Study: Hedge Funds by City
Hedge Funds in Dallas
Last updated November 9, 2026
SEC Form ADV, filings through Oct 1, 2026. Dallas ranks number 8 of the eight cities by the number of managers.
- New York603$4.26TN
- San Francisco72$207.0BN
- Miami111$1.39TN
- Chicago67$411.5BN
- Dallas53$98.6BN
- Boston88$522.4BN
- Los Angeles66$89.1BN
- Connecticut137$1.13TN
SEC Form ADV, filings through Oct 1, 2026. Counted on each city's page.
The 50 largest hedge funds in Dallas
Ranked by private fund gross assets as filed on Form ADV. Each name opens the firm's SEC record. A firm that files through more than one adviser is one row, carried by its larger filing; the others are named under it with their own figures and never added.
| Rank | Firm | Private fund gross assets | Regulatory AUM | Main office | Hedge funds | Form ADV filed |
|---|---|---|---|---|---|---|
| 1 | HBK Capital Management | $32.8BN | $35.6BN | Dallas, TX | 3 of 4 | Jun 2026 |
| 2 | Maverick Capital | $14.9BN | $15.8BN | Dallas, TX | 10 of 18 | Aug 2026 |
| 3 | Crow Holdings Capital | $11.8BN | $14.4BN | Dallas, TX | 28 of 28 | May 2026 |
| 4 | Summittx Capital | $10.1BN | $10.1BN | Fort Worth, TX | 3 of 3 | Aug 2026 |
| 5 | Merewether Investment Management | $5.9BN | $6.9BN | Dallas, TX | 4 of 4 | Jun 2026 |
| 6 | Anson Funds Management | $3.0BN | $3.0BN | Dallas, TX | 6 of 6 | Mar 2026 |
| 7 | Condire Management | $2.6BN | $1.9BN | Dallas, TX | 5 of 5 | Mar 2026 |
| 8 | Permian | $1.8BN | $2.4BN | Dallas, TX | 4 of 4 | Mar 2026 |
| 9 | Greenbrier Partners Capital Management | $1.5BN | $1.5BN | Dallas, TX | 1 of 1 | Mar 2026 |
| 10 | Twin Tree Management | $1.5BN | $1.5BN | Dallas, TX | 1 of 1 | Mar 2026 |
| 11 | Hudson Way Capital Management | $1.4BN | $1.4BN | Dallas, TX | 4 of 4 | Mar 2026 |
| 12 | Duration Asset Management | $1.4BN | $1.6BN | Dallas, TX | 1 of 1 | Mar 2026 |
| 13 | Avidity Partners Management | $1.1BN | $1.1BN | Dallas, TX | 3 of 3 | Mar 2026 |
| 14 | Alta Fox Capital Management | $821MM | $821MM | Fort Worth, TX | 1 of 2 | Mar 2026 |
| 15 | Nokomis Capital | $637MM | $804MM | Dallas, TX | 1 of 1 | Mar 2026 |
| 16 | Webs Creek Capital Management | $618MM | $1.3BN | Dallas, TX | 1 of 2 | Apr 2026 |
| 17 | Ikarian Capital | $564MM | $698MM | Dallas, TX | 1 of 1 | May 2026 |
| 18 | Sabrepoint Capital Management | $500MM | $500MM | Dallas, TX | 1 of 1 | Mar 2026 |
| 19 | Proem Advisors | $474MM | $474MM | Dallas, TX | 3 of 3 | Mar 2026 |
| 20 | Slotnik Capital | $416MM | $416MM | Dallas, TX | 1 of 1 | Mar 2026 |
| 21 | Regan Capital | $399MM | $3.6BN | Dallas, TX | 3 of 3 | Mar 2026 |
| 22 | Robertson Opportunity Capital | $371MM | $359MM | Dallas, TX | 2 of 2 | Mar 2026 |
| 23 | Goodlander Investment Management | $312MM | $660MM | Dallas, TX | 1 of 1 | Jul 2026 |
| 24 | BWCP | $288MM | $1.2BN | Dallas, TX | 1 of 1 | Mar 2026 |
