Firm |
AUM 12/31/20 |
AUM 6/30/20 |
Ownership |
|
Vanguard | $4,640 billion | $4,030 billion | Independent. Owned by Vanguard funds. |
|
Fidelity | $2,060 billion | $1,760 billion | Independent. Employee-owned. |
|
American Funds | $2,030 billion | $1,710 billion | Independent. Employee-owned by Capital Group. |
|
T. Rowe Price | $774 billion | $649 billion | Independent. Publicly traded. |
|
Franklin Templeton | $482 billion | $308 billion | Independent. Publicly traded. |
|
Dimensional Fund Advisors | $432 billion | $375 billion | Independent. Employee-owned. |
|
JP Morgan | $394 billion | $320 billion | Owned by JP Morgan Chase. |
|
PIMCO | $371 billion | $350 billion | Owned by Allianz. |
|
BlackRock | $316 billion | $279 billion | Independent. Publicly traded. |
|
Invesco | $314 billion | $285 billion | Independent. Publicly traded. |
|
MFS | $313 billion | $268 billion | Owned by Sun Life Financial. |
|
Dodge & Cox | $206 billion | $183 billion | Independent. Employee-owned. |
|
Columbia | $179 billion | $154 billion | Owned by Ameriprise Financial. |
|
TIAA Investments | $173 billion | $156 billion | Owned by TIAA. |
|
Janus Henderson | $172 billion | $145 billion | Independent. Publicly traded. |
|
Lord Abbett | $172 billion | $152 billion | Independent. Employee-owned. |
|
PGIM | $158 billion | $137 billion | Owned by Prudential Financial. |
|
Principal Funds | $153 billion | $134 billion | Owned by Principal Financial. |
|
Hartford Funds | $134 billion | $113 billion | Owned by Hartford Financial Services Group. |
|
John Hancock Funds | $133 billion | $118 billion | Owned by Manulife Financial. |
|
Schwab Funds | $110 billion | $95 billion | Owned by Charles Schwab Corp. |
|
Goldman Sachs | $109 billion | $93 billion | Owned by Goldman Sachs Group. |
|
SEI | $108 billion | $95 billion | Independent. Publicly traded. |
|
Victory Capital | $106 billion | $94 billion | Independent. Publicly traded. |
|
Bridge Builder | $103 billion | $87 billion | Owned by employee-owned Edward Jones. |
|
Metropolitan West | $98 billion | $92 billion | Owned by TCW Group. TCW is owned by employees, Carlyle Group, and Nippon Life. |
|
AllianceBernstein | $98 billion | $90 billion | Publicly traded. Majority owned by Axa Equitable Holdings. |
|
Nuveen | $92 billion | $82 billion | Owned by TIAA. |
|
Voya | $88 billion | $78 billion | Owned by Voya Financial. |
|
Baird | $86 billion | $74 billion | Owned by employee-owned Baird Financial Group. |
|
Wells Fargo Funds | $85 billion | $77 billion | Owned by Wells Fargo & Co. |
|
Federated | $85 billion | $72 billion | Independent. Publicly traded. |
|
Putnam | $84 billion | $75 billion | Owned by Great-West Lifeco and ultimately by Power Financial. |
|
DoubleLine | $84 billion | $81 billion | Independent. Employee-owned. |
|
Morgan Stanley | $82 billion | $62 billion | Owned by Morgan Stanley. |
|
Eaton Vance | $81 billion | $75 billion | Independent. Publicly traded. Agreed to be acquired by Morgan Stanley in October 2020. |
|
First Eagle | $66 billion | $59 billion | Controlling interests held by Blackstone Group and Corsair Capital funds. |
|
MainStay | $66 billion | $58 billion | Owned by New York Life. |
|
Delaware Funds | $66 billion | $56 billion | Owned by Macquarie Group. |
|
Artisan | $65 billion | $53 billion | Independent. Publicly traded. |
|
Ivy Funds | $60 billion | $52 billion | Owned by publicly traded Waddell & Reed. Waddell & Reed agreed to be acquired by Macquarie Group in December 2020. |
|
BNY Mellon | $58 billion | $52 billion | Owned by Bank of New York Mellon Corp. |
|
Northern Funds | $56 billion | N/A | Owned by Northern Trust Corp. |
|
Oakmark Funds | $56 billion | N/A | Owned by Natixis subsidiary Harris Associates and ultimately by Groupe BPCE. |
|
Harbor Funds | $56 billion | N/A | Owned by ORIX Corp. |
|
Natixis Funds | $55 billion | $50 billion | Owned by Natixis and ultimately by Groupe BPCE. |
|