I came across this BusinessWeek roundup of the top 10 U.S. Hedge Funds. It’s a slide show that was posted last year, so there will be significant change in the numbers (and the officials listed?) now. But I still felt it worthy enough to spend time converting some of the info on those slides into this table.
Top 10 U.S. Hedge Funds
| Fund |
Location |
Assets under mgmt |
Star |
Change in assets under mgmt |
| JPMorgan Asset Management |
New York |
$34 billion |
Paul Terence Bateman, CEO |
+74.3% |
| Goldman Sachs Asset Management |
New York |
$32.5 billion |
Allen Reed, CEO |
+48% |
| Bridgewater Associates |
Westport, Conn. |
$30 billion |
Raymond Thomas Dalio, president and chief investment officer |
+47% |
| D. E. Shaw Group |
New York |
$26 billion |
David Elliot Shaw, CEO |
+40% |
| Farallon Capital Management |
San Francisco |
$26 billion |
Thomas Steyer, senior managing member |
+59% |
| Renaissance Technologies |
East Setauket, N.Y. |
$24 billion |
James Harris Simons, CEO |
+176% |
| Och-Ziff Capital Management |
New York |
$21 billion |
JDaniel Saul Och, president |
+40% |
| Cerberus Capital Management |
New York |
$19 billion |
Stephen Feinberg, CEO |
+70% |
| Barclays Global Investors |
San Francisco |
$19 billion |
Blake Grossman, CEO |
+29% |
| ESL Investments |
Greenwich, Conn. |
$18 billion |
Edward Lampert, CEO |
+20% |
Would like to remind again… data is old…most probably from first quarter of 2007.
Found this 2007 New York Magazine special feature ranking some of the best hedge-fund managers in six categories, based on a poll of ten industry insiders.
The six categories are listed below:
- Top Dogs – The very best in the business
- Brainiacs – The smartest
- Bad Boys – The meanest
- Singles Hitters – Consistent performers
- Home Run Hitters – Fearless risk-takers
- Whippersnappers – Legends in the making
All the profiled managers have been attributed one of four “Styles” – Trader, Stock Picker, Distressed Investor, or Quantitative Investor.
I have put up these tables for each of the categories…
Top Dogs – The very best in the business
| Manager |
Fund |
Size |
Style |
Location |
| Steve Cohen |
SAC Capital Advisors |
$12 billion |
Trader |
Stamford, Conn |
| Stephen Feinberg |
Cerberus Capital |
$19.15 billion |
Distressed investor |
Manhattan |
| David Tepper |
Appaloosa Management |
$5.3 billion |
Distressed investor |
Chatham, N.J. |
| Eddie Lampert |
ESL Investments |
$18 billion |
Stock picker |
Greenwich, Conn. |
| Kenneth Griffin |
Citadel Investment Group |
$13.5 billion |
Trader |
Chicago |
| Michael Novogratz |
Fortress Investment Group |
$4.6 billion |
Trader |
Manhattan |
Brainiacs – The smartest
| Manager |
Fund |
Size |
Style |
Location |
| James Simons |
Renaissance Technologies |
$24 billion |
Quantitative investor |
East Setauket, N.Y |
| David Shaw |
D.E. Shaw & Co. |
$26.3 billion |
Quantitative investor |
Manhattan |
| Clifford Asness |
AQR Capital Management |
$9.5 billion |
Quantitative investor |
Greenwich, Conn. |
| Ray Dalio |
Bridgewater Associates |
$30.2 billion |
Quantitative investor |
Westport, Conn. |
| Mark Carhart |
Goldman Sachs Asset Management |
$32.5 billion |
Quantitative investor |
Chicago |
Bad Boys – The meanest
| Manager |
Fund |
Size |
Style |
Location |
| Daniel Loeb |
Third Point |
$4.2 billion |
Stock picker |
Manhattan |
| Thomas Hudson |
Pirate Capital |
$1.1 billion |
Stock picker |
Norwalk, Conn. |
| Israel Englander |
Millennium Management |
$8.6 billion |
Trader |
New York |
| Warren Lichtenstein |
Steel Partners |
$3.9 billion |
Stock picker |
Manhattan |
| Barry Rosenstein |
JANA Partners |
$5.8 billion |
Stock picker |
San Francisco |
Singles Hitters – Consistent performers
| Manager |
Fund |
Size |
Style |
Location |
| Richard Chilton |
Chilton Investment Company |
$4.3 billion |
Stock picker |
Stamford, Conn. |
| Larry Robbins |
Glenview Capital Management |
$6.1 billion |
Stock picker |
Manhattan |
| Richard Perry |
Perry Capital |
$12.34 billion |
Trader |
Manhattan |
| Lief Rosenblatt |
Satellite Asset Management |
$5.4 billion |
Trader |
Manhattan |
Home Run Hitters – Fearless risk-takers
| Manager |
Fund |
Size |
Style |
Location |
| T. Boone Pickens |
BP Capital Management |
$2.5 billion |
Trader |
Dallas |
| Timothy Barakett |
Atticus Capital |
$14 billion |
Stock picker |
Manhattan |
| Stephen Mandel |
Lone Pine Capital |
$7.94 billion |
Stock picker |
Greenwich, Conn. |
| James Chanos |
Kynikos Associates |
$3 billion |
Stock picker |
Manhattan |
Whippersnappers – Legends in the making
| Manager |
Fund |
Size |
Style |
Location |
| Chase Coleman |
Tiger Global Management |
$3 billion |
Stock picker |
Manhattan |
| William von Mueffling |
Cantillon Capital Management |
$8.1 billion |
Stock picker |
Manhattan |
| John Arnold |
Centaurus Energy |
$3 billion |
Trader |
Houston |
| Eric Mindich |
Eton Park Capital |
$6.2 billion |
Trader |
Manhattan |
| Peter Thiel |
Clarium Capital Management |
$1.9 billion |
Trader |
San Francisco |
| David Ganek |
Level Global Investors |
N/A |
Stock picker |
Greenwich, Conn. |
