Top 50 Global Macro Hedge Funds 2026

The 50 largest Global Macro Hedge Funds manage approximately $1.51 trillion in combined assets as of 2026, up 3.0% from 2025.

Rokos Capital Management leads the rankings at $230B in AUM, based in London. Alphadyne Asset Management ranks second at $147B, followed by Garda Capital at $107B.

United States is the most represented location with 58% of the top 50 funds.

There are 1 new entrants to the top 50 in 2026 and 1 funds that dropped off compared to 2025.

Total AUM — Top 50 Global Macro Hedge Funds 2026

Country Distribution

$1.51T
Total AUM
+3.0%
YoY Change
$30.2B
Average AUM
58%
Based in United States

Top 50 Global Macro Hedge Funds 2026

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

RankΔFund NameCityCountryAUM ($M)
1—Rokos Capital ManagementLondonUnited Kingdom229,815.4
2▴2Alphadyne Asset ManagementNew YorkUnited States147,366.2
3▾1Garda CapitalMinneapolisUnited States106,636.6
4▾1Bridgewater AssociatesWestportUnited States97,886.6
5▴3Tudor Investment CorporationStamfordUnited States83,565.5
6—Fortress Investment GroupNew YorkUnited States71,327.4
7—Viking Global InvestorsGreenwichUnited States69,789.5
8▴1Brevan Howard Asset ManagementLondonUnited Kingdom58,630.0
9▴1Och-Ziff Capital ManagementNew YorkUnited States44,025.8
10▴2Man GroupLondonUnited Kingdom41,696.0
11—Tenaron Capital ManagementNew YorkUnited States40,039.4
12▾7Element Capital ManagementNew YorkUnited States40,030.5
13▴4Field Street Capital ManagementNew YorkUnited States36,005.8
14▾1BlackRock Alternative AdvisorsNew YorkUnited States33,250.0
15▴7Marshall WaceLondonUnited Kingdom33,003.7
16—King Street Capital ManagementNew YorkUnited States32,316.1
17▾2Lansdowne PartnersLondonUnited Kingdom31,740.0
18▴5Graham Capital ManagementRowaytonUnited States28,538.3
19▾5Moore Capital ManagementNew YorkUnited States27,984.0
20▾1Haidar Capital ManagementNew YorkUnited States21,921.1
21—Grantham, Mayo, Van Otterloo & Co.BostonUnited States18,960.0
22▾2Algebris InvestmentsLondonUnited Kingdom16,079.5
23▴2Danske CapitalCopenhagenDenmark15,500.0
24▴2LMR PartnersLondonUnited Kingdom15,350.0
25▴4Gordian CapitalSingaporeSingapore14,968.6
26▴2Brummer and PartnersStockholmSweden14,200.0
27▾3Lindsell Train LimitedLondonUnited Kingdom13,980.9
28▾1Pharo ManagementNew YorkUnited States12,421.0
29▴1Whitebox AdvisorsMinneapolisUnited States11,045.1
30▴3Maverick CapitalDallasUnited States10,287.8
31▴3PointState CapitalNew YorkUnited States9,399.1
32▾1PanagoraBostonUnited States9,110.0
33▾1BlueCrest Capital ManagementLondonUnited Kingdom9,000.0
34▴2SPX CapitalRio de JaneiroBrazil6,150.0
35—Corbin Capital PartnersNew YorkUnited States6,038.2
36▴1Stone Milliner Asset ManagementLondonUnited Kingdom5,380.0
37▴1Dymon AsiaSingaporeSingapore5,200.0
38▴1Ellerston CapitalSydneyAustralia5,120.0
39▴1Cantab Capital PartnersCambridgeUnited Kingdom4,910.0
40▴4Discovery Capital ManagementNorwalkUnited States4,297.3
41—HSBC Alternative InvestmentsLondonUnited Kingdom4,094.5
42▴3Oxford Asset ManagementOxfordUnited Kingdom3,752.7
43▾25Caxton AssociatesNew YorkUnited States3,747.8
44▾2QuantedgeSingaporeSingapore3,100.0
45▴1Kepos Capital LPNew YorkUnited States2,172.4
46▴1Ironbark Asset ManagementSydneyAustralia2,150.0
47▴1Highline Capital ManagementNew YorkUnited States1,766.7
48▴1Statar CapitalMiamiUnited States1,700.0
49NEWKey Square Capital ManagementNew YorkUnited States1,488.5
50▾7PAR Capital ManagementBostonUnited States1,368.4

Top 10 Funds — AUM Comparison ($B)

Movers and Shakers

🔺 Biggest AUM Gainers

Fund$ Change% Change
Rokos Capital Management+$57.4B+33.3%
Alphadyne Asset Management+$32.1B+27.8%
Tudor Investment Corporation+$20.0B+31.4%
Marshall Wace+$14.1B+74.9%
Graham Capital Management+$9.9B+53.1%

🆕 New Entrants

RankFundAUM
#49Key Square Capital Management$1,489M

📉 Dropped from List

Verde Asset Management

📊 Fastest Growing (%)

Marshall Wace+74.9%
Discovery Capital Management+68.4%
Oxford Asset Management+64.7%
Graham Capital Management+53.1%
Rokos Capital Management+33.3%

Key Statistics

  • 29 of the top 50 are based in United States (58%)
  • 13 of the top 50 are based in United Kingdom (26%)
  • 3 of the top 50 are based in Singapore (6%)
  • 2 of the top 50 are based in Australia (4%)
  • 1 of the top 50 are based in Denmark (2%)
  • The top 50 funds manage $1.51 trillion in combined AUM
  • The top 10 funds alone manage $950.7 billion — 63% of the total
  • Average AUM of the top 50 is $30.2 billion
  • Median AUM is $14.2 billion
  • Combined AUM increased 3.0% from 2025

Geographic Distribution Trends

Country202420252026YoY Δ
United States312829+1
United Kingdom151313—
Singapore133—
Australia022—
Brazil121-1
Denmark111—
Sweden111—

Frequently Asked Questions

What is the largest Global Macro Hedge Funds?
As of 2026, Rokos Capital Management is the largest with approximately $230B in assets under management, based in London.
How much do the top 50 Global Macro Hedge Funds manage?
The 50 largest collectively manage approximately $1.51 trillion in AUM as of 2026, an increase of 3.0% from the prior year.
Which location has the most Global Macro Hedge Funds?
United States is home to 58% of the top 50 Global Macro Hedge Funds, making it the most represented location.

Related Rankings

Top 250 Largest Hedge Funds 2026 Top 50 Long/Short Hedge Funds 2026 Top 50 Multi-Strategy Hedge Funds 2026 Top 50 UK Hedge Funds 2026
Global Macro Hedge Fund List

Get the Full Global Macro Hedge Fund List

Comprehensive database of 370+ Global Macro Hedge Funds with contact details, AUM, strategies, and more. Instant download after purchase.

$187 $250
View Details →

Browse All Hedge Fund Lists

Hedge Fund Lists by Country View Hedge Fund Lists by Country Hedge Fund Lists by Region View Hedge Fund Lists by Region Hedge Fund Lists by Strategy View Hedge Fund Lists by Strategy