Hohn, 53, topped the rankings after his TCI Fund Management gained 41%. The London-based activist was lifted by concentrated bets on stocks, including Alphabet Inc., Microsoft Corp. and Canadian rail companies.
Griffin, 51, made $1.5 billion through his multistrategy funds. That doesn’t even take into account his market-making operation, Citadel Securities, which generates billions more in revenue.
Simons, 81, features prominently on the list even though he retired from Renaissance Technologies a decade ago. His ownership stake in the firm, which now manages $75 billion -- plus his investment in the secretive Medallion Fund -- almost guarantees that he’ll continue to be among the highest-paid managers for years to come.
Bridgewater Associates founder Ray Dalio collected $480 million, down from $1.3 billion in 2018, after his flagship fund Pure Alpha II lost money for the first time in two decades. Dalio's All Weather strategy fared better, gaining almost 17% last year, while he continues to have a sizable ownership interest in the $160 billion Connecticut-based firm.
The list excludes those who no longer manage external capital, such as Michael Platt and Stanley Druckenmiller, but is notable for featuring so many Tiger Management alumni.
These are the so-called Tiger Cubs, who worked for legendary investor Julian Robertson, and Tiger grandcubs. Lone Pine’s Stephen Mandel and Tiger Global’s Coleman each gained more than 30% in their main funds. Andreas Halvorsen of Viking Global returned 18%. His former chief investment officer, Dan Sundheim, returned 22% at his relatively new firm D1 Capital Partners.
“They all had good years because they tend to be net long,” Alaska’s Frampton said of the Tiger complex.
This story provided by Bloomberg News.