Citadel CEO Ken Griffin speaks throughout 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 risky 2025, led by the tactical buying and selling fund.
Citadel’s multistrategy Wellington fund, its largest, gained 2.5% throughout the first half of the yr, in keeping with an individual acquainted with the agency’s returns who requested to stay nameless as the data is non-public. Citadel’s tactical buying and selling fund, which mixes equities and quantitative methods, rose 6.1% throughout the identical time, the individual mentioned.
The elemental fairness fund returned 3.1% by the tip of June, whereas its world mounted revenue technique superior 5%, the individual mentioned.
Citadel declined to remark. The hedge fund big had $66 billion in belongings beneath administration as of June 1.
The inventory market has confirmed resilient within the face of President Donald Trump’s aggressive commerce warfare and battle within the Center East. The S&P 500 has rebounded from a close to 20% sell-off in April, happening to attain a document excessive on Friday and once more on Monday. The fairness benchmark is up greater than 5% yr up to now.
Griffin has been vital of Trump’s protectionist commerce coverage, calling tariffs a “painfully regressive tax” that hits working-class Individuals the toughest. The billionaire additionally mentioned Trump’s world commerce struggle 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 web return of 19.2% by the tip of Might.
