Largest Hedge Funds by Portfolio Value — Q1 2026

Institutional investors ranked by total portfolio value reported in their latest 13F filing. This represents their US equity holdings as disclosed to the SEC.

#FundPortfolio ValueHoldings
1PZENA INVESTMENT MANAGEMENT LLC$22.8T158
2Retirement Systems of Alabama$9.4T945
3Ninety One UK Ltd$8.6T237
4USS Investment Management Ltd$8.4T507
5MATHER GROUP, LLC.$7.8T1871
6Merit Financial Group, LLC$6.7T2095
7EXCHANGE TRADED CONCEPTS, LLC$6.6T1508
8FORT WASHINGTON INVESTMENT ADVISORS INC /OH/$5.6T416
9Pure Financial Advisors, LLC$4.9T569
10RFG Advisory, LLC$4.3T1025
11Composition Wealth, LLC$4.2T878
12Boston Trust Walden Corp$3.8T386
13Gradient Investments LLC$3.8T417
14DEPRINCE RACE & ZOLLO INC$3.7T183
15Catterton Management Company, L.L.C.$3.6T3
16Capital Investment Advisors, LLC$3.5T690
17Wealthcare Advisory Partners LLC$3.2T1062
18KESTRA PRIVATE WEALTH SERVICES, LLC$3.2T1743
19GREENHAVEN ASSOCIATES INC$3.1T26
20Annex Advisory Services, LLC$3.0T371
21OPPENHEIMER ASSET MANAGEMENT INC.$2.9T1106
22Perpetual Ltd$2.8T422
23Orgel Wealth Management, LLC$2.8T95
24SIGNATUREFD, LLC$2.5T3388
25Millburn Ridgefield LLC /DE/$2.5T39
26Prospera Financial Services Inc$2.5T1404
27IFP Advisors, Inc$2.4T4937
28Plancorp, LLC$2.4T374
29Conestoga Capital Advisors, LLC$2.4T114
30Sumitomo Mitsui DS Asset Management Company, Ltd$2.3T768
31Cardinal Capital Management, Inc.$2.3T65
32REINHART PARTNERS, LLC.$2.3T70
33Employees Provident Fund Board$2.3T44
34Perigon Wealth Management, LLC$2.3T1279
35Richard Bernstein Advisors LLC$2.2T227
36SIGNATURE ESTATE & INVESTMENT ADVISORS LLC$2.2T640
37SigFig Wealth Management, LLC$2.2T138
38Avior Wealth Management, LLC$1.9T820
39Mesirow Financial Investment Management, Inc.$1.9T514
40WestEnd Advisors, LLC$1.8T390
41Dynamic Advisor Solutions LLC$1.7T952
42Diversified Trust Co$1.6T1028
43Ninety One SA (PTY) Ltd$1.6T96
44HENNESSY ADVISORS INC$1.5T277
45GRIMES & Co WEALTH MANAGEMENT, LLC$1.5T429
46Guinness Asset Management LTD$1.5T143
47Balentine LLC$1.3T215
48Acropolis Investment Management, LLC$1.3T381
49Sterling Capital Management LLC$1.3T3168
50Addenda Capital Inc.$1.3T127
51ALPINE ASSOCIATES MANAGEMENT INC.$1.2T70
52Hamlin Capital Management, LLC$1.2T30
53Sowell Financial Services LLC$1.2T1114
54Stairway Partners, LLC$1.2T18
55GATEWAY INVESTMENT ADVISERS LLC$1.2T683
56Charles Schwab Trust Co$1.1T164
57CWA Asset Management Group, LLC$1.1T642
58J.W. COLE ADVISORS, INC.$1.1T777
59WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST$1.1T21
60JFS WEALTH ADVISORS, LLC$1.1T1872
61SCHARF INVESTMENTS, LLC$1.1T70
62FARMERS & MERCHANTS INVESTMENTS INC$1.1T1751
63AEGON ASSET MANAGEMENT UK PLC$1.1T160
64TruWealth Advisors, LLC$1.1T181
65Lindsell Train Ltd$1.1T27
66Constellation Investments, Inc.$1.0T19
67Legacy Wealth Management, LLC$1.0T30
68Gemmer Asset Management LLC$979.9B172
69PHILLIPS FINANCIAL MANAGEMENT, LLC$954.7B281
70Fragasso Financial Advisors Inc$926.9B320
71AlphaStar Capital Management, LLC$919.7B236
72Alaska Permanent Capital Management, LLC$912.0B39
73FOUNDERS FINANCIAL SECURITIES LLC$910.9B493
74Kohmann Bosshard Financial Services, LLC$887.5B986
75McKinley Carter Wealth Services, Inc.$885.1B296
76First Heartland Consultants, Inc.$882.7B516
77Fisher Funds Management LTD$878.8B168
78ATWOOD & PALMER INC$820.3B527
79Oakworth Capital, Inc.$815.4B846
80NATIONS FINANCIAL GROUP INC, /IA/ /ADV$809.3B768
81ABSOLUTE INVESTMENT ADVISERS, LLC$805.9B113
82GHP Investment Advisors, Inc.$778.5B1424
83Moisand Fitzgerald Tamayo, LLC$760.6B508
84Welch Group, LLC$747.7B307
85COURIER CAPITAL LLC$729.1B384
86HENGEHOLD CAPITAL MANAGEMENT LLC$716.8B211
87Magnus Financial Group LLC$699.5B365
88North Star Investment Management Corp.$684.4B1685
89Tanglewood Wealth Management, Inc.$665.3B37
90Bouchey Financial Group Ltd$656.4B170
91Legacy Private Trust Co.$645.1B253
92Peterson Wealth Advisors, LLC$635.3B108
93Verus Financial Partners, Inc.$635.2B120
94GAMMA Investing LLC$625.0B4013
95Essex Financial Services, Inc.$619.1B786
96Inspire Investing, LLC$616.5B1098
97Waldron Private Wealth LLC$608.2B339
98Compass Ion Advisors, LLC$606.5B275
99BlueSky Wealth Advisors, LLC$605.2B115
100HOWLAND CAPITAL MANAGEMENT LLC$598.7B261

Data sourced from SEC 13F filings for Q1 2026. Filings are delayed up to 45 days after quarter end.

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Frequently Asked Questions

What is included in the portfolio value?

The portfolio value represents US equity holdings (stocks and options) reported in SEC Form 13F. It does not include bonds, foreign securities, or private investments.

How often is this data updated?

13F filings are due 45 days after each quarter end. Rankings are updated as new filings are processed.

What is a 13F filing?

SEC Form 13F is a quarterly report filed by institutional investment managers with over $100M in qualifying assets. It discloses their US equity holdings.