The Top Hedge Funds of 2023

SoMa Equity Partners led all hedge funds with a return of 62.1%

2023 marked a comeback year for both retail and institutional investors. The S&P 500 rallied higher by 26%, while the Nasdaq 100 more than doubled that with its return of 55%. It was also the Nasdaq’s best year since 1999.

SoMa Equity Partners took advantage of the historic returns and led all hedge funds with a return of 62.1% after losing 33.9% in 2022. Founded in 2016, SoMa operates as a long/short technology, media, and telecommunications (TMT) fund with a concentrated approach.