September Hedge Fund Efficiency: Citadel, Balyasny, and ExodusPoint

Effectively-known hedge funds, together with Citadel, Balyasny, and ExodusPoint, made cash final month, constructing on their good points as they enter the final quarter of 2025.

Ken Griffin’s Citadel gained 0.2% in September in its flagship Wellington fund, folks near the supervisor stated. The Miami-based hedge fund big is now up 5% for the yr.

Dmitry Balyasny’s eponymous agency, in the meantime, returned 1.3% in September, boosting its 2025 returns to 10%, an individual near the supervisor stated.

Michael Gelband’s ExodusPoint continued its sturdy yr with a 2% achieve in September, in accordance with a person conversant in the New York-based asset supervisor. It is now up 12.3% for 2025.

These month-to-month returns path the general market; nonetheless, as US markets proceed to development up. The S&P 500 returned 3.5% in September and is now up almost 14% in 2025 — a stunning reversal after the market turbulence following the preliminary rollout of President Donald Trump’s tariffs within the spring.

Final month additionally noticed the closure of Eisler Capital, the London-based multistrategy agency based by former Goldman Sachs bigwig Ed Eisler. The agency had struggled with efficiency this yr, shedding cash by August, and couldn’t sustain with the costly expertise warfare that has been raging for years amongst this section of the business, in accordance with Bloomberg.

The companies talked about declined to remark. Extra efficiency figures will probably be added to the desk as they’re realized.

Editor’s notice: This story was initially printed on October 1 at 2:25 pm. New figures have been added to the desk under as they’ve been realized.