Top 100 Largest US Hedge Funds 2022

2022 Top 100 US Hedge Funds Overview

There are some minor changes for the 2022 largest hedge fund rankings versus the list of top hedge funds for 2021. Combined, the top 100 US hedge funds managed $4.62 trillion in assets as of 2022, an increase of more than 50% over 2021.

The top 10 US hedge funds manage more than $1.7 trillion. Multi-strategy, global macro, and credit are the most common strategies employed by the United State’s largest funds.

Just over half of the largest hedge funds in the US (52 of top 100) are headquartered in New York City. Boston and Greenwich finish a distant second and third in terms of the US’ largest hedge funds by assets.

Top 100 US Hedge Funds 2022

List of the top 100 hedge funds in the United States for 2022 ranked by assets under management (AUM)

2022 Rank Fund Name City AUM ($ millions) Strategy

1 Citadel Investment Group Chicago 244,269.6 Convertibles

2 Bridgewater Associates Westport 223,014.0 Long/Short

3 Millennium Capital Partners New York 218,000.0 Multi Strategy

4 Mariner Investment Group LLC New York 187,902.2 Arbitrage

5 AQR Capital Management Greenwich 164,441.4 Multi Strategy

6 Balyasny Asset Management Chicago 160,245.3 Multi Strategy

7 Ares Management Los Angeles 135,448.1 Managed Futures

8 Renaissance Technologies East Setauket 130,857.8 Crypto

9 Alphadyne Asset Management New York 128,132.3 Equity

10 Point72 Asset Management Stamford 117,537.5

11 DE Shaw New York 111,937.1 Absolute Returns

12 Exoduspoint Capital Management, LP New York 109,623.9 Multi-Strategy

13 Goldman Sachs Asset Management New York 106,240.0 Multi Strategy

14 Fortress Investment Group New York 102,427.5 Private Equity

15 Garda Capital Minneapolis 97,024.5 Global Macro

16 Tiger Global Management LLC New York 79,149.6 Crypto

17 Cerberus Capital Management New York 70,510.6 Credit

18 Two Sigma Investments New York 68,902.8 Commodities

19 Element Capital Management New York 62,026.4 Global Macro

20 Lighthouse Investment Partners Palm Beach Gardens 61,866.1 Fund of Funds

21 Sculptor Capital Management New York 61,859.7 Multi-Strategy

22 Och-Ziff Capital Management New York 61,859.7 Global Macro

23 Angelo Gordon & Co. New York 59,597.6 Real Estate

24 Viking Global Investors Greenwich 59,160.8 Global Macro

25 Adage Capital Management Boston 49,687.1 Global Equity

26 Coatue Management New York 48,605.0

27 Tudor Investment Corporation Stamford 44,580.1 Crypto

28 Select Equity New York 43,912.3 Equity

29 Davidson Kempner Capital Management New York 42,249.9 Global Equity

30 Field Street Capital Management New York 41,982.8 Credit

31 GoldenTree Asset Management New York 40,543.0 Credit

32 Oaktree Capital Management Los Angeles 38,350.0 Fixed Income

33 Farallon Capital Management San Francisco 37,946.5 Multi Strategy

34 Bracebridge Capital Boston 37,303.2 Absolute Returns

35 Lone Pine Capital Greenwich 36,646.4 Long/Short

36 BlackRock Alternative Advisors New York 33,250.0 Global Macro

37 Kayne Anderson Capital Advisors Los Angeles 32,684.3 Private Equity

38 Apollo Capital New York 32,680.0 Managed Futures

39 Baupost Group Boston 32,019.7 Global Equity

40 Anchorage Capital Group New York 30,599.2 Credit

41 Moore Capital Management New York 30,307.6 Global Macro

42 III Capital Boca Raton 29,678.1 Credit

43 Brigade Capital Management New York 29,479.2 Managed Futures

