Top 250 Hedge Funds 2023 (Global)

2023 Top 250 Hedge Funds Overview

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.

Top 250 Hedge Funds 2023

List of the top 250 global hedge funds for 2023 ranked by assets under management (AUM)

2023 Rank	Fund Name	City	AUM (Millions)	Strategy
1	Field Street Capital Management	New York	$ 297,961	Credit, Global Macro
2	Citadel Investment Group	Chicago	$ 253,353	Convertibles, Multi Strategy
3	Bridgewater Associates	Westport	$ 235,542	Long/Short, Global Macro
4	Mariner Investment Group LLC	New York	$ 219,309	Arbitrage
5	Millennium Capital Partners	New York	$ 218,000	Multi Strategy
6	Ares Management	Los Angeles	$ 193,679	Managed Futures, Fixed Income
7	Balyasny Asset Management	Chicago	$ 180,959	Multi Strategy, Global Equity
8	AQR Capital Management	Greenwich	$ 145,451	Multi Strategy, Managed Futures
9	Point72 Asset Management	Stamford	$ 138,459
10	Rokos Capital Management	London	$ 138,426	Global Macro
11	DE Shaw	New York	$ 128,024	Absolute Returns
12	Willis Towers Watson	London	$ 128,000	Fund of Funds
13	Tiger Global Management LLC	New York	$ 124,655
14	Garda Capital	Minneapolis	$ 124,164	Global Macro, Event Driven
15	Renaissance Technologies	East Setauket	$ 121,849	Crypto, Multi Strategy
16	Capula Investment Management LLP	London	$ 118,360	Absolute Returns, Credit
17	Fortress Investment Group	New York	$ 114,347	Private Equity, Global Macro
18	Goldman Sachs Asset Management	New York	$ 106,240	Multi Strategy, Fund of Funds
19	Exoduspoint Capital Management, LP	New York	$ 86,211	Multi-Strategy
20	Two Sigma International Limited	London	$ 81,175	Long/Short
21	Two Sigma Investments	New York	$ 81,175	Commodities
22	Cerberus Capital Management	New York	$ 80,581	Credit, Real Estate
23	Squarepoint Ops	London	$ 75,717	Quantitative
24	Angelo Gordon & Co.	New York	$ 74,642	Real Estate, Fixed Income
25	Coatue Management	New York	$ 73,334
26	Hillhouse Capital	Hong Kong	$ 70,707	Emerging Markets
27	Haidar Capital Management	New York	$ 62,551	Global Macro, Multi Strategy
28	Viking Global Investors	Greenwich	$ 59,833	Global Macro, Long/Short
29	Brevan Howard Asset Management	London	$ 58,630	Global Macro, Commodities
30	Select Equity	New York	$ 58,473	Equity, Long/Short
31	Adage Capital Management	Boston	$ 58,166	Global Equity
32	III Capital	Boca Raton	$ 57,116	Credit
33	Och-Ziff Capital Management	New York	$ 55,483	Global Macro, Convertibles
34	Sculptor Capital Management	New York	$ 55,483	Multi-Strategy, Real Estate
35	GoldenTree Asset Management	New York	$ 51,980	Credit, Absolute Returns
36	Lighthouse Investment Partners	Palm Beach Gardens	$ 51,918	Fund of Funds, Long/Short
37	Bracebridge Capital	Boston	$ 48,750	Absolute Returns, Commodities
38	Element Capital Management	New York	$ 48,491	Global Macro, Credit
39	Davidson Kempner Capital Management	New York	$ 44,058	Global Equity, Distressed Assets
40	Farallon Capital Management	San Francisco	$ 42,196	Multi Strategy, Arbitrage
41	Alphadyne Asset Management	New York	$ 39,266	Equity, Managed Futures
42	Tenaron Capital Management	New York	$ 39,153	Global Macro
43	Oaktree Capital Management	Los Angeles	$ 38,350	Fixed Income, Real Estate
44	Symmetry Investments	Hong Kong	$ 36,435	Credit
45	Lone Pine Capital	Greenwich	$ 35,538	Long/Short, Emerging Markets
46	HBK Capital Management	Dallas	$ 33,664	Multi Strategy
47	BlackRock Alternative Advisors	New York	$ 33,250	Global Macro, Convertibles
48	Apollo Capital	New York	$ 32,680	Managed Futures, Credit
