Citadel's Wellington fund returned 5.9% in July, its strongest month since 2022, reaching 12% year-to-date. Its tactical trading and equities funds posted 11.1% and 14.2% gains respectively, both record months, reaching 27% year-to-date. The results followed Citadel's late-July acquisition of the bulk of Situational Awareness's public-stock holdings at a discount after that fund's collapse under margin calls.