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Mutual Fund Company Market Share

Ranked by the key metric of Assets Under Management (AUM)

as of 1/3/2020

Ranked by
on 1/3/20
Company NameMarket Share %New AUM In BillionsNew DateCurrent News
1Black Rock Funds9.43%$6,963.90 9/30/2019Bad Fossil fuel investment loss of $90 Billion, but still #1
2Vanguard6.14%$4,530.10 9/30/2019New no commission ETF platform
3Charles Schwab5.34%$3,940.00 9/30/2019Schwab to buy TD Ameritrade
4State Street Global Advisors3.81%$2,810.00 3/31/2019Layoffs to start in January of 2020
5Fidelity Investments3.33%$2,459.00 3/31/2019To add billions in IT for workplace enhancements. To offer crypto currency in five years. No response for updated numbers.
6JP Morgan2.98%$2,200.00 9/30/2019Please record 3rd quarter earnings. FINRA fines JP Morgan $1.1 million. No media inquiry response for updated AUM number nor published web data.
7BNY Mellon (Dreyfus)2.57%$1,900.00 9/30/2019KPMG fined for Mellon reports in UK.
8PIMCO2.55%$1,880.00 9/30/2019College scandal hits PIMCO executive
9Capital Group2.52%$1,860.00 3/31/2019"Capital Group fund manager quits after BBC exposé," per Financial Times article
10Amundi Asset Mgmt2.37%$1,750.00 9/30/2019Hired Myerberg from Janus Henderson for fixed income group.
11Prudential Investments1.90%$1,400.00 5/1/2019Earnings per share is down year-over-year in Q3
12BofA Merrill Lynch1.90%$1,400.00 3/31/2019Merrill is trying flat salary with bonus compensation strategy.
13Legal & General Investments1.78%$1,313.00 6/30/2019Buys Cardiff for 400 M pounds
14TD Ameritrade1.76%$1,297.00 10/17/2018To be purchased by Charles Schwab
15Invesco1.60%$1,182.20 9/30/2019 Invesco to "cut 1,300 jobs," Per Financial Times
16T Rowe Price1.60%$1,180.00 11/30/2019"T. Rowe Price led a new funding $1.3 B round for the start-up, a potential competitor to Tesla that was already backed by Amazon and Ford." per NY Times.
17Sun Life Global Investments1.44%$1,063.00 9/30/2019Sun Life to buy majority in InfraRed Capital Partners
18TIAA1.43%$1,059.00 9/30/2019TIAA closes life insurance division
19Natixis Global Associates1.38%$1,020.00 9/30/2019Rise of 12% in AUM
20Northern Trust1.33%$983.009/30/2019Ricky Fowler and Bubba Watson committed to Northern Trust
21Loomis Sayles & Co1.24%$917.109/30/2019Purchased McDonnell Investments. Affiliated with Natixis Global
22Wellington Management1.24%$915.007/1/2019Focuses on climate change issues for giving and PR
23Edward Jones1.24%$914.003/31/2019Voted on of the 2019 best places to work for parents
24Ameriprise Financial1.22%$900.009/30/2019Larson Payne Larson Group, a team of experienced financial advisors managing approximately $222 million in assets, has joined its employee channel in Edina, Minn.
25Goldman Sachs Asset Management1.18%$874.504/30/2019Missed Q3 projections
26AXA1.17%$866.006/30/2019FINRA fines AXA $772,000
28DWS | Deutsche Asset Management1.14%$840.009/30/2019Rebranding to "DWS"
29Credit Sussie1.10%$811.006/30/2019Paying 5.3 Billion in FINRA fines. Profit declines in Q3.
30Legg Mason1.07%$791.0010/31/2019Layoffs may be avoided since AUM is up
31Affiliated Managers Group (AMG)0.99%$732.009/30/2019Jay Horgan is the new CEO at AMG
32Insight Investors0.97%$714.009/30/2019Expands Phoenix Headquarters
33Principal Financial Group0.95%$703.409/30/2019Principal announces 2020 outlook and long term guidance
34Franklin Templeton0.94%$693.009/30/2019Jennifer Johnson is the new CEO
35SEI Investments0.90%$662.009/30/2019Q3 earnings beat estimates after stock buy back
36Standard Life Aberdeen (UK)0.87%$644.506/30/2019AUM drops again
37BNP Paribas0.86%$632.006/30/2019FINRA fine of $15 million over money laundering controls - Dec 2019
38AllianceBernstein0.81%$601.0010/31/2019AUM is up. To move HQ from Boston to Nashville for cost cutting reasons
39Dimensional Fund Advisers0.78%$579.009/30/2019Dimensional Reduces US Mutual Fund Management Fees
40The Blackstone Group0.75%$554.009/30/2019Blackstone Group sues RCS owner
41Federated Investors0.71%$527.209/30/2019Buys PNC Capital Advisors
42Geode Capital Management0.70%$519.009/30/2019As a third party, Geode Capital Management will manages Fidelity's "free" ETF index funds as the funds' sub-advisor
43Morgan Stanley0.69%$507.009/30/2019Reducing the number of advisors
44Nomura Asset Management0.68%$501.009/30/2019FINRA fines Nomura $225,000. Tries to rebound from 2018 losses and 2019 layoffs.
