Ken Griffin Citadel Advisors
Ken Griffin founded Citadel, one of the world’s largest and most successful hedge funds. Starting his trading career from his Harvard dorm room at a young age, Griffin quickly developed a keen sense for markets and built Citadel into a global powerhouse with billions in assets under management. Known for his quantitative and technology-driven strategies, Griffin has also made headlines for significant philanthropic contributions, supporting causes in education, the arts, and public institutions. Over the years, he has earned recognition as one of the preeminent figures in modern finance.
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 | 5.41% |
| 2 | Financials | 4.35% |
| 3 | Industrials | 4.03% |
| 4 | Healthcare | 3.98% |
| 5 | Consumer Discretionary | 3.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2726
Applied Industrial Technologies
AIT
$13.3B
| $5.88M | ﹤0.01% |
103,588
+9,170
| +10% | +$516K |
|
2727
CALL
Cenovus Energy
CVE
$57.2B
| $5.88M | ﹤0.01% |
627,000
+311,600
| +99% | +$2.83M |
|
2728
PUT
ProShares UltraPro S&P 500
UPRO
$5.82B
| $5.88M | ﹤0.01% |
212,800
+66,200
| +45% | +$1.81M |
|
|
ZUO
2729
CALL
DELISTED
Zuora, Inc.
ZUO
| $5.88M | ﹤0.01% |
390,700
+132,800
| +51% | +$2M |
|
2730
CALL
Dave & Buster's
PLAY
$354M
| $5.88M | ﹤0.01% |
150,900
+82,800
| +122% | +$3.34M |
|
2731
Perdoceo Education
PRDO
$2B
| $5.87M | ﹤0.01% |
369,459
+158,011
| +75% | +$3.1M |
|
|
MSGN
2732
DELISTED
MSG Networks Inc.
MSGN
| $5.87M | ﹤0.01% |
361,962
+205,085
| +131% | +$3.67M |
|
2733
Interface
TILE
$2.19B
| $5.87M | ﹤0.01% |
406,281
+246,810
| +155% | +$3.23M |
|
|
BLU
2734
DELISTED
BELLUS Health Inc.
BLU
| $5.87M | ﹤0.01% |
+916,636
| New | +$6.47M |
|
|
HUD
2735
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $5.86M | ﹤0.01% |
477,285
+40,992
| +9% | +$508K |
|
|
CAMP
2736
PUT
DELISTED
CalAmp Corp.
CAMP
| $5.85M | ﹤0.01% |
22,070
+4,022
| +22% | +$992K |
|
2737
Cabot Corp
CBT
$4.54B
| $5.83M | ﹤0.01% |
128,676
+17,881
| +16% | +$771K |
|
2738
CALL
Exelixis
EXEL
$12.7B
| $5.83M | ﹤0.01% |
329,600
+15,800
| +5% | +$320K |
|
2739
Air Products & Chemicals
APD
$68.8B
| $5.83M | ﹤0.01% |
26,257
-169,002
| -87% | -$38M |
|
2740
MBIA
MBI
$264M
| $5.82M | ﹤0.01% |
630,690
-29,098
| -4% | -$272K |
|
|
ITCI
2741
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $5.81M | ﹤0.01% |
777,900
+669,800
| +620% | +$6.42M |
|
2742
Golar LNG
GLNG
$5.36B
| $5.8M | ﹤0.01% |
446,463
-545,305
| -55% | -$8.01M |
|
2743
Acadia Realty Trust
AKR
$2.86B
| $5.79M | ﹤0.01% |
202,572
-28,013
| -12% | -$780K |
|
2744
Patrick Industries
PATK
$2.76B
| $5.78M | ﹤0.01% |
202,284
+185,665
| +1,117% | +$5.15M |
|
|
REGI
2745
CALL
DELISTED
Renewable Energy Group, Inc.
REGI
| $5.78M | ﹤0.01% |
385,400
+143,800
| +60% | +$1.98M |
|
2746
PUT
Consolidated Edison
ED
$40.2B
| $5.78M | ﹤0.01% |
61,200
-3,100
| -5% | -$275K |
|
2747
Alerian MLP ETF
AMLP
$13.2B
| $5.78M | ﹤0.01% |
126,501
-5,600
| -4% | -$265K |
|
2748
CALL
Innovative Industrial Properties
IIPR
$1.62B
| $5.77M | ﹤0.01% |
62,500
+5,200
| +9% | +$548K |
|
2749
PUT
Teck Resources
TECK
$31.2B
| $5.77M | ﹤0.01% |
355,700
-11,800
| -3% | -$223K |
|
2750
Schwab US TIPS ETF
SCHP
$16.2B
| $5.77M | ﹤0.01% |
+203,324
| New | +$5.76M |
|
Similar funds
Ken Griffin's Q3 2019 Portfolio in Review
As of Q3 2019, Ken Griffin held 10,267 positions worth $212B, down 2.8% from $218B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Ken Griffin 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 5.4% of assets, down from 5.6% a quarter earlier, followed by Financials and Industrials.
Against the trend, Ken Griffin opened a new position in KKR & Co worth $200M.
- Ken Griffin's largest Q3 2019 buy was KKR & Co: 7,452,706 shares worth $200M.
- Ken Griffin added most to Verizon in Q3 2019, an estimated $531M increase.
- Ken Griffin's biggest Q3 2019 reduction was Adobe, cutting an estimated $381M.
- Ken Griffin fully exited Red Hat Inc in Q3 2019, selling an estimated $541M.
- Ken Griffin's ten largest holdings make up 20% of its $212B portfolio in Q3 2019.
- Ken Griffin opened 1,180 new positions and closed 1,180 in Q3 2019.
- Ken Griffin'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.