{"id":3101,"date":"2026-08-06T16:07:32","date_gmt":"2026-08-06T16:07:32","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=3101"},"modified":"2026-08-06T16:07:32","modified_gmt":"2026-08-06T16:07:32","slug":"quant-hedge-funds-were-winners-in-a-chaotic-july","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=3101","title":{"rendered":"Quant hedge funds were winners in a chaotic July"},"content":{"rendered":"
\n

Last month, the machines won.<\/p>\n

Quantitative hedge funds had a strong July, highlighted by several big algorithm-driven names that avoided the pain their human-run peers suffered last month.<\/p>\n

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At Renaissance Technologies, its largest external fund \u2014 known as Renaissance Institutional Equities \u2014 was up 9.2% in July, more than making up for losses over the previous six months. For the year, the fund is up 4.5%, a person close to the New York-based manager said.<\/p>\n

The firm’s smaller Institutional Diversified Alpha fund continued its strong year with a 4.1% gain in July, bringing its 2026 returns to 14%, the person said.<\/p>\n

Two Sigma’s largest fund, Absolute Return Enhanced, gained 0.6% last month, a person close to the firm said, and is up 9% on the year.<\/p>\n

At Paris-based Capital Fund Management, the $12.4 billion Stratus fund made 1.9% in July, a person close to the manager told Business Insider. This gain puts the fund’s 2026 returns at 5.4%. Meanwhile, at $22 billion hedge fund Graham Capital, the firm’s Tactical Trend strategy made 1.8% in July and is now up 23.7% on the year.<\/p>\n

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London-based Qube, now managing $50 billion, fell slightly in its larger Torus strategy, losing 0.7% in July, bringing the fund’s 2026 returns to roughly 18%. The Qube fund, its longest-running strategy, was up 0.1% in July, a person familiar with the results told Business Insider, though the strategy’s year-to-date returns are unknown.<\/p>\n

The funds mentioned declined to comment.<\/p>\n

The relatively strong performance of computer-run hedge funds is more striking when compared to the rest of the industry. Even firms designed to make money in any market \u2014 the sprawling multistrategy funds that invest across geographies and asset classes \u2014 struggled in July, with the vast majority of the subsector suffering losses.<\/p>\n

Of course, there were a pair of firms that dominated headlines in July and ended the month in vastly different states. Leopold Aschenbrenner’s Situational Awareness, the once-high-flying $45 billion tech fund, finished July down 67% and was forced to sell the bulk of its public equity holdings to pay back bank partners.<\/p>\n

The buyer of the portfolio, Ken Griffin’s $71 billion Citadel, had a record-setting month, gaining 14.2% in its equities fund. It easily bested its peers in the multistrategy space with a 5.9% return in its flagship fund for the month, Business Insider reported.<\/p>\n

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Funds like Renaissance Technologies, Two Sigma, Qube, and more performed better than their human-run competitors last month.<\/p>\n","protected":false},"author":1,"featured_media":3100,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nQuant hedge funds were winners in a chaotic July - American home journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanhomejournals.com\/?p=3101\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quant hedge funds were winners in a chaotic July - American home journals\" \/>\n<meta property=\"og:description\" content=\"Funds like Renaissance Technologies, Two Sigma, Qube, and more performed better than their human-run competitors last month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/americanhomejournals.com\/?p=3101\" \/>\n<meta property=\"og:site_name\" content=\"American home journals\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-06T16:07:32+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=3101#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=3101\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/#\\\/schema\\\/person\\\/a3bb30439d8074c26cddd2e4af7af957\"},\"headline\":\"Quant hedge funds were winners in a chaotic July\",\"datePublished\":\"2026-08-06T16:07:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=3101\"},\"wordCount\":429,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=3101#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/americanhomejournals.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/5994e07f037a4c2b88543117eaafd66e.webp\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/americanhomejournals.com\\\/?p=3101#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=3101\",\"url\":\"https:\\\/\\\/americanhomejournals.com\\\/?p=3101\",\"name\":\"Quant hedge funds were winners in a chaotic July - 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