Top 250 Largest Hedge Funds – 2022

There are some minor changes for the 2022 top hedge fund rankings versus the list of top hedge funds for 2021. The top 250 hedge funds in the world now manage a staggering $6.39 trillion in assets. This is up from $3.88 trillion in 2021 and is the biggest year over year increase in hedge fund assets among the top 250.

The largest hedge funds in 2022 are Citadel Investments, Bridgewater Associates, Millennium Capital Partners, Mariner Investments, and AQR Capital Management. These five funds alone manage more than $1 trillion.

The 15 largest hedge funds are all based in the US. Capula Investment Management of London is the largest non-US hedge fund on the list of largest hedge funds for 2022.

Top 250 Largest Hedge Funds – 2022

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	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	Capula Investment Management LLP	London	82,111.8	Absolute Returns
17	Tiger Global Management LLC	New York	79,149.6	Crypto
18	Cerberus Capital Management	New York	70,510.6	Credit
19	Two Sigma International Limited	London	68,902.8	Long/Short
20	Two Sigma Investments	New York	68,902.8	Commodities
21	Element Capital Management	New York	62,026.4	Global Macro
22	Lighthouse Investment Partners	Palm Beach Gardens	61,866.1	Fund of Funds
23	Sculptor Capital Management	New York	61,859.7	Multi-Strategy
24	Och-Ziff Capital Management	New York	61,859.7	Global Macro
25	Angelo Gordon & Co.	New York	59,597.6	Real Estate
26	Viking Global Investors	Greenwich	59,160.8	Global Macro
27	Hillhouse Capital	Hong Kong	58,725.6	Emerging Markets
28	Brevan Howard Asset Management	London	58,630.0	Global Macro
29	Adage Capital Management	Boston	49,687.1	Global Equity
30	Coatue Management	New York	48,605.0
31	Tudor Investment Corporation	Stamford	44,580.1	Crypto
32	Select Equity	New York	43,912.3	Equity
33	Davidson Kempner Capital Management	New York	42,249.9	Global Equity
34	Field Street Capital Management	New York	41,982.8	Credit
35	GoldenTree Asset Management	New York	40,543.0	Credit
36	Oaktree Capital Management	Los Angeles	38,350.0	Fixed Income
37	Farallon Capital Management	San Francisco	37,946.5	Multi Strategy
38	Bracebridge Capital	Boston	37,303.2	Absolute Returns
39	Lone Pine Capital	Greenwich	36,646.4	Long/Short
40	Symmetry Investments	Hong Kong	36,435.0	Credit
41	Squarepoint Ops	London	36,234.2	Quantitative
42	Lindsell Train Limited	London	33,982.4	Fixed Income
43	BlackRock Alternative Advisors	New York	33,250.0	Global Macro
44	Kayne Anderson Capital Advisors	Los Angeles	32,684.3	Private Equity
45	Apollo Capital	New York	32,680.0	Managed Futures
46	Baupost Group	Boston	32,019.7	Global Equity
47	Lansdowne Partners	London	31,740.0	Absolute Returns
48	Pictet Alternative Investments	Geneva	31,715.0	Fund of Funds
49	Anchorage Capital Group	New York	30,599.2	Credit
50	Moore Capital Management	New York	30,307.6	Global Macro
51	III Capital	Boca Raton	29,678.1	Credit
52	Brigade Capital Management	New York	29,479.2	Managed Futures
53	Polar Capital Partners	London	28,561.3	Long/Short
54	Shenkman Capital Management	New York	27,531.4	Convertibles
55	Cheyne Capital	London	27,432.0	Real Estate
56	Egerton Capital	London	27,418.6	Long/Short
57	Wellington Management Company LLP	Boston	27,210.0	Multi Strategy
58	Capstone Investment Advisors LLC	New York	26,990.0	Derivatives
59	Aviva Investors	London	26,675.6	Convertibles
60	Marshall Wace	London	26,675.1	Global Macro
61	Third Point LLC	New York	25,994.0	Event Driven
62	Tenaron Capital Management	New York	25,969.1	Global Macro
63	Magnetar Capital	Evanston	25,961.4	Multi Strategy
64	Caxton Associates	New York	25,697.1	Global Macro
65	Pharo Management	New York	25,656.0	Global Macro
66	Haidar Capital Management	New York	25,205.4	Global Macro
