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CNBC

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

Friday, August 21, 2026


Ken Griffin, chief executive of Citadel, stated that the firm unwound more than 80 percent of the risk associated with its Situational Awareness portfolio. Griffin made the statement during an earnings call or investor update. The Situational Awareness portfolio was a concentrated position that had drawn attention from investors and analysts tracking Citadel's holdings and strategy.

Original reporting: https://www.cnbc.com/2026/08/21/citadel-situational-awareness-ken-griffin.html

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