# Investors managing over $10 billion (2026 list)

> 513 investors managing over $10 billion, 23% active in the last 12 months. Led by Geode Capital Management, Stillwater Capital Advisors, Edward Jones.

Source: https://millionrounds.com/lists/managing-over-ten-billion (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors managing over $10 billion

Updated 7 November 2026

Firms reporting more than ten billion dollars under management, from their Form ADV or their own published figure. The largest pools of private capital on the record.

[See all 513 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmanaging-over-ten-billion)The top 25

**513** investors on the list *+10* this week

**3,522** cheques in 12 months *+1%* against the market

**$55M** median round they joined *+588%* against the market median

**23%** wrote a cheque in 12 months

**18%** have led a round

## The Top 25

Ordered by assets under management, $, never by anything anyone paid for

Deploying now (9)

- 1 [Geode Capital Management](https://millionrounds.com/fund/geode-capital-management) unknown Investment firm · United States **$1736.5B** **-** median round **-** last seen
- 2 [Stillwater Capital Advisors](https://millionrounds.com/fund/stillwater-capital-advisors) unknown Investment firm · United States **$1236.7B** **-** median round **-** last seen
- 3 [Edward Jones](https://millionrounds.com/fund/edward-jones) unknown Corporate VC · United States **$1013.6B** **-** median round **-** last seen
- 4 [Dreyfus](https://millionrounds.com/fund/dreyfus) unknown Investment firm **$873.9B** **-** median round **-** last seen
- 5 [National Pension](https://millionrounds.com/fund/national-pension) unknown Institutional LP · South Korea **$800B** **-** median round **-** last seen
- 6 [Millennium Management](https://millionrounds.com/fund/millennium-management) *Deploying now* Growth equity · United States **$720.8B** **$200M** median round **Aug 2026** last seen
- 7 [QUBE RESEARCH & TECHNOLOGIES LIMITED](https://millionrounds.com/fund/qube-research-and-amp-technologies-limited) unknown **$580.4B** **-** median round **-** last seen
- 8 [Citadel](https://millionrounds.com/fund/citadel) *Deploying now* Corporate VC · United States **$570.6B** **$2B** median round **Mar 2026** last seen
- 9 [APG Asset Management](https://millionrounds.com/fund/apg-asset-management) *Deploying now* VC firm · Netherlands **$566.5B** **$300M** median round **Oct 2026** last seen
- 10 [J & W Seligman](https://millionrounds.com/fund/j-and-w-seligman) quiet Fund of funds · United States **$502.4B** **$37M** median round **Jul 2011** last seen
- 11 [Chase Manhattan Corporation](https://millionrounds.com/fund/chase-manhattan-corporation) quiet Corporate VC · United States **$429.7B** **$40M** median round **Sept 2009** last seen
- 12 [Mitsubishi UFJ Trust & Banking](https://millionrounds.com/fund/mitsubishi-ufj-trust-and-banking) unknown Asset manager · Japan **$407B** **-** median round **-** last seen
- 13 [Loomis, Sayles & Company](https://millionrounds.com/fund/loomis-sayles-and-company) *Deploying now* Hedge fund · United States **$386.9B** **$5B** median round **Oct 2026** last seen
- 14 [Fisher Investments](https://millionrounds.com/fund/fisher-investments) quiet Growth equity · United States **$386.7B** **$14M** median round **Jul 2004** last seen
- 15 [CNP Assurances](https://millionrounds.com/fund/cnp-assurances) quiet Corporate VC · France **$352B** **$28M** median round **Apr 2018** last seen
- 16 [Arrowstreet Capital, L.P.](https://millionrounds.com/fund/arrowstreet-capital-l-p) unknown VC firm · United States **$351.3B** **-** median round **-** last seen
- 17 [Vanguard](https://millionrounds.com/fund/vanguard) *Deploying now* Corporate VC · United States **$344.6B** **$120M** median round **Jul 2026** last seen
- 18 [MEAG](https://millionrounds.com/fund/meag) unknown Asset manager · Germany **$330B** **-** median round **-** last seen
- 19 [Edelman Financial Engines](https://millionrounds.com/fund/edelman-financial-engines) unknown Investment firm · United States **$326.3B** **-** median round **-** last seen
- 20 [RBC Capital Markets](https://millionrounds.com/fund/rbc-capital-markets) *Deploying now* Investment firm **$310.4B** **$800M** median round **Aug 2026** last seen
- 21 [RS Investments](https://millionrounds.com/fund/rs-investments) unknown Investment firm · United States **$282.7B** **-** median round **-** last seen
- 22 [Point72](https://millionrounds.com/fund/point72) *Deploying now* Hedge fund · United States **$274.1B** **$113M** median round **Sept 2026** last seen
- 23 [Cetera Financial Group](https://millionrounds.com/fund/cetera-financial-group) unknown Wealth manager · United States **$256.8B** **-** median round **-** last seen
- 24 [BAM Corner Point](https://millionrounds.com/fund/bam-corner-point) *Deploying now* VC firm · United States **$248.1B** **$220M** median round **Aug 2026** last seen
- 25 [Squarepoint Capital](https://millionrounds.com/fund/squarepoint-capital) *Deploying now* VC firm · United States **$227B** **$144M** median round **Nov 2026** last seen