49	Anchorage Capital Group	New York	$ 32,324	Credit, Event Driven
50	Lansdowne Partners	London	$ 31,740	Absolute Returns, Global Macro
51	Pictet Alternative Investments	Geneva	$ 31,715	Fund of Funds
52	Baupost Group	Boston	$ 31,606	Global Equity, Long/Short
53	Brigade Capital Management	New York	$ 31,001	Managed Futures, Distressed Assets
54	Centerbridge Partners LP	New York	$ 30,945	Multi Strategy, Distressed Assets
55	Polar Capital Partners	London	$ 30,348	Long/Short, Convertibles
56	Wafra Investment Group	New York	$ 30,220	Multi Strategy
57	Kayne Anderson Capital Advisors	Los Angeles	$ 29,824	Private Equity, Multi Strategy
58	Magnetar Capital	Evanston	$ 29,448	Multi Strategy, Managed Futures
59	Marshall Wace	London	$ 28,400	Global Macro, Multi Strategy
60	Polar Asset Management Partners	Toronto	$ 28,366
61	Holocene Advisors	New York	$ 28,349	Long/Short
62	Cheyne Capital	London	$ 27,889	Real Estate, Fixed Income
63	Moore Capital Management	New York	$ 27,738	Global Macro, Emerging Markets
64	Third Point LLC	New York	$ 27,574	Event Driven, Activist
65	Benefit Street Partners	New York	$ 27,535	Credit
66	Voloridge Investment Management	Jupiter	$ 27,506	Quantitative
67	Wellington Management Company LLP	Boston	$ 27,210	Multi Strategy, Commodities
68	Lindsell Train Limited	London	$ 26,990	Fixed Income, Asian Equity
69	Capstone Investment Advisors LLC	New York	$ 26,990	Derivatives, Global Equity
70	Caxton Associates	New York	$ 26,687	Global Macro
71	Marathon Asset Management	New York	$ 26,228	Credit, Emerging Markets
72	UBS Hedge Fund Solutions	Stamford	$ 26,135	Equity
73	Man Group	London	$ 26,040	Global Macro, Convertibles
74	Shenkman Capital Management	New York	$ 25,067	Convertibles, Fixed Income
75	Tudor Investment Corporation	Stamford	$ 24,884	Crypto, Multi Strategy
76	King Street Capital Management	New York	$ 24,857	Global Macro, FX
77	Alkeon Capital Management	New York	$ 24,375
78	Egerton Capital	London	$ 24,344	Long/Short
79	Lyxor Asset Management	Paris	$ 24,152	Convertibles, Long/Short
80	Alcentra	London	$ 22,590	Distressed Assets
81	TIG Advisors	New York	$ 22,140	Global Equity, Long/Short
82	Varde Partners	Minneapolis	$ 21,577	Distressed Assets, Event Driven
83	LaSalle Investment Management	Chicago	$ 21,440	Real Estate
84	Whale Rock Capital Management	Boston	$ 20,854
85	Silver Point Capital	Greenwich	$ 20,631	Multi Strategy, Distressed Assets
86	BTG Pactual	Sao Paulo	$ 20,617	Emerging Markets
87	Nephila Capital	Larkspur	$ 20,447	Insurance, Commodities
88	Hudson Bay Capital Management	New York	$ 20,121	Multi Strategy
89	Crestline Investors	Fort Worth	$ 20,097	Fund of Funds, Event Driven
90	Strategic Value Partners	Greenwich	$ 19,897	Distressed Assets
91	Arrowstreet Capital	Boston	$ 19,600	Emerging Markets, Long/Short
92	Barings	London	$ 19,289	Fund of Funds, Multi Strategy
93	Appaloosa Management	Short Hills	$ 19,100	Global Equity, Fixed Income
94	Beach Point Capital Management	Santa Monica	$ 19,097	Multi Strategy, Credit
95	BFAM Partners	Hong Kong	$ 18,965	Multi-Strategy, Credit
96	Grantham, Mayo, Van Otterloo & Co.	Boston	$ 18,960	Emerging Markets, Global Macro
97	Systematica Investments	London	$ 18,629	Commodities
98	CarVal Investors	Minneapolis	$ 18,305	Fixed Income, Real Estate
99	Parallax Fund	San Francisco	$ 18,213	Multi Strategy
100	GAM Fund Management	Hong Kong	$ 18,033	Fund of Funds
101	Altimeter Capital	Boston	$ 17,950	Long/Short
102	Canyon Partners	Los Angeles	$ 17,892	Multi Strategy, Convertibles
