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Top 250 Largest Hedge Funds – 2023

There are some minor changes for the 2022 top hedge fund rankings versus the list of top hedge funds for 2022. The top 250 hedge funds in the world now manage a staggering $7.36 trillion in assets under management. This is up almost $1 trillion from 2022.

The largest hedge funds in 2023 are Field Street Capital Management, Citadel Investment Group, Bridgewater Associates, Mariner Investment Group, and Millennium Capital Partners. These five funds alone manage more than $1.2 trillion.

Nine of the ten biggest hedge funds are based in the US. Rokos Capital Management of London is the largest non-US hedge fund on the list of largest hedge funds for 2023.

The top 250 hedge funds in 2023 have $7.36 trillion USD in assets under management (AUM)

The average AUM of the top 250 hedge funds for 2023 is $29.45 billion

Top 250 Largest Hedge Funds – 2023

Top 250 Largest Hedge Funds – 2023

Ranked by assets under management (AUM). Click any column to sort. Fund names link to detailed profiles.

RankFund NameCityAUMStrategy
1Field Street Capital ManagementNew York$ 297,961Credit, Global Macro
2Citadel Investment GroupChicago$ 253,353Convertibles, Multi Strategy
3Bridgewater AssociatesWestport$ 235,542Long/Short, Global Macro
4Mariner Investment Group LLCNew York$ 219,309Arbitrage
5Millennium Capital PartnersNew York$ 218,000Multi Strategy
6Ares ManagementLos Angeles$ 193,679Managed Futures, Fixed Income
7Balyasny Asset ManagementChicago$ 180,959Multi Strategy, Global Equity
8AQR Capital ManagementGreenwich$ 145,451Multi Strategy, Managed Futures
9Point72 Asset ManagementStamford$ 138,459
10Rokos Capital ManagementLondon$ 138,426Global Macro
11DE ShawNew York$ 128,024Absolute Returns
12Willis Towers WatsonLondon$ 128,000Fund of Funds
13Tiger Global Management LLCNew York$ 124,655
14Garda CapitalMinneapolis$ 124,164Global Macro, Event Driven
15Renaissance TechnologiesEast Setauket$ 121,849Crypto, Multi Strategy
16Capula Investment Management LLPLondon$ 118,360Absolute Returns, Credit
17Fortress Investment GroupNew York$ 114,347Private Equity, Global Macro
18Goldman Sachs Asset ManagementNew York$ 106,240Multi Strategy, Fund of Funds
19Exoduspoint Capital Management, LPNew York$ 86,211Multi-Strategy
20Two Sigma International LimitedLondon$ 81,175Long/Short
21Two Sigma InvestmentsNew York$ 81,175Commodities
22Cerberus Capital ManagementNew York$ 80,581Credit, Real Estate
23Squarepoint OpsLondon$ 75,717Quantitative
24Angelo Gordon & Co.New York$ 74,642Real Estate, Fixed Income
25Coatue ManagementNew York$ 73,334
26Hillhouse CapitalHong Kong$ 70,707Emerging Markets
27Haidar Capital ManagementNew York$ 62,551Global Macro, Multi Strategy
28Viking Global InvestorsGreenwich$ 59,833Global Macro, Long/Short
29Brevan Howard Asset ManagementLondon$ 58,630Global Macro, Commodities
30Select EquityNew York$ 58,473Equity, Long/Short
31Adage Capital ManagementBoston$ 58,166Global Equity
32III CapitalBoca Raton$ 57,116Credit
33Och-Ziff Capital ManagementNew York$ 55,483Global Macro, Convertibles
34Sculptor Capital ManagementNew York$ 55,483Multi-Strategy, Real Estate
35GoldenTree Asset ManagementNew York$ 51,980Credit, Absolute Returns
36Lighthouse Investment PartnersPalm Beach Gardens$ 51,918Fund of Funds, Long/Short
37Bracebridge CapitalBoston$ 48,750Absolute Returns, Commodities
38Element Capital ManagementNew York$ 48,491Global Macro, Credit