67	Centerbridge Partners LP	New York	24,815.4	Multi Strategy
68	Whale Rock Capital Management	Boston	24,748.8
69	Marathon Asset Management	New York	24,077.0	Credit
70	Benefit Street Partners	New York	23,768.6	Credit
71	Alcentra	London	23,768.0	Distressed Assets
72	Man Group	London	23,581.4	Global Macro
73	Varde Partners	Minneapolis	23,362.6	Distressed Assets
74	GAM Fund Management	Hong Kong	22,688.6	Fund of Funds
75	UBS Hedge Fund Solutions	Stamford	22,442.5	Equity
76	Wafra Investment Group	New York	22,091.0	Multi Strategy
77	King Street Capital Management	New York	21,888.7	Global Macro
78	Holocene Advisors	New York	21,829.9	Long/Short
79	Alkeon Capital Management	New York	21,817.8
80	OrbiMed Advisors	New York	21,447.0	Private Equity
81	Canyon Partners	Los Angeles	20,850.4	Multi Strategy
82	Parallax Fund	San Francisco	20,789.6	Multi Strategy
83	Altimeter Capital	Boston	20,660.1	Long/Short
84	Voloridge Investment Management	Jupiter	20,370.1	Quantitative
85	Lyxor Asset Management	Paris	20,159.2	Convertibles
86	Nephila Capital	Larkspur	20,131.8	Insurance
87	L Catterton	Greenwich	19,833.8	Food and Beverage
88	HBK Capital Management	Dallas	19,773.6	Multi Strategy
89	Arrowstreet Capital	Boston	19,600.0	Emerging Markets
90	Appaloosa Management	Short Hills	19,100.0	Global Equity
91	Polar Asset Management Partners	Toronto	18,998.1
92	BFAM Partners	Hong Kong	18,965.0	Multi-Strategy
93	Grantham, Mayo, Van Otterloo & Co.	Boston	18,960.0	Emerging Markets
94	Barings	London	18,540.7	Fund of Funds
95	Graham Capital Management	Rowayton	18,460.0	Global Macro
96	Algebris Investments	London	18,074.2	Credit
97	BTG Pactual	Sao Paulo	17,908.3	Emerging Markets
98	CarVal Investors	Minneapolis	17,590.7	Fixed Income
99	Horsley Bridge Partners	San Francisco	17,439.0	Private Equity
100	Crestline Investors	Fort Worth	17,435.0	Fund of Funds
101	Beach Point Capital Management	Santa Monica	17,333.9	Multi Strategy
102	Platinum Asset Management	Sydney	17,242.4	Equity
103	York Capital Management	New York	16,796.9	Event Driven
104	MJX Asset Management	New York	16,164.0	CDO
105	Neuberger Berman	New York	15,900.0	Fund of Funds
106	Silver Point Capital	Greenwich	15,880.4	Multi Strategy
107	Danske Capital	Copenhagen	15,500.0	European Equity
108	LaSalle Investment Management	Chicago	15,437.5	Real Estate
109	LMR Partners	London	15,350.0	Global Macro
110	Hudson Bay Capital Management	New York	14,987.5	Multi Strategy
111	Sprott Asset Management	Toronto	14,786.5	Small Cap
112	Bayview Asset Management	Coral Gables	14,700.0	Credit
113	Steadfast Financial LP	New York	14,548.9	Long/Short
114	Cevian Capital	Stockholm	14,470.6	Activist
115	Pershing Square Capital Management	New York	14,452.3	Value
116	Commonfund Capital	Wilton	14,388.2	Multi Strategy
117	Brummer and Partners	Stockholm	14,200.0	Long/Short
118	Lazard Alternatives	New York	14,120.0	Multi Strategy
119	Wolverine Asset Management	Chicago	14,068.4	Arbitrage
120	TIG Advisors	New York	14,005.4	Global Equity
121	RWC London	London	13,971.6	Absolute Returns
122	ValueAct Capital	San Francisco	13,697.5	Long/Short
123	BlueMountain Capital	New York	13,676.1	Long/Short
124	Entrust Permal	New York	13,658.6	Fund of Funds
125	Waterfall Asset Management	New York	13,535.7	MBS
126	Hildene Capital Management	Stamford	13,239.5	Distressed Assets
127	Paskewitz Asset Management	Edison	13,196.9	Managed Futures
128	LibreMax Capital	New York	13,081.5	Distressed Assets
129	Ellington Management Group	Old Greenwich	12,851.4	ABS
130	PDT Partners	New York	12,800.4	Quantitative
131	Rockpoint Group	Boston	12,738.3	Real Estate
132	Onex Credit Partners	Toronto	12,685.5	Credit
133	Perella Weinberg Partners	New York	12,586.6	Event Driven
134	Strategic Value Partners	Greenwich	12,432.9	Distressed Assets
