Top New York Hedge Funds see assets jump by 10%, Surpassing the $450 Billion Mark

January 9th, 2013
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The list of the Top 100 Hedge Funds from the greater New York City metropolitan area has been released for the most recent quarter, revealing that the top NYC hedge funds oversee a combined $450.9B in US equities. The top hedge funds’ assets increased by nearly $41.6 Billion, or 10.16%, over the third quarter.

Twenty-one hedge funds on the Top 100 New York Hedge Fund list saw their equity assets jump by more than $1 billion over the quarter. Impressively, forty-seven hedge funds saw their assets jump by between $100 million and $1 billion. Leading the top gainers were AQR Capital Management LLC (+$2.75B) and Och-Ziff Capital Management (+$2.42B).

A couple of closely followed Global Macro managers, Soros Fund Management and PointState Capital, notable poured into US equities over the quarter. George Soros’ Soros Fund Management saw its equity assets increase by $2.38B to $5.9B. Sean Cullinan’s PointState Capital nearly doubled its holdings in US equities, increasing its assets by $2.1B to $4.7B. Sean Cullinan founded PointState in 2010 with a team of six of his colleagues from Duquesne Capital. Before Stanley Druckenmiller decided to close Duquesne Capital in 2010, Cullinan had served as Duquesne's vice chairman.

Notably, 18 hedge funds on the list are headquartered outside of Manhattan. These suburban based hedge funds, which oversee $115B in assets, are primarily based in the Connecticut suburbs. The top Connecticut hedge funds on the list were AQR Capital Management LLC (#3 on the list), Steve Mandel’s Lone Pine Capital (#4) and Steve Cohens’ SAC Capital Advisors (#5). The top metro area suburbs were once again Greenwich CT (7 top hedge funds) and Stamford CT (4 funds).

HedgeTracker releases a series of top hedge fund lists on a quarterly basis. To view the Top 100 New York Hedge Fund list in its entirety, please visit the Top Hedge Fund List ranking portal.

For Detailed Investor Profiles on these Investors, click below:
Lone Pine Capital
Och-Ziff Capital Management
PointState Capital
Point72 Asset Management (SAC Capital)
Soros Fund Management
Related People: ; Douglas Haynes (President); Anuj Malhotra*; Chandler Bocklage*; Daniel Och; David Craver; David Windreich; George Soros; Harold Kelly; Jeff Eberwein; Keith Anderson*; Kerry Tyler; Mala Gaonkar; Marco Tablada; Michael Cohen*; Peter Nussbaum*; Robert Donald; Robert Soros; Scott Bessent; Sean Cullinan*; Sol Kumin*; Stanley Druckenmiller*; Steve Mandel; Steve Mandel; Steven A. Cohen; Ted Orenstein*; Tom Conheeney*; Zach Schreiber (CEO); Zameer Arora; Zoltan Varga
Related Entities: PointState Capital LP; PointState Fund LP; PointState Holdings LLC; Canvas Capital*; CR Intrinsic Investors*; Cubist Systematic Strategies; EverPoint Asset Management; Lone Balsam LP; Lone Cascade; Lone Cypress Funds; Lone Dragon Pine; Lone Juniper; Lone Pine Capital (LPC); Lone Pine Sierra LP; Lone Sequoia LP; Lone Spruce LP; Och-Ziff Capital Structure Arbitrage; OZ Credit Opportunities; OZ Master Fund; Pharos Financial Group (seeded) ; Point State Capital; Quantum Emerging Growth Fund; Quantum Fund; Quantum Group of Funds; S.A.C. Global Investors; SAC Meridian; SAC MultiQuant; Sigma Capital Mgmt; Soros Capital LP; Soros European Equity Fund; Soros Quantum Endowment Fund; Tiger Management*; Walter Capital*; Ziff Brothers
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Featured Reports

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