Renaissance Technologies and Citadel Investment Group Surge, While Other Top Equity Hedge Funds Stall

August 30th, 2012
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Renaissance Technologies Corporation and Citadel Investment Group saw their equity assets under management surge over the second quarter of 2012 by $4.1 Billion and $763 Million, respectively. While Jim Simons’ quant focused Renaissance Technologies retained its position as the largest US equity hedge fund, Ken Griffin’s Citadel regained the #2 spot. Citadel had temporarily lost the #2 spot during Q1 2012, when it was eclipsed by D.E. Shaw & Co.

D.E. Shaw & Co.’s equity assets fell by $1.4B, bringing its equity assets to $25B and causing it to fall two spots to #4 on the top hedge fund list. Meanwhile, Adage Capital Partners managed to jump up one spot to #3 by gaining $269M, bringing its total equity AUM to $25.6B.

The Top 10 Hedge Funds overall saw their US Equity assets decrease by $5.9 Billion, or 2.96%, during the second quarter of 2012. Beyond D.E. Shaw & Co, the asset decreases were led by Two Sigma Investments (-$5.2B), John Paulson’s Paulson & Co (-$3B) and Steve Cohen’s SAC Capital Advisors (-$1.79B). The once infallible John Paulson once again saw his firm fall in the rankings, down to #10 on the list. After dominating the top hedge fund list for years, Paulson & Co. lost the top spot during Q3 2011 and has seen its ranking drop every quarter since.

Notably, Izzy Englander’s Millennium Management dropped out of the top 10, after having held on to the #10 spot during the last two quarters. NYC-based Millennium reported assets of $11.8B, which were enough to claim the #11 spot for Q2 2012.

HedgeTracker releases a series of top hedge fund lists on a quarterly basis. To view the Top 100, Top 200 and Top 300 Hedge Fund lists in their entirety, please visit our Top Hedge Fund List ranking portal.
For Detailed Investor Profiles on these Investors, click below:
Adage Capital Partners
Citadel Investment Group
D.E. Shaw & Co
Millennium Management
Paulson & Co.
Point72 Asset Management (SAC Capital)
Two Sigma Investments
Related People: ; ; Becket Wolf*; Douglas Haynes (President); Andrew Hoine; Anne Dinning; Brandon Haley; Chandler Bocklage*; David E. Shaw; David Grossman; David Nolan; David Siegel; Derek Kaufman; Eric Wepsic; Israel Izzy Englander; Jeff Runnfeldt*; Joe Squeri; John Overdeck; John Paulson; Jonathan Larkin*;; Julius Gaudio; Kaveh Alamouti*; Kenneth Griffin; Louis Salkind; Mark Pickard; Mark Stainton; Max Stone; Mena Gerowin*; Michael Gelband; Mike Barr; Peter Nussbaum*; Phil Gross; Robert Atchinson; Ryan Garino; Sheru Chowdhry; Sol Kumin*; Steve Weller*; Steven A. Cohen; Stuart Merzer; Stuart Steckler(retired)*; Ted Orenstein*; Tom Conheeney*
Related Entities: Adage Capital Advisors LLC; Adage Capital Partners LP; Canvas Capital*; Citadel Alternative Asset Management; Citadel Equity Fund; Citadel Kensington; Citadel Wellington; CR Intrinsic Investors*; Cubist Systematic Strategies; D. E. Shaw Oculus Portfolios, LLC; D. E. Shaw Valence Portfolios; D.E. Shaw Group; D.E. Shaw Investment Management; DE Shaw Heliant Fund; Equiduct; EverPoint Asset Management; Harvard Management; Millennium International Fund; Millennium Management LLC; Millennium Partners; Millennium Partners LP; Millennium U.S.A.; New Castle Re; Paulson Advantage Master Ltd; Paulson Advantage Plus Master Ltd; Paulson Real Estate Recovery Fund; Paulson Recovery Fund; PCI; S.A.C. Global Investors; SAC Meridian; SAC MultiQuant; Sigma Capital Mgmt; Sowood Capital*; Tudor Investment Corporation; Two Sigma Holdings; Two Sigma Partners; Walter Capital*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Top Hedge Fund Portfolio Reports


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