Citadel Advisors Portfolio holdings
Citadel Advisors, founded in 1990 by Kenneth C. Griffin as Citadel LLC and headquartered in Chicago, Illinois, is one of the world’s most prominent hedge funds, managing tens of billions in assets through sophisticated quantitative trading strategies. The firm excels in market-making and high-frequency trading across asset classes like equities, fixed income, options, and commodities, leveraging cutting-edge technology and data analysis to generate returns. Citadel operates two main arms: its hedge fund business, which serves institutional and high-net-worth investors, and Citadel Securities, a leading market maker that facilitates a significant portion of U.S. equity and options trades. Known for its secretive, high-performance culture, Citadel has grown into a financial titan under Griffin’s leadership, influencing global markets with its scale and innovation.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$640M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$501M |
| 3 |
Digital Realty Trust
DLR
|
+$438M |
| 4 |
Intuitive Surgical
ISRG
|
+$437M |
| 5 |
Amazon
AMZN
|
+$420M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$545M |
| 2 |
DexCom
DXCM
|
+$457M |
| 3 |
AT&T
T
|
+$431M |
| 4 |
Palo Alto Networks
PANW
|
+$416M |
| 5 |
Humana
HUM
|
+$394M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.01% |
| 2 | Healthcare | 2.92% |
| 3 | Consumer Discretionary | 1.99% |
| 4 | Financials | 1.93% |
| 5 | Industrials | 1.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Merck
MRK
$323B
| $212M | 0.04% |
1,839,871
+1,068,727
| +139% | +$121M |
|
302
Visa
V
$675B
| $212M | 0.04% |
891,738
-1,359,332
| -60% | -$311M |
|
303
Boeing
BA
$184B
| $212M | 0.04% |
1,002,379
+409,490
| +69% | +$85.1M |
|
304
CME Group
CME
$94.8B
| $211M | 0.04% |
1,139,008
-168,393
| -13% | -$31.1M |
|
305
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $209M | 0.04% |
1,574,900
+368,100
| +31% | +$48.5M |
|
306
CALL
Moderna
MRNA
$23.9B
| $208M | 0.04% |
1,708,300
-701,800
| -29% | -$93.6M |
|
307
CALL
NextEra Energy
NEE
$177B
| $207M | 0.04% |
2,792,400
+980,400
| +54% | +$74.2M |
|
308
Dynatrace
DT
$14.6B
| $206M | 0.04% |
4,001,549
+1,511,027
| +61% | +$70.8M |
|
309
PUT
ServiceNow
NOW
$132B
| $205M | 0.04% |
1,825,500
-271,000
| -13% | -$27.1M |
|
310
PUT
Strategy Inc
MSTR
$38.3B
| $204M | 0.04% |
5,968,000
-2,292,000
| -28% | -$69.5M |
|
311
Shopify
SHOP
$200B
| $204M | 0.04% |
3,161,967
+1,704,417
| +117% | +$96.3M |
|
312
CALL
American Express
AXP
$229B
| $204M | 0.04% |
1,169,500
+156,800
| +15% | +$25.3M |
|
313
CALL
American Airlines Group
AAL
$9.93B
| $203M | 0.04% |
11,324,100
+2,986,900
| +36% | +$43.8M |
|
314
PUT
Cheniere Energy
LNG
$54.9B
| $202M | 0.04% |
1,328,200
+292,000
| +28% | +$43.2M |
|
315
PUT
Amgen
AMGN
$226B
| $202M | 0.04% |
910,000
+60,200
| +7% | +$14M |
|
316
PUT
United Rentals
URI
$70.8B
| $202M | 0.04% |
452,500
+110,900
| +32% | +$41.1M |
|
317
ON Semiconductor
ON
$31.1B
| $201M | 0.04% |
2,125,637
+1,031,025
| +94% | +$85.3M |
|
318
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.62B
| $201M | 0.04% |
1,560,200
-1,099,500
| -41% | -$138M |
|
|
HES
319
DELISTED
Hess
HES
| $201M | 0.04% |
1,477,034
+134,399
| +10% | +$18.4M |
|
320
Union Pacific
UNP
$174B
| $201M | 0.04% |
981,140
+864,166
| +739% | +$172M |
|
|
SCHW
321
Charles Schwab
SCHW
$187B
| $200M | 0.04% |
3,528,914
+1,425,507
| +68% | +$74.7M |
|
322
CALL
Accenture
ACN
$109B
| $200M | 0.04% |
647,800
-311,600
| -32% | -$90.5M |
|
323
CALL
Northrop Grumman
NOC
$82.1B
| $200M | 0.04% |
438,200
+61,800
| +16% | +$28M |
|
324
Bruker
BRKR
$8.58B
| $199M | 0.04% |
2,696,942
+1,320,799
| +96% | +$101M |
|
325
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.56B
| $199M | 0.04% |
4,873,300
-3,507,900
| -42% | -$144M |
|
Similar funds
Citadel Advisors's Q2 2023 Portfolio in Review
As of Q2 2023, Citadel Advisors held 15,826 positions worth $484B, up 6.4% from $455B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Citadel Advisors withdrew a net $16.6B in Q2 2023, closing 1,563 positions and reducing 7,223 holdings. Its most notable exit was State Street Industrial Select Sector SPDR ETF, an estimated $192M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.2% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Citadel Advisors opened a new position in BILL Holdings worth $222M.
- Citadel Advisors's largest Q2 2023 buy was BILL Holdings: 1,901,064 shares worth $222M.
- Citadel Advisors added most to Microsoft in Q2 2023, an estimated $640M increase.
- Citadel Advisors's biggest Q2 2023 reduction was NVIDIA, cutting an estimated $545M.
- Citadel Advisors fully exited State Street Industrial Select Sector SPDR ETF in Q2 2023, selling an estimated $192M.
- Citadel Advisors's ten largest holdings make up 36% of its $484B portfolio in Q2 2023.
- Citadel Advisors opened 1,205 new positions and closed 1,563 in Q2 2023.
- Citadel Advisors's portfolio value rose 6.4% quarter-over-quarter to $484B.
Based on Citadel Advisors's 13F filing for Q2 2023, filed 14 Aug 2023.