Manager Performance Rankings

1-Barclay LogoCTA Intelligence’s performance tables present a monthly snapshot of the investment returns of the managed futures universe.

The rankings are based on returns self-reported by CTAs and hedge funds with more than $1m in assets, encompassing managed accounts, offshore funds, Ucits and ’40 Act vehicles.

The rankings are compiled by CTA Intelligence using data from BarclayHedge, Morningstar and LuxHedge. Some returns are latest estimates at time of publication and may be subject to revision.

The figures published here are for information purposes only and are not to be construed as investment advice. Publication does not constitute an offer or solicitation to buy any program or fund. Past performance is not indicative of future returns.
To include a program in the listings please contact performance@ctaintelligence.com or list at www.barclayhedge.com.

Top performers in September

 NameReturns
Top overall CTADighton (Global Macro)18.9%
Top Over $250m CTAP/E Investments (FX Aggressive)11.3%
Top $50m-$250m CTADighton (Global Macro)18.9%
Top Under $50m CTABear Commodities (Level II)17.6%
Top US Mutual FundEquinox IPM Systematic Macro6.1%
Top Ucits FundBoersenampel Fonds Global2.9%

Top 20 CTAs of 2016

ProgramOct 2016. Return (%)YTD Return (%)2015 Return (%)AUM $m
PacificFront Capital (Futures)9.2101.6N/A2.9
24FX Global Advisors1.269.027.889.9
SandPointe (US Volatility)-0.850.6N/A20.3
Alpha Z (Futures Fund)2.650.3108.66.3
Hartswell Capital Mgmt (MP-1)0.237.991.98.0
Quantitative Invest. Mgmt (Gl. 3X)-3.831.572.2251.9
First Quadrant (TCA L/S USD 20%)5.825.0-12.2222.0
Blue Bar Futures Trading Mgmt0.324.3-2.01.7
LJM Partners (Aggr. Premium Writing)2.724.027.056.0
Blue Diamond (Non-Directional)2.423.217.7376.0
Amplitude Capital (Klassik)-3.423.2-18.9897.5
Martin Fund Mgmt (Martin Fund)-4.822.727.89.5
Dreiss Research Corp.-4.122.25.29.3
Progressive (Edelweiss A)1.021.88.439.7
Tom Capital (Growth Fund)0.220.0N/A65.0
White River Group (Dynamic)2.618.22.213.0
van Essen, Emil (Spread Trading Ltd)1.317.813.641.0
LJM Partners (LJM Fund LP)2.117.720.4173.0
IPM Systematic Currency (A)0.217.12.6149.0
GalNet Asset Mgmt (Alpha Fund)6.016.89.670.9

Top 40 Largest CTAs – 1 month

ProgramOct 2016. Return (%)YTD Return (%)AUM $m
P/E Investments (FX Aggressive)11.3-9.94400.0
H2O AM LLP (Force 10 USD)8.3-6.011000.0
IPM Systematic Macro7.614.93234.0
P/E Investments (FX Standard)7.5-6.44400.0
Greenwave Capital (Flagship+ 2X)5.02.9368.0
P/E Investments (FX Conservative)3.7-2.94400.0
Florin Court Capital Fund3.55.3650.0
Splendor Capital (Credence Global)2.610.6272.5
Blue Diamond (Non-Directional)2.423.2376.0
Greenwave Capital (Flagship+)2.32.1368.0
ADG Systematic Macro Fund Ltd2.215.7398.0
Dominice & Co (Cassiopeia USD)2.17.3307.7
Greenwave Capital (Discr Plus)1.50.9368.0
Willowbridge (wPraxis Futures 3X)1.4-6.01291.5
First Quadrant (TCA L/S USD)1.35.32278.0
FDO Partners (Gl. Quant. Currency)1.1-5.22492.3
Premium Currency (Currencies)1.00.7800.1
First Quadrant (TCA L/S USD 2%)0.62.4900.0
Trigon (Discretionary Macro)0.5-11.4421.0
Doherty (RV Growth)0.45.0497.0
Man (AHL Evolution)0.44.45100.0
Doherty (RV Moderate)0.33.3497.0
Two Sigma (Compass)0.310.39900.0
Doherty (RV Conservative)0.21.7497.0
Jefferies (Managed Futures Fund)0.08.5505.0
Harmonic Capital (Macro 10v)-0.1-7.21727.0
Harmonic Capital (Macro 15v)-0.1-10.91727.0
Harmonic Capital (Alpha Plus Macro I)-0.1-11.01727.0
Revolution Capital Mgmt (Alpha)-0.24.4430.0
Harmonic Capital (Alpha Plus Macro)-0.2-11.31727.0
QCAM (v-Pro Dynamic)-0.3-14.6576.0
QCAM (v-Pro)-0.3-3.9576.0
Harmonic Capital (Currency 10v)-0.5-10.71727.0
Man (AHL Dimension)-0.5-3.44500.0
AlphaGen Capital (L/S Agriculture)-0.6-3.7712.0
Alder Cap'l (Alder Global 20)-0.7-1.6326.0
Ramsey Quantitative Systems (GAAF)-1.113.2377.6
Sunrise Cap'l Partners (Evolution)-1.1-0.4696.5
AlphaParity (Global Premia A)-1.2-7.6638.3
Mondiale Asset Mgmt (Trading)-1.2-2.0527.8
Quantitative Invest. Mgmt (Global)-1.39.92081.9
Man (AHL Alpha)-1.7-4.14000.0
AlphaParity (Global Premia BB)-1.9-11.4638.3
Boronia Capital (Diversified)-1.9-1.4741.7
Rhicon Currency Mgmt (Strategic)-2.2-2.4540.0
Mondiale Asset Mgmt (Trading 2X)-2.2-2.6527.8
First Quadrant (Essential Beta)-2.312.6313.0
ROW Asset Mgmt (Diversified)-2.43.8651.0
ISAM Systematic Trend - Levitas 10V-2.5-5.81617.5
Campbell & Co. (CMF)-2.6-8.83794.0

