Top Hedge Funds for 2023/2024 (2024)

This list shows the best hedge funds based on the returns of the top 20 stocks in their portfolio. For details, read how HedgeFollow ranks Hedge Funds.

Top Hedge Funds List

As of the beg. of Q2 2024, next update in days
Tip: Use our new portfolio builder to combine funds

Fund Manager 3-Year Performance MW 3-Year Performance EW AUM Top 20 Conc. Turnover Fund Rating
Top Hedge Funds for 2023/2024 (2024)

FAQs

Top Hedge Funds for 2023/2024? ›

All four of its main funds posted double-digit gains in 2023: The flagship Wellington fund jumped 15.3 percent; Citadel Tactical Trading Fund, also a multistrat fund, was up 14.8 percent; Citadel Equities, a long-short market-neutral fund, rose 11.6 percent; and Citadel Global Fixed Income climbed 10.9 percent.

What is the best performing hedge fund in 2023? ›

All four of its main funds posted double-digit gains in 2023: The flagship Wellington fund jumped 15.3 percent; Citadel Tactical Trading Fund, also a multistrat fund, was up 14.8 percent; Citadel Equities, a long-short market-neutral fund, rose 11.6 percent; and Citadel Global Fixed Income climbed 10.9 percent.

What hedge funds are going to be leaderboard in 2023? ›

The largest hedge funds in 2023 are Field Street Capital Management, Citadel Investment Group, Bridgewater Associates, Mariner Investment Group, and Millennium Capital Partners.

What are hedge funds buying in 2024? ›

Trends Shaping the Hedge Fund Industry in 2024

AI has been the buzz term for the last few years. This is the year where AI will go from excitement to practical application. Hedge funds are likely to invest heavily in technology to enhance their trading strategies, risk management, and operational efficiency.

What hedge fund has the highest return? ›

One of the most profitable hedge funds of all times, Citadel generated $16 billion in profits for its investors in 2022, and earned $65.9 billion in net gains since 1990, making it the top-earning hedge fund ever.

What is the best performing hedge fund ever? ›

Citadel has generated roughly $74 billion in total gains since its inception in 1990, making it the most successful hedge fund of all time.

Which hedge funds pay the most? ›

In 2023, the five highest-paid hedge fund managers were Ken Griffin of Citadel, Izzy Englander of Millennium Management, Steve Cohen of Point72 Asset Management, David Tepper of Appaloosa Management, and James Simon of Renaissance Technologies.

Will hedge funds exist in 10 years? ›

Overall, the consensus is that hedge funds will continue to grow but will adapt to lower fees, greater use of technology, and increased access to retail investors.

Do hedge funds do well in a recession? ›

With the threat of recession growing, we examined hedge fund performance during recessionary periods over the last three decades, finding that they have demonstrably outperformed when stocks have declined.

What ETF consistently beat the S&P 500? ›

That makes outperforming the S&P 500 on a consistent basis no small task. The one fund that has beaten the index in nine of the past 10 years is the Technology Select Sector SPDR Fund (NYSEMKT: XLK).

What are the hedge fund gains in 2023? ›

Billionaire hedge fund managers Chris Hohn and Ken Griffin led the industry to record profits last year as bets on the stock market paid off handsomely for clients.

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