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Citadel Unwinds 80% AI Portfolio, $4B
Citadel has shed more than 80% of the original Situational Awareness portfolio and completed nearly 100 block trades totaling over $4 billion in market value, according to a letter Ken Griffin sent to investors. The moves de-risk the AI-focused hedge fund’s holdings after its public stock book was heavily damaged, with Citadel’s Wellington Fund posting a notable July return.
Finance · 14 sources · Aug 21, 2026Read it
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About Kenneth C. Griffin
Kenneth Cordele Griffin is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, a multinational hedge fund. He also owns Citadel Securities, one of the largest market makers in the United States.
Everything about Kenneth C. Griffin →- Occupation
- entrepreneur, businessperson, hedge fund manager
- Citizenship
- United States
- Born
- October 15, 1968
- Website
- https://www.citadel.com/leadership/kenneth-c-griffin/, https://www.griffincatalyst.org/about/