Hedge Fund Tracker

The track records of the most famous hedge-fund managers - returns, assets, and whether they have actually beaten the market.

Performance - funds with disclosed track records

Since-inception annualized return vs S&P 500vs ~10.5%/yr

Legendary & now-private fundsReference

These managers are too secretive, closed, or converted to family offices to publish reliable year-by-year returns - shown as historical profiles, not in the table above.

About these numbers. Hedge funds aren't required to disclose returns, so everything here except Pershing Square (publicly listed, audited NAV) is compiled from press reporting - LCH Investments annual manager rankings (via the Financial Times / Institutional Investor), Bloomberg, CNBC, Reuters, Hedgeweek, fund investor letters, and Gregory Zuckerman's The Man Who Solved the Market for Renaissance. AUM and returns are point-in-time, approximate and may be revised. Trailing periods are annualized through each fund's most recently reported year - not live - so a brokerage quote will differ: Pershing Square rows are fund NAV performance, while the listed shares (PSH / PSHZF) trade daily at a discount to NAV and reflect the current year's moves. "n/d" = not disclosed; "Beats S&P?" compares since-inception annualized return to the S&P 500's long-run ~10.5%/yr total return. Not investment advice.

About this page

Track records of the biggest names in hedge funds, from Griffin and Simons to Dalio, Ackman and Soros: since-inception and trailing annualized returns, assets under management, and the column that matters, whether each has actually beaten the S&P 500.

The scoreboard doubles as a lesson in survivorship: the legends listed are the survivors of thousands of funds that closed quietly. After 2-and-20 fees the average hedge fund has trailed a plain index fund for two decades, which makes the few genuine long-run outperformers all the more remarkable.

Frequently asked questions

Do hedge funds beat the market?

On average, no, especially after fees; index funds have outrun the average fund for 20 years. A small tail of managers shows persistent skill, but identifying them in advance and getting access are both notoriously hard.

What does 2-and-20 mean?

The traditional fee model: 2% of assets annually plus 20% of profits. Compounded over decades it transfers a startling share of gross returns from investors to managers, which is the core of the index-fund argument.

Why do famous investors still matter then?

Because their disclosed positioning moves markets and reveals how the sharpest capital reads the moment; that is information even for investors who would never pay the fees.