Top 100 Largest US Hedge Funds 2017

Top 100 Hedge Funds in the United States 2017

Below is a list of the 60 largest US hedge funds, ranked by assets under management. Click here for full top 100 US hedge funds.

	Fund Name	City	AUM ($ million)	Strategy
1	AQR Capital Management	Greenwich	243982	Multi Strategy
2	Bridgewater Associates	Westport	239323	Long/Short
3	Millennium Management	New York	207626	Multi Strategy
4	Citadel Investment Group	Chicago	152656	Convertibles
5	Goldman Sachs Asset Management	New York	106240
6	Wellington Management Company	Boston	99740	Multi Strategy
7	Renaissance Technologies	East Setauket	97006	Multi Strategy
8	Pine River Capital Management	Minnetonka	82775	Multi Strategy
9	DE Shaw	New York	81317	Absolute Return
10	Fortress Investment Group	New York	56936	Private Equity
11	Elliott Management	New York	56006	Global Equity
12	Element Capital Management	New York	55883	Global Macro
13	Moore Capital Management	New York	53824	Global Macro
14	Och-Ziff Capital Management	New York	51744	Global Macro
15	Two Sigma Investments	New York	49269	Commodities
16	Cerberus Capital Management	New York	47973	Aerospace/Defense
17	Viking Global Investors	Greenwich	43378	Global Macro
18	Adage Capital Management	Boston	41969
19	Tudor Investment Corporation	Greenwich	39662	Multi Strategy
20	Angelo Gordon & Co.	New York	38253	Real Estate
21	Balyasny Asset Management	Chicago	37210	Multi Strategy
22	BlackRock Alternative Advisors	New York	33250	Global Macro
23	Lone Pine Capital	Greenwich	33157	Long/Short
24	Discovery Capital Management	Norwalk	33072	Equity
25	Lighthouse Investment Partners	Palm Beach Gardens	32568	Fund of Funds
26	Baupost Group	Boston	31563	Global Equity
27	Davidson Kempner	New York	31023	Global Equity
28	Graham Capital Management	Rowayton	30308	Global Macro
29	GoldenTree Asset Management	New York	27384	Private Equity
30	Anchorage Capital Group	New York	27176	Credit
31	Centerbridge Partners LP	New York	26049	Multi Strategy
32	HBK Capital Management	Dallas	25448	Multi Strategy
33	Farallon Capital Management	San Francisco	25436	Multi Strategy
34	PointState Capital	New York	24763	Energy
35	Tiger Global Management LLC	New York	23596
36	Bracebridge Capital	Boston	23528	Absolute Returns
37	Appaloosa Management	Short Hills	22845	Global Equity
38	Hutchin Hill Capital	New York	22809	Event Driven
39	Bluemountain Capital Management	New York	22788	Global Macro
40	King Street Capital Management	New York	21219	Global Macro
41	Select Equity	New York	20511	Equity
42	York Capital Management	New York	19975	Event Driven
43	Magnetar Capital	Evanston	19895	Multi Strategy
44	Brigade Capital Management	New York	19731	Managed Futures
45	Caxton Associates	Princeton	19427	Global Macro
46	Third Point LLC	New York	19412	Event Driven
47	Kayne Anderson Capital Advisors	Los Angeles	19358	Private Equity
48	Canyon Partners	Los Angeles	19149	Multi Strategy
49	Grantham, Mayo, Van Otterloo & Co.	Boston	18960	Emerging Markets
50	Carlson Alternative Advisors	Dallas	18882	Private Equity
51	Highfields Capital Management	Boston	18796
52	MKP Capital Management	New York	18705	Multi Strategy
53	ValueAct Capital	San Francisco	17581	Long/Short
54	Alyeska Investment Group	Chicago	16532	Managed Futures
55	Spectrum Asset Management	Stamford	16509	Fixed Income
56	Glenview Capital Management	New York	16320	Multi Strategy
57	Tilden Park Capital Management	New York	16058	Multi Strategy
58	Maverick Capital	Dallas	15922	Global Macro
59	Neuberger Berman	New York	15900	Fund of Funds
60	Marathon Asset Management	New York	15248	Credit

