A post by @FirstSquawk on X.

Hedge fund Walleye is returning part of its capital to clients, according to a client letter cited in a First Squawk tweet. The firm did not disclose the size of the distribution or the share of assets affected in the headline. The move signals that a fund manager is opting to hand money back rather than deploy it, a step typically taken when opportunities are judged thin or when a firm is resizing its risk. Investors will watch for the formal letter's details on how much capital is being returned, which strategies or positions are being trimmed, and whether the reduction is a one-off rebalancing or the start of a broader shift in the fund's footprint.