Download Sample Hedge Fund List

Click here to subscribe

Top 100 US Hedge Funds for 2020

Below is a list of the top 100 largest hedge funds in the United States, ranked by assets under management (AUM) for 2020.


51% of the 100 largest US hedge funds are based in New York City. This is more than 6 times as many as Boston, the US’ second largest home to top 100 hedge funds.


As of Q3, 2020 the United States’ biggest hedge fund management company, and also the largest in the world, 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 United States’ 100 largest hedge funds.

Top 100 Hedge Funds in the United States, 2020

Firm NameCityCountryAUM($Millions)12 mo. % Change in AUMStrategies
AQR Capital ManagementGreenwichUnited States248,897-7.8Multi Strategy, Managed Futures, Event Driven
Bridgewater AssociatesWestportUnited States235,6120.3Long/Short, Global Macro
Citadel Investment GroupChicagoUnited States234,68020.9Convertibles, Multi Strategy
Millennium Capital PartnersNew YorkUnited States218,000Multi Strategy
Renaissance TechnologiesEast SetauketUnited States165,96926.7Crypto, Multi Strategy
Alphadyne Asset ManagementNew YorkUnited States120,72337.7Equity, Managed Futures, Global Macro
Balyasny Asset ManagementChicagoUnited States118,425-25.0Multi Strategy, Global Equity, Multi Strategy
Fortress Investment GroupNew YorkUnited States110,89426.4Private Equity, Global Macro, Special Situations
Goldman Sachs Asset ManagementNew YorkUnited States106,24028.8Multi Strategy, Fund of Funds
Ares ManagementLos AngelesUnited States99,06217.9Managed Futures, Fixed Income, Consumer Products
Point72 Asset ManagementStamfordUnited States91,33221.50
DE ShawNew YorkUnited States82,1226.5Absolute Returns
Garda CapitalMinneapolisUnited States78,06735.7Global Macro
Tenaron Capital ManagementNew YorkUnited States75,6464.3Global Macro
III CapitalBoca RatonUnited States73,72775.9Credit
Elliott ManagementNew YorkUnited States73,5118.3Global Equity, Credit, Event Driven
Field Street Capital ManagementNew YorkUnited States68,909-6.3Credit, Global Macro
Two Sigma InvestmentsNew YorkUnited States66,1438.4Commodities
Cerberus Capital ManagementNew YorkUnited States61,34810.1Credit, Real Estate, Private Equity
Angelo Gordon & Co.New YorkUnited States56,27723.2Real Estate, Fixed Income, Managed Futures
Lighthouse Investment PartnersPalm Beach GardensUnited States56,23524.3Fund of Funds, Long/Short, Managed Futures
Element Capital ManagementNew YorkUnited States51,768-5.6Global Macro, Credit
Och-Ziff Capital ManagementNew YorkUnited States45,4745.6Global Macro, Convertibles, Distressed Assets
Adage Capital ManagementBostonUnited States45,4717.6Global Equity
Viking Global InvestorsGreenwichUnited States42,12321.3Global Macro, Long/Short
Tiger Global Management LLCNew YorkUnited States41,17213.3Crypto
Pine River Capital ManagementMinnetonkaUnited States40,92019.8Multi Strategy, Commodities, Fixed Income
Tudor Investment CorporationStamfordUnited States38,3981.0Crypto, Multi Strategy, Global Macro
Oaktree Capital ManagementLos AngelesUnited States38,350-1.4Fixed Income, Real Estate, Distressed Assets
Bracebridge CapitalBostonUnited States36,80938.4Absolute Returns, Commodities, Credit
MKP Capital ManagementNew YorkUnited States35,975116.7Multi Strategy, Fixed Income
Davidson Kempner Capital ManagementNew YorkUnited States35,8673.7Global Equity, Distressed Assets
Moore Capital ManagementNew YorkUnited States35,4553.7Global Macro, Emerging Markets
Graham Capital ManagementRowaytonUnited States34,61930.5Global Macro, Commodities, Energy
BlackRock Alternative AdvisorsNew YorkUnited States33,25027.7Global Macro, Convertibles, Managed Futures
Apollo CapitalNew YorkUnited States32,68028.4Managed Futures, Credit
Farallon Capital ManagementSan FranciscoUnited States32,385-3.7Multi Strategy, Arbitrage, Real Estate
Select EquityNew YorkUnited States31,64435.2Equity, Long/Short
Lone Pine CapitalGreenwichUnited States30,21515.6Long/Short, Emerging Markets
Baupost GroupBostonUnited States30,214-1.7Global Equity, Long/Short, Value
Kayne Anderson Capital AdvisorsLos AngelesUnited States29,81218.9Private Equity, Multi Strategy
Pharo ManagementNew YorkUnited States28,41130.3Global Macro, Emerging Markets
Anchorage Capital GroupNew YorkUnited States28,296-5.0Credit, Event Driven, Long/Short
GoldenTree Asset ManagementNew YorkUnited States28,0375.0Credit, Absolute Returns, Real Estate
