Top 50 California Hedge Funds up 2%; ValueAct Capital and SPO Advisory Hold on to Top Spots

October 14th, 2013
| More
With $9.7 billion in equity assets, ValueAct Capital Management has once again claimed the number one spot on the Top California Equity Hedge Fund List. ValueAct Capital Management, which saw its assets increase by nearly $900 million, is also notably a top technology, media and telecom investor, allocating nearly 55% of its assets to the sector.

Overall, the Top 50 Hedge Funds from California oversee a combined $69.4 billion in US equities. Over the last quarter, the top funds saw their assets increase by $1.34 billion, or 2.0%.

Number 2 on this quarter’s list is Mill Valley-based SPO Advisory Corp, with $7.4 billion in US equity assets. John Scully and William E. Oberndorf’s SPO Advisory Corp held onto the second spot for the second quarter in a row.

Rounding out the top three is Partner Fund Management with $5.2 billion in equity assets. Christopher James’s Partner Fund Management, which is based in San Francisco, saw its assets jump by $864 million over the quarter, which was enough to help it unseat Farallon Capital Management from the third spot.

Not surprisingly, thirty-five hedge funds on the Top California Hedge Fund List are based in the greater San Francisco Bay Area, while eleven funds call Los Angeles home.

Hedge Tracker releases a series of top hedge fund lists on a quarterly basis. To view the Top California Hedge Fund list in its entirety, please visit the Top Hedge Fund List ranking portal.
For Detailed Investor Profiles on these Investors, click below:
Partner Fund Management
ValueAct Capital Management
SPO Advisory Corp
Related People: Brian Grossman; Christopher Aristides; Christopher James; Edward H. McDermott; Eli Weinberg; Jeffrey W. Ubben; John Harold Scully; Mike Yuen(retired)*; William Oberndorf
Related Entities: Blum Capital Partners*; Main Street Partners; Partner Fund; Partner Healthcare Fund; Partner Principal Fund; Partner Technology Fund; PFM Meritage; SF Advisory Partners; SPO Advisory Co; SPO Partners & Co; ValueAct AllCap International LP; ValueAct Capital International; ValueAct Capital LLC; ValueAct Holdings GP LLC
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Spotlight Reports

More Recent Headlines

Top New York Metro Area Hedge Funds see assets jump by nearly 25% YTD

China Taps Winton Capital, Oak Tree, Citadel, Man Group, Canyon & Och-Ziff for Foreign Investment Quota

Top Mid-Sized Hedge Funds oversee $67 Billion, Emerging Managers Account for more than 20% of Top Funds

Diamond Capital founder Richard Schimel makes a comeback with Sterling Ridge Capital Management launch

Top Hedge Funds Eclipse $730 billion Mark, Assets up 23% Year-to-Date

Goldman Sachs Investment Partners Set to Launch Asia-Focused Oryza Capital Hedge Fund

AIFMD for Americans: What US & Non-EU Managers need to do to Comply

Top Technology, Media & Telecom Hedge Funds Report $73B; Philippe Laffont’s Coatue Capital retains Top Spot

Kase Capital’s Whitney Tilson Makes Case for Short Against K12 Inc.

Top Connecticut Hedge Funds stay Steady; Assets up by 1.3%