135	Maverick Capital	Dallas	12,376.0	Global Macro
136	K2 Advisors	Stamford	12,292.4	Fund of Funds
137	Systematica Investments	London	12,262.1	Commodities
138	EJF Asset Management	Arlington	11,941.4	Event Driven
139	Luxor Capital Group	New York	11,883.8
140	Soroban Capital Partners	New York	11,883.1	Long/Short
141	Tilden Park Capital Management	New York	11,817.8	Multi Strategy
142	Paloma Partners	Greenwich	11,363.4	Multi Strategy
143	Eminence Capital	New York	11,287.1	Activist
144	Taconic Capital Advisors	New York	11,259.7	Managed Futures
145	Credit Suisse Alternatives	Zurich	11,170.1	Fund of Funds
146	SPARX Group Co.	Tokyo	10,943.9	Asian Equity
147	Universa Investments	Miami	10,790.5	Quantitative
148	Janus Henderson	London	10,646.7	Global Macro
149	Woodline Partners	San Francisco	10,577.1	Long/Short
150	Abrams Capital	Boston	10,425.0	Managed Futures
151	Laurion Capital Management	New York	10,351.7	Multi Strategy
152	Napier Park Global Capital	New York	10,223.6	Credit
153	Samlyn Capital	New York	10,211.4
154	Pentwater Capital Management	Evanston	10,036.3	Global Equity
155	Aristeia Capital	Greenwich	9,984.4	Absolute Returns
156	Whitebox Advisors	Minneapolis	9,975.1	Global Macro
157	Senator Investment Group	New York	9,699.8	Long/Short
158	MKP Capital Europe	London	9,598.1	Multi Strategy
159	MKP Capital Management	New York	9,598.1	Multi Strategy
160	ArcLight Capital Partners	Boston	9,577.3	Energy
161	HG Vora Capital Management	New York	9,483.9	Event Driven
162	Redwood Capital Management	Englewood Cliffs	9,359.9	Credit
163	Monarch Alternative Capital	New York	9,242.1	Fixed Income
164	Trian Fund Management LP	New York	9,163.1	ACtivist
165	Diameter Capital Partners	New York	9,138.4	Credit
166	Panagora	Boston	9,110.0	Global Macro
167	Transtrend	Rotterdam	9,040.0	Managed Futures
168	BlueCrest Capital Management	London	9,000.0	Multi Strategy
169	MSD Capital	New York	8,965.0	Credit
170	Altrinsic Global Advisors	Greenwich	8,764.2	Equity
171	HSBC Alternative Investments	London	8,708.9	Multi Strategy
172	Natixis Alternative Investments	Boston	8,690.0	Multi Strategy
173	Adamas Partners	Boston	8,587.3	Fund of Funds
174	Rockwood Capital	San Francisco	8,587.3	Real Estate
175	Amber Capital Investment Management	New York	8,556.1	Managed Futures
176	Bardin Hill Investment Partners	New York	8,502.2	Multi Strategy
177	Tennenbaum Capital Partners	Santa Monica	8,468.9	Multi Strategy
178	Alyeska Investment Group	Chicago	8,430.8	Managed Futures
179	Sylebra Hk Company Limited	Wan Chai	8,056.1	Asian Equity
180	JP Morgan Alternative Investments	New York	8,044.9	Multi Strategy
181	CSOP Asset Management	Hong Kong	7,833.8	Credit
182	Carlson Alternative Advisors	Dallas	7,700.5	Private Equity
183	La Française Global Investment Solutions	Paris	7,620.0	Credit
184	400 Capital Management LLC	New York	7,592.1	Credit
185	Oak Hill Advisors	New York	7,580.0	Credit
186	Overlook Investments Group	Hong Kong	7,568.3
187	Emso Asset Management Limited	London	7,470.5
188	Harbert Management Corporation	Birmingham	7,412.7	Emerging Markets
189	Blue Mountain Capital Partners	London	7,100.0	Managed Futures
190	Pacific Alternative Asset Management	Irvine	7,070.2	Fund of Funds
191	Knighthead Capital Management, LLC	New York	7,006.1	Long/Short
192	The Children's Investment Fund Foundation	London	7,000.0	Long/Short
193	ABC Arbitrage	Paris	6,814.3	Arbitrage
194	Grove Street Advisors	Newton	6,800.2	Fund of Funds
195	The Carlyle Group	New York	6,800.0
196	Empyrean Capital Partners	Los Angeles	6,744.4	Fixed Income
197	Amundi Alternative Investments	Paris	6,580.0	Fund of Funds
198	Highbridge Capital Management	New York	6,421.7	Convertibles
199	Avenue Capital Group	New York	6,372.7	Real Estate
200	HPS Investment Partners	New York	6,350.0	Credit
201	Investec Asset Management	London	6,210.0	Multi Strategy
