The Wellington Fund, the flagship hedge fund at Ken Griffin’s multi-strategy firm Citadel, delivered a 1.4% gain in January, navigating a volatile market environment, according to a report by CNBC citing a source familiar with the results.
The fund, which achieved a 15.1% return in 2024, saw positive contributions from all five strategies it employs — commodities, equities, fixed income, credit, and quantitative — the source noted, speaking anonymously as the performance figures are private.
Other Citadel funds also posted solid gains in January, with the Tactical Trading Fund up 2.7%, the Equities Fund, using a long-short strategy, seeing a 2.7% return, and the the Global Fixed Income Fund gaining 1.9%.
Miami-based Citadel, which managed $65bn in assets at the start of the year, declined to comment on the January performance.