Citadel Advisors Fund Performance History & Annualized Return (2024)

FAQs

What is the annual return of Citadel? ›

Annual returns at Citadel have ranged from 15% to 38% in the past five years, as founder Ken Griffin and his colleagues moved capital among dozens of teams—some finding interest-rate plays, commodity speculations, or quantitative patterns, others going long or short on specific stocks.

However, Michael Weisz, founder and CEO of Yieldstreet, which offers alternatives to family offices and institutional investors, said that on a three-year performance basis, "most hedge funds have outperformed the S&P, so a one-year comparison isn't quite fair." For example, since inception in 1990, Citadel's flagship ...

Citadel LLC is one of the largest hedge funds based in the U.S., with approximately $92.46 billion in total assets under management as of Sept. 30, 2023. Citadel has generated roughly $74 billion in total gains since its inception in 1990, making it the most successful hedge fund of all time.

The Wellington fund has a long history of delivering double-digit returns that strongly outpace the hedge fund industry average. In 2021, its returns topped 26%, which improved from returns of 24% in 2020. In 2019, the fund's returns shot up to 19.4%, more than doubling from 9.1% in 2018.

One of the most profitable hedge funds of all times, Citadel generated $16 billion in profits for its investors in 2022, and earned $65.9 billion in net gains since 1990, making it the top-earning hedge fund ever.

Commodities is one of five core strategies at Citadel, along with equities, credit and convertibles, quantitative strategies and fixed income and macro. Citadel tops the list of hedge funds that have had the biggest profits since launch, with about $74 billion in net gains, according to estimates by LCH Investments.

NEW YORK (S&P Global Ratings) Dec. 15, 2021-- S... Citadel Securities L.P. is a leading market-maker in equities, options, and fixed income securities worldwide with superior profitability and geographic diversification versus peers and strong capitalization.

Citadel Securities has reported a net trading revenue of $2.3 billion for the first quarter of 2024, marking a 68% increase year-over-year.

After its entry into the investment grade corporate bond market last year, Citadel Securities is making rapid progress.

The company has over 2,800 employees, with corporate headquarters in Miami, Florida, and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm.

Who owns Citadel fund? ›

Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, a multinational hedge fund.

Citadel Advisors is a Miami-based hedge fund manager founded in Q4 of 1990 by Kenneth Griffin. The firm operates out of offices located around the world.

Our asset management business includes: fundamental and quantitative strategies. Both approaches require top research talent – the main difference lies in how the models developed by our researchers are used to make investment decisions.

The hedge fund operation made about $28 billion in revenue, while Citadel Securities, one of the world's biggest electronic-trading firms, brought in $7.5 billion. Record revenues from the hedge fund unit comes in a year of stellar performance for Citadel's funds.

Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm. As of December 2022, Citadel is one of the most profitable hedge funds in the world, posting $74 billion in net gains since its inception in 1990, making it the most successful hedge fund in history, according to CNBC.

Based on recent data, the average annual return on investment for investors in a typical hedge fund is around 7.2%, with a Sharpe ratio of 0.86 and market correlation of 0.9. However, it's important to note that performance can vary significantly among different hedge funds.