Rokos Capital Management, the macro-focused hedge fund founded by Chris Rokos, ended the first half of 2025 with strong double-digit gains, delivering a standout performance amid volatile market conditions, according to a report by Bloomberg.
The report cites an unnamed sources familiar with the figures as revealing that the fund returned nearly 2.6% in June, lifting year-to-date performance to 12.3% The firm, which oversees more than $22bn in assets, declined to comment on the performance.
Rokos’ macro strategy has benefited from high-conviction positioning during turbulent periods, including April’s market dislocation sparked by US tariff announcements. While June’s drivers remain undisclosed, the fund’s consistent performance has placed it among the best-performing discretionary macro managers in 2025.
The firm now joins a cohort of macro hedge funds — including EDL Capital, RV Capital, Bridgewater Associates, and Discovery Capital — that have all posted double-digit gains this year. This stands in contrast to the broader macro hedge fund index, which rose approximately 3.3% over the same period.