39Davidson Kempner Capital ManagementNew York$ 44,058Global Equity, Distressed Assets
40Farallon Capital ManagementSan Francisco$ 42,196Multi Strategy, Arbitrage
41Alphadyne Asset ManagementNew York$ 39,266Equity, Managed Futures
42Tenaron Capital ManagementNew York$ 39,153Global Macro
43Oaktree Capital ManagementLos Angeles$ 38,350Fixed Income, Real Estate
44Symmetry InvestmentsHong Kong$ 36,435Credit
45Lone Pine CapitalGreenwich$ 35,538Long/Short, Emerging Markets
46HBK Capital ManagementDallas$ 33,664Multi Strategy
47BlackRock Alternative AdvisorsNew York$ 33,250Global Macro, Convertibles
48Apollo CapitalNew York$ 32,680Managed Futures, Credit
49Anchorage Capital GroupNew York$ 32,324Credit, Event Driven
50Lansdowne PartnersLondon$ 31,740Absolute Returns, Global Macro
51Pictet Alternative InvestmentsGeneva$ 31,715Fund of Funds
52Baupost GroupBoston$ 31,606Global Equity, Long/Short
53Brigade Capital ManagementNew York$ 31,001Managed Futures, Distressed Assets
54Centerbridge Partners LPNew York$ 30,945Multi Strategy, Distressed Assets
55Polar Capital PartnersLondon$ 30,348Long/Short, Convertibles
56Wafra Investment GroupNew York$ 30,220Multi Strategy
57Kayne Anderson Capital AdvisorsLos Angeles$ 29,824Private Equity, Multi Strategy
58Magnetar CapitalEvanston$ 29,448Multi Strategy, Managed Futures
59Marshall WaceLondon$ 28,400Global Macro, Multi Strategy
60Polar Asset Management PartnersToronto$ 28,366
61Holocene AdvisorsNew York$ 28,349Long/Short
62Cheyne CapitalLondon$ 27,889Real Estate, Fixed Income
63Moore Capital ManagementNew York$ 27,738Global Macro, Emerging Markets
64Third Point LLCNew York$ 27,574Event Driven, Activist
65Benefit Street PartnersNew York$ 27,535Credit
66Voloridge Investment ManagementJupiter$ 27,506Quantitative
67Wellington Management Company LLPBoston$ 27,210Multi Strategy, Commodities
68Lindsell Train LimitedLondon$ 26,990Fixed Income, Asian Equity
69Capstone Investment Advisors LLCNew York$ 26,990Derivatives, Global Equity
70Caxton AssociatesNew York$ 26,687Global Macro
71Marathon Asset ManagementNew York$ 26,228Credit, Emerging Markets
72UBS Hedge Fund SolutionsStamford$ 26,135Equity
73Man GroupLondon$ 26,040Global Macro, Convertibles
74Shenkman Capital ManagementNew York$ 25,067Convertibles, Fixed Income
75Tudor Investment CorporationStamford$ 24,884Crypto, Multi Strategy
76King Street Capital ManagementNew York$ 24,857Global Macro, FX
77Alkeon Capital ManagementNew York$ 24,375
78Egerton CapitalLondon$ 24,344Long/Short
79Lyxor Asset ManagementParis$ 24,152Convertibles, Long/Short
80AlcentraLondon$ 22,590Distressed Assets
81TIG AdvisorsNew York$ 22,140Global Equity, Long/Short
82Varde PartnersMinneapolis$ 21,577Distressed Assets, Event Driven
83LaSalle Investment ManagementChicago$ 21,440Real Estate
84Whale Rock Capital ManagementBoston$ 20,854
85Silver Point CapitalGreenwich$ 20,631Multi Strategy, Distressed Assets
86BTG PactualSao Paulo$ 20,617Emerging Markets
87Nephila CapitalLarkspur$ 20,447Insurance, Commodities
88Hudson Bay Capital ManagementNew York$ 20,121Multi Strategy
89Crestline InvestorsFort Worth$ 20,097Fund of Funds, Event Driven
90Strategic Value PartnersGreenwich$ 19,897Distressed Assets
91Arrowstreet CapitalBoston$ 19,600Emerging Markets, Long/Short
92BaringsLondon$ 19,289Fund of Funds, Multi Strategy
93Appaloosa ManagementShort Hills$ 19,100Global Equity, Fixed Income
94Beach Point Capital ManagementSanta Monica$ 19,097Multi Strategy, Credit
95BFAM PartnersHong Kong$ 18,965Multi-Strategy, Credit
