Top Hedge Funds break $1.1B threshold, led by strong quarters from Citadel and AQR
|November 3rd, 2015||
|The latest Top U.S. Equity Hedge Fund list has been released, revealing that the top 100 hedge funds now manage more than $1.1 billion in assets. Overall, the assets of the top funds increased by nearly $27 billion, or 2.5%, over the quarter.|
the Top 100 Equity Hedge Fund list that saw their equity assets increase by more than $1 billion. Leading the equity asset surge are AQR Capital Management (+$6.7B), Citadel Investment Group (+$4.7B), and Pentwater Capital Management (+$4.3B)
A few major hedge funds struggled over the quarter including Renaissance Technologies Corporation (-$3B) and Bridgewater Associates (-$2B).
Not surprisingly, multi-strategy, value and long/short equity styled funds are again the dominating strategies on the top 100 hedge fund list, overseeing 21%, 19% and 17% in equity assets, respectively. Growth/GARP and Quant hedge funds are responsible for managing 10% and 6% of the list’s assets.
Regionally, Manhattan maintained its place as the center of the hedge fund universe with the greatest amount of hedge fund equity assets under management (~52%). The other major hedge fund hubs represented on the list include the Greenwich/Fairfield County area, Boston, Chicago, and San Francisco..
For Detailed Investor Profiles on these Investors, click below: