Citadel delivered strong performance in November, with its flagship Wellington fund returning 1.4%, bringing year-to-date gains to 8.3%, according to sources familiar with the results.
🔹 Performance Highlights (November & YTD)
- Wellington Fund: +1.4% in November | +8.3% YTD
- Global Equities Fund: +2.5% in November | +13.2% YTD
- Tactical Trading Fund: +2.6% in November | +16.3% YTD
- Global Fixed Income Fund: +1.1% in November | +8.5% YTD
These gains come despite a challenging market backdrop, with the S&P 500 finishing November roughly flat after a period of volatility.
Recent positioning data shows major hedge funds—including Citadel—have reduced exposure to the Magnificent Seven and rotated into software, e-commerce, and payments, according to earlier Reuters reporting.
Founded by billionaire Ken Griffin, Citadel remains one of the world’s most profitable hedge funds, managing approximately $66 billion AUM.