November was a month of ups and downs for hedge funds. Despite a rough start with tech stocks taking a hit, big names like Citadel, Balyasny, and Point72 still managed to make gains. Citadel, based in Miami and led by billionaire Ken Griffin, saw its main fund, Wellington, rise by 1. 4%. This bring
Hedge funds had a strong month in October. Citadel's main fund, Wellington, saw a 1. 8% increase. This brought its yearly performance up to 6. 8%. Citadel's other funds also did well. The Tactical Trading fund gained 2. 7% in October and 13. 4% for the year so far. The Global Fixed Income fund rose
Ken Griffin, the big boss of Citadel, recently shared his thoughts on AI at a big finance conference. While many on Wall Street are excited about using AI to pick stocks, Griffin isn't convinced it's the magic solution. He said AI can help with some tasks, but it's not great at finding those specia
Investors are showing a lot of interest in the Vanguard Large-Cap ETF. PFG Investments LLC recently increased its stake in this ETF by 18. 5% during the second quarter. They now own 2, 195 shares, which are worth about $626, 000. Other big investors are also making moves. Wealthspire Advisors LLC b
Investors are showing a lot of interest in the Vanguard Short-Term Corporate Bond ETF. Several big players have recently increased their stakes in this ETF. Willow Creek Wealth Management Inc. boosted its holdings by 18. 2% in the second quarter. They now own 3, 909 shares, worth about $311, 000. O
July was a tough month for hedge funds, even though the stock market did okay. Some big names in the industry managed to stay afloat, though. Citadel, a major player in the hedge fund world, saw a gain of 1. 3% in its main fund, Wellington. This is good news for them, especially since they had some
Citadel's founder Ken Griffin hinted that he might sell a small part of his hedge fund someday. He made this comment at an event in New York. Griffin said it was a smart move to sell a piece of Citadel Securities to Sequoia and Paradigm in 2022. This deal put the firm's value at $22 billion. Griffi
In the world of finance, a common assumption is that technology stocks thrive in an environment of low interest rates. This notion is rooted in the idea that tech companies often promise future profits in exchange for present-day funding, making them more attractive to investors when returns are low
The past week has been a rollercoaster ride for the crypto market, with a sell-off that wiped out $367 billion in value. But instead of fleeing, institutional investors took advantage of the dip to buy in. Spot ether exchange-traded funds saw net inflows of around $120 million, with most traders buy
