Best Performing Hedge Funds

The best hedge funds aren't always the biggest. We rank tracked funds by their 3-year replication return — how a portfolio mirroring each fund's disclosed 13F holdings would have performed — to surface managers who consistently beat the market. The ranking refreshes every quarter as new SEC 13F filings post. Click any fund to see its full portfolio, top holdings and trade history.

#	Fund & manager	3-Year return	AUM (13F)	Holdings
1	GENDELL JEFFREY L GENDELL JEFFREY L	+719%	$7.3B	100
2	Value Aligned Research Advisors, LLC Value Aligned Research Advisors, LLC	+353%	$20.7B	61
3	Kohlberg Kravis Roberts & Co. L.P. Kohlberg Kravis Roberts & Co. L.P.	+353%	$5.2B	42
4	Slate Path Capital LP David Greenspan	+332%	$6.7B	44
5	PECONIC PARTNERS LLC PECONIC PARTNERS LLC	+329%	$5.8B	8
6	Whale Rock Capital Management LLC Alex Sacerdote	+305%	$7.7B	35
7	Atreides Management, LP Gavin Baker	+270%	$5.0B	52
8	Jericho Capital Asset Management L.P. Jericho Capital Asset Management L.P.	+256%	$6.8B	23
9	Polar Capital Holdings Plc Polar Capital Holdings Plc	+239%	$27.9B	225
10	Situational Awareness LP Leopold Aschenbrenner	+238%	$13.7B	29
11	Light Street Capital Glen Kacher	+233%	$534M	23
12	Ratan Capital Management Nehal Chopra	+217%	$256M	33
13	Duquesne Family Office Stanley Druckenmiller	+214%	$3.4B	68
14	Lingotto Investment Management LLP Lingotto Investment Management LLP	+212%	$5.1B	34
15	Alphabet Inc Alphabet Inc	+199%	$4.0B	26
16	Hood River Capital Management LLC Hood River Capital Management LLC	+184%	$9.9B	163
17	COATUE MANAGEMENT LLC Philippe Laffont	+180%	$29.1B	62
18	CastleKnight Management LP CastleKnight Management LP	+169%	$6.0B	379
19	D. E. Shaw & Co., Inc. David Shaw	+166%	$161.6B	2829
20	APPALOOSA LP David Tepper	+165%	$5.9B	31
21	JANE STREET GROUP, LLC Jane Street Group	+158%	$771.6B	4158
22	PointState Capital LP PointState Capital LP	+156%	$7.9B	44
23	Amova Asset Management Americas, Inc. Amova Asset Management Americas, Inc.	+153%	$7.1B	186
24	Two Seas Capital LP Two Seas Capital LP	+142%	$7.2B	40
25	ALKEON CAPITAL MANAGEMENT LLC Panayotis Sparaggis	+140%	$59.5B	90
26	SOFTBANK GROUP CORP. SOFTBANK GROUP CORP.	+138%	$11.4B	29
27	MAVERICK CAPITAL LTD Lee Ainslie	+137%	$8.7B	239
28	Point72 Asset Management, L.P. Steven Cohen	+134%	$76.3B	2203
29	FRONTIER CAPITAL MANAGEMENT CO LLC FRONTIER CAPITAL MANAGEMENT CO LLC	+134%	$9.7B	290
30	PRIMECAP MANAGEMENT CO/CA/ PRIMECAP MANAGEMENT CO/CA/	+132%	$127.0B	320

3-year return = cumulative return of a portfolio replicating the fund's reported 13F holdings over the trailing 3 years (shown when ≥3 years of filings exist). Not the fund's actual reported return. AUM = 13F reported assets. See the full list at all hedge funds →.