CL-Media Relations, LLC.

Market Intelligence



Largest U.S. Mutual Fund Families As of December 31, 2020*

 
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.


**Note: Chart includes U.S. mutual fund families with more than $50 billion in assets, ex-money market.
Sources: Morningstar, Inc, CL-Media Relations LLC, SEC filings, company websites.

 
 

 
Menu
  • info@cl-media.com
    CL-Media Relations, LLC.
    44 Devens Street
    Concord, MA 01742
  • Sarah's mobile: 617-335-7823
    Margaret's mobile: 847-507-2229
    Richard's mobile: 617-312-4281
    fax: 978-371-0445