3 Citadel Funds Soar After Buying Situational Awareness’s Distressed AI Stocks

Three Citadel funds posted July gains after the firm bought a discounted portfolio of artificial intelligence stocks from Situational Awareness, the collapsed hedge fund run by former OpenAI researcher Leopold Aschenbrenner.

Ken Griffin's flagship Wellington fund rose 5.9% for the month. Almost all of that gain arrived after the purchase.

Citadel Funds Made Half a Year's Gain From One Deal

Wellington was up just 0.45% in July before the deal, Bloomberg reported. It closed the month at 5.9%.

That gap is the story. The fund did almost nothing for three weeks, then made its year in days.

For scale, Wellington returned 10.2% across all of 2025. July alone delivered more than half of that.

Wellington is now up 12% in 2026. It has already beaten last year's full result with five months still to run.

The firm's other two books did better. Citadel Equities gained 14.2% and Tactical Trading added 11.1%, according to figures shared with investors.

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