45New York Life/Mainstay0.68%$500.009/30/2019Senior leadership changes in progress
46Brookfield Asset Management0.68%$500.009/30/2019Brookfield acquires India telecom towers
47MFS Investment Management0.66%$488.006/30/2019Owned by Sun Life Financial
48Eaton Vance Distributors0.65%$482.809/30/2019"To try ETFs - again"
49Wells Fargo Advisors0.64%$476.003/31/2019Well Fargo is now recruiting more advisors than it is losing.
50Columbia Threadneedle0.64%$469.009/30/2019Commits to sponsor Boston Marathon through 2023
51AVIVA Investors0.60%$444.209/30/2019Buys office building in Amsterdam
52Julius Baer Securities0.58%$426.506/30/2019Karos will drag earnings down
53Frank Russell Investments0.54%$400.003/31/2019TA Associates and Reverence Capital Partners Complete Acquisition of Russell Investments from London Stock Exchange Group
54Manulife Asset Mgmt0.53%$394.009/30/2019Manulife's Asian business units help 2019 results
55Aegon0.52%$386.006/30/2019Aegon will repurchase common shares for an amount of EUR 168 million to neutralize the dilutive effect of the 2019 interim stock dividend. 
56RBC Global Wealth (CAN)0.49%$359.409/30/2019FINRA fine of $2.9 million in Oct '19.
57MetLife0.48%$356.409/30/2019SEC fine for $10 million
58Janus Henderson Group0.48%$356.109/30/2019Fined $2.35 million for overcharging
59Neuberger Berman0.46%$339.009/30/2019Buying Dyal Capital Partners
60LPL Financial0.46%$338.009/30/2019LPL paid $26 million in fines in 2019
61Sculptor | Och-Ziff0.45%$333.309/12/2019Rebranding from Och-Zill to "Sculptor"
62Dodge & Cox0.42%$313.209/30/2019AUM is up
63Stifel Financial Corp0.42%$312.009/30/2019AUM up 8%
64Apollo Management0.41%$303.003/31/2019Apollo and Athene Close the Acquisition of GE Capital’s PK AirFinance Debt Business
65Barings0.41%$300.009/30/2019Barings makes a bet as it enters the risky 5G market with Majority Stake Acquisition in Gigasphere Holdings LLC
66Guggenheim Partners0.37%$275.009/30/2019Ex-SEC Enforcement Chief Takes Leadership Role at Guggenheim Partners
67BMO Global Asset Group0.36%$263.006/30/2019Kristi Mitchem is new CEO
68Citi Group0.35%$256.003/26/2019FINRA fines Citigroup $1.25 million and an additional $55,000
69Oppenheimer Funds0.32%$234.006/30/2019Purchased by Invesco
70Robeco/ORIX0.30%$222.309/30/2019Part of AXA
71Carlyle Group0.30%$222.009/30/2019The Carlyle Group Completes Conversion to a Corporation
72BrightSphere0.29%$217.009/30/2019CEO buys 50,000 shares on 12/31/19
73Voya (ING)0.29%$217.009/30/2019FINRA fined Voya $125,982
74TCW Group0.29%$211.009/30/2019Nippon Life buys 25% stake in TCW
75Lazard Mgmt. Group0.28%$207.709/30/2019Lazard CEO to speak at Goldman Sachs conference
76Pictet0.26%$192.009/30/2019Pictet changes its Asia market management
77Lord Abbett & Co0.25%$185.309/30/2019Lord Abbett Portfolio Manager Yoana Koleva Wins 2019 Women in Asset Management Award
78Putnam Investments0.24%$180.0011/30/2019Fund Ranked #1 out of Nearly 300 Funds in the Core Bond Category
79American Century Investments0.23%$170.003/31/2019Nomura buys 40%
80IGM Financial0.23%$166.4011/30/2019Purchased Mackenzie. AUM up.
81Bridgewater Associates0.22%$160.009/8/2019The worlds largest hedge fund
82Victory Capital0.20%$149.5011/30/2019Increased AUM by, not 12.8% but 128% in one quarter. $64.1 Billion to $149.5 Billion! Victory Capital purchased USAA's Investment management business.
83Doubleline0.20%$147.009/30/2019Conssitant AUM increases. Well done.
