Ken Griffin's Citadel Sees Significant Gains After Situational Awareness Deal
Ken Griffin's Citadel hedge fund experienced its best month in years, jumping nearly 6% after acquiring Situational Awareness stocks.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)Sources
Griffin's Citadel Jumps Nearly 6% After Situational Awareness Deal
Ken Griffin's flagship Citadel fund rose almost 6% in July after buying most of Situational Awareness's public stocks at a discount. Citadel is up almost 12% on the year. Fallout from the troubled artificial-intelligence Situational Awareness hedge fund is still rippling through markets. Bloomberg's Hema Parmar reports on "Bloomberg Open Interest." (Source: Bloomberg)
Read full article →Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks
The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month.
Read full article →Citadel Soars 6% In July Thanks To Situational Awareness Firesale Liquidation
Citadel Soars 6% In July Thanks To Situational Awareness Firesale Liquidation Some have speculated that one of the most proximal catalysts behind the collapse of Leopold Aschenbrenner's $45 billion and epically misnamed Situational Awareness hedge fund, besides his use of batshit insane Total Return Swap leverage that would make an average Korean momentum-chasing degen blush with envy, was Citadel's vocal warning early last week that the Fed would/should hike rates, a contrarian...
By Tyler Durden
Read full article →