Data as of June 1, 2017

View the entire largest 100 US hedge funds for 2017

The 5 largest hedge funds in the US for 2017 are AQR Capital Management, Bridgewater Associates, Millennium Mnagement, Citadel Investment Group, and Goldman Sachs Asset Management

The top 60 biggest US hedge funds have a combined $2.76 trillion in assets under management (AUM)

30 of the top 60 US hedge funds are based in New York

6 of the top 60 US hedge funds are based in Boston

Top 40 Largest Hedge Funds in New York 2017

Top 40 Largest Hedge Funds in New York, 2017

Below is a list of the largest NYC hedge funds ranked by assets under management for 2017:

	Fund Name	City	AUM ($ million)	Strategy
1	Millennium Management	New York	207626	Multi Strategy
2	Goldman Sachs Asset Management	New York	106240
3	DE Shaw	New York	81317	Absolute Return
4	Fortress Investment Group	New York	56936	Private Equity
5	Elliott Management	New York	56006	Global Equity
6	Element Capital Management	New York	55883	Global Macro
7	Moore Capital Management	New York	53824	Global Macro
8	Och-Ziff Capital Management	New York	51744	Global Macro
9	Two Sigma Investments	New York	49269	Commodities
10	Cerberus Capital Management	New York	47973	Aerospace/Defense
11	Angelo Gordon & Co.	New York	38253	Real Estate
12	BlackRock Alternative Advisors	New York	33250	Global Macro
13	Davidson Kempner	New York	31023	Global Equity
14	GoldenTree Asset Management	New York	27384	Private Equity
15	Anchorage Capital Group	New York	27176	Credit
16	Centerbridge Partners LP	New York	26049	Multi Strategy
17	PointState Capital	New York	24763	Energy
18	Tiger Global Management LLC	New York	23596
19	Hutchin Hill Capital	New York	22809	Event Driven
20	Bluemountain Capital Management	New York	22788	Global Macro
21	King Street Capital Management	New York	21219	Global Macro
22	Select Equity	New York	20511	Equity
23	York Capital Management	New York	19975	Event Driven
24	Brigade Capital Management	New York	19731	Managed Futures
25	Third Point LLC	New York	19412	Event Driven
26	MKP Capital Management	New York	18705	Multi Strategy
27	Glenview Capital Management	New York	16320	Multi Strategy
28	Tilden Park Capital Management	New York	16058	Multi Strategy
29	Neuberger Berman	New York	15900	Fund of Funds
30	Marathon Asset Management	New York	15248	Credit

Data as of June 1, 2017

View the full list of the top 40 New York hedge funds 2017


The three largest NYC hedge funds are Millennium Management, Goldman Sachs Asset Management, DE Shaw, and Fortress Investment Group.

The top 30 biggest hedge funds in New York for 2017 have $1.22 trillion in assets under management.

The eight top hedge funds in New York with more than $50 billion in assets under management.


 

Top 20 Largest Hedge Funds in California 2017

Top 20 Largest Hedge Funds in California - 2017

Below is data on the top 20 largest hedge funds in California as of June, 2017:

 

	Fund Name	City	AUM ($ million)	Strategy
1	Farallon Capital Management	San Francisco	25436	Multi Strategy
2	Kayne Anderson Capital Advisors	Los Angeles	19358	Private Equity
3	Canyon Partners	Los Angeles	19149	Multi Strategy
4	ValueAct Capital	San Francisco	17581	Long/Short
5	Beach Point Capital Management	Santa Monica	13033	Multi Strategy
6	Horsley Bridge Partners	San Francisco	11172	Private Equity
7	Pacific Alternative Asset Management	Irvine	10053	Fund of Funds
8	Rimrock Capital Management	Irvine	8360	Commodities
9	Parallax Fund	San Francisco	8311	Multi Strategy
10	Coast Asset Management	Santa Monica	6930	Fund of Funds

Data as of June 1, 2017

View the full list of the top 20 hedge funds in California


The three largest hedge funds in California are Farallon Capital Management, Kayne Anderson Capital Advisors, and Canyon Partners

The top 10 hedge funds in California have a combined $139 billion in assets under management

Four of the ten biggest California hedge funds are based in San Francisco

Top 20 Largest Hedge Funds in Connecticut 2017

Top 20 Hedge Funds in Connecticut -2017

Below is a list of the largest hedge funds in Connecticut for 2017:

