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 |
Verizon
VZ
|
+$531M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$479M |
| 3 |
Charter Communications
CHTR
|
+$431M |
| 4 |
SPDR Gold Trust
GLD
|
+$431M |
| 5 |
RTN
Raytheon Company
RTN
|
+$317M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RHT
Red Hat Inc
RHT
|
+$541M |
| 2 |
Adobe
ADBE
|
+$381M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$355M |
| 4 |
Philip Morris
PM
|
+$339M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$317M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.29% |
| 2 | Financials | 4.31% |
| 3 | Industrials | 4.01% |
| 4 | Healthcare | 3.77% |
| 5 | Consumer Discretionary | 3.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
TransUnion
TRU
$15.3B
| $227M | 0.11% |
2,797,149
-1,614,325
| -37% | -$130M |
|
|
127
Adobe
ADBE
$103B
| $225M | 0.11% |
813,990
-1,304,644
| -62% | -$381M |
|
128
Owens Corning
OC
$12.3B
| $223M | 0.11% |
3,535,939
+1,443,901
| +69% | +$82.7M |
|
129
Broadcom
AVGO
$1.99T
| $223M | 0.11% |
8,087,940
-9,011,270
| -53% | -$256M |
|
130
Merck
MRK
$317B
| $223M | 0.11% |
2,771,109
+2,044,502
| +281% | +$164M |
|
131
PUT
Western Digital
WDC
$179B
| $222M | 0.1% |
4,925,926
+763,900
| +18% | +$32.6M |
|
132
PUT
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| $222M | 0.1% |
5,428,000
+748,500
| +16% | +$30.9M |
|
133
Alliant Energy
LNT
$18.2B
| $221M | 0.1% |
4,096,786
-55,422
| -1% | -$2.85M |
|
134
PUT
IBM
IBM
$222B
| $220M | 0.1% |
1,582,075
-39,539
| -2% | -$5.33M |
|
135
PUT
Bank of America
BAC
$442B
| $219M | 0.1% |
7,498,400
+932,500
| +14% | +$26.8M |
|
136
PUT
VanEck Gold Miners ETF
GDX
$25.5B
| $219M | 0.1% |
8,181,300
+4,433,600
| +118% | +$124M |
|
137
CALL
Berkshire Hathaway Class B
BRK.B
$1.12T
| $218M | 0.1% |
1,048,500
+84,200
| +9% | +$17.3M |
|
138
PUT
Lam Research
LRCX
$385B
| $217M | 0.1% |
9,402,000
+2,686,000
| +40% | +$56.4M |
|
139
Diamondback Energy
FANG
$52.4B
| $216M | 0.1% |
2,407,300
+209,941
| +10% | +$20.9M |
|
|
140
CALL
IBM
IBM
$222B
| $216M | 0.1% |
1,554,879
-171,544
| -10% | -$23.1M |
|
|
141
CALL
Broadcom
AVGO
$1.99T
| $215M | 0.1% |
7,796,000
-1,278,000
| -14% | -$36.3M |
|
142
PUT
McDonald's
MCD
$195B
| $214M | 0.1% |
996,600
+64,100
| +7% | +$13.7M |
|
143
PPG Industries
PPG
$26.5B
| $212M | 0.1% |
1,786,995
-888,741
| -33% | -$102M |
|
|
XYZ
144
Block Inc
XYZ
$50.1B
| $211M | 0.1% |
3,411,901
+2,509,342
| +278% | +$170M |
|
145
Cigna
CI
$71.5B
| $210M | 0.1% |
1,383,263
+1,305,569
| +1,680% | +$212M |
|
146
Stanley Black & Decker
SWK
$15.6B
| $209M | 0.1% |
1,447,013
-716,853
| -33% | -$101M |
|
|
147
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| $209M | 0.1% |
5,111,100
-757,700
| -13% | -$31.3M |
|
148
PUT
State Street SPDR S&P Biotech ETF
XBI
$9.99B
| $209M | 0.1% |
2,735,200
+760,000
| +38% | +$63.2M |
|
149
The Mosaic Company
MOS
$7.44B
| $207M | 0.1% |
10,090,258
+239,687
| +2% | +$5.22M |
|
150
Exelon
EXC
$47.1B
| $206M | 0.1% |
5,971,668
+2,241,888
| +60% | +$75.3M |
|
Similar funds
Citadel Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Citadel Advisors held 10,267 positions worth $212B, down 2.8% from $218B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Citadel Advisors withdrew a net $9.1B in Q3 2019, closing 1,180 positions and reducing 3,668 holdings. Its most notable exit was Red Hat Inc, an estimated $541M position sold in full.
By sector, the portfolio is most concentrated in Technology at 5.3% of assets, down from 5.4% a quarter earlier, followed by Financials and Industrials.
Against the trend, Citadel Advisors opened a new position in KKR & Co worth $200M.
- Citadel Advisors's largest Q3 2019 buy was KKR & Co: 7,452,706 shares worth $200M.
- Citadel Advisors added most to Verizon in Q3 2019, an estimated $531M increase.
- Citadel Advisors's biggest Q3 2019 reduction was Adobe, cutting an estimated $381M.
- Citadel Advisors fully exited Red Hat Inc in Q3 2019, selling an estimated $541M.
- Citadel Advisors's ten largest holdings make up 20% of its $212B portfolio in Q3 2019.
- Citadel Advisors opened 1,181 new positions and closed 1,180 in Q3 2019.
- Citadel Advisors's portfolio value fell 2.8% quarter-over-quarter to $212B.
Based on Citadel Advisors's 13F filing for Q3 2019, filed 14 Nov 2019.