The biggest hedge funds made modest gains in May. How Citadel, Point72, and more stack up.

• 04/02/2025, 5:15 PM
• businessinsider.com

Apu Gomes via Getty Images

Multistrategy hedge funds protected their investors from the worst of 2025's stock market volatility in March and April. Now, after equity markets surged in May, the same managers also did not reach the same highs as indexes such as the S&P 500.