All Brands Owned by Citadel LLC

What does Citadel own?

Citadel manages capital for institutional clients across five investment strategies. It does not own a portfolio of operating brands; its business is investment management conducted under the single Citadel identity.

Is Citadel publicly traded?

No. Citadel LLC is privately held, approximately 85 percent owned by Ken Griffin. It has never issued public shares, though Sequoia Capital and Paradigm hold a minority stake purchased in 2022.

Who founded Citadel?

Ken Griffin founded Citadel in 1990 in Chicago as Wellington Financial Group at age 22, after trading from his Harvard dorm room and managing capital for investor Frank Meyer.

Where is Citadel headquartered?

Citadel is headquartered at 830 Brickell Plaza in Miami, Florida, a tower it developed and anchors. It moved there from Chicago in 2022 and operates offices across the Americas, Europe, the Middle East, and Asia.

How many brands does Citadel own?

Citadel operates essentially one brand. Its investment business runs under the Citadel name, with Wellington as its flagship fund name. Citadel Securities is a separate company founded and majority owned by Griffin but not part of Citadel LLC.

Who owns Citadel?

Ken Griffin owns approximately 85 percent of Citadel LLC. The remainder is held by firm partners and minority investors Sequoia Capital and Paradigm. It is the most profitable hedge fund in history with $90.4 billion in cumulative net gains.

What is the difference between Citadel and Citadel Securities?

They are separate companies both founded and majority owned by Ken Griffin. Citadel LLC is the hedge fund. Citadel Securities is a market maker that executes stock and bond orders for brokers and institutions and does not manage outside investment capital.