Top 40 Largest CTAs – YTD

ProgramOct 2016. Return (%)YTD Return (%)AUM $m
Quantitative Invest. Mgmt (Gl. 3X)-3.831.5251.9
Blue Diamond (Non-Directional)2.423.2376.0
Amplitude Capital (Klassik)-3.423.2897.5
ADG Systematic Macro Fund Ltd2.215.7398.0
IPM Systematic Macro7.614.93234.0
Ramsey Quantitative Systems (GAAF)-1.113.2377.6
First Quadrant (Essential Beta)-2.312.6313.0
Millburn Ridgefield Corp (Divers.)-2.711.21316.0
Splendor Capital (Credence Global)2.610.6272.5
Two Sigma (Compass)0.310.39900.0
Quantitative Invest. Mgmt (Global)-1.39.92081.9
Progressive (Tulip Trend I)-9.59.8256.0
Jefferies (Managed Futures Fund)0.08.5505.0
Welton Investment (Global Directional)-5.28.0489.0
Andurand Capital (Commodities)-3.07.71400.0
Dominice & Co (Cassiopeia USD)2.17.3307.7
Crabel Multi-Product (1.5X AA)-4.16.21814.5
Quantica Capl (Managed Futures)-3.65.9421.0
Aventis Diversified Commodity Fund-3.65.4268.5
Florin Court Capital Fund3.55.3650.0
First Quadrant (TCA L/S USD)1.35.32278.0
FORT, LP (Global Diversified LP)-5.65.0434.1
Doherty (RV Growth)0.45.0497.0
Amplitude Capital (Dynamic)-6.84.8434.6
Man (AHL Evolution)0.44.45100.0
Revolution Capital Mgmt (Alpha)-0.24.4430.0
Crabel Multi-Product (A)-2.74.31814.5
Crabel WPD Futures (Class J)-3.64.1355.0
EMC Capital Advisor (Alpha)-3.84.0278.2
Transtrend (DTP/Enhanced Risk - USD)-3.93.94307.0
ROW Asset Mgmt (Diversified)-2.43.8651.0
SEB Asset Selection Opportunistic(EUR)-5.43.8359.0
Doherty (RV Moderate)0.33.3497.0
Greenwave Capital (Flagship+ 2X)5.02.9368.0
FORT, LP (Global Contrarian LP)-3.42.51537.3
First Quadrant (TCA L/S USD 2%)0.62.4900.0
Transtrend (DTP/Standard Risk - EUR)-2.72.1761.9
Greenwave Capital (Flagship+)2.32.1368.0
Quest (AlphaQuest Original - AQO)-2.71.9485.2
Doherty (RV Conservative)0.21.7497.0
Episteme (Systematic Quest)-5.71.6474.6
Eckhardt Trading (Standard)-2.70.9259.4
Greenwave Capital (Discr Plus)1.50.9368.0
Cantab Capital Ptnrs (Core Macro)-3.20.91500.0
Premium Currency (Currencies)1.00.7800.1
Winton Capital Mgmt (Divers Futures)-2.60.433100.0
Kaiser Trading Fund SPC 2X-4.10.1491.0
Sunrise Cap'l Partners (Evolution)-1.1-0.4696.5
Lynx Asset Mgmt (Lynx Bermuda)-6.0-0.62178.0
BH-DG Systematic Trading Fund-4.2-0.9366.0

