Top 100 Hedge Funds 2022

Table of Contents

Introduction

The world of hedge funds can be a complex and challenging terrain to navigate. Nonetheless, it remains an area of investment that attracts billions of dollars globally. In this article, we provide a list of the top 100 largest hedge funds in 2022.

Top 100 Largest Hedge Funds in 2022

The following are the top 100 largest hedge funds in 2022:

2022 Rank	Fund Name	City	AUM ($ millions)	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

The hedge funds mentioned above have consistently outperformed the market and generated substantial returns for their investors. The factors contributing to their success include a solid investment strategy, skilled portfolio managers, robust risk management, and diversified portfolios. In 2022, these hedge funds saw significant growth, primarily due to the market’s rebound after the COVID-19 pandemic.