103	Algebris Investments	London	$ 17,877	Credit, UCITS
104	Sprott Asset Management	Toronto	$ 17,868	Small Cap, Long/Short
105	OrbiMed Advisors	New York	$ 17,321	Private Equity
106	MJX Asset Management	New York	$ 17,314	CDO, Credit
107	Pershing Square Capital Management	New York	$ 16,798	Value, Activist
108	Perella Weinberg Partners	New York	$ 16,552	Event Driven
109	Pharo Management	New York	$ 16,368	Global Macro, Emerging Markets
110	Ardea Investment Management	Sydney, Nsw	$ 16,079	Fixed Income
111	Neuberger Berman	New York	$ 15,900	Fund of Funds, ESG
112	Rock Creek	Washington	$ 15,669	Multi Strategy, Fund of Funds
113	Cevian Capital	Stockholm	$ 15,646	Activist, Event Driven
114	Pacific Alternative Asset Management	Irvine	$ 15,583	Fund of Funds, Arbitrage
115	Universa Investments	Miami	$ 15,549	Quantitative
116	Danske Capital	Copenhagen	$ 15,500	European Equity, Fixed Income
117	Waterfall Asset Management	New York	$ 15,492	MBS, Credit
118	LMR Partners	London	$ 15,350	Global Macro, Event Driven
119	Onex Credit Partners	Toronto	$ 15,200	Credit
120	Rockpoint Group	Boston	$ 15,122	Real Estate
121	Knighthead Capital Management, LLC	New York	$ 14,734	Long/Short, Credit
122	Bayview Asset Management	Coral Gables	$ 14,700	Credit
123	Commonfund Capital	Wilton	$ 14,691	Multi Strategy, Fixed Income
124	Graham Capital Management	Rowayton	$ 14,653	Global Macro, Commodities
125	BlueMountain Capital	New York	$ 14,408	Long/Short, Credit
126	RWC London	London	$ 14,407	Absolute Returns, Long/Short
127	Brummer and Partners	Stockholm	$ 14,200	Long/Short, Multi Strategy
128	Lazard Alternatives	New York	$ 14,120	Multi Strategy, Real Estate
129	Laurion Capital Management	New York	$ 13,967	Multi Strategy
130	Soroban Capital Partners	New York	$ 13,722	Long/Short
131	Woodline Partners	San Francisco	$ 13,521	Long/Short
132	Entrust Permal	New York	$ 13,454	Fund of Funds, Long/Short
133	Diameter Capital Partners	New York	$ 13,360	Credit
134	ValueAct Capital	San Francisco	$ 13,233	Long/Short, Activist
135	MSD Capital	New York	$ 13,055	Credit, Global Macro
136	Paloma Partners	Greenwich	$ 12,944	Multi Strategy
137	Hildene Capital Management	Stamford	$ 12,924	Distressed Assets, Credit
138	PDT Partners	New York	$ 12,915	Quantitative
139	Maverick Capital	Dallas	$ 12,527	Global Macro, Multi Strategy
140	Samlyn Capital	New York	$ 12,509
141	Platinum Asset Management	Sydney	$ 12,389	Equity
142	Janus Henderson	London	$ 12,231	Global Macro, Long/Short
143	Credit Suisse Alternatives	Zurich	$ 12,139	Fund of Funds
144	Napier Park Global Capital	New York	$ 11,677	Credit
145	Luxor Capital Group	New York	$ 11,490	Event Driven
146	Aristeia Capital	Greenwich	$ 11,417	Absolute Returns, Credit
147	Tennenbaum Capital Partners	Santa Monica	$ 11,354	Multi Strategy, Credit
148	Taconic Capital Advisors	New York	$ 11,140	Managed Futures, Multi Strategy
149	Steadfast Financial LP	New York	$ 11,134	Long/Short
150	Alyeska Investment Group	Chicago	$ 11,066	Managed Futures
151	Abrams Capital	Boston	$ 10,783	Managed Futures, Opportunistic
152	Wolverine Asset Management	Chicago	$ 10,762	Arbitrage
153	Whitebox Advisors	Minneapolis	$ 10,629	Global Macro, Convertibles
154	Eminence Capital	New York	$ 10,574	Activist
155	Ellington Management Group	Old Greenwich	$ 10,543	ABS, Credit
156	Aviva Investors	London	$ 10,510	Convertibles, Multi Strategy
157	Monarch Alternative Capital	New York	$ 10,446	Fixed Income, Distressed Assets
158	K2 Advisors	Stamford	$ 10,423	Fund of Funds
