Hedge funds' 2025 report card: How Citadel, Point72, and Millennium stack up against smaller rivals

Tech Insider : Business, Economy, Style
The Wall Street statue with no one around
Hedge funds managed strong returns in 2025 despite uneven markets and geopolitical stress.

Erik McGregor/LightRocket via Getty Images

Hedge funds are spending fortunes to win the talent war. It's changing the industry in the process.

Tech Insider : Business, Style
Photo collage of portfolio manager relaxed in office chair looking at multiple trading screens, surrounded by cash, coins, and termination letters.

Getty Images; Alyssa Powell/BI

Commodities trades stung hedge funds this year. It's not stopping firms from piling in.

Tech Insider : Business
A half dozen oil rigs pump across the horizon
Investors trading commodities, such as oil, have been in high demand.

Jeri Clausing/AP

Here are the 10 hedge funds to watch in 2026

Tech Insider : Business, Environment, Style
Steve Cohen wears a hat and sunglasses on a baseball field
Steve Cohen's Point72 is a firm to watch in 2026.

Rich Storry/Getty Images

How hedge funds like Citadel, Millennium, Point72, and more performed in November

Tech Insider : Business, Politics, Style
Ken Griffin sits on stage in a black suit.
Citadel founder Ken Griffin was up in his flagship Wellington fund in November.

CHANDAN KHANNA/AFP via Getty Images

Millennium suffered big losses in one of the $81 billion hedge fund's favorite strategies last month

Tech Insider : Business
Izzy Englander
Izzy Englander's Millennium suffered losses in the popular index rebalance strategy in November.

Bloomberg/ Getty Images

How to get hired at hedge funds like Citadel, Point72, and Millennium

Tech Insider : Business
Four D. E. Shaw interns gathered around a computer.
D.E. Shaw interns.

D. E. Shaw

What's next for Millennium after its $14 billion valuation, from where it's expanding to how big it could get

Tech Insider : Business, Style
A headshot of Israel Englander, founder of Millennium Management
Millennium's Izzy Englander recently sold a stake in his firm for the first time.

Patrick McMullan/Getty Images; Jenny Chang-Rodriguez

Top hedge funds notched gains in October. Here's how Millennium, Citadel, Point72, and others stack up

Tech Insider : Business, Style
izzy Israel Englander
Israel Englander, Chairman and CEO, Millennium Partners

Phil McCarten/Reuters

Izzy Englander's Millennium sells a minority stake that values the hedge fund giant at $14 billion

Tech Insider : Business
Israel Englander headshot
Izzy Englander speaks during the SkyBridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 11, 2011.

Ronda Churchill/Bloomberg via Getty Images

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