Hedge funds' first-quarter returns are rolling in. Here's how big names fared in choppy markets.

In Q1 2026, hedge funds diverged: Schonfeld and North Rock were up while managers including Balyasny and LMR lost money. Losses and gains were driven by rocky market conditions and heightened volatility rather than firm-specific news.

Analysis

In Q1 2026, hedge funds diverged: Schonfeld and North Rock were up while managers including Balyasny and LMR lost money. Losses and gains were driven by rocky market conditions and heightened volatility rather than firm-specific news.