Top 100 Global Hedge Funds for 2020
Below is a list of the top 100 largest hedge funds in the world, ranked by assets under management (AUM) for 2020.
Nearly 75% of the largest hedge fund companies by AUM are based in the United States. The UK is also home to a signficant number of the top hedge fund managers.
As of Q3, 2020 the world’s biggest hedge fund management company is AQR Capital Management, with nearly $250 billion USD in assets under management as of September 1, 2020. Global macro hedge funds are the mostly highly represented strategy among the world’s 100 largest hedge funds.
Top 100 Hedge Funds 2020
Firm Name City Country AUM($Millions) 12 mo. Change in AUM Strategies AQR Capital Management Greenwich United States 248,897 -0.1 Multi Strategy, Managed Futures, Event Driven Bridgewater Associates Westport United States 235,612 0.0 Long/Short, Global Macro Citadel Investment Group Chicago United States 234,679 0.2 Convertibles, Multi Strategy Millennium Capital Partners New York United States 218,000 Multi Strategy Renaissance Technologies East Setauket United States 165,968 0.3 Crypto, Multi Strategy Alphadyne Asset Management New York United States 120,723 0.4 Equity, Managed Futures, Global Macro Balyasny Asset Management Chicago United States 118,425 -0.2 Multi Strategy, Global Equity, Multi Strategy Fortress Investment Group New York United States 110,894 0.3 Private Equity, Global Macro, Special Situations Goldman Sachs Asset Management New York United States 106,240 0.3 Multi Strategy, Fund of Funds Capula Investment Management LLP London United Kingdom 105,951 0.4 Absolute Returns, Credit Ares Management Los Angeles United States 99,062 0.2 Managed Futures, Fixed Income, Consumer Products Point72 Asset Management Stamford United States 91,332 0.2 0 DE Shaw New York United States 82,122 0.1 Absolute Returns Garda Capital Minneapolis United States 78,067 0.4 Global Macro Tenaron Capital Management New York United States 75,646 0.0 Global Macro III Capital Boca Raton United States 73,727 0.8 Credit Elliott Management New York United States 73,511 0.1 Global Equity, Credit, Event Driven Field Street Capital Management New York United States 68,908 -0.1 Credit, Global Macro Two Sigma Investments New York United States 66,143 0.1 Commodities Cerberus Capital Management New York United States 61,347 0.1 Credit, Real Estate, Private Equity Brevan Howard Asset Management London United Kingdom 58,630 2.9 Global Macro, Commodities Angelo Gordon & Co. New York United States 56,276 0.2 Real Estate, Fixed Income, Managed Futures Lighthouse Investment Partners Palm Beach Gardens United States 56,235 0.2 Fund of Funds, Long/Short, Managed Futures Element Capital Management New York United States 51,768 -0.1 Global Macro, Credit Lyxor Asset Management Paris France 47,737 0.2 Convertibles, Long/Short, Distressed Assets Och-Ziff Capital Management New York United States 45,473 0.1 Global Macro, Convertibles, Distressed Assets Adage Capital Management Boston United States 45,471 0.1 Global Equity Viking Global Investors Greenwich United States 42,123 0.2 Global Macro, Long/Short Tiger Global Management LLC New York United States 41,172 0.1 Crypto Pine River Capital Management Minnetonka United States 40,920 0.2 Multi Strategy, Commodities, Fixed Income Tudor Investment Corporation Stamford United States 38,397 0.0 Crypto, Multi Strategy, Global Macro Oaktree Capital Management Los Angeles United States 38,350 0.0 Fixed Income, Real Estate, Distressed Assets Bracebridge Capital Boston United States 36,808 0.4 Absolute Returns, Commodities, Credit Symmetry Investments Hong Kong Hong Kong 36,435 Credit MKP Capital Management New York United States 35,974 1.2 Multi Strategy, Fixed Income Davidson Kempner Capital Management New York United States 35,867 0.0 Global Equity, Distressed Assets Moore Capital Management New York United States 35,454 0.0 Global Macro, Emerging Markets Hillhouse Capital Hong Kong Hong Kong 35,133 0.2 Emerging Markets Graham Capital Management Rowayton United States 34,618 0.3 Global Macro, Commodities, Energy BlackRock Alternative Advisors New York United States 33,250 0.3 Global Macro, Convertibles, Managed Futures Apollo Capital New York United States 32,680 0.3 Managed Futures, Credit Farallon Capital Management San Francisco United States 32,384 0.0 Multi Strategy, Arbitrage, Real Estate Lansdowne Partners London United Kingdom 31,740 0.0 Absolute Returns, Global Macro, Long/Short Pictet Alternative Investments Geneva Switzerland 31,715 0.0 Fund