An integral part of Citadel’s drive to create an expansive commodities business was the team of scientists and analysts hired by the firm to track the weather, reports an article…
Tag: Citadel Securities
Citadel Won Big in 2022: Made $16 Billion
Citadel, the hedge fund founded by Ken Griffin, raked in a $16 billion profit—after fees—in 2022, reports an article in MarketWatch. That’s the biggest yearly profit scored by a hedge…
Citadel’s Funds Gain Double-Digits During Volatility
All four of Citadel’s hedge funds have returned double-digits so far this year, far exceeding many of its peers in this volatile year. According to an article in Bloomberg, Citadel’s…
Citadel Looks To Redeem Part of Melvin Capital Investment
When Melvin Capital Management got slammed by bad short bets in the GameStop meme-stock misadventure in January, Citadel LLC and its partners stepped in with $2 billion. Now, according to…
Trading Giant Citadel in Spotlight After GameStop Frenzy
While the GameStop story revealed how small investors were pumping up the stock in an attempt to defy Wall Street, a recent article in The Wall Street Journal reports that…