84Ares Management0.20%$144.009/30/2019Ares Management announces acquisition Of three Texas wind farms
85Raymond James0.19%$143.109/30/2019To expand into Canada
86GAM Investors0.19%$139.009/30/2019Changed brand from Gabelli Investors to "GAM"
87OakTree0.17%$122.009/30/2019Brookfield to acquire 62% of Oaktree
88The Hartford0.16%$120.009/30/2019Named "2019 Military Friendly Employer"
89TPG Capital0.16%$119.009/30/2019Owned by Tarrant Capital Group
90Artisan Partners Financial0.16%$117.109/30/2019Steady AUM growth
91Conning0.15%$113.009/30/2019Conning Completes Strategic Investment in Global Evolution
92MAN Group0.15%$112.709/30/2019Man Group appoints John Cryan as Chairman
93Harris Associates0.15%$111.009/30/2019Harris' Kat Chairez Named to Crain’s “40 Under 40”
94Virtus Investment Partners0.14%$105.006/30/2019Buys Sustainable Growth Advisors
95Mercer Advisors0.14%$100.0012/19/2019Three Mercer advisors awarded best wealth advisors over $5 billion dollars
96US Bancorp0.13%$97.009/30/2019U.S. Bancorp may close 450 branches
97Waddell & Reed0.09%$68.809/30/2019Is looking to move the HQ somewhere in Missouri to save costs
98Oakmark Funds0.09%$68.009/30/2019AUM is trending down after Q1 increase
99Robert W Baird & Co0.08%$62.009/30/2019FINRA fined Robert W Baird $150,000
100Quilter (was Old Mutual)0.08%$59.609/30/2019Quilter to sell the life insurance division for $555.7 million.
101Sterling Capital0.08%$58.009/30/2019Sterling Capital Equity Income Fund (BEGIX) Ranked in the First Percentile of its Morningstar(1) Category for 15 Years
102William Blair Funds0.07%$54.209/30/2019William Blair passed on 11/21/19
103Thornburg Asset Management0.07%$49.403/31/2019Thornburg Appoints Ben Kirby and Jeff Klingelhofer as Co-Heads of Investments
104Causeway Capital Management0.07%$48.609/30/2019
105Fortress Investment Group0.06%$41.509/30/2019Fortress Investment Group Sells Long Beach Airport Plaza Office Properties
106AGF Management Limited0.05%$37.408/31/2019AGF Management Limited Declares Fourth Quarter 2019 Dividend
107Pzena0.05%$36.708/31/2019Pzena internally re-organizing with restructuring and buyouts Q1 2020.
108Matthews Asia Funds0.04%$27.1011/30/2019Matthews Asia Hires Lindsay Wright as Head of Asia and Global Chief Operating Officer
109Dyal Capital Partners0.03%$21.709/30/2019Purchased by Neuberger Berman
110Robinhood Financial0.03%$20.009/30/2019Joins the free EFT commission charge. FINRA fines Robinhood $1.25 million on 12/9/19
111Davis Select Advisers0.03%$19.809/30/2019
112Manning & Napier0.03%$19.309/30/2019"Manning & Napier loses two PMs, liquidate three funds", per Citywire
113Reams Asset Mgmt0.03%$18.509/30/2019Purchased by Raymond James
114Touchstone Investments0.02%$18.005/1/2019Touchstone Investments Names Rockefeller Asset Management Sub-Advisor to Touchstone International ESG Equity Fund
115Glenmede Investment Management0.02%$17.609/30/2019
116Tweedy Browne Co0.02%$15.103/30/2019Warren Buffet's former investment firm
117Impax Asset Group0.02%$15.0010/31/2019Buying PAX with 9.4 Billion in AUM
118Southeastern Asset Management0.02%$14.009/30/2019Southeastern Asset Management has a new CEO
119Ariel Investments0.02%$13.006/30/2019Melody Hudson is new Co-CEO
120Royce Funds0.02%$12.906/30/2019Part of Legg Mason
1211251 Capital Group0.02%$12.509/6/2019Buying Emerald & Ziegler Capital
122Brown Brothers Harriman0.02%$12.503/31/2019BBH Capital Partners Completes Investment In Bradford Airport Logistics
123Pacific Global Asset Management0.02%$12.109/30/2019Part of Pacific Life
124Sterne Agee (SA Stone)0.02%$12.009/30/2019Rebranding from Sterne Agee to "SA Stone"
125FIS Group0.01%$4.703/31/2019FINRA fine of $25,000. Lost half of AUM.
126Westchester Capital0.01%$3.709/30/2019Boasts zero broker turnover
127Z Capital Group0.00%$2.8012/5/2019Buys company fo4 580 million dollars
129Park Avenue Securities0.00%$2.109/30/2019FINRA fines Park Avenue Securities $640,522
130Saturna Capital0.00%$2.109/30/2019Saturna Capital’s President Appointed to Newly Formed SEC Asset Management Advisory Committee
131Grayscale Investments0.00%$2.109/30/2019Grayscale Gets Regulatory Nod From FINRA for Ethereum Trust to Trade on OTC Markets for using Block-Chain transactions
132Great Point Capital0.00%$1.509/30/2019Great Point Capital teaming with Lionsgate to start a Film Studio in New York
133Heartland Advisors0.00%$1.309/30/2019Moving to BMO tower
134Ross Sinclair & Associates0.00%$0.8012/4/2019AUM is up but has to pay a $200,000 FINRA fine.
135Lafayette Investments0.00%$0.309/30/2019Buys Ryanair Holdings