Top 40 Medium sized CTAs – 1 month

ProgramSep 2016. Return (%)YTD Return (%)AUM $m
Mulvaney Capital Mgmt. (Gl. Markets)18.216.769
Altis Partners (GFP Composite)8.9-7.7235
Quantitative Invest. Mgmt (Gl. 3X)5.836.8231
J E Moody & Company (CRV 3X)4.8-3.1168
Bocage Capital (BAC)3.413.060
Salus Alpha Capital (DMX)3.30.1155
Hawksbill Capital Mgmt. (Gl. Divers.)3.2-4.658
Paskewitz Asset Mgmt (Stock Index)3.14.7161
Degraves Capital Mgmt (Global Divers)3.08.689
LJM Partners (LJM Fund LP)2.315.7169
Tanyard Creek Capital (Livestock)2.15.965
Warrington Asset Mgmt (Premier)1.84.584
Fulcrum Asset Mgmt (Commodity)1.80.458
La Financiere de l'Echiquier (QME M)1.85.153
CenturionFx Ltd (6X)1.714.9118
IPM Systematic Currency (A)1.716.9150
J E Moody & Company (CRV)1.6-0.6168
La Financiere de l'Echiquier (QME I)1.63.953
Warrington Asset Mgmt (Strategic)1.54.284
Metzler Asset (Nordea 1 L/S MI AI)1.46.8121
Aquantum (ACS)1.4-8.562
SMN Diversified Futures Fund (i14)1.2-0.769
M6 Capital Mgmt (Standard)1.22.9126
Millburn Ridgefield Corp (MMM)1.215.1237
Currency Insight (Global Currency)1.2-1.8215
Global Sigma Group (AGSF)1.112.795
SMN Diversified Futures Fund1.1-2.369
Hyman Beck (Global)1.0-5.1181
Piquant Technologies (Pegasus)1.0-3.0165
Quantica Capl (2X QMF)1.020.374
Goldenwise (Quant Multi Strat)1.07.1100
DUNN Capital Mgmt (WMA Institutional)0.95.9205
Global Sigma Group (Sigma Plus)0.88.0191
Gamma Q (Commodity)0.83.1105
PGR Capital (Systematic)0.8-0.8148
Chesapeake Capital Corp. (Divers.)0.70.2170
1OAK Capital (ACORN Commodity)0.72.553
Red Rock Capital (Commodity L/S)0.6-6.350
First Quadrant (BRC)0.65.056
Keck Capital Management0.611.579
Covenant Capital Mgmt (Aggressive)0.5-1.581
Salus Alpha Capital (GAX)0.56.670
NickJen Capital Mgmt (NRD1)0.50.654
Vail Trading & Research (Mosaic)0.4-4.399
Eclipse Capital Mgmt. (Gl. Monetary)0.41.3153
Rotella Capital (Orion)0.32.752
Esulep Mgmt LLC (Permo Fund)0.34.9152
RCMA Asset Mgmt (Merchant Commodity)0.34.1215
Jaguar Investments (ULTRO)0.20.785
Sequoia Capital Fund Mgmt (FX)0.1-4.8105

