Citadel’s flagship Wellington fund returned 1.4% in November, bringing year-to-date performance to 8.3%, according to a report by Reuters citing people familiar with the matter.

The firm’s multi-strategy platform also delivered positive results across several portfolios. Global Equities gained 2.5% to reach 13.2% for the year, while Tactical Trading advanced 2.6% for the month and 16.3% year-to-date. The Global Fixed Income fund returned 1.1% in November, taking its 2025 performance to 8.5%.

Citadel remains one of the industry’s strongest performers, and oversees approximately $66bn in assets under management.

Its results come as major hedge funds navigate a mixed market backdrop. The S&P 500 finished November broadly flat after a period of volatility, and recent regulatory filings show large managers trimming exposure to Big Tech stocks while rotating into software, e-commerce and payments.