Ken Griffin’s hedge fund Citadel is up 29% this year. Here's how they’re doing it

Billionaire investor Ken Griffin's flagship hedge fund continued to shine amid the market's extreme volatility.

Billionaire investor Ken Griffin's flagship hedge fund continued to shine amid the market's extreme volatility, outperforming yet again in September and bringing its 2022 gains to nearly 30%, according to a person familiar with the returns. Citadel's multi-strategy flagship fund Wellington rallied 2.5% last month, pushing its 2022 performance to 28.7%, the person said.

25% in September, bringing performance to 24% year to date, the person said. Citadel's tactical trading fund gained 2.35% last month and 21.2% this year, driven by both fundamental long/short and quantitative equity strategies, the person said. Citadel's equity hedge fund returned 2.51% in September, bringing its 2022 performance to 16.63%, the person said. The fund has outperformed the S & P 500 by 40 percentage points year to date through September.

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