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 |
Morgan Stanley
MS
|
+$798M |
| 2 |
AT&T
T
|
+$527M |
| 3 |
Microchip Technology
MCHP
|
+$472M |
| 4 |
Netflix
NFLX
|
+$446M |
| 5 |
PNC Financial Services
PNC
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$694M |
| 2 |
KeyCorp
KEY
|
+$401M |
| 3 |
Deere & Co
DE
|
+$322M |
| 4 |
CSX Corp
CSX
|
+$318M |
| 5 |
NXP Semiconductors
NXPI
|
+$314M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 5.91% |
| 2 | Technology | 4.35% |
| 3 | Healthcare | 4.25% |
| 4 | Industrials | 4.06% |
| 5 | Consumer Discretionary | 3.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
401
PUT
DELISTED
Allergan plc
AGN
| $103M | 0.05% |
542,800
-231,000
| -30% | -$42.4M |
|
402
PUT
Merck
MRK
$322B
| $103M | 0.05% |
1,517,190
+163,384
| +12% | +$10.4M |
|
403
CALL
Wynn Resorts
WYNN
$10.8B
| $103M | 0.05% |
807,600
+328,800
| +69% | +$48.8M |
|
404
CoStar Group
CSGP
$12.6B
| $102M | 0.05% |
2,425,280
+1,494,150
| +160% | +$63.9M |
|
405
CALL
ProShares UltraPro QQQ
TQQQ
$36.7B
| $102M | 0.05% |
11,428,800
-446,400
| -4% | -$3.69M |
|
406
iShares Russell 2000 ETF
IWM
$81.8B
| $102M | 0.05% |
602,372
+480,415
| +394% | +$81.1M |
|
407
Steel Dynamics
STLD
$37.8B
| $102M | 0.05% |
2,246,324
+2,030,630
| +941% | +$93.5M |
|
|
ATHN
408
DELISTED
Athenahealth, Inc.
ATHN
| $101M | 0.05% |
759,533
+705,832
| +1,314% | +$106M |
|
409
Hilton Worldwide
HLT
$70.8B
| $101M | 0.05% |
1,253,476
-635,197
| -34% | -$50M |
|
|
SIVB
410
DELISTED
SVB Financial Group
SIVB
| $101M | 0.05% |
325,183
+216,667
| +200% | +$68.4M |
|
|
CMA
411
DELISTED
Comerica
CMA
| $101M | 0.05% |
1,118,362
-1,995,329
| -64% | -$190M |
|
|
CDK
412
DELISTED
CDK Global, Inc.
CDK
| $101M | 0.04% |
1,609,887
+364,513
| +29% | +$23.1M |
|
|
VXX
413
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $101M | 0.04% |
3,774,100
-565,200
| -13% | -$17M |
|
414
Willis Towers Watson
WTW
$31.8B
| $100M | 0.04% |
711,331
-666,803
| -48% | -$101M |
|
415
Intuit
INTU
$92B
| $100M | 0.04% |
440,758
+146,963
| +50% | +$31.6M |
|
416
PUT
Petrobras
PBR
$116B
| $100M | 0.04% |
8,299,200
-930,000
| -10% | -$10.3M |
|
417
PUT
Ulta Beauty
ULTA
$23.3B
| $99.7M | 0.04% |
353,500
+112,200
| +46% | +$28.6M |
|
418
Blackrock
BLK
$178B
| $99.2M | 0.04% |
210,447
+140,526
| +201% | +$68.3M |
|
|
WCG
419
DELISTED
Wellcare Health Plans, Inc.
WCG
| $99.1M | 0.04% |
309,061
-201,632
| -39% | -$57.2M |
|
420
PUT
Amgen
AMGN
$224B
| $99M | 0.04% |
477,400
+56,700
| +13% | +$11.2M |
|
421
Teck Resources
TECK
$32.4B
| $98.8M | 0.04% |
4,097,827
+2,485,569
| +154% | +$59.8M |
|
422
PUT
Applied Materials
AMAT
$417B
| $98.3M | 0.04% |
2,543,500
+17,500
| +0.7% | +$774K |
|
423
PUT
UnitedHealth
UNH
$365B
| $98.1M | 0.04% |
368,700
-21,500
| -6% | -$5.59M |
|
424
Estee Lauder
EL
$31.8B
| $97.9M | 0.04% |
673,427
+554,217
| +465% | +$76.9M |
|
425
PUT
Philip Morris
PM
$290B
| $97.3M | 0.04% |
1,193,300
+168,900
| +16% | +$13.9M |
|
Similar funds
Citadel Advisors's Q3 2018 Portfolio in Review
As of Q3 2018, Citadel Advisors held 10,190 positions worth $224B, up 10% from $203B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Citadel Advisors deployed $7.48B of net new capital in Q3 2018, opening 1,427 new positions and adding to 4,227 existing holdings. Its largest new stake was Alibaba: 1,030,311 shares worth $170M.
By sector, the portfolio is most concentrated in Financials at 5.9% of assets, down from 6.2% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $694M trimmed.
- Citadel Advisors's largest Q3 2018 buy was Alibaba: 1,030,311 shares worth $170M.
- Citadel Advisors added most to Morgan Stanley in Q3 2018, an estimated $798M increase.
- Citadel Advisors's biggest Q3 2018 reduction was Goldman Sachs, cutting an estimated $694M.
- Citadel Advisors fully exited XL Group Ltd. in Q3 2018, selling an estimated $207M.
- Citadel Advisors's ten largest holdings make up 25% of its $224B portfolio in Q3 2018.
- Citadel Advisors opened 1,427 new positions and closed 1,044 in Q3 2018.
- Citadel Advisors's portfolio value rose 10% quarter-over-quarter to $224B.
Based on Citadel Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.