44 Shenkman Capital Management New York 27,531.4 Convertibles

45 Wellington Management Company LLP Boston 27,210.0 Multi Strategy

46 Capstone Investment Advisors LLC New York 26,990.0 Derivatives

47 Third Point LLC New York 25,994.0 Event Driven

48 Tenaron Capital Management New York 25,969.1 Global Macro

49 Magnetar Capital Evanston 25,961.4 Multi Strategy

50 Caxton Associates New York 25,697.1 Global Macro

51 Pharo Management New York 25,656.0 Global Macro

52 Haidar Capital Management New York 25,205.4 Global Macro

53 Centerbridge Partners LP New York 24,815.4 Multi Strategy

54 Whale Rock Capital Management Boston 24,748.8

55 Marathon Asset Management New York 24,077.0 Credit

56 Benefit Street Partners New York 23,768.6 Credit

57 Varde Partners Minneapolis 23,362.6 Distressed Assets

58 UBS Hedge Fund Solutions Stamford 22,442.5 Equity

59 Wafra Investment Group New York 22,091.0 Multi Strategy

60 King Street Capital Management New York 21,888.7 Global Macro

61 Holocene Advisors New York 21,829.9 Long/Short

62 Alkeon Capital Management New York 21,817.8

63 OrbiMed Advisors New York 21,447.0 Private Equity

64 Canyon Partners Los Angeles 20,850.4 Multi Strategy

65 Parallax Fund San Francisco 20,789.6 Multi Strategy

66 Altimeter Capital Boston 20,660.1 Long/Short

67 Voloridge Investment Management Jupiter 20,370.1 Quantitative

68 Nephila Capital Larkspur 20,131.8 Insurance

69 L Catterton Greenwich 19,833.8 Food and Beverage

70 HBK Capital Management Dallas 19,773.6 Multi Strategy

71 Arrowstreet Capital Boston 19,600.0 Emerging Markets

72 Appaloosa Management Short Hills 19,100.0 Global Equity

73 Grantham, Mayo, Van Otterloo & Co. Boston 18,960.0 Emerging Markets

74 Graham Capital Management Rowayton 18,460.0 Global Macro

75 CarVal Investors Minneapolis 17,590.7 Fixed Income

76 Horsley Bridge Partners San Francisco 17,439.0 Private Equity

77 Crestline Investors Fort Worth 17,435.0 Fund of Funds

78 Beach Point Capital Management Santa Monica 17,333.9 Multi Strategy

79 York Capital Management New York 16,796.9 Event Driven

80 MJX Asset Management New York 16,164.0 CDO

81 Neuberger Berman New York 15,900.0 Fund of Funds

82 Silver Point Capital Greenwich 15,880.4 Multi Strategy

83 LaSalle Investment Management Chicago 15,437.5 Real Estate

84 Hudson Bay Capital Management New York 14,987.5 Multi Strategy

85 Bayview Asset Management Coral Gables 14,700.0 Credit

86 Steadfast Financial LP New York 14,548.9 Long/Short

87 Pershing Square Capital Management New York 14,452.3 Value

88 Commonfund Capital Wilton 14,388.2 Multi Strategy

89 Lazard Alternatives New York 14,120.0 Multi Strategy

90 Wolverine Asset Management Chicago 14,068.4 Arbitrage

91 TIG Advisors New York 14,005.4 Global Equity

92 ValueAct Capital San Francisco 13,697.5 Long/Short

93 BlueMountain Capital New York 13,676.1 Long/Short

94 Entrust Permal New York 13,658.6 Fund of Funds

95 Waterfall Asset Management New York 13,535.7 MBS

96 Hildene Capital Management Stamford 13,239.5 Distressed Assets

97 Paskewitz Asset Management Edison 13,196.9 Managed Futures

98 LibreMax Capital New York 13,081.5 Distressed Assets

99 Ellington Management Group Old Greenwich 12,851.4 ABS

100 PDT Partners New York 12,800.4 Quantitative

2022 Rank	Fund Name	City	AUM ($ millions)	Strategy
1	Citadel Investment Group	Chicago	244,269.6	Convertibles
