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June 28, 2026

The 25 Largest Hedge Fund Managers by AUM

The largest hedge fund managers registered with the SEC, ranked by regulatory assets under management. Every figure is drawn from current Form ADV filings.

# Manager Location Reg. AUM
1 Pacific Investment Management Company LLC Newport Beach, CA $3,666.94B
2 J.P. Morgan Investment Management Inc. New York, NY $3,519.41B
3 Goldman Sachs Asset Management, L.P. New York, NY $2,648.9B
4 BlackRock Financial Management, Inc New York, NY $1,595.1B
5 Wellington Management Company LLP Boston, MA $1,428.05B
6 Ssga Funds Management, Inc. Boston, MA $1,420.65B
7 Northern Trust Investments, Incorporated Chicago, IL $1,245.25B
8 PGIM, Inc. Newark, NJ $1,131.64B
9 Alliancebernstein L.P. Nashville, TN $763.4B
10 Invesco Advisers, Inc. Atlanta, GA $749.52B
11 Millennium Management LLC New York, NY $720.85B
12 Apollo Capital Management, L.P. New York, NY $718.48B
13 Morgan Stanley Investment Management Inc. New York, NY $702.25B
14 Parametric Portfolio Associates LLC Seattle, WA $684.78B
15 BlackRock Investment Management, LLC Princeton, NJ $676.69B
16 Goldman Sachs Asset Management International London $621.02B
17 UBS Asset Management (americas) LLC New York, NY $588.22B
18 Citadel Advisors LLC Miami, FL $570.62B
19 Metlife Investment Management, LLC Whippany, NJ $563.78B
20 Franklin Advisers, Inc. San Mateo, CA $509.45B
21 Columbia Management Investment Advisers, LLC Boston, MA $502.4B
22 JPMorgan Asset Management (UK) Limited London $484.1B
23 J.P. Morgan Private Investments Inc. New York, NY $469.98B
24 Ares Management LLC Los Angeles, CA $458.82B
25 Principal Global Investors, LLC Des Moines, IA $427.71B

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