	Fund Name	City	AUM ($ million)	Strategy
1	AQR Capital Management	Greenwich	243982	Multi Strategy
2	Bridgewater Associates	Westport	239323	Long/Short
3	Viking Global Investors	Greenwich	43378	Global Macro
4	Tudor Investment Corporation	Greenwich	39662	Multi Strategy
5	Lone Pine Capital	Greenwich	33157	Long/Short
6	Spectrum Asset Management	Stamford	16509	Fixed Income
7	UBS Hedge Fund Solutions	Stamford	14550	Equity
8	Paloma Partners	Greenwich	14022
9	Silver Point Capital	Greenwich	12345	Multi Strategy
10	K2 Advisors	Stamford	9808	Fund of Funds

Data as of June 1, 2017

View the full list of top 20 hedge funds in Connecticut for 2017


The 3 largest hedge funds in Connecticut are AQR Capital Management, Bridgewater Associates, and Viking Global Investors.

6 of the 10 largest hedge funds in CT are based in Greenwich

The 10 biggest hedge funds in Connecticut have a combined $667 billion in assets under management.

Top 10 Largest Hedge Funds Chicago - 2017

Top 10 Largest Hedge Funds in Chicago - 2017

Below is a partial list of the top hedge funds in Chicago as of June 1, 2017:

	Fund Name	City	AUM ($millions)	Strategy
1	Citadel Investment Group	Chicago	152656	Convertibles
2	Balyasny Asset Management	Chicago	37210	Multi Strategy
3	Alyeska Investment Group	Chicago	16532	Managed Futures
4	LaSalle Investment Management	Chicago	11012	Real Estate
5	Wolverine Asset Management	Chicago	6282	Arbitrage
6	Anchor Bolt Capital	Chicago	5261	Long/Short
7	JHL Capital Group	Chicago	2193	Convertibles
8	Blue Vista Capital Partners	Chicago	1324	Real Estate

Data as of June 1, 2017

View the full list of top 10 hedge funds in Chicago for 2017

The three largest hedge funds in Chicago are Citadel Investment Group, Balyasny Asset Management, and Alyeska Investment Group

The 8 biggest hedge funds in Chicago have combined assets under management over 232.4 billion as of June 1, 2017

The 4 largest Chicago hedge fund managers all have in excess of $10 billion in AUM

Top 20 Largest Hedge Funds in Boston - 2017

20 Largest Hedge Funds in Boston, MA - 2017

Below is a 1-10 of the top 20 largest Boston hedge funds for 2017:

Fund Name	City	AUM ($millions)	Strategy
Wellington Management Company	Boston	99740	Multi Strategy
Adage Capital Management	Boston	41969
Baupost Group	Boston	31563	Global Equity
Bracebridge Capital	Boston	23528	Absolute Returns
Grantham, Mayo, Van Otterloo & Co.	Boston	18960	Emerging Markets
Highfields Capital Management	Boston	18796
Arrowstreet Capital	Boston	12200
ArcLight Capital Partners	Boston	9616	Energy
Abrams Capital	Boston	9314	Managed Futures
Panagora	Boston	8420	Global Macro

Data as of 5/28/2017

Get the full list of the Top 20 Hedge Funds in Boston 2017

• The three largest hedge funds in Boston are Wellington Management Company, Adage Capital Management and Baupost Group.

• The 10 biggest hedge funds in Boston  have over $270 billion in combined assets under Management.

• 7 of the 10 largest Boston hedge funds have more than $10 billion in assets
  

New Hedge Fund Launches 2017

2017 Hedge Fund Launches

There are several new hedge funds launching in 2017, with many more to come in the second half of the year. Here are a few recent new hedge funds for 2017:

1) Blue Hawk Investment Group, founded in 2016, just launched their BlueHawk Fundamental Growth Fund, a long/short equity fund.


2) Holocene Advisors, a hedge fund started by former Citadel manager, Brandon Haley, is gearing up for an April, 2017 launch with an expected $1 billion.


3) Light Sky Macro, also based out of New York and run by Ben Melkman, is launching in the first quarter of 2017. The fund has backing from some huge names in the hedge fund industry including Louis Bacon, Philippe Laffont, Steve Cohen, and Dan Loeb.


4) Latitude Investment Management is launching with an extremely unique fee structure - just 1% management fees and no performance fees. 

