By Nishant Kumar | Updated on Oct 07, 2026 at 06:58 PM
Chris Rokos’s macro hedge fund made 4.2% last month when many others eked out meager returns amid challenging trading conditions caused by global bond market volatility.
The gains boosted the $22 billion hedge fund’s return for this year to 13.5%, according to a person with knowledge of the matter, who asked not to be identified because the details are private.
A representative for Rokos Capital Management declined to comment.
Some other macro funds, including D.E. Shaw Oculus and Haidar Jupiter, also made money during a month when higher oil prices and continued conflict linked to the Iran war stoked inflation concerns, central bank tightening and a bond market rout.
Here are initial estimates for hedge fund returns:
| Fund | Strategy | AUM ($ Billion) | September (%) | YTD (%) |
|---|---|---|---|---|
| Haidar Jupiter | Macro | 0.6 | 17.7 | 20 |
| Whale Rock Long Only | Equity | - | 6.2 | 51.5 |
| Whale Rock Flagship | Public & Privates | - | 5.8 | 48.9 |
| Graham Quant Macro | Quant Macro | 5.5 | 5.36 | 21.9 |
| BlackRock STA | Quant | - | 4.4 | 13.1 |
| D.E. Shaw Oculus | Macro-Driven Multistrategy | 115# | 4.3 | 30.2 |
| Quantedge Global | Quant | 7.6 | 4.3 | 49.3 |
| Rokos | Macro | 22 | 4.2 | 13.5 |
| Graham Tactical Trend | Quant | 4.8 | 3.3 | 31.2 |
| CFM Stratus | Quant | 13.5 | 2.9 | 12 |
| Winton Diversified Macro | CTA | 7.9 | 2.3 | 17.1 |
| Citadel Tactical Trading | Multistrategy | — | 2.2 | 28 |
| Man Strategies 1783 | Multistrategy | — | 1.9 | 10.9 |
| Renaissance RIDA | Quant | — | 1.8 | 17 |
| Winton | Quant Multistrategy | 5.4 | 1.7 | 9.2 |
| Bridgewater Pure Alpha | Macro | 102# | 18.5 | |
| Bridgewater AIA Labs | Quant Macro | 102# | 15.9 | |
| Brummer Multi Strat | Multistrategy | 4 | 1.6 | 7.7 |
| D.E. Shaw Composite | Multistrategy | 115# | 1.5 | 15.3 |
| Forada Enhanced 2x | Macro | 3.5# | 1.45 | 3 |
| ARP | Macro | 1.3 | 1.2 | 13.03 |
| Citadel Wellington | Multistrategy | — | 1.1 | 13.4 |
| Citadel Equities | Multistrategy | — | 1 | 24.5 |
| Oaktree Value Opportunity | Credit | 1.9 | 0.9 | 14.5 |
| Dymon | Multistrategy | 9 | 0.65 | 7 |
| Coatue | Equity | — | 0.6 | 12.2 |
| Schonfeld Fundamental Equity | Equity | - | 0.6 | 9.3 |
| ADAPT | Relative Value | 2.1 | 0.5 | -0.6 |
| FengHe Asia | Asia Focused Long-Short | 12.5 | 0.31 | 22.6 |
| North Rock | Multimanager Equity | 6.5 | 0.35 | 5.1 |
| Apis Capital | Equity | 1.1 | 0.3 | 35.9 |
| Point72 | Multistrategy | 58.5 | 0.2 | 10.9 |
| Balyasny Atlas Enhanced | Multistrategy | - | 0.1 | 0.7 |
| Millennium | Multistrategy | 97 | 0.0 | 8.1 |
| Schonfeld Partners | Multistrategy | - | 0.0 | 6.8 |
| LMR | Multistrategy | 16# | -0.2 | 6.6 |
| Walleye | Multistrategy | 17# | -0.2 | -0.5 |
| Viking Global | Equity | - | -0.3 | 2.2 |
| Billionfold | Equity | 1.1** | -0.4 | 11.3 |
| Broad Reach Master | EM Macro | 4# | -0.4 | 10.4 |
| Renaissance RIEF | Quant | — | -1.3 | 8.6 |
| Pinpoint Multistrategy | Multistrategy | 1.6 | -1.5 | 5.8 |
| ExodusPoint | Multistrategy | 14.9 | -0.7 | 4.1 |
| Kite Lake Special Opportunities | Event-Driven | 3.9# | -0.67 | 6.26 |
| Wolverine | Multistrategy | 6.1 | -1.1 | 4.7 |
| Verition | Multistrategy | 15 | -1.25 | 2.7 |
| Pharo Macro | Macro | — | -1.6 | 9.5 |
| ION Long Short Fund | Equity | 1.3 | -2 | 12.25 |
| Brevan Howard Alpha Strategies | Multistrategy | 35# | -2.2 | 0.7 |
| Brevan Howard Master | Macro | 35# | -2.2 | -0.6 |
| Taula* | Macro | — | -4.3 | -9.4 |
| Arini | Credit | 7.6 | -5.6 | -13.5 |
|
Source: Bloomberg reporting. *Taula returns through Sept. 18; #firm-wide assets **Billionfold AUM excludes Millennium SMA. |