Top 25 Long/Short Hedge Funds 2021
2021 Top 25 Largest Long/Short (L/S) Hedge Funds Overview
The 25 biggest long short hedge funds manage $682 billion in assets as of early 2021. 84% of the top l/s hedge funds are based in the United States. 60% of the largest long/short funds are based in New York.
With $216 billion in AUM, Value Partners is the largest long/short hedge fund manager in 2021 (though only a portion of this is invested in long/short strategies). Lighthouse Investment Partners and Viking Global Investors rank two and three, respectively, among the biggest long short hedge funds.
Long/short hedge funds take both long and short positions in securities. This can take the form of a market neutral strategy where long and short positions have approximately the same exposure, or as long-biased strategies such as 130/30. Long/short funds use a number of financial instruments including futures, options, debt, and equity.
The below list of top long/short hedge fund managers includes hedge fund companies operating at least one hedge fund vehicle investing using a long/short strategy.
Top 25 Long/Short Hedge Funds 2021
List of the 25 biggest long/short (L/S) hedge funds for 2021 ranked by assets under management (AUM)
Rank Fund Name City Country AUM Other Strategies
1.0
Value Partners Group Limited
Hong Kong
Hong Kong
216,341.1
Asian Equity, Long/Short, Emerging Markets
2.0
Lighthouse Investment Partners
Palm Beach Gardens
United States
45,574.5
Fund of Funds, Long/Short, Managed Futures
3.0
Viking Global Investors
Greenwich
United States
42,123.1
Global Macro, Long/Short
4.0
Lansdowne Partners
London
United Kingdom
31,740.0
Absolute Returns, Global Macro, Long/Short
5.0
Select Equity
New York
United States
31,643.7
Equity, Long/Short
6.0
Lone Pine Capital
Greenwich
United States
30,214.9
Long/Short, Emerging Markets
7.0
Anchorage Capital Group
New York
United States
28,296.1
Credit, Event Driven, Long/Short
8.0
Brigade Capital Management
New York
United States
26,756.0
Managed Futures, Distressed Assets, Long/Short, Credit
9.0
King Street Capital Management
New York
United States
24,504.6
Global Macro, FX, Long/Short, Distressed Assets
10.0
Soroban Capital Partners
New York
United States
21,711.4
Long/Short
11.0
Arrowstreet Capital
Boston
United States
19,600.0
Emerging Markets, Long/Short
12.0
Knighthead Capital Management, LLC
New York
United States
17,719.1
Long/Short, Credit, Event Driven
13.0
Holocene Advisors
New York
United States
15,515.4
Long/Short
14.0
BlueMountain Capital
New York
United States
14,806.5
Long/Short, Credit
15.0
Brummer and Partners
Stockholm
Sweden
14,200.0
Long/Short, Multi Strategy, Global Macro, Managed Futures
16.0
Lazard Alternatives
New York
United States
14,120.0
Multi Strategy, Real Estate, Long/Short
17.0
Long Pond Capital
New York
United States
13,677.2
Long/Short
18.0
Steadfast Financial LP
New York
United States
12,549.7
Long/Short
19.0
ValueAct Capital
San Francisco
United States
12,343.4
Long/Short, Activist
20.0
Pershing Square Capital Management
New York
United States
9,154.9
Value, Activist, Long/Short
21.0
Natixis Alternative Investments
Boston
United States
8,690.0
Multi Strategy, Long/Short
22.0
Stone Point Capital
Greenwich
United States
8,683.8
Long/Short
23.0
Gotham Asset Management
New York
United States
7,894.2
Long/Short
24.0
Jana Partners
New York
United States
7,390.3
Event Driven, Long/Short
25.0
The Children's Investment Fund Foundation
London
United Kingdom
7,000.0
Long/Short
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Key Stats on Top 25 Long/Short Hedge Funds – 2021
22 of the top 25 long/short hedge fund managers are based in the United States (84%)
3 of the top 25 long/short hedge funds for 2021 are based in Europe (12%)
10 of the 25 largest long/short funds for 2021 are based in New York
The top 25 long/short hedge fund companies have $682.3 billion USD in assets under management (AUM)
The average AUM of the top 25 long/short funds for 2021 is $27.3 billion USD
The median AUM of the top 25 l/s hedge funds for 2021 is $15.5 billion USD
Get the full list of all long/short hedge funds in Excel format
The Long/Short Hedge Fund List has 35 categories of detailed information on all the funds above plus nearly 500 additional long/short funds. 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.
View full details of the Long/Short Hedge Fund List
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