Stay tuned for additional hedge fund launches in 2017

Marketing to Hedge Funds

Marketing to Hedge Funds

As of 2017, hedge funds had nearly 3.3 trillion in assets and had net inflows of $75 billion in new assets. There is also a lot of optimism, with 69% of hedge fund managers expressing optimism for industry returns.

With the optimism and massive amount of capital at stake, it's no surprise that everyone from third party service providers to purveyors of luxury goods are looking for a way to market to hedge funds. Of course, the major hurdle is that hedge funds are notoriously difficult to contact.

Though it's beginning to change, a large number of hedge funds do not even maintain websites (or simply operate a secure login terminal for clients). Others provide little information on their fund, executives, strategy, assets under management, and the other key criteria necessary for marketers to effectively communicate their value proposition.

So how exactly can one effectively market their product or service to hedge funds?

1) Understand the hedge fund industry and need for your product or service

If you are selling, for example, private jet sharing, you may be looking to market to the entire industry. If, on the other hand, you are providing a data analytics service, you may be only marketing to funds utilizing a specific strategy. Understanding the various types of hedge funds and what their product and service needs may be is absolutely essential.

Some resources you might like:
2017 Preqin Hedge Fund Report
Free Hedge Fund Database
Hedge Fund Marketing Association
HedgeCo Service Provider Directory
The Secret Hedge Fund Database

2) Reach out to hedge funds directly

Let's face it, you're not going to be able to effectively run ads using Google AdWords to target hedge fund managers and decision makers. Facebook ads can you a bit closer, but still won't allow you to target them directly. In our experience, the best method for marketing to hedge funds is reaching out to them directly - in person, by mail, or by email.

There are close to a dozen reputable hedge fund database/directories that can be immensely helpful in this regard. The good ones will be updated frequently. Our favorite is The Blue Heron Group's secret hedge fund database. Other well known databases, though they are rather expensive and more aimed at investors, are Preqin and EurekaHedge, and Morningstar. HedgeLists offers an inexpensive alternative, particularly if you are looking to market to a specific country or fund strategy.

3) Differentiate yourself

Due to the large amount of capital and relative concentration of funds, it can be difficult to get the time of day from the larger and more well known funds. Your value proposition, along with a unique approach, is critical to your ability to effectively market yourself and your product to hedge funds.

Hedge Funds and Big Data

It's no secret that many hedge funds rely on analysis of big data for making investment decisions. For years it has been speculated that quants and scientists tasked with pouring over huge quantities of data would develop sophisticated and profitable algorithms to trade off this information. However, a recent article by Bloomberg suggests they may no be having the success many envisioned.

Big data is a catchall phrase used to describe a broad variety of information derived from social media sites like Facebook and Twitter, Google searches, online customer purchase information, and even satellite photos. However, it's unclear many hedge funds have been able to reliably use this information to their advantage.

In one example, funds used to dealing with conventional financial filings tried to understand the impact of a foodborne illness on Chipotle's sales. Rather than waiting for quarterly sales guidance, they chose to study location apps that indicated foot traffic was declining. The problem is this overlooked an important fact; in the winter months many customers chose to have meals delivered instead of venturing in to Chipotle.

While hedge funds also had difficulty predicting the 2016 election or Brexit, they do sometimes connect. For example, start up hedge fund Predata claims it has correctly predicted attacks on North African oil fields and various political moves in Europe.

Still, as many hedge funds rush to higher scientists specializing in big data analysis, it's less than clear many will be able to filter the noise and develop profitable trading strategies.

Hedge Fund Jobs in Texas 2016

Looking for a hedge fund job in Texas? If you're looking for a hedge fund job in Dallas, Houston, or elsewhere in Texas take a look at this list of hedge funds that are currently hiring in Texas.

Whether you are looking for an internship, Analyst, Portfolio Manager or other hedge fund position, this abbreviated list of hedge funds in Texas with current job openings could be a great start:

Barrow, Hanley, Mewhinney & Strauss	Dallas	TX
Condera Advisors	Houston	TX
Crestline Management	Fort Worth	TX
Dimensional Fund Advisors	Austin	TX
Fortress Investment Group	Irving	TX
Frontier Investment Management	Dallas	TX

Note: The above is just the first 6 of 26 hedge funds that currently have open job positions in Texas. Get the complete list of hedge funds and hedge fund jobs in Texas

Hedge Fund Jobs in Boston and Massachusetts 2016

Looking for a hedge fund job in Boston? The below list of hedge fund job opportunities in Boston, Cambridge and elsewhere in Mass. is a great way to get started on your job search.