202	Kensico Capital Management	Greenwich	6,203.7	Multi Strategy
203	SPX Capital	Rio de Janeiro	6,150.0	Global Macro
204	Axonic Capital LLC	New York	6,147.0	Long/Short
205	PointState Capital	New York	5,951.0	Energy
206	Saba Capital	New York	5,925.1	Credit
207	Highclere International Investors	London	5,893.2	Small Cap
208	Segantii Capital Management	Hong Kong	5,825.0	Multi Strategy
209	Candlestick Capital	Greenwich	5,692.5	Equity
210	Atalaya Capital Management LP	New York	5,691.6	Credit
211	Winton Capital Management	London	5,627.4	Managed Futures
212	Lombard Odier Darier Hentsch & Cie	Petit-Lancy	5,570.0	Fund of Funds
213	Capital Fund Management	New York	5,503.9	Managed Futures
214	Gordian Capital	Singapore	5,487.1	Fund of Funds
215	VR Advisory Services Ltd.	New York	5,397.5	Distressed
216	Cadian Capital	New York	5,392.1	Long/Short
217	Stone Milliner Asset Management	London	5,380.0	FX
218	Ashmore Investment Management	London	5,350.3	Emerging Markets
219	Odey Asset Management	London	5,238.3	Absolute Returns
220	Magnitude Capital	New York	5,185.8	Fund of Funds
221	Autonomy Capital	George Town	5,172.4	Emerging Markets
222	Autonomy Capital	New York	5,172.4	Emerging Markets
223	Contrarian Capital Management	Greenwich	5,164.1	Multi Strategy
224	Asia Frontier Capital	Hong Kong	5,107.4	Emerging Markets
225	Avanda Investment Management	Singapore	5,020.0	Multi Strategy
226	HighVista Strategies	Boston	5,019.3	Multi Strategy
227	Astenbeck Capital Management	Southport	4,978.0	Commodities
228	Gramercy	Greenwich	4,975.8	Multi Strategy
229	Cantab Capital Partners	Cambridge	4,910.0	Global Macro
230	Indus Capital Partners	New York	4,891.4	Multi Strategy
231	BVF Partners	San Francisco	4,734.4	Biotech
232	Guggenheim Capital Markets	New York	4,640.9	Multi Strategy
233	Deer Park Road Corp	Steamboat Springs	4,639.9	Distressed Assets
234	Weiss Asset Management	Boston	4,628.7	Multi Strategy
235	Sachem Head Capital Management	New York	4,576.5	Value
236	Oxford Asset Management	Oxford	4,544.6	Absolute Returns
237	Elementum Advisors	Chicago	4,490.7	Credit
238	Libra Advisors	New York	4,481.6	Long/Short
239	GSA Capital	London	4,413.5
240	Light Street Capital Management	Palo Alto	4,409.4	Technology
241	Kopernik Global Investors	Tampa	4,300.6	Emerging Markets
242	Rimrock Capital Management	Irvine	4,299.0	Commodities
243	AlphaCat Managers	Pembroke	4,246.6	Fund of Funds
244	Seminole Management Company	New York	4,240.4	Fund of Funds
245	Ward Ferry Management	Hong Kong	4,224.8	Long/Short
246	Solus Alternative Asset Management	New York	4,197.9	Distressed Assets
247	Nantahala Capital Management	Darien	4,181.6	Equity
248	HMI Capital, LLC	San Francisco	4,178.6	Technology
249	Aetos Capital	Menlo Park	4,168.5	Fund of Funds
250	Owl Creek Asset Management	New York	4,162.4	Equity

Key Statistics

The largest hedge funds in 2022 are Citadel Investments, Bridgewater Associates, Millennium Capital Partners, Mariner Investments, and AQR Capital Management. These five funds alone manage more than $1 trillion.
The 15 largest hedge funds are all based in the US. Capula Investment Management of London is the largest non-US hedge fund on the list of largest hedge funds for 2022.
34 of the top 250 hedge fund managers are based in the United Kingdom (13.6%)
10 of the top 250 hedge fund managers for 2022 are based in Hong Kong (4.0%)
184 of the top 250 hedge funds for 2022 are based in the USA (73.6%)
94 of the top 250 hedge funds are based in New York (37.6%)
31 of the top 250 hedge funds are based in London (12.4%)
13 of the top hedge funds for 2022 are based in Greenwich, CT (5.2%)
16 of the top 250 hedge funds are based in Boston, MA (6.4%)
The top 250 hedge funds in 2022 have $6.39 trillion USD in assets under management (AUM)