2	Bridgewater Associates	Westport	223,014.0	Long/Short
3	Millennium Capital Partners	New York	218,000.0	Multi Strategy
4	Mariner Investment Group LLC	New York	187,902.2	Arbitrage
5	AQR Capital Management	Greenwich	164,441.4	Multi Strategy
6	Balyasny Asset Management	Chicago	160,245.3	Multi Strategy
7	Ares Management	Los Angeles	135,448.1	Managed Futures
8	Renaissance Technologies	East Setauket	130,857.8	Crypto
9	Alphadyne Asset Management	New York	128,132.3	Equity
10	Point72 Asset Management	Stamford	117,537.5
11	DE Shaw	New York	111,937.1	Absolute Returns
12	Exoduspoint Capital Management, LP	New York	109,623.9	Multi-Strategy
13	Goldman Sachs Asset Management	New York	106,240.0	Multi Strategy
14	Fortress Investment Group	New York	102,427.5	Private Equity
15	Garda Capital	Minneapolis	97,024.5	Global Macro
16	Tiger Global Management LLC	New York	79,149.6	Crypto
17	Cerberus Capital Management	New York	70,510.6	Credit
18	Two Sigma Investments	New York	68,902.8	Commodities
19	Element Capital Management	New York	62,026.4	Global Macro
20	Lighthouse Investment Partners	Palm Beach Gardens	61,866.1	Fund of Funds
21	Sculptor Capital Management	New York	61,859.7	Multi-Strategy
22	Och-Ziff Capital Management	New York	61,859.7	Global Macro
23	Angelo Gordon & Co.	New York	59,597.6	Real Estate
24	Viking Global Investors	Greenwich	59,160.8	Global Macro
25	Adage Capital Management	Boston	49,687.1	Global Equity
26	Coatue Management	New York	48,605.0
27	Tudor Investment Corporation	Stamford	44,580.1	Crypto
28	Select Equity	New York	43,912.3	Equity
29	Davidson Kempner Capital Management	New York	42,249.9	Global Equity
30	Field Street Capital Management	New York	41,982.8	Credit
31	GoldenTree Asset Management	New York	40,543.0	Credit
32	Oaktree Capital Management	Los Angeles	38,350.0	Fixed Income
33	Farallon Capital Management	San Francisco	37,946.5	Multi Strategy
34	Bracebridge Capital	Boston	37,303.2	Absolute Returns
35	Lone Pine Capital	Greenwich	36,646.4	Long/Short
36	BlackRock Alternative Advisors	New York	33,250.0	Global Macro
37	Kayne Anderson Capital Advisors	Los Angeles	32,684.3	Private Equity
38	Apollo Capital	New York	32,680.0	Managed Futures
39	Baupost Group	Boston	32,019.7	Global Equity
40	Anchorage Capital Group	New York	30,599.2	Credit
41	Moore Capital Management	New York	30,307.6	Global Macro
42	III Capital	Boca Raton	29,678.1	Credit
43	Brigade Capital Management	New York	29,479.2	Managed Futures
44	Shenkman Capital Management	New York	27,531.4	Convertibles
45	Wellington Management Company LLP	Boston	27,210.0	Multi Strategy
46	Capstone Investment Advisors LLC	New York	26,990.0	Derivatives
47	Third Point LLC	New York	25,994.0	Event Driven
48	Tenaron Capital Management	New York	25,969.1	Global Macro
49	Magnetar Capital	Evanston	25,961.4	Multi Strategy
50	Caxton Associates	New York	25,697.1	Global Macro
51	Pharo Management	New York	25,656.0	Global Macro
52	Haidar Capital Management	New York	25,205.4	Global Macro
53	Centerbridge Partners LP	New York	24,815.4	Multi Strategy
54	Whale Rock Capital Management	Boston	24,748.8
55	Marathon Asset Management	New York	24,077.0	Credit
56	Benefit Street Partners	New York	23,768.6	Credit
57	Varde Partners	Minneapolis	23,362.6	Distressed Assets
58	UBS Hedge Fund Solutions	Stamford	22,442.5	Equity
59	Wafra Investment Group	New York	22,091.0	Multi Strategy
