In 2021, investors in hedge funds focused on stocks saw a return of about 12.3%. According to LCH Investments, the top 20 hedge funds earned a total of $65 billion for their clients in 2021. Hedge fund returns for 2021 are “the highest ever,” surpassing the record gains of 2020, according to a new report. eBay Inc., Netflix, and The Walt Disney Company were among the best-performing hedge funds’ top holdings in 2021.
Here is Insider Monkey’s list of the 10 best performing hedge funds of 2021. New York-based Millennium Management specializes in managing investments. Israel Englander, a billionaire investor and philanthropist, is the group’s chairman. In the year 2021, Millennium Management made a profit of approximately $6.4 billion. Ryan Tolkin heads Schonfeld Strategic Advisors, a hedge fund. Assets under management totaled over $9 billion by September 2021. Schonfeld has generated over 14% annual returns in the five years since it first opened its doors to outside investors. Located in New York City, D1 Capital Partners is an investment firm. He has a personal fortune in excess of $2.5 billion. During the GameStop short squeeze, the fund lost roughly $4 billion, or nearly 20% of its capital. Pershing Square is a New York-based hedge fund. One of the wealthiest investors in the United States, Bill Ackman, heads the firm. In December, the fund gained more than 5.7 percent and finished the year with a gain of nearly 27 percent. Heard Capital is a Chicago-based investment firm. In total, it has $515 million in assets under management. At the end of the third quarter of 2021, 44 hedge funds in Insider Monkey’s database owned $1 billion in BlackRock, Inc. stakes. For more details, click the 10 Best Performing Hedge Funds Of 2021.