159	Corbin Capital Partners	New York	$ 10,362	Fund of Funds, Global Macro
160	ABC Arbitrage	Paris	$ 10,285	Arbitrage, Quantitative
161	EJF Asset Management	Arlington	$ 10,285	Event Driven, ABS
162	Altrinsic Global Advisors	Greenwich	$ 10,284	Equity
163	JP Morgan Alternative Investments	New York	$ 10,208	Multi Strategy, Fund of Funds
164	Pentwater Capital Management	Evanston	$ 9,864	Global Equity, Fixed Income
165	SPARX Group Co.	Tokyo	$ 9,809	Asian Equity
166	HG Vora Capital Management	New York	$ 9,744	Event Driven
167	Saba Capital	New York	$ 9,703	Credit
168	ArcLight Capital Partners	Boston	$ 9,599	Energy
169	Redwood Capital Management	Englewood Cliffs	$ 9,396	Credit
170	CSOP Asset Management	Hong Kong	$ 9,195	Credit, Emerging Markets
171	400 Capital Management LLC	New York	$ 9,115	Credit
172	Panagora	Boston	$ 9,110	Global Macro, Cannabis
173	Senator Investment Group	New York	$ 9,060	Long/Short
174	Transtrend	Rotterdam	$ 9,040	Managed Futures
175	BlueCrest Capital Management	London	$ 9,000	Multi Strategy, Managed Futures
176	LibreMax Capital	New York	$ 8,846	Distressed Assets, Credit
177	Natixis Alternative Investments	Boston	$ 8,690	Multi Strategy, Long/Short
178	Asia Frontier Capital	Hong Kong	$ 8,633	Emerging Markets
179	Libra Advisors	New York	$ 8,338	Long/Short
180	Grove Street Advisors	Newton	$ 8,300	Fund of Funds
181	Adamas Partners	Boston	$ 8,132	Fund of Funds, Absolute Returns
182	Rockwood Capital	San Francisco	$ 8,132	Real Estate
183	Candlestick Capital	Greenwich	$ 8,048	Equity
184	Weiss Asset Management	Boston	$ 7,986	Multi Strategy, Long/Short
185	Highbridge Capital Management	New York	$ 7,919	Convertibles, Commodities
186	Lombard Odier Darier Hentsch & Cie	Petit-Lancy	$ 7,758	Fund of Funds, Multi Strategy
187	Tilden Park Capital Management	New York	$ 7,690	Multi Strategy, Credit
188	Amber Capital Investment Management	New York	$ 7,661	Managed Futures, Event Driven
189	Harbert Management Corporation	Birmingham	$ 7,659	Emerging Markets, Commodities
190	Trian Fund Management LP	New York	$ 7,634	Event Driven, ESG
191	La Française Global Investment Solutions	Paris	$ 7,620	Credit, Event Driven
192	Astenbeck Capital Management	Southport	$ 7,584	Commodities
193	Oak Hill Advisors	New York	$ 7,580	Credit, Distressed Assets
194	Atalaya Capital Management LP	New York	$ 7,510	Credit, Special Situations
195	Axonic Capital LLC	New York	$ 7,414	Long/Short, Credit
196	Avenue Capital Group	New York	$ 7,215	Real Estate, Fixed Income
197	Overlook Investments Group	Hong Kong	$ 7,158
198	Blue Mountain Capital Partners	London	$ 7,100	Managed Futures, Credit
199	The Children's Investment Fund Foundation	London	$ 7,000	Long/Short
200	Emso Asset Management Limited	London	$ 6,885
201	Gordian Capital	Singapore	$ 6,693	Fund of Funds, Long/Short
202	Capital Fund Management	New York	$ 6,607	Managed Futures
203	Amundi Alternative Investments	Paris	$ 6,580	Fund of Funds, Long/Short
204	Sagard Holdings Manager LP	Toronto	$ 6,536	Multi-Strategy, Credit
205	Antipodes Partners Limited	Sydney	$ 6,364	Global Equities
206	HPS Investment Partners	New York	$ 6,350	Credit
207	York Capital Management	New York	$ 6,335	Event Driven
208	Magnitude Capital	New York	$ 6,303	Fund of Funds, Multi Strategy
209	Kopernik Global Investors	Tampa	$ 6,230	Emerging Markets
210	Bardin Hill Investment Partners	New York	$ 6,216	Multi Strategy, Special Situations
211	Sachem Head Capital Management	New York	$ 6,216	Value
212	Investec Asset Management	London	$ 6,210	Multi Strategy
