Where to find a Hedge Fund's AUM
Is there any information they are required to publicly disclose where I can find this?
Follow up: if a hedge fund doesn't list its AUM can you assume it is small?
Is there any information they are required to publicly disclose where I can find this?
Follow up: if a hedge fund doesn't list its AUM can you assume it is small?
+58 | Do you regret going into public markets investing? | 30 | 3h | |
+46 | Alta Fox - How did Connor Haley do it? | 24 | 1d | |
+37 | RIP Jim Simons | 28 | 10h | |
+23 | Is Quasi-MNPI The Ultimate Alpha Generator For Public Equities? | 8 | 1d | |
+23 | Advice ahead of a pair trade presentation - HF interview | 7 | 14h | |
+22 | Point 72 let go of seven long-short managers !! | 26 | 17h | |
+21 | Why are so many people here interested in Biotech? | 23 | 59m | |
+18 | UPenn SEAS vs Cornell Engineering | 8 | 4d | |
+17 | SM Career Trajectory | 5 | 6d | |
+16 | PMs: move across platforms, latest terms | 15 | 5d |
Career Resources
13F filings via SEC / Edgar help for funds with US holdings that are greater than $xm AUM. Not sure about funds that don’t fit that criteria outside of company websites.
Hope this helps - discovering the 13F helped me!
Worth noting though that it only applies to US holdings whereas many funds will have significant AUM outside the US.
Really the only way to know is to have the fund tell you.
Source: Previously had a job where one of my tasks was to collect HF AUM data.
The 13F-HR is a good place to start, but be forewarned that it pretty much only applies to anything that has a CUSIP attached to it (source: I've shoved through so many 13's on deadline days that I've broken EDGAR numerous times). So certain private placements, syndications, lending deals, real esate holdings, insurance holdings, etc won't be reported on there. You also have to be managing over $100mm and marked as an institutional investment advisor to be required to file one too. They do have to report outside US holdings unless they're sheltered under a feeder structure and therefore an actual separate international entity. Conversely, foreign managers have to file 13's if they manage over $100mm, but only on their US holdings. A UK fund wouldn't have to report their own LSE holdings, but if the total value of the fund is over $100mm they'd still have to report on the "mere" $10mm in US investments they hold. Oh, and each fund has to file their own separate 13 too. So have fun aggregating all those filings to try and figure out any real AUM of a MM fund.
Outside of the SEC filing, hitting up their IR or fundraiser as mentioned is the best way to get more correct numbers. Just be careful though, because it ain't a huge pond and if you get caught snooping on a fund for less than upstanding purposes, the word will get passed around to others.
You can check out whalewhisdom. They have a section where AUM of the funds are given
Site called aum13f, just pulls SEC filings and makes it easier to just search and get aum numbers at a glance. I use it all the time. Intermittently down but super useful when it is up. There's a daily cap of like 5 funds or something for free but I've never hit it.
You also have to consider their leverage profile, as 13Fs won't state that.
Search for SEC ADV, type in firm name, open latest filing, and scroll down to Discretionary AUM. If they are SEC-registered (need to be take pension/endowment money), they will have a public filing
Source: work at a fund
Praesentium maxime voluptate molestias. Nihil sunt quia amet ad et. Accusamus soluta sequi et eos dolor ducimus expedita eos. Quo nulla perferendis dolore vel tempora sint. Voluptates omnis accusamus rerum qui rerum occaecati eaque doloribus. Tenetur doloremque voluptate illum expedita consequatur aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...