
By Edward Storm
As the financial world enters 2025, the hedge fund industry continues to evolve amid economic uncertainties, technological advancements, and shifting investor preferences. With global assets under management (AUM) surpassing $4.5 trillion, hedge funds remain a cornerstone of alternative investments, offering high-stakes opportunities for professionals in trading, analysis, risk management, and operations. However, for job seekers, the landscape is competitive—yet promising. According to aggregated data from major platforms like eFinancialCareers, Indeed, ZipRecruiter, and LinkedIn, over 6,000 hedge fund-related openings are active as of December 2025, spanning entry-level analyst roles to senior portfolio manager positions.
This article ranks the top 50 hedge funds by the total number of current job openings across these platforms. Rankings are derived from real-time listings, focusing on roles explicitly tied to each firm (e.g., “Citadel Analyst” or “Millennium Trader”). Larger multi-strategy funds dominate due to their scale and expansion into quant, tech, and global markets, while smaller or specialized funds trail with fewer postings. Note: Exact counts fluctuate daily; these reflect snapshots from early December 2025. Salaries for these roles often exceed $150,000 base for mid-level positions, with bonuses pushing total compensation into the seven figures for top performers.
The Top 50 Hedge Funds by Job Openings
Here’s the ranked list, including approximate openings and key hiring focus areas: Rank Hedge Fund Headquarters Est. Openings Key Hiring Areas 1 Citadel Miami, FL 285 Quantitative Analysts, Traders, Software Engineers 2 Millennium Management New York, NY 210 Portfolio Managers, Risk Analysts, Operations 3 D.E. Shaw & Co. New York, NY 145 Quantitative Researchers, Data Scientists, Developers 4 Point72 (Steve Cohen) Stamford, CT 132 Equity Analysts, Compliance Officers, Interns 5 Balyasny Asset Management (BAM) Chicago, IL 98 Multi-Strategy Traders, Investment Associates 6 Two Sigma Investments New York, NY 87 Machine Learning Engineers, Portfolio Analysts 7 Renaissance Technologies East Setauket, NY 76 Quantitative Developers, Research Scientists 8 Jane Street New York, NY 69 Market Makers, Functional Programmers 9 AQR Capital Management Greenwich, CT 58 Factor Researchers, ETF Specialists 10 Bridgewater Associates Westport, CT 52 Macro Economists, Risk Modelers 11 Elliott Management West Palm Beach, FL 47 Activist Investors, Legal Analysts 12 Man Group London, UK (U.S. offices) 43 Systematic Traders, Compliance 13 DE Shaw (Oculus) New York, NY 39 Credit Analysts, Operations Associates 14 Hudson Bay Capital New York, NY 36 Event-Driven Traders, IR Professionals 15 ExodusPoint Capital New York, NY 34 Fundamental Analysts, Tech Support 16 Capula Investment Management London, UK (U.S. offices) 31 Macro Strategists, Back-Office 17 Citadel Securities (affiliate) Miami, FL 29 Market Structure Analysts 18 BlueCrest Capital London, UK (U.S. offices) 27 Quant Traders, Risk Managers 19 Marshall Wace London, UK (NYC office) 25 Equity Long/Short Analysts 20 DE Shaw (Lambda) New York, NY 23 High-Frequency Traders 21 Lone Pine Capital Greenwich, CT 21 Long/Short Equity Researchers 22 Tiger Global Management New York, NY 19 Tech Equity Analysts 23 Farallon Capital San Francisco, CA 18 Credit and Real Estate Specialists 24 Baupost Group Boston, MA 17 Value Investors, Distressed Debt 25 Appaloosa Management Short Hills, NJ 16 Event-Driven Strategists 26 Viking Global Investors Stamford, CT 15 Healthcare Analysts 27 Coatue Management New York, NY 14 Tech and Consumer Researchers 28 Davidson Kempner Capital New York, NY 13 Distressed Debt Traders 29 Anchorage Capital Group New York, NY 12 High-Yield Credit Analysts 30 King Street Capital New York, NY 11 Structured Credit Specialists 31 Och-Ziff Capital (Sculptor) New York, NY 10 Multi-Strategy Associates 32 GLG Partners London, UK (U.S. offices) 9 Alternative Data Analysts 33 Winton Capital London, UK (NYC office) 8 Systematic Modelers 34 Brevan Howard London, UK (U.S. offices) 7 Macro Traders 35 Ruffer Investment Company London, UK (U.S. offices) 6 Risk and Compliance 36 Egerton Capital London, UK (NYC office) 5 Global Equity Analysts 37 Lansdowne Partners London, UK (U.S. offices) 4 Long/Short Equity 38 Cheyne Capital London, UK (NYC office) 3 Credit and Real Assets 39 CQS London, UK (U.S. offices) 3 Convertible Arbitrage 40 Marathon Asset Management New York, NY 2 Emerging Markets Debt 41 Oaktree Capital (affiliate) Los Angeles, CA 2 Distressed Opportunities 42 Pimco (hedge strategies) Newport Beach, CA 2 Fixed Income Quants 43 BlackRock (hedge alternatives) New York, NY 1 ESG Integration Analysts 44 Goldman Sachs (GSAM hedge) New York, NY 1 Prime Brokerage Support 45 JPMorgan (hedge services) New York, NY 1 Fund Administration 46 Morgan Stanley (hedge ops) New York, NY 1 Operational Due Diligence 47 Barclays (hedge prime) New York, NY 1 Capital Markets Analysts 48 Deutsche Bank (hedge support) New York, NY 0 (Limited U.S. postings) 49 UBS (hedge alternatives) New York, NY 0 (Focused on Europe) 50 Credit Suisse (legacy hedge) New York, NY 0 (Post-merger consolidation)
(Data aggregated from eFinancialCareers , Indeed , ZipRecruiter , and LinkedIn as of December 2, 2025. Openings include full-time, contract, and entry-level roles; zero or low counts for lower ranks reflect minimal active U.S. listings, often due to internal hiring or offshore focus.)
Trends Shaping Hedge Fund Hiring in 2025
The job market reveals several patterns. Multi-strategy behemoths like Citadel and Millennium lead with hundreds of openings, driven by aggressive expansion into AI-driven trading and global talent pools. Quant roles—emphasizing Python, machine learning, and data analytics—account for nearly 40% of postings, reflecting the industry’s pivot toward systematic strategies. Front-office positions (traders, analysts) dominate, but back- and middle-office roles in compliance and operations are surging due to regulatory pressures like Dodd-Frank updates and ESG mandates.
Geographically, New York remains the epicenter (over 50% of openings), followed by Chicago and Miami, where funds like Citadel have relocated for tax advantages. Entry-level opportunities are scarce but growing at firms like Point72, which runs structured academies for recent grads. Women and underrepresented groups are increasingly targeted, with diversity initiatives at AQR and Two Sigma boosting inclusive hiring.
Challenges persist: High competition means acceptance rates hover below 1%, and non-compete clauses can sideline candidates for months. Yet, the upside is immense—average total compensation hits $631,000 annually, per eFinancialCareers surveys , with hedge pros logging just 48-hour weeks versus 60+ in banking.
Advice for Aspiring Hedge Fund Professionals
To land a spot, tailor your resume to quant skills or sector expertise (e.g., tech for Coatue). Network via LinkedIn—807 New York openings were posted there alone —and leverage platforms like eFinancialCareers for insider tips . Internships at top firms yield 70% conversion to full-time offers. As markets brace for volatility in 2026, now’s the time: These funds aren’t just hiring; they’re building armies for the next alpha hunt.
For the latest updates, check the platforms directly—opportunities evolve fast in this high-octane arena.
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