96Grantham, Mayo, Van Otterloo & Co.Boston$ 18,960Emerging Markets, Global Macro
97Systematica InvestmentsLondon$ 18,629Commodities
98CarVal InvestorsMinneapolis$ 18,305Fixed Income, Real Estate
99Parallax FundSan Francisco$ 18,213Multi Strategy
100GAM Fund ManagementHong Kong$ 18,033Fund of Funds
101Altimeter CapitalBoston$ 17,950Long/Short
102Canyon PartnersLos Angeles$ 17,892Multi Strategy, Convertibles
103Algebris InvestmentsLondon$ 17,877Credit, UCITS
104Sprott Asset ManagementToronto$ 17,868Small Cap, Long/Short
105OrbiMed AdvisorsNew York$ 17,321Private Equity
106MJX Asset ManagementNew York$ 17,314CDO, Credit
107Pershing Square Capital ManagementNew York$ 16,798Value, Activist
108Perella Weinberg PartnersNew York$ 16,552Event Driven
109Pharo ManagementNew York$ 16,368Global Macro, Emerging Markets
110Ardea Investment ManagementSydney, Nsw$ 16,079Fixed Income
111Neuberger BermanNew York$ 15,900Fund of Funds, ESG
112Rock CreekWashington$ 15,669Multi Strategy, Fund of Funds
113Cevian CapitalStockholm$ 15,646Activist, Event Driven
114Pacific Alternative Asset ManagementIrvine$ 15,583Fund of Funds, Arbitrage
115Universa InvestmentsMiami$ 15,549Quantitative
116Danske CapitalCopenhagen$ 15,500European Equity, Fixed Income
117Waterfall Asset ManagementNew York$ 15,492MBS, Credit
118LMR PartnersLondon$ 15,350Global Macro, Event Driven
119Onex Credit PartnersToronto$ 15,200Credit
120Rockpoint GroupBoston$ 15,122Real Estate
121Knighthead Capital Management, LLCNew York$ 14,734Long/Short, Credit
122Bayview Asset ManagementCoral Gables$ 14,700Credit
123Commonfund CapitalWilton$ 14,691Multi Strategy, Fixed Income
124Graham Capital ManagementRowayton$ 14,653Global Macro, Commodities
125BlueMountain CapitalNew York$ 14,408Long/Short, Credit
126RWC LondonLondon$ 14,407Absolute Returns, Long/Short
127Brummer and PartnersStockholm$ 14,200Long/Short, Multi Strategy
128Lazard AlternativesNew York$ 14,120Multi Strategy, Real Estate
129Laurion Capital ManagementNew York$ 13,967Multi Strategy
130Soroban Capital PartnersNew York$ 13,722Long/Short
131Woodline PartnersSan Francisco$ 13,521Long/Short
132Entrust PermalNew York$ 13,454Fund of Funds, Long/Short
133Diameter Capital PartnersNew York$ 13,360Credit
134ValueAct CapitalSan Francisco$ 13,233Long/Short, Activist
135MSD CapitalNew York$ 13,055Credit, Global Macro
136Paloma PartnersGreenwich$ 12,944Multi Strategy
137Hildene Capital ManagementStamford$ 12,924Distressed Assets, Credit
138PDT PartnersNew York$ 12,915Quantitative
139Maverick CapitalDallas$ 12,527Global Macro, Multi Strategy
140Samlyn CapitalNew York$ 12,509
141Platinum Asset ManagementSydney$ 12,389Equity
142Janus HendersonLondon$ 12,231Global Macro, Long/Short
143Credit Suisse AlternativesZurich$ 12,139Fund of Funds
144Napier Park Global CapitalNew York$ 11,677Credit
145Luxor Capital GroupNew York$ 11,490Event Driven
146Aristeia CapitalGreenwich$ 11,417Absolute Returns, Credit
147Tennenbaum Capital PartnersSanta Monica$ 11,354Multi Strategy, Credit
148Taconic Capital AdvisorsNew York$ 11,140Managed Futures, Multi Strategy
149Steadfast Financial LPNew York$ 11,134Long/Short
150Alyeska Investment GroupChicago$ 11,066Managed Futures
151Abrams CapitalBoston$ 10,783Managed Futures, Opportunistic
152Wolverine Asset ManagementChicago$ 10,762Arbitrage
153Whitebox AdvisorsMinneapolis$ 10,629Global Macro, Convertibles
154Eminence CapitalNew York$ 10,574Activist
155Ellington Management GroupOld Greenwich$ 10,543ABS, Credit
156Aviva InvestorsLondon$ 10,510Convertibles, Multi Strategy
