Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio

Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Markets Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio Published Fri, Aug 21 2026 10:39 AM EDT Updated 2 Min Ago Sara Eisen @saraeisen Davis Giangiulio @in/davis-giangiulio @GiangiulioDavis WATCH LIVE Ken Griffin, founder and CEO of multinational hedge fund Citadel, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. Fallon | AFP | Getty Images Ken Griffin of Citadel in a letter to clients on Friday addressed the firm's purchase of assets from Leopold Aschenbrenner's Situational Awareness hedge fund. According to a letter obtained by CNBC's Sara Eisen, Griffin told clients that Citadel has unwound more than 80% of the aggregate risk from the original portfolio purchased by conducting more than 100 block trades over $4 billion in market value. Griffin detailed in the letter that Citadel entered discussions with Situational Awareness to acquire some of the fund's holdings on July 29. One day later, CNBC's David Faber reported that Situational Awareness was forced to sell all of its public stock positions after facing steep losses. Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot