Hedge fund majors Citadel, Balyasny Asset Management, and ExodusPoint all continuing their positive year-to-date performance in September, but trailed broader US equity markets, according to a report by Businesse Insider citing unnamed sources familiar with the managers.
Ken Griffin’s Citadel saw its flagship Wellington fund rise 0.2% in September, bringing 2025 returns to 5%. Dmitry Balyasny’s eponymous firm gained 1.3% last month, lifting its year-to-date performance to 10%, while Michael Gelband’s ExodusPoint added 2% in September, pushing its 2025 return to 12.3%.
The S&P 500 posted a 3.5% increase in Sterner and is now up nearly 14% year-to-date, following a volatile spring driven by trade policy uncertainty.
