Citadel is not a pure play quant fund, they have a ton of PMs doing conventional fundamental equities

Ok, my mistake. Not a chance was the wrong way to put it.

The point is hedge funds have no fundamental link to algorithmic trading or requiring low level GPU optimization as a core competency.

Some of them do, and maybe the number is growing, but it’s a subset, not something that defines what a hedge fund has to be.