Types of pods (quant/fundemental + strategy) @ Citadel, Millennium, P72, etc..

Hi folks,

Wondering if anyone has a rough idea of the split between the types of pods at the big pod shops. Haven't found any previous posts on this (?). From what I have understood the PMs are free to choose their strategy, as long as they operate within the risk limits.

So does anyone have an idea what the split is between:

1) Fundemental vs. quant (and I guess "quantamental" somewhere in between)

2) Strategy choice: L/S equities, rates, credit, commodities, macro, vol, ++ any I left out 

Feel like I mainly hear about super detailed bottoms-up quarterly modelling for earnings beat/ miss, so very curious about this -- any rough estimates/ color is appreciated.

1 Comments
 
Most Helpful

Quisquam est velit eius dolores quas. Impedit iure modi delectus accusamus. Rerum blanditiis sit nam at.

Tempora occaecati veniam esse assumenda iusto. Culpa ratione consequuntur nulla architecto harum perferendis necessitatibus nemo. Animi corrupti debitis esse dolore voluptatem omnis quo.

Career Advancement Opportunities

August 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

August 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

August 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

August 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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
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...”