As of 2024, the majority of the United States' leading hedge funds were headquartered in New York. Those located outside the country's financial capital included Florida-based Citadel, which ranked in second place by assets under management (AUM). The largest hedge fund in the U.S. was Millennium Management, located in New York, managing assets worth over 500 billion U.S. dollars.
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Largest hedge funds in the United States in 2024, by assets under management
(in billion U.S. dollars)
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Capital Assets Under Management. (April 4, 2025). Largest hedge funds in the United States in 2024, by assets under management (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 23, 2025, from https://www.statista.com/statistics/1445225/aum-largest-hedge-funds-in-the-us/
Capital Assets Under Management. "Largest hedge funds in the United States in 2024, by assets under management (in billion U.S. dollars)." Chart. April 4, 2025. Statista. Accessed June 23, 2025. https://www.statista.com/statistics/1445225/aum-largest-hedge-funds-in-the-us/
Capital Assets Under Management. (2025). Largest hedge funds in the United States in 2024, by assets under management (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 23, 2025. https://www.statista.com/statistics/1445225/aum-largest-hedge-funds-in-the-us/
Capital Assets Under Management. "Largest Hedge Funds in The United States in 2024, by Assets under Management (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Apr 2025, https://www.statista.com/statistics/1445225/aum-largest-hedge-funds-in-the-us/
Capital Assets Under Management, Largest hedge funds in the United States in 2024, by assets under management (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1445225/aum-largest-hedge-funds-in-the-us/ (last visited June 23, 2025)
Largest hedge funds in the United States in 2024, by assets under management (in billion U.S. dollars) [Graph], Capital Assets Under Management, April 4, 2025. [Online]. Available: https://www.statista.com/statistics/1445225/aum-largest-hedge-funds-in-the-us/
