Point72, the $50.7 billion hedge fund run by Steve Cohen, kept up its solid streak by posting a 2% return in May, according to a source familiar with the firm.

The result lifts the fund to 10.5% for the year after it delivered a 17.5% gain in 2025 and beat key multistrategy peers including Millennium and Citadel.

May proved favorable for several large managers, sources close to the firms said. Millennium rose 2.4%, bringing its 2026 return to 6.1%. Balyasny moved into positive territory for the year with a 1.4% gain last month. Citadel also advanced 1.4% in May and now stands at 3.9% for 2026.

Even so, many funds trailed the broader equity rally, which was fueled by enthusiasm for technology and AI shares. The S&P 500 finished the month up 11% following a gain of more than 5% in May.

A handful of managers finished lower. Walleye and North Rock each recorded modest declines of 0.9% and 0.2% respectively.

The funds listed below declined to comment.

Editor's note: This story was originally published on June 3 at 12:16 p.m. New figures have been added to the table below as they have been learned.

Fund	May performance	2026 performance
Pinpoint Asset Management	2.4%	11.9%
Dymon Asia	2%	11%
Point72	2%	10.5%
Millennium	2.4%	6.1%
Schonfeld Partners	2.6%	5.7%
Man Group 1783	0%	5.6%
North Rock	-0.2%	5.2%
LMR	2.1%	4.4%
Boothbay	0.7%	4.3%
ExodusPoint	2.4%	4.1%
Citadel Wellington	1.4%	3.9%
Verition	1%	3.8%
Balyasny	1.4%	0.6%
Jain Global	0.1%	0.6%
Walleye	-0.9%	0.5%