Citadel Global Equities was up 6.3% in the quarter, while the firm's Tactical Trading and Global Fixed Income funds rose 7.6% and 2.05%, respectively.

Citadel, which manages $59 billion in assets, declined to comment.

Hedge funds are starting to unveil to investors their performances for the first quarter, a period when most stocks indexes rallied, along with a rise in the dollar and a rise in yields of the 10-year U.S. Treasury.

The MSCI World index gained 7.08% in the first quarter, while the S&P 500 advanced 9.09%.

Schonfeld Strategic Advisors, with $10 billion in assets, ended the first quarter with a 6.2% gain in its flagship fund Strategic Partners, a source familiar with the matter said.

Schonfeld's Fundamental Equity fund rose 5.9% in the quarter, the source added. Quantitative strategies, tactical trading and Asia helped boost both funds' performance in the period.

(Reporting by Carolina Mandl in New York; Editing by Kirsten Donovan and Leslie Adler)

By Carolina Mandl