Yahoo · Jan 2, 2026
Bridgewater, D.E. Shaw Among Top Hedge Fund Gainers of 2025
Bridgewater’s Pure Alpha II macro fund returned 34% last year, its best ever, while the All Weather strategy rose 20%, a person with knowledge of the matter said, asking not to be identified discussing private information. D.E. Shaw’s flagship multistrategy Composite hedge fund gained 18.5% and Oculus made an estimated 28.2%. Michel Massoud’s event-driven Melqart Opportunities Fund surged 45%, another person said.

