Quant Firms - who's the best ?

Bottomline: no good deed goes unpunished.

 

Yeah, they're significantly overstepping there. Guy can donate his money wherever he wants, there's no social justice requirement to donations. They could have gotten a lot more bees with honey than vinegar on that one with some private conversations, at this point he's probably pretty much thinking "fuck em".

 

I would be....most definitely.

 

There is a difference between best and biggest. The best places are the firms you have probably never heard of before. There are plenty of investment managers with > 500m that are quant focused and typically have much better performance overall than the companies originally listed. Keep in mind that only a small sample of internal funds within each of the companies listed (like the medallion fund at RenTec) have really good returns, not necessarily the entire company.

If you are looking for largest, then you left out all of Boston. Wellington, Geode Capital, Quantlab, Bracebridge, P/E Investments, Adage, PanAgora, Acadian, etc. All have a quant focus.

 

Thanks for adding to my original list. It would be great to have the AUM for each of these firms.....and better yet, the quant portion of the total AUM.

 

Wellington (Asset Manager) - AUM: $1 trillion | Quant portion: don't know, but the quant group is very prestigious among quants
Geode Capital (Asset Manager / Hedge Fund) - AUM: $400 billion | Quant portion: all of it. It was basically Fidelity's quant arm and spun out independently in 2003. Now Fidelity has its own quants as well
Quantlab (HFT) - AUM: $250 million, but it is a HFT firm | Quant portion: all of it
Bracebridge (Hedge Fund) - $26 billion | Quant portion. all of it
P/E Investments (Hedge Fund) - AUM: N/A | Quant portion. all of it
Adage (Hedge Fund) - AUM: $42 billion | Quant portion. all of it
PanAgora (Asset manager) - AUM: $45 billion | Quant portion. all of it
Acadian (Asset Manager) - AUM: $85 billion | Quant portion. all (or most) of it

The AUM info is coming from either the company website or a 13-F filing. The quant portion is coming from personal experience or friends that work at these places

 

Thanks much for that Atomated.....Geode is quite large....very impressive.

 

the reported rentec that you can put money in is irrelevant. these firms are not very similar. the biggest and the best in absolute profit not return. the best you very likely have heard of otherwise they wouldnt be the best. aquarians you need to stop thinking in this googler like coding is for dummies. do you want to be a rockstar i.e. write low level execution code or just change the colour of the risk viewer?