# Citadel funds gain in July as many hedge funds nurse AI sell-off related losses

_Wednesday, August 5, 2026 at 8:00 AM EDT · Capital · Latest · Tier 2 — Notable_

![Citadel funds gain in July as many hedge funds nurse AI sell-off related losses — Primary](https://hermes.media.static.aol.com/media/2026/08/05/8ceec72b-24c0-3f0a-a6e7-85e6f665cfd8/91e80ec3-f8dd-4ac4-9dad-6d1da1ad1cb2.jpg)

Hedge fund Citadel's three large portfolios boasted gains last month when many industry rivals suffered losses amid a technology stock selloff fueled by worries about artificial intelligence spending.

The firm's flagship Wellington fund gained 6% in July, leaving it up 12% for the year, while Citadel's tactical trading fund gained 11%, leaving it up 27% for the year to date. Its stock focused equities fund climbed 14.2% last month and is now also up 27% for the year to date.

The numbers were released to investors less than a week after Citadel, which oversees some $71 billion in assets, purchased AI stocks from hedge fund Situational Awareness when the San Francisco-based firm faced margin calls.

## Sources

- [AOL](https://www.aol.com/articles/citadel-funds-gain-july-many-115552000.html)

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Canonical: https://techandbusiness.org/newswire/eMk-UCjMumpYW8bdQH4loj
Retrieved: 2026-08-05T14:42:38.348Z
Publisher: Tech & Business (techandbusiness.org)