Kenneth C. Griffin (R) speaks during the New York Times Dealbook Summit 2024 in jazz in the Lincoln Center on December 4, 2024 in New York City.
Eugene Gologursky | Getty pictures
The flagship hedge fund from billionaire, Ken Griffin, rose in a volatile January, according to a person who was familiar with the returns.
According to the person who spoke anonymously because the performance numbers are private, Citadel's multi -strategy flagship rose by 1.4%in January in January. All five strategies used in the fund – raw materials, stocks, fixed income, loan and quantitative – were positive for the month, said the person.
The tactical trading fund of the company based in Miami won 2.7% in January, while the equity fund, which used a long/short strategy, also returned 2.7%, the person said. In the meantime, Citadel's Global Fixed Ence fund returned 1.9%.
Citadel, who had a fortune of 65 billion US dollars at the beginning of the year, refused to comment.
The markets had violent price fluctuations in the past month when investors made the protectionist policy of President Donald Trump carefully. At the end of the month, a competitor of artificial intelligence from China called Deepseek caused a massive sale in Nvidia And ups other megacap tech shares.
The S&P 500 rose by 2.7% in January and rose by 1.9% in 2025 after an outstanding two-year run in 2023 and 2024. The stock-benchmark achieved a second year in a row last year over 20% and The two -year profit of 53 % has been the best since 1997 and 1998 when it rose almost 66 %.
Before the new administration took office on January 20, Griffin criticized the steep tariffs that Trump promised to implement and said they could lead to crony capitalism.
The founder of Citadel said that domestic companies could bring a short -term benefit by weakening their competitors. In the long term, customs duties for companies and the economy harm more because companies lose competitiveness and productivity, said Griffin.