Whether you are looking for an internship, analyst, portfolio manager or other hedge fund position, this abbreviated list of hedge funds in Boston with current job openings could be a huge help:

AEW Capital Management	Boston	MA
Alphasimplex Group	Cambridge	MA
Babson Capital Management	Boston	MA
Baring Asset Management	Boston	MA
Burl Capital	Boston	MA
Cadence Capital Management	Boston	MA
Crestwood Advisors	Boston	MA
Delta Partners	Boston	MA
Essex Investment Management	Boston	MA
Grantham, Mayo, Van Otterloo & Co.	Boston	MA

Note: The above list is just the first 10 of several dozen hedge fund jobs in MA. Download the complete list of hedge funds an hedge fund jobs in MA

Hedge Fund Jobs in Chicago 2016

Looking for a hedge fund job in Chicago or elsewhere in Illinois? The below list shows several hedge funds that are currently hiring in Chicago.

Whether you are looking for an internship, Analyst, Portfolio Manager or other hedge fund position, this abbreviated list of hedge funds in Chicago with current job openings could be a great start:

Advisory Research	Chicago	IL
Balyasny Asset Management	Chicago	IL
Channing Capital Management	Chicago	IL
Coe Capital Management	Deerfield	IL
CTS Strategic Investments	Chicago	IL

Note: The above is just 5 of the more than 20 hedge fund currently hiring in Chicago. Get a hedge fund job with the complete list of hedge fund jobs in Chicago

Hedge Fund Jobs in Florida 2016

Looking for a hedge fund job in Florida? Below is a list of hedge funds in Boca Raton, Palm Beach, and throughout Florida that currently have open positions.

Whether you are looking for an internship, Analyst, Portfolio Manager or other hedge fund position, this abbreviated list of hedge funds in Florida with current job openings could be a great start:

Alterna Capital	Fort Lauderdale	FL
Aviance Capital Management	Sarasota	FL
Collins Capital Management	Coral Gables	FL
Mikus Capital Management	Palm Beach	FL
Steinberg Global Asset Management	Boca Raton	FL

Note: The above list is just the first 5 out of many hedge funds that are currently hiring in Florida. Get the full list of hedge fund jobs in Florida

Hedge Fund Jobs in Connecticut 2016

Looking for a hedge fund job in Connecticut? If you're looking for a hedge fund job or internship in Greenwich or Stamford, CT see the below list of hedge funds that are currently hiring:

Whether you are looking for an internship, Analyst, Portfolio Manager or other hedge fund position, this abbreviated list of hedge funds in Connecticut with current job openings could be a great start:

Airlie Opportunity Capital Management	Greenwich	CT
AQR Capital Management	Greenwich	CT
Atlantic Asset Management	Stamford	CT
AXA Investment Management LLC	Greenwich	CT
Balyasny Asset Management	Greenwich	CT
Breeden Capital Management LLC	Greenwich	CT

Note: This is just a partial list and includes only the first 6 of more than 20 hedge funds currently with open jobs in Connecticut. Get the full list of hedge fund jobs in Connecticut

Hedge Fund Jobs in New York 2016

Looking for hedge fund job in New York? There are currently 98 hedge funds with open job positions in NYC. Whether you are looking for an internship, analyst, portfolio manager or other hedge fund position, this abbreviated list of hedge funds in NY with current job openings could be a huge help:

Ader Investment Management	New York	NY
Aequitas Capital Management	New York	NY
Albion Investors	New York	NY
Alkeon Capital Management	New York	NY
Allen Global Partners	New York	NY
Allianz Alternative Asset Management	New York	NY
American Capital Management	New York	NY
Angelo Gordon & Co.	New York	NY
Atlantic Investment Management	New York	NY
Axiom Capital Management	New York	NY

Note: The above is just the first 10 out of 98 hedge funds that are currently hiring new employees in New York. Get the complete list of hedge funds and hedge fund jobs in NY