60	King Street Capital Management	New York	21,888.7	Global Macro
61	Holocene Advisors	New York	21,829.9	Long/Short
62	Alkeon Capital Management	New York	21,817.8
63	OrbiMed Advisors	New York	21,447.0	Private Equity
64	Canyon Partners	Los Angeles	20,850.4	Multi Strategy
65	Parallax Fund	San Francisco	20,789.6	Multi Strategy
66	Altimeter Capital	Boston	20,660.1	Long/Short
67	Voloridge Investment Management	Jupiter	20,370.1	Quantitative
68	Nephila Capital	Larkspur	20,131.8	Insurance
69	L Catterton	Greenwich	19,833.8	Food and Beverage
70	HBK Capital Management	Dallas	19,773.6	Multi Strategy
71	Arrowstreet Capital	Boston	19,600.0	Emerging Markets
72	Appaloosa Management	Short Hills	19,100.0	Global Equity
73	Grantham, Mayo, Van Otterloo & Co.	Boston	18,960.0	Emerging Markets
74	Graham Capital Management	Rowayton	18,460.0	Global Macro
75	CarVal Investors	Minneapolis	17,590.7	Fixed Income
76	Horsley Bridge Partners	San Francisco	17,439.0	Private Equity
77	Crestline Investors	Fort Worth	17,435.0	Fund of Funds
78	Beach Point Capital Management	Santa Monica	17,333.9	Multi Strategy
79	York Capital Management	New York	16,796.9	Event Driven
80	MJX Asset Management	New York	16,164.0	CDO
81	Neuberger Berman	New York	15,900.0	Fund of Funds
82	Silver Point Capital	Greenwich	15,880.4	Multi Strategy
83	LaSalle Investment Management	Chicago	15,437.5	Real Estate
84	Hudson Bay Capital Management	New York	14,987.5	Multi Strategy
85	Bayview Asset Management	Coral Gables	14,700.0	Credit
86	Steadfast Financial LP	New York	14,548.9	Long/Short
87	Pershing Square Capital Management	New York	14,452.3	Value
88	Commonfund Capital	Wilton	14,388.2	Multi Strategy
89	Lazard Alternatives	New York	14,120.0	Multi Strategy
90	Wolverine Asset Management	Chicago	14,068.4	Arbitrage
91	TIG Advisors	New York	14,005.4	Global Equity
92	ValueAct Capital	San Francisco	13,697.5	Long/Short
93	BlueMountain Capital	New York	13,676.1	Long/Short
94	Entrust Permal	New York	13,658.6	Fund of Funds
95	Waterfall Asset Management	New York	13,535.7	MBS
96	Hildene Capital Management	Stamford	13,239.5	Distressed Assets
97	Paskewitz Asset Management	Edison	13,196.9	Managed Futures
98	LibreMax Capital	New York	13,081.5	Distressed Assets
99	Ellington Management Group	Old Greenwich	12,851.4	ABS
100	PDT Partners	New York	12,800.4	Quantitative

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Key Stats on Top 100 Hedge Funds in the US – 2022

52 of the top 100 US hedge fund managers are based in the NY (52%)

8 of the biggest 100 US hedge fund managers for 2022 are based in Boston (8%)

5 of the top 100 hedge fund companies are based in Greenwich (5%)

11 of the top 100 hedge funds are based in CT (11%)

The 100 largest US hedge funds in 2022 have $4.63 trillion USD in assets under management (AUM)

The average AUM of the top 100 US hedge funds for 2022 is $46.27 billion

The median AUM of the top 100 hedge funds is $25.67 billion

The average number of employees at the top hedge funds is 76

Get the full list of ALL United States Hedge Funds in Excel Format

The United States Hedge Fund List for 2022 has 35 categories of detailed information on all the funds above as well as more than 2,600 other hedge funds in the US. Everything from website to emails to senior staff, hiring status, number of clients and more is included. And it’s delivered in Excel format for easy use with any spreadsheet program or contact management system.