Invest Like Smart Money
Follow hedge funds and asset managers. Discover what they are buying and selling to make better investment decisions.
Most Popular Funds
Most popular institutions among investors on Capbase
GthenF
| Institution | Key People | Total AUM (Long) | Sector Weights |
|---|---|---|---|
 BERKSHIRE HATHAWAY INC Public Company | Warren E. Buffett CEO | $267.33B | |
 ARK Investment Management LLC ETF Provider | Catherine Duddy Wood CEO | $16.5B | |
 AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | David Gary Kabiller Founder | $156.17B | |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | Kenneth Cordele Griffin CEO | $122.08B | |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | Israel Alexander Englander CEO | $121.98B | |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | Scott David Hoffman CEO | $62.0B | |
 Pershing Square Capital Management, L.P. Hedge Fund•Activist | William Albert Ackman CEO | $14.6B | |
D Duquesne Family Office LLC Institution | - | $3.2B | |
S SOROS FUND MANAGEMENT LLC Institution | - | $4.3B | |
D D. E. Shaw & Co., Inc. Institution | - | $115.81B |
Most Bought vs Most Sold
Stocks with the largest net capital inflows and outflows from hedge funds
Most Bought
| Stock | Net Bought |
|---|---|
+$7.6B +15.2M shares | |
+$3.8B +11.6M shares | |
+$3.8B +11.0M shares | |
+$3.5B +13.7M shares | |
+$2.8B +6.4M shares |
Most Sold
| Stock | Net Sold |
|---|---|
−$4.2B −123.6K shares | |
−$3.8B −5.2M shares | |
−$2.8B −20.8M shares | |
−$2.4B −16.6M shares | |
−$1.9B −39.0M shares |
Sector Flows
Hedge fund sector allocation and activity from 2025-Q2 to 2025-Q3
| Sector | Allocation |
|---|---|
Technology | 24.27% $618.91B |
Healthcare | 12.01% $306.23B |
Consumer Cyclical | 11.99% $305.75B |
Financial Services | 11.53% $294.07B |
Industrials | 10.56% $269.28B |
Communication Services | 7.73% $197.04B |
Unknown | 7.26% $185.26B |
Consumer Defensive | 3.66% $93.4B |
Energy | 3.34% $85.3B |
Basic Materials | 2.99% $76.4B |
Utilities | 2.38% $60.7B |
Net Trading Flows by Industry
Industries with the largest net capital inflows and outflows from hedge funds
Most Bought Industries
| Industry | Net Bought |
|---|---|
Semiconductors Technology | +$10.7B |
Software - Infrastructure Technology | +$5.4B |
Banks - Regional Financial Services | +$3.7B |
Consumer Electronics Technology | +$3.5B |
Railroads Industrials | +$3.4B |
Most Sold Industries
| Industry | Net Sold |
|---|---|
Drug Manufacturers - Specialty & Generic Healthcare | −$4.4B |
Software - Application Technology | −$3.6B |
Medical - Diagnostics & Research Healthcare | −$3.6B |
Unknown Unknown | −$2.0B |
Gold Basic Materials | −$1.7B |
Most Concentrated Bets
Hedge funds with the largest ownership stakes in individual companies
| Stock | Institution | Ownership |
|---|---|---|
 ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy | 94.3% $15.2M | |
 Mudrick Capital Management, L.P. Hedge Fund•Distressed | 76.3% $107.2M | |
 Polar Securities Inc. Hedge Fund•Multi-Strategy | 75.4% $12.1M | |
 CARLSON CAPITAL L P Hedge Fund•Multi-Strategy | 69.9% $123.6M | |
C Coliseum Capital Management, LLC Hedge Fund•Distressed | 68.3% $5.3M | |
 Standard General L.P. Hedge Fund•Multi-Strategy | 67.9% $370.3M | |
 Elliott Investment Management L.P. Hedge Fund•Multi-Strategy | 64.8% $3.9B | |
