Citadel/Melvin

Anyone hearing speculation that they took Melvin's shorts and doubled down?  Not hearing any numbers here yet tho.

Hedge Fund Interview Course

  • 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
  • 11 Detailed Sample Pitches and 10+ hours of video.
  • Trusted by over 1,000 aspiring hedge fund professionals just like you.

Comments (8)

Jan 29, 2021 - 1:11pm

Banks have prop desks that can do this?  I'm not so sure there.  I am sure other hedge funds took shorts at much better levels and those are not a problem as much as the low dollar shorts that go parabolic - just think about the math.

It's pretty clear that the stop out hasn't happened yet - more the market sensing pain and squeezing them.

How can they legally put out statements that they closed out their position tho?

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Start Discussion

Total Avg Compensation

April 2021 Hedge Fund

  • Vice President (18) $520
  • Director/MD (10) $359
  • NA (4) $325
  • Portfolio Manager (7) $297
  • Manager (4) $282
  • 3rd+ Year Associate (18) $269
  • 2nd Year Associate (26) $251
  • Engineer/Quant (49) $233
  • 1st Year Associate (63) $188
  • Analysts (181) $168
  • Intern/Summer Associate (15) $125
  • Junior Trader (5) $102
  • Intern/Summer Analyst (203) $82