| 25 | Prosight Capital | $278MM | $1.0BN | Dallas, TX | 2 of 2 | Mar 2026 |
| 26 | Johkim Capital Partners Management | $277MM | $277MM | Dallas, TX | 1 of 1 | Mar 2026 |
| 27 | 3B Capital Management | $246MM | $246MM | Dallas, TX | 3 of 3 | Mar 2026 |
| 28 | 9823 Capital | $225MM | $677MM | Dallas, TX | 4 of 4 | Jul 2026 |
| 29 | Sagefield Investment Group | $216MM | $2.2BN | Dallas, TX | 2 of 2 | Mar 2026 |
| 30 | Carlson Capital | $181MM | $530MM | Dallas, TX | 11 of 11 | Aug 2026 |
| 31 | River Canyon Fund Management | $152MM | $2.1BN | Dallas, TX | 1 of 1 | Mar 2026 |
| 32 | AWH Capital | $148MM | $148MM | Dallas, TX | 1 of 1 | Mar 2026 |
| 33 | Veradace Capital Management | $144MM | None filed | Dallas, TX | 1 of 1 | Apr 2026 |
| 34 | Wallace Capital Management | $143MM | $1.5BN | Dallas, TX | 1 of 1 | Mar 2026 |
| 35 | Palogic Value Management | $142MM | $406MM | Dallas, TX | 3 of 3 | Jun 2026 |
| 36 | Double Eagle Capital Management | $133MM | $133MM | Southlake, TX | 2 of 2 | Mar 2026 |
| 37 | REB Capital Management | $132MM | $224MM | Dallas, TX | 1 of 1 | May 2026 |
| 38 | White Rock Capital | $131MM | $217MM | Dallas, TX | 2 of 2 | Mar 2026 |
| 39 | Blueheel | $129MM | $192MM | Dallas, TX | 2 of 2 | Oct 2026 |
| 40 | Explore Capital Management | $126MM | None filed | Dallas, TX | 2 of 2 | Mar 2026 |
| 41 | Braeside Investments | $118MM | $139MM | Dallas, TX | 2 of 2 | Mar 2026 |
| 42 | N2 Capital Management | $91MM | None filed | Dallas, TX | 1 of 1 | Mar 2026 |
| 43 | Roaring Blue Lion Capital Management | $71MM | None filed | Dallas, TX | 1 of 1 | Feb 2026 |
| 44 | Meridiem Capital Partners | $51MM | $2.2BN | Dallas, TX | 1 of 1 | Jul 2026 |
| 45 | Kicking Horse Investment Management | $43MM | None filed | Plano, TX | 1 of 1 | Mar 2026 |
| 46 | Inverdale Capital Management | $41MM | None filed | Dallas, TX | 1 of 1 | Mar 2026 |
| 47 | Swiss Select Advisors | $37MM | None filed | Dallas, TX | 1 of 1 | Mar 2026 |
| 48 | NXG Investment Management | $29MM | $1.8BN | Dallas, TX | 1 of 1 | Aug 2026 |
| 49 | Hayman Capital Management | $27MM | None filed | Dallas, TX | 1 of 1 | Mar 2026 |
| 50 | 272 Capital | $23MM | None filed | Dallas, TX | 1 of 1 | Mar 2026 |
Hedge funds by city: the eight places compared
Each place counts the managers whose Form ADV main office is there. Select a city to open its page.
- Hedge funds in New York$4.26TN filed603
- Hedge funds in Connecticut$1.13TN filed137
- Hedge funds in Miami$1.39TN filed111
- Hedge funds in Boston$522.4BN filed88
- Hedge funds in San Francisco$207.0BN filed72
- Hedge funds in Chicago$411.5BN filed67
- Hedge funds in Los Angeles$89.1BN filed66
- Hedge funds in Dallas$98.6BN filed53
Where in Dallas the managers are
The towns of the main offices, as filed. The area is the Dallas and Fort Worth metro area (Dallas-Fort Worth-Arlington, TX, Census CBSA 19100).
