September Hedge Fund Performance: Citadel, Balyasny, and ExodusPoint

Nicely-known hedge funds, together with Citadel, Millennium, 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, individuals near the supervisor mentioned. The Miami-based hedge fund large is now up 5% for the 12 months. At Izzy Englander’s $79 billion Millennium, the agency’s scores of portfolio managers managed to return 1.4% in September, in line with an individual accustomed to the agency. That bumped its 2025 good points to six%.

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

Michael Gelband’s ExodusPoint continued its strong year with a 2% acquire in September, in line with a person accustomed to 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 surprising 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 12 months, losing money through August, and couldn’t sustain with the expensive talent war that has been raging for years amongst this phase of the trade, in line with Bloomberg.

The companies talked about declined to remark. Extra efficiency figures can be added to the desk as they’re discovered.

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