How are quant funds holding up in this environment?

I know market making firms like optiver are killing it rn. What about on the non market making side, e.g. quant pods in C/M/P/B, and quant funds like two sigma, de Shaw, man group, g research, Qube, Squarepoint

10 Comments
 

Quant funds, particularly those like Two Sigma, D.E. Shaw, and others, have been performing well in recent years, especially on a risk-adjusted basis. Based on the most helpful WSO content, quantitative funds have shown resilience due to their systematic approach to identifying price dislocations and leveraging scale. Unlike fundamental funds, quant funds rely on incorporating vast amounts of quantifiable data and executing trades quickly, which allows them to adapt to various market conditions effectively.

For quant pods within multi-manager platforms like Citadel, Millennium, and Point72, the environment can vary. These pods often operate with a high degree of autonomy, and their success depends on the alpha generated by their specific strategies. The structured nature of these platforms provides resources and support, but the pressure to perform is significant, and turnover can be high.

As for firms like Two Sigma and D.E. Shaw, they are known for their systematic and research-driven approaches. Two Sigma, for instance, is fully systematic, with a strong focus on research as the key driver of alpha. D.E. Shaw, on the other hand, is often regarded as a prestigious quant fund with a broad range of strategies. Both firms have been able to maintain strong reputations and competitive compensation structures.

Firms like Man Group, G-Research, Qube, and Squarepoint also operate in the quant space, with varying degrees of focus on systematic strategies. These firms tend to emphasize innovation and data-driven decision-making, which positions them well in volatile or complex market environments.

Overall, quant funds and pods are generally thriving, leveraging their systematic and scalable models to navigate market complexities. However, the performance of individual funds or pods can vary significantly based on their specific strategies and execution.

Sources: DE Shaw vs Two Sigma vs Citadel Offer Advice, MIT vs. Princeton vs. Yale undergrad for quant hedge fund, Hedge Funds v/s Private Equity: Which industry will survive and thrive in the next two decades?, Leaving a single manager to start a book at a platform, Q&A: Top Quant Firms First Year Comp 250k to 400k

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

can’t comment on all of them but man group lost like 15%?

g research are making a killing

mlp lost a ton due to two index rebal teams losing almost a billion each (before the tariff stuff)

 

.

braga / systematica is getting pummeled. same with MAN quant funds as you said.

seems like most trend quant funds aren't doing well, but it would be pretty reductive to group all quant HFs/strats into that tho

 

Ut sint maxime neque nostrum distinctio numquam placeat. Dolorem sunt perspiciatis labore repellat odit. Harum accusamus eaque perspiciatis ut fugit qui dolor molestiae. Praesentium itaque unde et atque eaque et accusantium. Quas perferendis labore at voluptatum.

Porro rerum molestiae ab quasi et. Architecto placeat minima omnis voluptas culpa vitae soluta. Similique consequatur voluptatem recusandae maiores. Repellat minus quam totam ex iusto ipsa. Eum rerum nam numquam dolor quas. Enim qui praesentium omnis non tenetur corrupti et illo. Aut dolorum fugit enim ut.

Alias nisi fuga et est voluptatem quaerat cupiditate. In corrupti quo et et voluptatem odio cum culpa.

Autem laborum vitae delectus. Sit corrupti omnis ut quia dolores facilis.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (242) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”