Citadel’s Wellington fund posted a 1.8% gain in October, bringing year-to-date performance to 6.8%, according to a source familiar with the results. Other Citadel funds also outperformed key market benchmarks:
- Global Equities Fund: +2.3% in October, +10.4% YTD
- Tactical Trading Fund: +2.7% in October, +13.4% YTD
- Global Fixed Income Fund: +1.1% in October, +7.3% YTD
The firm, founded by Ken Griffin, continues to post steady returns across strategies, outperforming the S&P 500’s 2.2% October gain.
🔹 Broader Industry Momentum
Citadel’s results mirror a strong October across top-performing hedge funds including Millennium Management and Balyasny Asset Management.
Industry-wide, hedge fund capital has now surged to an all-time high of nearly $5 trillion, with $34 billion in new investor inflows during Q3 — the largest since 2007.
This momentum reflects renewed investor confidence in multi-strategy and macro trading funds amid market volatility and shifting interest rate expectations.
🔹 The Takeaway
Global hedge funds are regaining dominance as diversified alpha generators.
Citadel’s performance underscores a broader shift — from defensive positioning in 2024 to measured risk-taking and tactical allocation in 2025.
In a volatile macro landscape, adaptability remains the ultimate edge.