Citadel LLC is a privately owned financial services company headquartered in the United States. Founded in 1990 by Kenneth C. Griffin, it operates as a hedge fund. As of 2021, Citadel managed over $39 billion in assets and employed approximately 4060 people.
Citadel sold Tesla stock for the fourth consecutive quarter while increasing Nvidia holdings by 900%. David Ossack, Goldman Sachs' global head of emerging market foreign exchange (EMFX) options trading, joined Citadel as a portfolio manager. Citadel, along with Pacific Investment Management Company (Pimco) and Western Asset Management, are among investment firms expected to own unspecified assets. Ken Griffin, Citadel's founder, launched Griffin Catalyst in fall 2023, a platform to manage his charitable giving, building on over $2 billion in prior donations.
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