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 | |
|---|---|---|---|---|---|---|
|
XEC
3101
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $4.45M | ﹤0.01% |
92,800
+16,100
| +21% | +$762K |
|
3102
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $4.45M | ﹤0.01% |
37,300
+24,400
| +189% | +$2.92M |
|
3103
FlexShares STOXX Global ESG Select Index Fund
ESGG
$115M
| $4.45M | ﹤0.01% |
+44,669
| New | +$4.41M |
|
3104
PUT
Helen of Troy
HELE
$704M
| $4.45M | ﹤0.01% |
28,200
+17,600
| +166% | +$2.62M |
|
|
NVO
3105
PUT
Novo Nordisk
NVO
$201B
| $4.44M | ﹤0.01% |
171,600
-27,400
| -14% | -$693K |
|
3106
Douglas Dynamics
PLOW
$976M
| $4.43M | ﹤0.01% |
99,485
+20,671
| +26% | +$865K |
|
3107
PUT
argenx
ARGX
$53.3B
| $4.43M | ﹤0.01% |
38,900
+31,800
| +448% | +$4.3M |
|
3108
CALL
Cal-Maine
CALM
$3.8B
| $4.42M | ﹤0.01% |
110,700
+67,300
| +155% | +$2.8M |
|
|
IMMU
3109
PUT
DELISTED
Immunomedics Inc
IMMU
| $4.42M | ﹤0.01% |
333,200
+178,800
| +116% | +$2.63M |
|
3110
PUT
Dave & Buster's
PLAY
$354M
| $4.42M | ﹤0.01% |
113,400
-97,400
| -46% | -$3.92M |
|
3111
CALL
Packaging Corp of America
PKG
$22.8B
| $4.41M | ﹤0.01% |
41,600
-30,600
| -42% | -$3.1M |
|
3112
PUT
Hormel Foods
HRL
$13.5B
| $4.41M | ﹤0.01% |
100,900
-7,900
| -7% | -$332K |
|
3113
EnerSys
ENS
$7.34B
| $4.41M | ﹤0.01% |
66,869
-54,728
| -45% | -$3.44M |
|
|
SIVB
3114
CALL
DELISTED
SVB Financial Group
SIVB
| $4.41M | ﹤0.01% |
21,100
-5,300
| -20% | -$1.11M |
|
|
EIGR
3115
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $4.41M | ﹤0.01% |
14,331
+4,370
| +44% | +$1.42M |
|
|
TVTY
3116
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $4.4M | ﹤0.01% |
264,813
-50,805
| -16% | -$879K |
|
3117
CALL
CRISPR Therapeutics
CRSP
$5.18B
| $4.4M | ﹤0.01% |
107,300
+5,700
| +6% | +$272K |
|
|
CADE
3118
DELISTED
Cadence Bank
CADE
| $4.39M | ﹤0.01% |
148,329
+59,507
| +67% | +$1.7M |
|
3119
WisdomTree International SmallCap Dividend Fund
DLS
$1.09B
| $4.39M | ﹤0.01% |
+69,046
| New | +$4.36M |
|
3120
CALL
WEC Energy
WEC
$36B
| $4.38M | ﹤0.01% |
46,100
+30,200
| +190% | +$2.72M |
|
3121
PUT
Celanese
CE
$5.01B
| $4.38M | ﹤0.01% |
35,800
+13,900
| +63% | +$1.57M |
|
|
3122
CALL
argenx
ARGX
$53.3B
| $4.38M | ﹤0.01% |
38,400
+32,600
| +562% | +$4.41M |
|
3123
DMC Global
BOOM
$155M
| $4.38M | ﹤0.01% |
+99,504
| New | +$5M |
|
3124
CALL
Synaptics
SYNA
$4.25B
| $4.38M | ﹤0.01% |
109,500
-5,100
| -4% | -$172K |
|
3125
First Commonwealth Financial
FCF
$2.18B
| $4.37M | ﹤0.01% |
329,301
+11,496
| +4% | +$149K |
|
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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.