In September, the largest hedge funds had a tough time, with many seeing little to no gains. Millennium Management, led by Izzy Englander, remained unchanged for the month but has grown by 8.1% this year. Other funds, like ExodusPoint Capital Management, lost a small amount (0.4%) but have gained 4.1% overall in 2026. Funds that focus more on stock picking, like North Rock Capital and Dymon Asia, performed better despite the S&P 500 index dropping about 0.5%. Here’s a quick look at how some of the hedge funds did in September: Man Group 1783: gained 1.9% Millennium: no gain (0%) Dymon Asia: gained 0.7% LMR: lost 0.2% North Rock: gained 0.4% ExodusPoint: lost 0.4% Overall, it was a challenging month for many hedge funds, especially those focused on fixed-income investments, as rising interest rates affected their performance.
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