Citadel CEO Ken Griffin speaks through the Semafor World Economic system Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC.
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Billionaire investor Ken Griffin’s hedge funds at Citadel have all posted optimistic returns throughout a unstable 2025, led by the tactical buying and selling fund.
Citadel’s multistrategy Wellington fund, its largest, gained 2.5% through the first half of the yr, in response to an individual conversant in the agency’s returns who requested to stay nameless as the data is personal. Citadel’s tactical buying and selling fund, which mixes equities and quantitative methods, rose 6.1% throughout the identical time, the particular person stated.
The basic fairness fund returned 3.1% by means of the tip of June, whereas its international mounted revenue technique superior 5%, the particular person stated.
Citadel declined to remark. The hedge-fund big had $66 billion in belongings below administration as of June 1.
The inventory market has confirmed resilient within the face of President Donald Trump’s aggressive commerce struggle and battle within the Center East. The S&P 500 has rebounded from a close to 20% sell-off in April, occurring to attain a brand new report excessive on Friday and once more on Monday. The fairness benchmark is up greater than 5% yr so far.
Griffin has spoken been important of Trump’s protectionist commerce coverage, calling tariffs a “painfully regressive tax” that hits working class People the toughest. The billionaire additionally stated Trump’s international commerce combat dangers spoiling the U.S. “model” in addition to its authorities bond market.
Citadel’s flagship Wellington fund rose 15.1% final yr. Since Citadel’s inception in 1990, the agency produced an annualized internet return of 19.2% by means of the tip of Might.