 PERCEPTIVE ADVISORS LLC Hedge Fund•Long/Short | 64.2% $19.2M | |
 Starboard Value LP Hedge Fund•Activist | 63.4% $198.7M | |
 Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | 62.8% $9.3M |
Explore Hedge Funds by Strategy
Browse hedge funds filtered by investment strategy
| Institution | Key People | Total AUM (Long) | Sector Weights |
|---|---|---|---|
 CANTILLON CAPITAL MANAGEMENT LLC Hedge Fund•Value | William Alexander Vonmueffling CEO | $18.2B | |
G GARDNER RUSSO & GARDNER Hedge Fund•Value | Thomas Adrian Russo Chairman | $6.8B | |
 ABRAMS CAPITAL MANAGEMENT, L.P. Hedge Fund•Value | Travis Matthew Rhodes President | $6.7B | |
A ALTAROCK PARTNERS LLC Hedge Fund•Value | Mark Thomas Massey Founder | $5.5B | |
M MFN Partners Management, LP Hedge Fund•Value | Farhad Nanji Founder | $5.0B | |
B BlueSpruce Investments, LP Hedge Fund•Value | Timothy Marc Hurd President | $4.4B | |
L LOCUST WOOD CAPITAL ADVISERS, LLC Hedge Fund•Value | Stephen John Errico CIO | $3.7B | |
 Focused Investors LLC Hedge Fund•Value | Nugroho (Nmn) Soeharto Managing Partner | $3.3B | |
 Himalaya Capital Management LLC Hedge Fund•Value | Lu (Nmn) Li Chairman | $3.2B | |
FOCUSED INVESTORS FUND L P Hedge Fund•Value | Nugroho (Nmn) Soeharto Managing Partner | $3.2B |
Explore Sector Focused Hedge Funds
Browse hedge funds filtered by sector allocation
| Institution | Key People | Total AUM (Long) | Sector Weights |
|---|---|---|---|
H H&H International Investment, LLC Hedge Fund•Long/Short | Yong Duan Owner | $14.7B | |
 Stockbridge Partners LLC Hedge Fund•Long/Short | Ross Marshall Jones Managing Partner | $5.2B | |
 SurgoCap Partners LP Hedge Fund•Long/Short | Mala Gopal Gaonkar CIO | $3.5B | |
V Voyager Global Management LP Hedge Fund•Long/Short | Grant Nolan Sui CIO | $3.4B | |
 DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value | Mina Fahmy Iskander CFO | $3.0B | |
R Route One Investment Company, L.P. Hedge Fund•Multi-Strategy | Weiyi Huang CFO | $2.5B | |
 RGM Capital, LLC Hedge Fund•Value | Robert Glyn Moses Managing Partner | $2.4B | |
S Situational Awareness LP Hedge Fund•Sector | Leopold Nmn Aschenbrenner CIO | $2.1B | |
 40 North Management LLC Hedge Fund•Multi-Strategy | Tunde Jain Reddy CFO | $2.0B | |
S SOMA EQUITY PARTNERS LP Hedge Fund•Long/Short | Gil Nmn Simon CIO | $2.0B |
International Investments by Country
Top countries where hedge funds invest outside the United States
| Country | Total AUM |
|---|---|
 | $70.7B |
 | $43.1B |
 | $25.3B |
 | $21.0B |
 | $19.2B |
 | $16.4B |
 | $13.3B |
 | $9.2B |
 | $8.0B |
| Other 44 countries | $45.2B |
Total International AUM: $271.48B
Hedge Fund Headquarters by State
Where US hedge funds are headquartered and their long AUM
- Top State
- New York
- $1.19T (44.43%)
- States with Hedge Funds
- 40
- 1,267 total hedge funds
- Total US Hedge Fund AUM
- $2.69T
- Across all states
- Top 3 States
- 69.96%
- NY, CT, MA
Fund Spotlight
Discover a featured institution and their top holdings
Candlestick Capital Management LP
Hedge Fund • Long/Short
Portfolio ManagerCraig Markham Bench
- Portfolio Value
- $2.6B
- Positions
- 39
- Last Reported
- Q3 2025
Sector Allocation
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Airlines, Airports & Air Services Industrials | $216.1M | 8.39% | |
Luxury Goods Consumer Cyclical | $147.8M | 5.74% | |
Airlines, Airports & Air Services Industrials | $128.5M | 4.99% |