of Funds Select Equity New York United States 31,643 0.4 Equity, Long/Short Lone Pine Capital Greenwich United States 30,214 0.2 Long/Short, Emerging Markets Baupost Group Boston United States 30,214 0.0 Global Equity, Long/Short, Value GAM Fund Management Hong Kong Hong Kong 30,040 -0.1 Fund of Funds Kayne Anderson Capital Advisors Los Angeles United States 29,811 0.2 Private Equity, Multi Strategy Pharo Management New York United States 28,411 0.3 Global Macro, Emerging Markets Anchorage Capital Group New York United States 28,296 -0.1 Credit, Event Driven, Long/Short BTG Pactual Sao Paulo Brazil 28,210 0.1 Emerging Markets GSA Capital London United Kingdom 28,157 -0.4 0 GoldenTree Asset Management New York United States 28,036 0.1 Credit, Absolute Returns, Real Estate Wellington Management Company LLP Boston United States 27,210 0.2 Multi Strategy, Commodities Capstone Investment Advisors LLC New York United States 26,990 Derivatives, Global Equity Brigade Capital Management New York United States 26,755 0.3 Managed Futures, Distressed Assets, Long/Short Coatue Management New York United States 25,781 0.2 0 King Street Capital Management New York United States 24,504 -0.1 Global Macro, FX, Long/Short Cheyne Capital London United Kingdom 23,302 0.0 Real Estate, Fixed Income, Long/Short HBK Capital Management Dallas United States 23,027 -0.2 Multi Strategy Magnetar Capital Evanston United States 22,958 0.0 Multi Strategy, Managed Futures, Event Driven Lindsell Train Limited London United Kingdom 22,656 -0.1 Fixed Income, Asian Equity, Global Macro Caxton Associates New York United States 22,611 0.3 Global Macro Alcentra London United Kingdom 22,356 0.4 Distressed Assets Centerbridge Partners LP New York United States 21,711 0.0 Multi Strategy, Distressed Assets, Managed Futures Marathon Asset Management New York United States 21,258 0.1 Credit, Emerging Markets, Distressed Assets Third Point LLC New York United States 21,089 0.1 Event Driven, Activist Canyon Partners Los Angeles United States 20,994 0.0 Multi Strategy, Convertibles, Managed Futures Varde Partners Minneapolis United States 20,980 0.1 Distressed Assets, Event Driven, Credit Benefit Street Partners New York United States 20,632 -0.1 Credit York Capital Management New York United States 20,608 0.0 Event Driven Egerton Capital London United Kingdom 20,232 -0.1 Long/Short Nephila Capital Larkspur United States 19,793 0.2 Insurance, Commodities Arrowstreet Capital Boston United States 19,600 0.2 Emerging Markets, Long/Short Winton Capital Management London United Kingdom 19,243 0.0 Managed Futures, Absolute Returns, Long/Short Appaloosa Management Short Hills United States 19,100 0.0 Global Equity, Fixed Income, Distressed Assets Grantham, Mayo, Van Otterloo & Co. Boston United States 18,960 0.1 Emerging Markets, Global Macro, Energy Marshall Wace London United Kingdom 18,854 -0.1 Global Macro, Multi Strategy UBS Hedge Fund Solutions Stamford United States 18,706 0.0 Equity Haidar Capital Management New York United States 18,543 0.6 Global Macro, Multi Strategy, Long/Short Polar Capital Partners London United Kingdom 16,752 -0.1 Long/Short, Convertibles Platinum Asset Management Sydney Australia 16,431 -0.1 Equity MJX Asset Management New York United States 16,056 0.1 CDO, Credit Wafra Investment Group New York United States 16,035 0.1 Multi Strategy Neuberger Berman New York United States 15,900 0.0 Fund of Funds KLS Diversified New York United States 15,891 -0.1 Fixed Income, Commodities Algebris Investments London United Kingdom 15,864 0.4 Credit, UCITS, Emerging Markets Horsley Bridge Partners San Francisco United States 15,811 0.1 Private Equity, Fund of Funds CarVal Investors Minneapolis United States 15,734 0.0 Fixed Income, Real Estate Danske Capital Copenhagen Denmark 15,500 European Equity, Fixed Income, Global Macro LMR Partners London United Kingdom 15,350 Global Macro, Event Driven Crestline Investors Fort Worth United States 15,317 0.2 Fund of Funds, Event Driven OrbiMed Advisors New York United States 14,910 0.0 Private Equity BlueMountain Capital New York United States 14,806 -0.5 Long/Short, Credit Bayview Asset Management Coral Gables United States 14,700 0.1 Credit Man Group London United Kingdom 14,657 1.0 Global Macro, Convertibles, Crypto Aviva Investors London United Kingdom 14,553 0.9 Convertibles, Multi Strategy, Global Equity LaSalle Investment Management Chicago United States 14,321 0.0 Real Estate Brummer and Partners Stockholm Sweden 14,200 Long/Short, Multi Strategy, Global Macro