Not all hedge funds are created equal. See which ones actually beat the market and which are all talk. Data-driven rankings you can trust.
See Full Scorecard| Fund | Return | Sharpe | Win Rate | Overall |
|---|---|---|---|---|
| Renaissance Technologies | +38% | 2.8 | 71% | A+ |
| Citadel Advisors | +32% | 2.4 | 68% | A |
| Two Sigma | +28% | 2.2 | 65% | A- |
| D.E. Shaw | +26% | 2.1 | 64% | B+ |
| Millennium | +24% | 1.9 | 62% | B+ |
| Bridgewater | +18% | 1.5 | 58% | B |
| Point72 | +16% | 1.4 | 56% | B- |
| Balyasny | +14% | 1.2 | 54% | C+ |
Trailing 12-month return calculated from 13F position tracking. We estimate entry/exit points based on filing dates.
Risk-adjusted return. A fund with 20% return and low volatility scores better than 30% return with wild swings.
Percentage of positions that showed positive returns during holding period. Consistency matters.
How well the fund timed sector rotations. Did they reduce tech before selloffs? Increase energy before rallies?
Quant funds dominate: The top 3 are all systematic/quantitative. Human stock pickers are struggling to compete with algorithmic approaches.
Size vs Performance: Bridgewater is the largest ($150B+) but ranks #6. Bigger isn't always better - it's harder to move a massive portfolio.
Consistency wins: Renaissance's win rate (71%) is exceptional. They don't swing for the fences - they compound consistent gains.
For momentum stocks: Follow Citadel and Two Sigma - they're best at catching tech trends.
For value plays: Watch Bridgewater and D.E. Shaw - they identify undervalued opportunities.
For high conviction: When Renaissance takes a big position, pay attention - their accuracy is unmatched.