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Parametric Defensive Equity Fund LLC

Hedge FundFund ID 805-2683757792Delaware, United States
Gross assets
$5.69B
Min. investment
$3M
Beneficial owners
191
Size rank
Top 1%
Audited
Yes
Structure
Standalone

About this fund

Parametric Defensive Equity Fund LLC is a hedge fund managed by Parametric Portfolio Associates LLC. The fund reports $5.7 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $3 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-2683757792
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Inprs Custom Risk Parity Fund LLCHedge$1.08B
Parametric Custom Risk Parity Fund, LLCHedge$1.05B
Parametric Global Defensive Equity Fund LLCHedge$913.8M
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Frequently asked questions

How large is Parametric Defensive Equity Fund LLC?

Parametric Defensive Equity Fund LLC reports $5.7 billion in gross assets, among the top 1% of private funds by size.

What is the minimum investment for Parametric Defensive Equity Fund LLC?

The stated minimum investment is $3 million.

Who manages Parametric Defensive Equity Fund LLC?

Parametric Defensive Equity Fund LLC is managed by Parametric Portfolio Associates LLC.

Does Parametric Defensive Equity Fund LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Prime broker
None reported
Administrator
Auditor

Reported gross assets

$5.69B▲ 9%
Mar '25 — $5.24BApr '25 — $5.24BMay '25 — $5.24BJun '25 — $5.24BJul '25 — $5.24BAug '25 — $5.24BSep '25 — $5.24BOct '25 — $5.24BNov '25 — $5.24BDec '25 — $5.24BJan '26 — $5.24BFeb '26 — $5.24BMar '26 — $5.69BApr '26 — $5.69BMay '26 — $5.69BJun '26 — $5.69B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Hedge FundsTop 3%
Larger than 97% of 12,442 hedge funds
Minimum investmentTop 30%
Higher than 70% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds%
Non-U.S. persons2%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.