157Monarch Alternative CapitalNew York$ 10,446Fixed Income, Distressed Assets
158K2 AdvisorsStamford$ 10,423Fund of Funds
159Corbin Capital PartnersNew York$ 10,362Fund of Funds, Global Macro
160ABC ArbitrageParis$ 10,285Arbitrage, Quantitative
161EJF Asset ManagementArlington$ 10,285Event Driven, ABS
162Altrinsic Global AdvisorsGreenwich$ 10,284Equity
163JP Morgan Alternative InvestmentsNew York$ 10,208Multi Strategy, Fund of Funds
164Pentwater Capital ManagementEvanston$ 9,864Global Equity, Fixed Income
165SPARX Group Co.Tokyo$ 9,809Asian Equity
166HG Vora Capital ManagementNew York$ 9,744Event Driven
167Saba CapitalNew York$ 9,703Credit
168ArcLight Capital PartnersBoston$ 9,599Energy
169Redwood Capital ManagementEnglewood Cliffs$ 9,396Credit
170CSOP Asset ManagementHong Kong$ 9,195Credit, Emerging Markets
171400 Capital Management LLCNew York$ 9,115Credit
172PanagoraBoston$ 9,110Global Macro, Cannabis
173Senator Investment GroupNew York$ 9,060Long/Short
174TranstrendRotterdam$ 9,040Managed Futures
175BlueCrest Capital ManagementLondon$ 9,000Multi Strategy, Managed Futures
176LibreMax CapitalNew York$ 8,846Distressed Assets, Credit
177Natixis Alternative InvestmentsBoston$ 8,690Multi Strategy, Long/Short
178Asia Frontier CapitalHong Kong$ 8,633Emerging Markets
179Libra AdvisorsNew York$ 8,338Long/Short
180Grove Street AdvisorsNewton$ 8,300Fund of Funds
181Adamas PartnersBoston$ 8,132Fund of Funds, Absolute Returns
182Rockwood CapitalSan Francisco$ 8,132Real Estate
183Candlestick CapitalGreenwich$ 8,048Equity
184Weiss Asset ManagementBoston$ 7,986Multi Strategy, Long/Short
185Highbridge Capital ManagementNew York$ 7,919Convertibles, Commodities
186Lombard Odier Darier Hentsch & CiePetit-Lancy$ 7,758Fund of Funds, Multi Strategy
187Tilden Park Capital ManagementNew York$ 7,690Multi Strategy, Credit
188Amber Capital Investment ManagementNew York$ 7,661Managed Futures, Event Driven
189Harbert Management CorporationBirmingham$ 7,659Emerging Markets, Commodities
190Trian Fund Management LPNew York$ 7,634Event Driven, ESG
191La Française Global Investment Solutions Paris$ 7,620Credit, Event Driven
192Astenbeck Capital ManagementSouthport$ 7,584Commodities
193Oak Hill AdvisorsNew York$ 7,580Credit, Distressed Assets
194Atalaya Capital Management LPNew York$ 7,510Credit, Special Situations
195Axonic Capital LLCNew York$ 7,414Long/Short, Credit
196Avenue Capital GroupNew York$ 7,215Real Estate, Fixed Income
197Overlook Investments GroupHong Kong$ 7,158
198Blue Mountain Capital PartnersLondon$ 7,100Managed Futures, Credit
199The Children's Investment Fund FoundationLondon$ 7,000Long/Short
200Emso Asset Management LimitedLondon$ 6,885
201Gordian CapitalSingapore$ 6,693Fund of Funds, Long/Short
202Capital Fund ManagementNew York$ 6,607Managed Futures
203Amundi Alternative InvestmentsParis$ 6,580Fund of Funds, Long/Short
204Sagard Holdings Manager LPToronto$ 6,536Multi-Strategy, Credit
205Antipodes Partners LimitedSydney$ 6,364Global Equities
206HPS Investment PartnersNew York$ 6,350Credit
207York Capital ManagementNew York$ 6,335Event Driven
208Magnitude CapitalNew York$ 6,303Fund of Funds, Multi Strategy
209Kopernik Global InvestorsTampa$ 6,230Emerging Markets
210Bardin Hill Investment PartnersNew York$ 6,216Multi Strategy, Special Situations
211Sachem Head Capital ManagementNew York$ 6,216Value
212Investec Asset ManagementLondon$ 6,210Multi Strategy
213SPX CapitalRio de Janeiro$ 6,150Global Macro, Commodities
214Deer Park Road CorpSteamboat Springs$ 6,114Distressed Assets, Credit
