The biggest hedge funds in the world are getting bigger and at a faster rate than their smaller peers, according to new report.

Alpha Magazine’s annual survey of hedge fund assets shows that the top 100 hedge funds in the world now manage more than $1 trillion combined, accounting for 68% of all hedge fund assets. Prior to asset growth of 39% last year, the top 100 held 65% of all assets.

JPMorgan edged out Goldman Sachs for the top spot, with $33.1 billion compared to the latter’s $32.5 billion. Connecticut’s Bridgewater Associates was third with $30.2 billion. Other surveys—notably, Absolute Return’s ranking of U.S. managers released earlier this year—show much the same pecking order, with JPMorgan, Goldman and Bridgewater in the top three spots.

And if the hedge fund industry is becoming a battle of the biggest, New York can breathe a sigh of relief. Only one of the top 10 hedge funds in the world—Man Investments, 9th with $18.8 billion—is based in the city’s emerging rival, London. Seven are located in the New York area, with four in the city itself, two in Connecticut and one on Long Island. The remaining two are based in San Francisco.

Rounding out Alpha’s top ten are D.E. Shaw Group ($27.3 billion), Farallon Capital Management ($26.2 billion), Renaissance Technologies ($26 billion), Och-Ziff Capital Management ($21 billion), Barclays Global Investors ($18.9 billion), Man and ESL Investments ($17.5 billion).