How hedge funds like Citadel, Millennium, Point72, and more performed in NovemberNEWS | 03 December 2025Citadel founder Ken Griffin was up in his flagship Wellington fund in November.
Citadel founder Ken Griffin was up in his flagship Wellington fund in November. CHANDAN KHANNA/AFP via Getty Images
Citadel founder Ken Griffin was up in his flagship Wellington fund in November. CHANDAN KHANNA/AFP via Getty Images
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Hedge funds' biggest names had a solid November despite an early-month sell-off of hot tech stocks.
Citadel, Balyasny, and Point72 made money in the month, people close to the managers told Business Insider.
Miami-based Citadel, run by billionaire Ken Griffin, was up 1.4% in its flagship Wellington fund. The fund has made 8.3% for the year. The manager's Tactical Trading fund, which combines the firm's quant and flesh-and-blood stockpickers, is up 16.3% in 2025 after 2.6% gain last month.
The $30 billion Balyasny continued its strong year with a 2.5% gain in November. The manager is now up 15.3% in 2025. ExodusPoint pushed its year-to-date returns to 15.6% with a 1.2% bump in November. Billionaire Steve Cohen's Point72 is up 15% in 2025, following a 1.4% gain last month.
Millennium eked out gains of 0.5% over the month, bringing its year-to-date returns to 8.3%.
These firms and many other multistrategy managers outperformed the S&P 500 last month; the index gained just 0.1% thanks to an early-month sell-off of tech stocks that was partially reversed by strong earnings from chipmaker Nvidia and solid iPhone sales by Apple.
The index for the year has still made more than 16% in 2025, which is greater than many funds' year-to-date gains.
The firms below declined to comment. More performance figures will be added to the table and the article as they are learned.
(Editor's note: This story was originally published on December 1 at 2.32 pm. New figures have been added to the table below as they have been learned.)Author: Never Miss A Story. Bradley Saacks. Enter Your Email. Follow Authors. Source