215Empyrean Capital PartnersLos Angeles$ 6,001Fixed Income, Convertibles
216Winton Capital ManagementLondon$ 5,987Managed Futures, Absolute Returns
217GramercyGreenwich$ 5,972Multi Strategy, Emerging Markets
218HSBC Alternative InvestmentsLondon$ 5,938Multi Strategy, Global Macro
219Oxford Asset ManagementOxford$ 5,889Absolute Returns, Global Macro
220Segantii Capital ManagementHong Kong$ 5,825Multi Strategy
221PointState CapitalNew York$ 5,603Energy, Global Macro
222VR Advisory Services Ltd.New York$ 5,419Distressed
223HighVista StrategiesBoston$ 5,400Multi Strategy
224Stone Milliner Asset ManagementLondon$ 5,380FX, Global Macro
225Carlson Alternative AdvisorsDallas$ 5,357Private Equity, Multi Strategy
226Avanda Investment ManagementSingapore$ 5,020Multi Strategy
227Fir Tree PartnersNew York$ 4,981Credit
228Contrarian Capital ManagementGreenwich$ 4,980Multi Strategy, Distressed Assets
229Senvest CapitalNew York$ 4,948
230Cantab Capital PartnersCambridge$ 4,910Global Macro, Quantitative
231Odey Asset ManagementLondon$ 4,785Absolute Returns, Long/Short
232GMT CapitalAtlanta$ 4,752Long/Short, Value
233Indus Capital PartnersNew York$ 4,751Multi Strategy
234Evanston Capital ManagementEvanston$ 4,748Fund of Funds, Multi Strategy
235Greywolf Capital ManagementPurchase$ 4,727Special Situations, Structured Products
236Phoenix Investment AdvisersNew York$ 4,727Distressed Assets, Fixed Income
237Wimmer HorizonLondon$ 4,727Managed Futures, Commodities
238Seminole Management CompanyNew York$ 4,670Fund of Funds
239Guggenheim Capital MarketsNew York$ 4,641Multi Strategy, Fixed Income
240Kensico Capital ManagementGreenwich$ 4,541Multi Strategy
241Aspect CapitalLondon$ 4,524Managed Futures, Long/Short
24257 StarsWashington$ 4,495Emerging Markets
243Elementum AdvisorsChicago$ 4,469Credit, Distressed Assets
244Solus Alternative Asset ManagementNew York$ 4,250Distressed Assets
245Ward Ferry ManagementHong Kong$ 4,155Long/Short
246MKP Capital EuropeLondon$ 4,129Multi Strategy
247MKP Capital ManagementNew York$ 4,129Multi Strategy, Fixed Income
248Engineers Gate ManagerNew York$ 4,093Quantitative
249Highclere International InvestorsLondon$ 4,080Small Cap
250Rimrock Capital ManagementIrvine$ 4,009Commodities, Fixed Income

Key Statistics

  • There are some minor changes for the 2022 top hedge fund rankings versus the list of top hedge funds for 2022. The top 250 hedge funds in the world now manage a staggering $7.36 trillion in assets under management. This is up almost $1 trillion from 2022.
  • The largest hedge funds in 2023 are Field Street Capital Management, Citadel Investment Group, Bridgewater Associates, Mariner Investment Group, and Millennium Capital Partners. These five funds alone manage more than $1.2 trillion.
  • Nine of the ten biggest hedge funds are based in the US. Rokos Capital Management of London is the largest non-US hedge fund on the list of largest hedge funds for 2023.
  • 35 of the top 250 hedge fund managers are based in the United Kingdom (14.0%)
  • 9 of the top 250 hedge fund managers for 2023 are based in Hong Kong (3.6%)
  • 183 of the top 250 hedge funds for 2023 are based in the USA (73.2%)
  • 95 of the top 250 hedge funds are based in New York (38.0%)
  • 34 of the top 250 hedge funds are based in London (13.6%)
  • 12 of the top hedge funds for 2023 are based in Greenwich, CT (4.8%)
  • 16 of the top 250 hedge funds are based in Boston, MA (6.4%)
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