**488 more on this list**

All 513 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmanaging-over-ten-billion)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[Telarus](https://millionrounds.com/company/telarus)** Round *With* [Columbia Capital](https://millionrounds.com/fund/columbia-capital)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *Led by* [Squarepoint Capital](https://millionrounds.com/fund/squarepoint-capital)
- **5** Nov **[Alethio Therapeutics](https://millionrounds.com/company/alethio-therapeutics)** Series A · $90M *Led by* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management)
- **5** Nov **[Anaheim Bio](https://millionrounds.com/company/anaheim-bio)** Series A · $45M *With* [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp)
- **5** Nov **[RadianX](https://millionrounds.com/company/radianx)** Seed · $9M *Led by* [Twynam Agricultural Group](https://millionrounds.com/fund/twynam-agricultural-group)

## Stages This Year

2,646 rounds

- Venture **20%**
- Series A **15%**
- Seed **13%**
- Pre-seed **10%**
- Series B **9%**
- Other **33%**

## What They Backed

Sectors, last 12 months

- AI **1,209**
- Biotech **245**
- Fintech **178**
- Big Data & Analytics **166**
- Healthcare **156**
- Financial Services **102**

## Cheques by Quarter

Led Joined

851 Q1 25

873 Q2 25

1,001 Q3 25

1,082 Q4 25

1,056 Q1 26

1,007 Q2 26

799 Q3 26

216 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors whose partners we can name 32,772](https://millionrounds.com/lists/partners-we-can-name)
- [Investors who publish their portfolio 17,295](https://millionrounds.com/lists/publish-their-portfolio)
- [Investment firms of ten people or fewer 9,452](https://millionrounds.com/lists/small-teams)
- [Emerging managers with a new fund under $50M 6,078](https://millionrounds.com/lists/emerging-managers)
- [SEC-registered venture advisers 4,344](https://millionrounds.com/lists/sec-registered-venture-advisers)
- [Registered investment advisers 4,214](https://millionrounds.com/lists/registered-investment-advisers)
- [Investors managing over $1 billion 2,691](https://millionrounds.com/lists/managing-over-a-billion)
- [Investors claiming thirty or more companies 2,226](https://millionrounds.com/lists/large-portfolios)
- [Investment firms founded since 2022 2,201](https://millionrounds.com/lists/new-investment-firms)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors managing over $10 billion

### Who are the most active investors managing over $10 billion?

By assets under management, $, the most active are Geode Capital Management, Stillwater Capital Advisors, Edward Jones, Dreyfus and National Pension.

### How many investors managing over $10 billion are there?

513 are on record. 23% made an investment in the last 12 months and 18% have led a round.

### Which stages do investors managing over $10 billion back?

Of the rounds with a named stage in the last 12 months, mostly Series A (22%) and Seed (18%).

### How big are the rounds investors managing over $10 billion join?

The typical (median) round among the leading investors here is $144M.

### Which sectors do investors managing over $10 billion back most?

In the last 12 months, mostly AI, Biotech and Fintech.

### Which investors managing over $10 billion lead the most rounds?

APG Asset Management (1 led), RBC Capital Markets (1 led) and Squarepoint Capital (1 led).

### Where are investors managing over $10 billion based?

Among the most active, most are based in the United States (17), South Korea (1) and the Netherlands (1).

### What have investors managing over $10 billion invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Tiger Global Management), Telarus (Nov 2026, with Columbia Capital) and firmly (Series A, Nov 2026, with Squarepoint Capital).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
