Hedge Funds Flex Their Rich Guy Muscles, Beat S&P While Everyone Else Sweats
Photo by engin akyurt on Unsplash
KEY POINTS
- â˘Michael Gelband's ExodusPoint reported its best year ever in 2025, finishing up 18% with a 2.1% December boost.
- â˘Dmitry Balyasny's $31 billion firm earned 16.7%, while D.E. Shawâs Composite fund increased 18.5%, both topping the market index.
- â˘Larger players like Millennium made a smaller 10.5% gain despite $83.5 billion under management amid heated geopolitical tensions.
In the cash aquarium of 2025, hedge funds swam against the geopolitical current like the Michael Phelps of money. ExodusPoint, launched in 2018 as Wall Street's prom queen, strutted to an 18% annual glow-up, finishing strong with a 2.1% December encore. Dmitry Balyasnyâs $31 billion juggernaut bounced back with a 16.7% flex, while D.E. Shawâs Composite fund blazed ahead at 18.5%. Even Boothbay and AQRâs $6.8 billion Apex joined the mid-teens party, all outpacing the S&P 500âs humble 16.4%. Meanwhile, Millenniumâs $83.5 billion giant trundled up with a modest 10.5%, proving size isnât everything when the robo-tariff dragons bite.
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(1 of 3)Source: Businessinsider | Published: 1/2/2026 | Author: Bradley Saacks
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