Citadel CEO Ken Griffin will speak at the Semafor World Economy Summit 2025 held in Conrad Washington, DC on April 23, 2025.
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Citadel billionaire investor Ken Griffin’s hedge fund has posted all positive returns during the volatile 2025 led by the Tactical Trade Fund.
Its largest Citadel multi-strategy Wellington Fund won 2.5% in the first half of the year, according to anyone familiar with the company’s returns that asked to remain anonymous because the information is private. Citadel’s tactical trade fund, which combines stocks and quantitative strategies, rose 6.1% at the same time, the person said.
The basic equity fund returned 3.1% until the end of June, but its global bond strategy said its 5% increase.
Citadel declined to comment. The hedge fund giant had $66 billion in assets under management as of June 1.
The stock market has proven resilient in the face of President Donald Trump’s aggressive trade war and conflict in the Middle East. The S&P 500 was rebounded from a nearly 20% sale in April, winning new record highs on Friday and Monday. Equity benchmarks are up over 5% per year.
Griffin is critical of Trump’s protectionist trade policy, calling tariffs the “painful regression tax” that hits working-class Americans the most difficult. The billionaire also said Trump’s global trade battle risks ruining the US “brand” and its government bond markets.
Citadel’s flagship Wellington Fund rose 15.1% last year. Since the establishment of Citadel in 1990, the company generated a net profit of 19.2% annual net profit by the end of May.