Top 40 Medium sized CTAs – YTD

ProgramOct 2016. Return (%)YTD Return (%)AUM $m
24FX Global Advisors1.269.089.9
First Quadrant (TCA L/S USD 20%)5.825.0222.0
LJM Partners (Aggr. Premium Writing)2.724.056.0
Tom Capital (Growth Fund)0.220.065.0
LJM Partners (LJM Fund LP)2.117.7173.0
IPM Systematic Currency (A)0.217.1149.0
GalNet Asset Mgmt (Alpha Fund)6.016.870.9
Capital Fund Mgmt (Discus C USD 2X)4.014.262.4
John Street Capital (Vantage)0.414.1244.7
First Quadrant (Global Risk GBP A)-1.713.7232.0
Global Sigma Group (AGSF)0.813.694.9
Conquest Macro-1.112.9156.0
Quantica Capl (2X QMF)-6.312.767.1
Bocage Capital (BAC)-0.412.659.0
Millburn Ridgefield Corp (MMM)-2.811.9214.0
Tianyou Fund LP1.19.8108.5
Revolution Capital Mgmt (Mosaic Inst.)2.18.8217.0
Global Sigma Group (Sigma Plus)0.78.7196.7
Goldenwise (Quant Multi Strat)1.18.3105.0
Polar Star Mgmt (Polar Star)1.17.8119.6
FORT, LP (Global Futures)-6.47.290.9
van Essen, Emil (MSP)0.86.985.0
Tanyard Creek Capital (Livestock)0.76.665.0
John Street Capital (Systematic)0.36.4244.7
Tactical Invest. Mgmt. (Inst'l Comm)-0.66.050.8
Three Rock (Global Macro)3.35.673.1
ROW Asset Mgmt (Currency)0.85.450.0
Quest (Alpha Quest Short Bias-AQSB)-2.25.3113.9
Mizuho Alt. Inv (Crystal Japan)-2.65.2157.8
Mizuho Alt. Inv (Sunstone)0.35.152.2
First Quadrant (GTAA L/S USD)1.25.156.0
Esulep Mgmt LLC (Permo Fund)0.04.9157.8
Warrington Asset Mgmt (Premier)0.44.982.4
Paskewitz Asset Mgmt (Stock Index)-0.24.5162.0
Abraham Trading Company-0.84.3229.9
Warrington Asset Mgmt (Strategic)0.04.382.4
Mulvaney Capital Mgmt. (Gl. Markets)-10.84.263.0
Cambridge Strategy (Emerging Mkts)3.23.6149.0
Salus Alpha Capital (GAX)-2.93.670.0
Millburn Ridgefield Corp (Commodity)1.23.3245.0
Polar Star Mgmt SEZC (Polar Star Ltd)0.63.3221.4
Salus Alpha Capital (CAX)-0.53.1100.0
Goldman Mgmt (Navigator)-1.63.150.0
Rotella Capital (Orion)0.32.951.8
AE Capital (Systematic FX)-0.12.9165.0
Degraves Capital Mgmt (Global Divers)-5.72.593.0
Four Seasons Comm. (Hawkeye)1.02.2100.0
Gamma Q (Commodity)-1.02.1105.0
SCT Capital Mgmt (AQT)-2.72.1211.1
La Financiere de l'Echiquier (QME M)-2.92.152.3

Top 40 Small CTAs – 1 month

ProgramOct 2016. Return (%)YTD Return (%)AUM $m
Bear Commodities (Level II)17.6-12.40.8
Insch Capital Mgmt (Kintore)9.513.55.6
PacificFront Capital (Futures)9.2101.62.9
Geosol Capital8.7-8.142.4
Southwest Managed Invest. (Gl. Div.)8.36.08.2
RAM Mgmt Group (RAM Fund)7.4-13.14.2
MDC Trading (MDLC)7.38.011.8
Red Oak Comm. Advisors7.2-0.228.2
Donald Smith (Futures Fund)7.09.441.7
Advanced Arbitrage Concepts (Acc't 2)6.9-7.66.1
Bluenose Capital Mgmt (BNC EI)5.21.92.2
Capital Fund Mgmt (Discus E EUR 2X)4.817.20.2
Sector Asset Mgmt (EuroPower NOK)4.7-7.721.0
Conover Investments (Oil)4.64.50.2
Trigon (Foreign Exchange)4.31.93.3
White Indian (Alternative Hedge)4.23.13.6
C2 Financial Tech (ScoutAlpha Index)4.11.70.4
SinoPac Asset Mgmt (Multi Strategy)3.8-6.834.0
Worldwide Capital Strat (Macro World)3.79.01.0
Frischmeyer, Michael J.3.54.02.6
Parkestone Capital (Collision)3.21.91.3
PvB (Swiss Equity Futures A)3.2-6.625.8
Principal Global Invest. (Currency)3.14.00.9
Mehnert Capital Mgmt (DTP)3.01.30.9
Rockstead Capital (Fixed Income)2.85.73.0
HB Capital Mgmt (Diversified)2.85.35.7
White Indian (Navajo)2.837.80.3
Altavest PCS (Legend)2.711.44.1
Crescendo Capital (Neutron Decay)2.723.50.2
White Indian (SCS)2.714.50.2
Jones & Company (High Sierra Mehnert)2.7-1.00.9
Alpha Z (Futures Fund)2.650.36.3
DeltaHedge (VIXVOX)2.646.50.7
White River Group (Dynamic)2.618.213.0
RAM Mgmt.Group (MRTP Conservative)2.5-3.16.0
Bayou City Capital2.4-3.46.0
Xenfin Capital (CRT Prime FX)2.32.25.4
van Essen, Emil (LSCP-Accel.)2.24.50.2
1900 Investments (Dynamic Oil)2.2-1.50.1
Bulkara Capital (Systematic Fund)2.24.110.5
LJM Partners (LJM Fund Ltd)2.217.118.0
Bensboro Advisors (Seasonal Trading)2.24.63.3
Impetus Capital Mgmt (S&P Strangles)2.26.59.5
Advanced Arbitrage Concepts (Acc't 1)2.1-3.76.1
Dairy Opportunities2.1-25.73.8
CNV Capital Management2.1-1.01.0
Trading Study (SPK)2.15.80.3
Capital Fund Mgmt (Discus B USD)2.07.940.5
Buckingham Global Advisors (WEP)2.014.71.9
White River Group (Stock Index)1.9-2.741.5

