Hedge Funds Surge: Citadel, Balyasny, ExodusPoint Report Gains

UPDATE: Major hedge funds including Citadel, Balyasny, and ExodusPoint have reported impressive gains for November 2025, showcasing resilience amidst a turbulent equities market. These funds have outperformed the S&P 500, which saw a mere 0.1% increase last month.

In a month marked by volatility, Citadel, founded by billionaire Ken Griffin, achieved a 1.4% gain in its flagship Wellington fund. This brings the fund’s year-to-date return to 8.3%. Additionally, Citadel’s Tactical Trading fund surged 16.3% in 2025 after a 2.6% rise last month.

The $30 billion hedge fund Balyasny also demonstrated strong performance, recording a 2.5% gain in November and bringing its annual return to 15.3%. Meanwhile, ExodusPoint reported a 1.2% increase, pushing its year-to-date returns to 15.6%.

Despite a challenging start to November due to a sell-off in tech stocks, performance rebounded significantly in the latter half of the month, driven by strong earnings from major players like Nvidia and robust iPhone sales from Apple.

These hedge funds have shown remarkable resilience, outperforming the broader S&P 500 index, which has still realized over 16% growth in 2025. The performance figures are a testament to the strategic maneuvers of these firms, as they navigate the choppy waters of the financial markets.

More performance data is expected to emerge as the month progresses. The hedge fund industry continues to adapt and thrive, with many multistrategy managers demonstrating solid returns despite market fluctuations.

Stay tuned for further updates on hedge fund performances as more data becomes available. This developing story will continue to unfold as analysts assess what these gains mean for the broader financial landscape.