Wellington Management Company LLPBostonUnited States27,21016.3Multi Strategy, Commodities
Capstone Investment Advisors LLCNew YorkUnited States26,990Derivatives, Global Equity
Brigade Capital ManagementNew YorkUnited States26,75632.3Managed Futures, Distressed Assets, Long/Short
Coatue ManagementNew YorkUnited States25,78122.80
King Street Capital ManagementNew YorkUnited States24,505-6.0Global Macro, FX, Long/Short
HBK Capital ManagementDallasUnited States23,028-22.6Multi Strategy
Magnetar CapitalEvanstonUnited States22,958-3.2Multi Strategy, Managed Futures, Event Driven
Caxton AssociatesNew YorkUnited States22,61227.5Global Macro
Centerbridge Partners LPNew YorkUnited States21,711-1.5Multi Strategy, Distressed Assets, Managed Futures
Marathon Asset ManagementNew YorkUnited States21,25813.7Credit, Emerging Markets, Distressed Assets
Third Point LLCNew YorkUnited States21,0899.4Event Driven, Activist
Canyon PartnersLos AngelesUnited States20,995-1.7Multi Strategy, Convertibles, Managed Futures
Varde PartnersMinneapolisUnited States20,98010.5Distressed Assets, Event Driven, Credit
Benefit Street PartnersNew YorkUnited States20,633-10.4Credit
York Capital ManagementNew YorkUnited States20,6090.7Event Driven
Nephila CapitalLarkspurUnited States19,79324.7Insurance, Commodities
Arrowstreet CapitalBostonUnited States19,60021.9Emerging Markets, Long/Short
Appaloosa ManagementShort HillsUnited States19,1000.0Global Equity, Fixed Income, Distressed Assets
Grantham, Mayo, Van Otterloo & Co.BostonUnited States18,9607.9Emerging Markets, Global Macro, Energy
UBS Hedge Fund SolutionsStamfordUnited States18,707-3.1Equity
Haidar Capital ManagementNew YorkUnited States18,54356.7Global Macro, Multi Strategy, Long/Short
MJX Asset ManagementNew YorkUnited States16,0566.0CDO, Credit
Wafra Investment GroupNew YorkUnited States16,03510.0Multi Strategy
Neuberger BermanNew YorkUnited States15,9000.0Fund of Funds
KLS DiversifiedNew YorkUnited States15,892-8.9Fixed Income, Commodities
Horsley Bridge PartnersSan FranciscoUnited States15,81211.8Private Equity, Fund of Funds
CarVal InvestorsMinneapolisUnited States15,734-1.8Fixed Income, Real Estate
Crestline InvestorsFort WorthUnited States15,31820.4Fund of Funds, Event Driven
OrbiMed AdvisorsNew YorkUnited States14,9110.1Private Equity
BlueMountain CapitalNew YorkUnited States14,807-51.4Long/Short, Credit
Bayview Asset ManagementCoral GablesUnited States14,70012.5Credit
LaSalle Investment ManagementChicagoUnited States14,321-3.1Real Estate
Lazard AlternativesNew YorkUnited States14,12011.1Multi Strategy, Real Estate, Long/Short
Eminence CapitalNew YorkUnited States14,03466.3Activist
Beach Point Capital ManagementSanta MonicaUnited States13,78510.6Multi Strategy, Credit
Silver Point CapitalGreenwichUnited States13,5712.0Multi Strategy, Distressed Assets, Credit
EJF Asset ManagementArlingtonUnited States13,4851.4Event Driven, ABS
Ellington Management GroupOld GreenwichUnited States13,37924.1ABS, Credit
Tilden Park Capital ManagementNew YorkUnited States13,313-29.1Multi Strategy, Credit
Carlson Alternative AdvisorsDallasUnited States12,910-19.3Private Equity, Multi Strategy, Managed Futures
Rockpoint GroupBostonUnited States12,88025.5Real Estate
Maverick CapitalDallasUnited States12,605-6.6Global Macro, Multi Strategy, Long/Short
Steadfast Financial LPNew YorkUnited States12,55038.5Long/Short
Waterfall Asset ManagementNew YorkUnited States12,43039.0MBS, Credit
Perella Weinberg PartnersNew YorkUnited States12,420-19.5Event Driven
ValueAct CapitalSan FranciscoUnited States12,343-11.5Long/Short, Activist
Paloma PartnersGreenwichUnited States12,21229.0Multi Strategy
Metacapital Management LPNew YorkUnited States11,89297.8Fixed Income, MBS
PDT PartnersNew YorkUnited States11,5490.2Quantitative
Trian Fund Management LPNew YorkUnited States11,31319.30
Parallax FundSan FranciscoUnited States11,205-17.3Multi Strategy
Alkeon Capital ManagementNew YorkUnited States11,05858.60
K2 AdvisorsStamfordUnited States10,7695.9Fund of Funds
Paulson & Co.New YorkUnited States10,68924.7Multi Strategy, Event Drive, Arbitrage
Paskewitz Asset ManagementEdisonUnited States10,6541.5Managed Futures
Alyeska Investment GroupChicagoUnited States10,4227.6Managed Futures
ArcLight Capital PartnersBostonUnited States10,401-0.3Energy

Want more detailed info on the hedge funds above as well as thousands of other US hedge funds? View the US Hedge Fund List