Top 40 Small CTAs – YTD

ProgramOct 2016. Return (%)YTD Return (%)AUM $m
PacificFront Capital (Futures)9.2101.62.9
SandPointe (US Volatility)-0.850.620.3
Alpha Z (Futures Fund)2.650.36.3
DeltaHedge (VIXVOX)2.646.50.7
Hartswell Capital Mgmt (MP-1)0.237.98.0
White Indian (Navajo)2.837.80.3
Commodities Analytics (Daily)0.329.60.8
Blue Bar Futures Trading Mgmt0.324.31.7
Crescendo Capital (Neutron Decay)2.723.50.2
White Indian (STAIRS Futures)-0.123.40.1
Martin Fund Mgmt (Martin Fund)-4.822.79.5
Dreiss Research Corp.-4.122.29.3
Capricorn Strategies (FX-DM)-2.222.20.3
Progressive (Edelweiss A)1.021.839.7
White River Group (Dynamic)2.618.213.0
van Essen, Emil (Spread Trading Ltd)1.317.841.0
Capital Fund Mgmt (Discus E EUR 2X)4.817.20.2
LJM Partners (LJM Fund Ltd)2.217.118.0
Buckingham Global Advisors (WEP)2.014.71.9
Brandywine AM (Symphony Preferred)-5.214.63.4
White Indian (SCS)2.714.50.2
van Essen, Emil (Spread Trading)0.514.213.0
Linnis (ONE, LP)-3.114.28.3
LJM Partners (Preservation & Growth)1.413.826.0
Insch Capital Mgmt (Kintore)9.513.55.6
GNE (S&P Futures)0.613.53.3
Amapa Capital (Investment Fund)0.413.46.8
Bluenose Capital Mgmt (BNC CL)1.113.30.1
Carbide Capital (Absolute Return)1.313.05.9
AIS Capital (3X-6X)-4.212.815.8
Clarke Cap'l Mgmt. (FX-Plus)-2.012.34.8
Ilgenwald Trading-0.911.71.9
Altavest PCS (Legend)2.711.44.1
Camkay Capital Mgmt (Short Term)-0.611.24.8
SandPointe (Opportunities)-1.111.120.7
Intex Capital (Covered Program)0.510.72.1
Pairstech Capital Mgmt (J8 Futures)-2.810.50.8
Beann Capital (Honeybee)-1.710.45.8
Spartan Fund Mgmt (Dorset)1.09.65.0
Donald Smith (Futures Fund)7.09.441.7
Meliora Capital (Commodity Absolute)1.59.34.1
Lochridge Investment Advisors (Energy)1.59.29.3
NuWave Inv. Mgmt. (Combined Futures)-4.49.234.9
Worldwide Capital Strat (Macro World)3.79.01.0
HiProb Trading (HiProb-I)0.28.520.0
QQFund.com (Investment Program 1)-5.28.53.2
Tiberius (Commodity Alpha OP)-1.28.113.9
AIS Capital (2X-4X)-2.98.012.6
MDC Trading (MDLC)7.38.011.8
STRM Capital Fund1.38.08.0