Advisory Services Ltd.	New York	6,364	Distressed
204	HPS Investment Partners	New York	6,350	Credit
205	Anchorage Capital Group	New York	6,348	Credit, Event Driven
206	Grove Street Advisors	Newton	6,347	Fund of Funds
207	Overlook Investments Group	Hong Kong	6,312
208	Ellington Management Group	Old Greenwich	6,223	ABS, Credit
209	Investec Asset Management	London	6,210	Multi Strategy
210	Trian Fund Management LP	New York	6,202	Event Driven
211	SPX Capital	Rio de Janeiro	6,150	Global Macro, Commodities
212	Candlestick Capital	Greenwich	6,086	Equity
213	BVF Partners	San Francisco	6,058	Biotech
214	Segantii Capital Management	Hong Kong	5,825	Multi Strategy
215	400 Capital Management LLC	New York	5,785	Credit
216	SPARX Group Co.	Tokyo	5,669	Asian Equity
217	Aquatic Capital Management LLC	Chicago	5,540
218	Altrinsic Global Advisors	Greenwich	5,485	Equity
219	Gramercy	Greenwich	5,427	Multi Strategy, Emerging Markets
220	Sagard Holdings Manager LP	Toronto	5,396	Multi-Strategy, Credit
221	Stone Milliner Asset Management	London	5,380	FX, Global Macro
222	Senator Investment Group	New York	5,344	Long/Short
223	GMT Capital	Atlanta	5,271	Long/Short, Value
224	ZAIS Group Limited	London	5,240	Fixed Income
225	Luxor Capital Group	New York	5,205	Event Driven
226	Dymon Asia	Singapore	5,200	Global Macro
227	Ellerston Capital	Sydney	5,120	Fund of Funds, Special Situations
228	Olympia Capital Management	New York	5,100	Fund of Funds
229	Avanda Investment Management	Singapore	5,020	Multi Strategy
230	Ecor1 Capital	San Francisco	5,002	Healthcare
231	Empyrean Capital Partners	Los Angeles	4,988	Fixed Income, Convertibles
232	Cantab Capital Partners	Cambridge	4,910	Global Macro, Quantitative
233	North Rock Capital LLC	New York	4,900	Fund of Funds
234	Birch Grove Capital	New York	4,809	Credit
235	Perella Weinberg Partners	New York	4,701	Event Driven
236	57 Stars	Washington	4,583	Emerging Markets
237	Emso Asset Management Limited	London	4,527
238	HighVista Strategies	Boston	4,472	Multi Strategy
239	Winton Capital Management	London	4,459	Managed Futures, Absolute Returns
240	Cadian Capital	New York	4,404	Long/Short
241	Hawk Ridge Capital Management	Los Angeles	4,364
242	Tennenbaum Capital Partners	Santa Monica	4,326	Multi Strategy, Credit
243	TIG Advisors	New York	4,323	Global Equity, Long/Short
244	Contrarian Capital Management	Greenwich	4,171	Multi Strategy, Distressed Assets
245	Evanston Capital Management	Evanston	4,156	Fund of Funds, Multi Strategy
246	Rubric Capital Management	New York	4,126
247	Axonic Capital LLC	New York	4,116	Long/Short, Credit
248	HSBC Alternative Investments	London	4,095	Multi Strategy, Global Macro
249	JP Morgan Alternative Investments	New York	4,053	Multi Strategy, Fund of Funds
250	Anomaly Capital Management	New York	4,011	Long/Short

Key Statistics

There are some minor changes for the 2024 top hedge fund rankings versus the list of top hedge funds for the prior year. The top 250 hedge funds in the world now manage $6.84 trillion in assets under management (AUM). This is down modestly from 2023.
The largest hedge funds in 2024 are Citadel Investment Group, Bridgewater Associates, Ares Management, and Balyasny Asset Management, Millennium Capital Partners, and Rokos Capital Management. These five funds alone manage more than $1.3 trillion in assets.
Eight of the ten biggest hedge funds are based in the US. Rokos Capital Management of London is the largest non-US hedge fund on the list of largest hedge funds for 2024.
32 of the top 250 hedge fund managers are based in the United Kingdom (12.8%)
8 of the top 250 hedge fund managers for 2024 are based in Hong Kong (3.2%)
190 of the top 250 hedge funds for 2024 are based in the USA (76.0%)
93 of the top 250 hedge funds are based in New York (37.2%)
32 of the top 250 hedge funds are based in London (12.8%)
13 of the top hedge funds for 2024 are based in Greenwich, CT (5.2%)
16 of the top 250 hedge funds are based in Boston, MA (6.4%)