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 |
Amazon
AMZN
|
+$615M |
| 2 |
Uber
UBER
|
+$551M |
| 3 |
Expedia Group
EXPE
|
+$523M |
| 4 |
PayPal
PYPL
|
+$452M |
| 5 |
Eaton
ETN
|
+$408M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$681M |
| 2 |
RTN
Raytheon Company
RTN
|
+$543M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$537M |
| 4 |
Charter Communications
CHTR
|
+$472M |
| 5 |
SPDR Gold Trust
GLD
|
+$464M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.29% |
| 2 | Financials | 4.55% |
| 3 | Industrials | 4.18% |
| 4 | Healthcare | 4.08% |
| 5 | Consumer Discretionary | 3.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2751
National Presto Industries
NPK
$1B
| $5.81M | ﹤0.01% |
65,703
-19,323
| -23% | -$1.68M |
|
2752
Fortis
FTS
$29B
| $5.8M | ﹤0.01% |
139,698
-746,742
| -84% | -$30.5M |
|
|
DX
2753
Dynex Capital
DX
$3.24B
| $5.8M | ﹤0.01% |
342,111
+85,905
| +34% | +$1.39M |
|
2754
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$84.3M
| $5.79M | ﹤0.01% |
+194,568
| New | +$5.76M |
|
2755
PUT
McCormick & Company Non-Voting
MKC
$14.7B
| $5.79M | ﹤0.01% |
68,200
-100,000
| -59% | -$8.28M |
|
|
CYBR
2756
DELISTED
CyberArk
CYBR
| $5.78M | ﹤0.01% |
49,598
-386,948
| -89% | -$43.4M |
|
2757
Manhattan Associates
MANH
$11.5B
| $5.78M | ﹤0.01% |
72,488
+2,345
| +3% | +$186K |
|
2758
Cerus
CERS
$601M
| $5.78M | ﹤0.01% |
1,369,704
+285,223
| +26% | +$1.23M |
|
2759
CALL
STMicroelectronics
STM
$48.5B
| $5.78M | ﹤0.01% |
214,700
+90,100
| +72% | +$2.13M |
|
2760
Akebia Therapeutics
AKBA
$242M
| $5.74M | ﹤0.01% |
908,220
+537,470
| +145% | +$2.55M |
|
2761
CALL
Tapestry
TPR
$25.7B
| $5.74M | ﹤0.01% |
212,700
-132,400
| -38% | -$3.45M |
|
2762
CALL
TotalEnergies
TTE
$196B
| $5.74M | ﹤0.01% |
103,700
-274,500
| -73% | -$14.5M |
|
2763
Navient
NAVI
$860M
| $5.73M | ﹤0.01% |
419,085
-740,214
| -64% | -$9.96M |
|
2764
CALL
Caesars Entertainment
CZR
$6.06B
| $5.73M | ﹤0.01% |
96,100
-94,000
| -49% | -$4.65M |
|
2765
Northwest Bancshares
NWBI
$2.31B
| $5.73M | ﹤0.01% |
344,411
-18,999
| -5% | -$318K |
|
2766
State Street Health Care Select Sector SPDR ETF
XLV
$43.8B
| $5.7M | ﹤0.01% |
55,979
-42,302
| -43% | -$4.07M |
|
2767
PUT
PagSeguro Digital
PAGS
$2.4B
| $5.69M | ﹤0.01% |
166,500
-7,400
| -4% | -$266K |
|
2768
Progress Software
PRGS
$1.79B
| $5.69M | ﹤0.01% |
136,854
+7,087
| +5% | +$288K |
|
2769
CALL
Restaurant Brands International
QSR
$27.1B
| $5.67M | ﹤0.01% |
88,900
+15,300
| +21% | +$1.02M |
|
2770
CONMED
CNMD
$1.51B
| $5.66M | ﹤0.01% |
50,628
-47,571
| -48% | -$5.07M |
|
2771
Orthofix Medical
OFIX
$421M
| $5.66M | ﹤0.01% |
122,547
+65,287
| +114% | +$3.07M |
|
2772
CALL
Nutrien
NTR
$32.6B
| $5.66M | ﹤0.01% |
118,100
-32,300
| -21% | -$1.56M |
|
2773
Horace Mann Educators
HMN
$2.13B
| $5.65M | ﹤0.01% |
129,480
+47,122
| +57% | +$2.08M |
|
2774
State Street SPDR S&P Insurance ETF
KIE
$684M
| $5.64M | ﹤0.01% |
159,240
+20,516
| +15% | +$717K |
|
2775
CALL
Molina Healthcare
MOH
$11.1B
| $5.63M | ﹤0.01% |
41,500
-4,800
| -10% | -$605K |
|
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Ken Griffin's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Griffin held 10,299 positions worth $230B, up 8.7% from $212B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Griffin withdrew a net $8.18B in Q4 2019, closing 1,265 positions and reducing 4,117 holdings. Its most notable exit was Celgene Corp, an estimated $681M 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, Ken Griffin opened a new position in Interxion Holding N.V. worth $83.9M.
- Ken Griffin's largest Q4 2019 buy was Interxion Holding N.V.: 1,000,931 shares worth $83.9M.
- Ken Griffin added most to Amazon in Q4 2019, an estimated $615M increase.
- Ken Griffin's biggest Q4 2019 reduction was Raytheon Company, cutting an estimated $543M.
- Ken Griffin fully exited Celgene Corp in Q4 2019, selling an estimated $681M.
- Ken Griffin's ten largest holdings make up 23% of its $230B portfolio in Q4 2019.
- Ken Griffin opened 1,220 new positions and closed 1,265 in Q4 2019.
- Ken Griffin's portfolio value rose 8.7% quarter-over-quarter to $230B.
Based on Citadel Advisors's 13F filing for Q4 2019, filed 14 Feb 2020.