- Dallas49
- Fort Worth2
- Plano1
- Southlake1
Of the 53 managers in Dallas.
Managers by size
Private fund gross assets as filed. Most managers are small; a few hold most of the assets.
- $10BN and up4 ($69.7BN)
- $1BN to $10BN9 ($20.2BN)
- $100MM to $1BN28 ($8.3BN)
- Under $100MM12 ($436MM)
Of the 53 managers in Dallas; 10 of them are exempt reporting advisers, which file Form ADV without registering.
How this research is used
These listsRaise CapitalMap the Market
Raise Capital
For managers raising a fund: we find the investors who can write your check, and get you in the room with them.
Map the Market
A market map of the managers in one strategy or one place, with a short list.
How this study is made
- Who counts. A hedge fund manager here is an adviser whose private funds are half or more hedge funds by its own Form ADV (Schedule D), with its main office in the Dallas and Fort Worth metro area (Dallas-Fort Worth-Arlington, TX, Census CBSA 19100). An exempt reporting adviser counts only when its filing lists a website.
- How they are ranked. By the private fund gross assets each manager files; regulatory AUM is shown and does not set the rank. Figures are as filed, with the month of the filing.
- One kind per firm. A firm our other lists or rankings already place as another kind of investor is not counted here. Left out: 10 whose kind on our lists or rankings is another kind (4 credit managers, 2 other businesses, 1 family office, 1 private equity firm, 1 real estate manager and 1 wealth manager).
- One business, one row. Advisers of one business (the same website or company page on Form ADV, a name their own site carries in one town, or a pair we read by hand) are one row, carried by the larger filing and its figure, never added, and shown once, in the place of that filing.
- Names. Firm names only, as the firm trades; no person, contact or street address is shown.
The rows are free to use with credit under CC BY 4.0. Download the rows as CSV.
Cite as: Praxis Rock Advisors, "Hedge Funds in Dallas," updated November 9, 2026, praxisrock.com/insights/hedge-funds-dallas.
| Figure | Source | Period, read |
|---|---|---|
| Firms, main offices, regulatory AUM, private fund gross assets, fund counts by type, filing dates | SEC Form ADV monthly file, registered advisers | Filings through Oct 1, 2026; read Oct 31, 2026 |
| The same fields for exempt reporting advisers | SEC Form ADV monthly file, exempt reporting advisers | Filings through Oct 1, 2026; read Oct 31, 2026 |
| Each row's filing | SEC Investment Adviser Public Disclosure, linked on each row | As filed |
| The kind of each firm (one kind per firm across our lists) | Our lists, rankings and the firm reads behind them, and each firm's own site where we read it | As read by Nov 9, 2026 |
| The place of each main office | HUD ZIP code to county file and the Census metro area definitions (July 2023) | As our place lists use them |
Frequently Asked Questions
How many hedge funds are in Dallas?
53 hedge fund managers with a main office in the Dallas and Fort Worth metro area file Form ADV with the SEC and run private funds that are half or more hedge funds (SEC monthly adviser files, filings through October 1, 2026). Together they report $98.6BN of private fund gross assets. Managers that file only with a state, and offices of managers based elsewhere, are not in this count.
What is the largest hedge fund in Dallas?
HBK Capital Management, with $32.8BN of private fund gross assets on its Form ADV filed Jun 2026. The next largest are Maverick Capital ($14.9BN) and Crow Holdings Capital ($11.8BN).
How are the hedge funds on this list ranked?
By the private fund gross assets each manager reports on Form ADV (Schedule D). Gross assets count what the funds borrow, so they run above the money investors put in. Regulatory AUM is shown beside it and does not set the rank.