Quant blowups?

Heard some quants had a rough week — a couple anecdotes of small teams getting shut down or coming close.

The ones I heard were from second-tier MMs with small setups.

Anyone know if this was part of a broader shakeout or just isolated bad luck?

10 Comments
 

CTAs + Trend had a tough time, something to be said about whether trend still exists in commodities in the same form the algos were built to harvest. Most other places been loving the vol from what i've heard. 

 

Have gotten confirmation from friends in sys strategies about this. The “nobody knows why” part is particularly intriguing. I wonder if it’s a large player slowly unwinding but that seems like a silly way to go about it.

 

Reiciendis quidem eveniet et est consequatur aut iste. Voluptas id tempora odit voluptatibus blanditiis quaerat occaecati. Iure sunt accusamus cupiditate a.

Laboriosam debitis delectus nostrum dolores animi a rem. Quia facere quia sit pariatur dolores. Amet eum dolores accusantium fugit laborum. Perferendis aut fugiat saepe voluptatum maiores odio et.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.1%
  • Citadel Investment Group 96.1%
  • Millennium Partners 95.1%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”