When it comes to the 20 largest hedge funds in 2019 and their surprising top stock pick, it’s the best if we turn to Insider Monkey again. Many investors think the most important indicator of investment success is hedge fund size. Naturally, high returns is an inevitable factor, but according to Insider Monkey’s experience, marketing skills are much more important ones.
It’s an arresting fact, that the biggest and successful hedge funds showed more returns, when they were much smaller. Except Warren Buffett, most large hedge fund manager won’t admit that actually there’s a negative relationship between fund reterns and fund size. In this list you will find the biggest equity hedge funds in 2019, based on the size of their 13F portfolios.
It’s really worth studying Insider Monkey’s page and their research work, as we could see this year, a tiny virus can cause large problems in the world economy. We did experience that almost all the industries stopped operating, and millions of people remained without work and regular income. Naturally, the governments tried to help out these people, but this caused another severe deficit in public finance of all countries. Where will the pandemic end? How long will it make its effects felt in the world economy and industries? There are only predictions.
Now, without a further adi, let’s see the list of the 20 largest hedge funds in 2019 and their surprising top stock pick.
20. PEAK6 Capital Management
Founded By: Matthew Hulsizer
13F Portfolio Size: $15 billion
Top Stock Pick: Amazon.com Inc (NASDAQ:AMZN)
19. Balyasny Asset Management
Founded By: Dmitry Balyasny
13F Portfolio Size: $15.6 billion
Top Stock Pick: United Technologies (UTX)
18. Lone Pine Capital
Founded By: Stephen Mandel
13F Portfolio Size: $16.1 billion
Top Stock Pick: Adobe Systems (NASDAQ:ADBE)
17. Tiger Global Management
Founded By: Chase Coleman
13F Portfolio Size: $18.5 billion
Top Stock Pick: Microsoft Corp (NASDAQ:MSFT)
16. OZ Managament
Founded By: Daniel S. Och
13F Portfolio Size: $18.8
Top Stock Pick: Altaba Inc (AABA)
15. Point72 Asset Managament
Founded By: Steve Cohen
13F Portfolio Size: $19.1 billion
Top Stock Pick: Alibaba Group (BABA)
14. Viking Global
Founded By: Andreas Halvorsen
13F Portfolio Size: $22.3 billion
Top Stock Pick: Adaptive Biotechnologies (ADPT)
13. Alkeon Capital Management
Founded By: Panayotis “Takis” Sparaggis
13F Portfolio Size: $25.3 billion
Top Stock Pick: Synopsys (SNPS)
12. Icahn Capital
Founded By: Carl Icahn
13F Portfolio Size: $26.5 billion
Top Stock Pick: Icahn Enterprises (IEP)
11. GLG Partners
Founded By: Noam Gottesman
13F Portfolio Size: $27.7 billion
Top Stock Pick: Microsoft Corp (MSFT)
10. Eagle Capital Management
Founded By: Boykin Curry
13F Portfolio Size: 28.6 billion
Top Stock Pick: Microsoft Corp (MSFT)
9. Adage Capital Management
Founded By: Phill Gross and Robert Atchinson
13F Portfolio Size: $40.2 billion
Top Stock Pick: Microsoft Corp (MSFT)
8. Two Sigma Advisors
Founded By: John Overdeck and David Siegel
13F Portfolio Size: $40.2 billion
Top Stock Pick: Amazon.com Inc (AMZN)
7. Arrowstreet Capital
Founded By: Peter Rathjens, Bruce Clarke and John Campbell
13F Portfolio Size: $44.8 billion
Top Stock Pick: Mastercard Inc (MA)
6. Millenium Management
Founded By: Israel Englander
13F Portfolio Size: $66.5 billion
Top Stock Pick: Altaba Inc (AABA)
5. D E Shaw
Founded By: David E. Shaw
13F Portfolio Size: $80.2 billion
Top Stock Pick: Alibaba Group (BABA)
4. AQR Capital Management
Founded By: Cliff Asness
13F Portfolio Size: $89.6 billion
Top Stock Pick: Microsoft Corp (MSFT)
3. Renaissance Technologies
Founded By: Jim Simons
13F Portfolio Size: $113.6 billion
Top Stock Pick: Verisign Inc (VRSN)
2. Berkshire Hathaway
Managed By: Warren Buffett (yes, Berkshire is a secret hedge fund with no fees)
13F Portfolio Size: $208 billion
Top Stock Pick: Apple Inc (NASDAQ:AAPL)
Founded By: Ken Griffin
13F Portfolio Size: $218 billion
Top Stock Pick: Facebook Inc. (NASDAQ:FB)
This was our list of the 20 largest hedge funds in 2019 and their surprising top stock pick, we hope you enjoyed it!