Is Citadel Unwinding A $50 Billion Portfolio In The Aftermath Of The Surveyor Debacle

Submitted by Tyler Durden on 02/18/2016 - 13:17

The WSJ writes that "through the second week of February, Citadel’s main fund is down 6.5% this year, a person familiar with the matter said." As Copeland notes, "Mr. Griffin grapples with a money-losing stretch unusual for one of the hedge-fund world’s marquee names." That is only part of the story. Here is what the WSJ missed. As our source reveals, Citadel is quietly trying to unwind the $50 billion leveraged Surveyor portfolio.