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Bradley Saacks

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As seen in: Business Insider, MSN, MSN Deutschland, Bloomberg Businessweek, Bloomberg News, Business Insider Singapore, Financial Times, Markets Insider, MSN Philippines, MSN Taiwan, Reuters and
Hedge fund reporter at @businessinsider. Alum of @Semafor, @Ignites, @business, @statesman and @dailytarheel. Just one of the Saacks boys.
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Articles

Hedge fund scorecard: Citadel soars, while Millennium, Point72, and Asia funds slip in a chaotic July

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By Bradley Saacks Verified
| Business Insider Verified
Hedge funds' portfolio managers had plenty of variables to deal with in a choppy July. Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads An icon in the shape of a lightning bolt. Impact Link A busy July put many big-name hedge funds in the red to start the third quarter. Izzy Englander's Millennium lost 2.1% last month, a person close to the New York-based manager told Business Insider, pulling the firm's 2026 returns to 8.2%.
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Citadel's purchase of Situational Awareness's portfolio fuels Ken Griffin's record-setting July Original

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By Bradley Saacks Verified
| Business Insider Verified
Ken Griffin's investment firm is the most profitable hedge fund in history, has been running for more than 35 years, and has invested in complex situations around the world. So if the $71 billion firm is setting new records, it's pretty notable. Citadel had its best-ever month in its stand-alone stock-picking fund thanks primarily to its deal to purchase a bulk of Situational Awareness's public portfolio last week.
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AI stock sell-off slams stockpicking hedge funds as Whale Rock loses 21.7% in July Original

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By Bradley Saacks Verified
| Business Insider Verified
While Leopold Aschenbrenner's 67% loss last month might have had the industry's most severe drawdown in July, plenty of stockpickers focused on cutting-edge companies also suffered. Alex Sacerdote's Whale Rock Capital was down 21.7% in its flagship fund in July, a person close to the Boston-based manager told Business Insider. The firm had been riding high coming into the month, and July's losses put the fund's gains at 35.1% for the year.
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