Hedge fund numbers are rolling in — here's how Citadel, Millennium, Balyasny, and other big names fared in the first 5 months of the year.
Citadel's flagship Wellington fund posted a 6.13% return for the first five months of the year, above year-to-date returns for hedge fund rivals Point72, which is up around 5%, and Millennium, up 1.6%, according to people familiar with the returns.For May, top-performing multistrategy funds — named for their expertise in a wide variety of investing strategies — include Englander's Millennium and Balyasny, which returned 1.05% and 1%, respectively.
The S&P 500 was up 0.29% in May and 9.3% for the first five months of the year as investors rallied around the AI boom, including chip-maker Returns are still rolling out, but the major hedge fund players did not see major movements within their flagship funds. Representatives for the firms declined to comment.Equities fund was up 1.25% last month and is up 7.32% year to date, while the Tactical Trading fund gained 0.98% and 7.15% over the same respective periods. The Global Fixed Income fund was up 0.71% and gained 2.97% since January, according to people familiar with the returns.
In other hedge fund news: London-based hedge fund Marshall Wace's Eureka flagship fund, an equity fund managed by founder Paul Marshall, climbed 1.74% in May and is up 1.70% year to date.
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