They use different investment strategies.
(Photo: Reuters, Bloomberg)
Dusseldorf While US corporations are laying off employees and preparing for difficult times, Ken Griffin invited his approximately 10,000 employees and their families to Disney World in Florida at the turn of the year. There was reason to celebrate: 2022 was a record year for Griffin’s hedge fund Citadel Advisors.
According to LCH Investment, a fund of funds for hedge funds, Citadel made $16 billion in profits in 2022. This is all the more remarkable given that other large unregulated mutual funds such as Tiger Global Management have suffered significant losses. On average, the industry achieved a minus of more than four percent in 2022.
In addition to Citadel, however, only a few other hedge funds managed to escape the negative trend and achieve billions in profits. The Handelsblatt presents the five most successful hedge funds of 2022 and shows which stocks they rely on. This evaluation is based on data from the US Securities and Exchange Commission, which was published this week.
Citadel Advisors: Meta
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