213	SPX Capital	Rio de Janeiro	$ 6,150	Global Macro, Commodities
214	Deer Park Road Corp	Steamboat Springs	$ 6,114	Distressed Assets, Credit
215	Empyrean Capital Partners	Los Angeles	$ 6,001	Fixed Income, Convertibles
216	Winton Capital Management	London	$ 5,987	Managed Futures, Absolute Returns
217	Gramercy	Greenwich	$ 5,972	Multi Strategy, Emerging Markets
218	HSBC Alternative Investments	London	$ 5,938	Multi Strategy, Global Macro
219	Oxford Asset Management	Oxford	$ 5,889	Absolute Returns, Global Macro
220	Segantii Capital Management	Hong Kong	$ 5,825	Multi Strategy
221	PointState Capital	New York	$ 5,603	Energy, Global Macro
222	VR Advisory Services Ltd.	New York	$ 5,419	Distressed
223	HighVista Strategies	Boston	$ 5,400	Multi Strategy
224	Stone Milliner Asset Management	London	$ 5,380	FX, Global Macro
225	Carlson Alternative Advisors	Dallas	$ 5,357	Private Equity, Multi Strategy
226	Avanda Investment Management	Singapore	$ 5,020	Multi Strategy
227	Fir Tree Partners	New York	$ 4,981	Credit
228	Contrarian Capital Management	Greenwich	$ 4,980	Multi Strategy, Distressed Assets
229	Senvest Capital	New York	$ 4,948
230	Cantab Capital Partners	Cambridge	$ 4,910	Global Macro, Quantitative
231	Odey Asset Management	London	$ 4,785	Absolute Returns, Long/Short
232	GMT Capital	Atlanta	$ 4,752	Long/Short, Value
233	Indus Capital Partners	New York	$ 4,751	Multi Strategy
234	Evanston Capital Management	Evanston	$ 4,748	Fund of Funds, Multi Strategy
235	Greywolf Capital Management	Purchase	$ 4,727	Special Situations, Structured Products
236	Phoenix Investment Advisers	New York	$ 4,727	Distressed Assets, Fixed Income
237	Wimmer Horizon	London	$ 4,727	Managed Futures, Commodities
238	Seminole Management Company	New York	$ 4,670	Fund of Funds
239	Guggenheim Capital Markets	New York	$ 4,641	Multi Strategy, Fixed Income
240	Kensico Capital Management	Greenwich	$ 4,541	Multi Strategy
241	Aspect Capital	London	$ 4,524	Managed Futures, Long/Short
242	57 Stars	Washington	$ 4,495	Emerging Markets
243	Elementum Advisors	Chicago	$ 4,469	Credit, Distressed Assets
244	Solus Alternative Asset Management	New York	$ 4,250	Distressed Assets
245	Ward Ferry Management	Hong Kong	$ 4,155	Long/Short
246	MKP Capital Europe	London	$ 4,129	Multi Strategy
247	MKP Capital Management	New York	$ 4,129	Multi Strategy, Fixed Income
248	Engineers Gate Manager	New York	$ 4,093	Quantitative
249	Highclere International Investors	London	$ 4,080	Small Cap
250	Rimrock Capital Management	Irvine	$ 4,009	Commodities, Fixed Income
2023 Rank			AUM (Millions)

Want more details on the top 250 Global hedge funds?

Download the list of the top 250 hedge funds for 2023 in Excel format with 35 columns of information on each fund.

Key Stats on Top 250 Hedge Funds of 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%)

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

The median AUM of the top 250 hedge funds is $14.41 billion

The average number of employees at the top hedge funds is 59

13 of the top 250 hedge funds were launched in 2000, more than any other year

72 of the top 250 hedge funds are currently hiring new employees

Get the full list of top 250 hedge funds in Excel format

The Top 250 Global Hedge Fund List for 2023 has 35 categories of detailed information on all the funds above. Everything from website to emails to senior staff, hiring status, number of clients and more. And it’s delivered in Excel format for easy use with any spreadsheet program or contact management system.