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 | |
|---|---|---|---|---|---|---|
3176
Universal Insurance Holdings
UVE
$1.2B
| $4.2M | ﹤0.01% |
140,041
+109,764
| +363% | +$3M |
|
3177
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $4.2M | ﹤0.01% |
23,306
-1,839
| -7% | -$332K |
|
|
SWN
3178
DELISTED
Southwestern Energy Company
SWN
| $4.19M | ﹤0.01% |
2,172,827
+1,485,900
| +216% | +$3.19M |
|
3179
PUT
BJ's Restaurants
BJRI
$1.45B
| $4.19M | ﹤0.01% |
107,900
+97,200
| +908% | +$3.75M |
|
3180
PUT
Insperity
NSP
$1.99B
| $4.19M | ﹤0.01% |
42,500
+33,000
| +347% | +$3.58M |
|
|
WW
3181
PUT
DELISTED
WW International
WW
| $4.19M | ﹤0.01% |
110,800
-29,000
| -21% | -$819K |
|
|
PRSP
3182
DELISTED
Perspecta Inc. Common Stock
PRSP
| $4.19M | ﹤0.01% |
160,380
-1,008,651
| -86% | -$24.7M |
|
|
CIT
3183
CALL
DELISTED
CIT Group Inc.
CIT
| $4.19M | ﹤0.01% |
92,400
+29,800
| +48% | +$1.39M |
|
3184
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $4.18M | ﹤0.01% |
+1,113
| New | +$4.23M |
|
3185
PUT
Ionis Pharmaceuticals
IONS
$9.51B
| $4.18M | ﹤0.01% |
69,700
-14,200
| -17% | -$925K |
|
3186
Benchmark Electronics
BHE
$2.94B
| $4.17M | ﹤0.01% |
143,663
+128,371
| +839% | +$3.43M |
|
|
AEL
3187
DELISTED
American Equity Investment Life Holding Company
AEL
| $4.17M | ﹤0.01% |
172,457
-578,832
| -77% | -$14M |
|
|
CLVS
3188
DELISTED
Clovis Oncology, Inc.
CLVS
| $4.17M | ﹤0.01% |
1,061,866
-275,294
| -21% | -$2.23M |
|
|
BBBY
3189
DELISTED
Bed Bath & Beyond Inc
BBBY
| $4.17M | ﹤0.01% |
391,707
-172,363
| -31% | -$1.66M |
|
3190
PUT
American Eagle Outfitters
AEO
$2.71B
| $4.16M | ﹤0.01% |
256,700
+123,700
| +93% | +$2.06M |
|
3191
Blackstone
BX
$108B
| $4.16M | ﹤0.01% |
85,120
-68,679
| -45% | -$3.35M |
|
|
XIFR
3192
XPLR Infrastructure LP
XIFR
$1.11B
| $4.15M | ﹤0.01% |
78,603
+13,861
| +21% | +$697K |
|
3193
PUT
Norwegian Cruise Line
NCLH
$8.73B
| $4.15M | ﹤0.01% |
80,200
+18,100
| +29% | +$918K |
|
3194
PUT
Cal-Maine
CALM
$3.8B
| $4.15M | ﹤0.01% |
103,900
+77,000
| +286% | +$3.2M |
|
3195
PUT
Chegg
CHGG
$87.5M
| $4.15M | ﹤0.01% |
138,600
+9,200
| +7% | +$365K |
|
3196
CALL
PACCAR
PCAR
$68.8B
| $4.14M | ﹤0.01% |
88,800
-16,950
| -16% | -$773K |
|
|
FLXN
3197
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $4.14M | ﹤0.01% |
302,140
+169,582
| +128% | +$2.01M |
|
|
CMD
3198
DELISTED
Cantel Medical Corporation
CMD
| $4.14M | ﹤0.01% |
55,323
+49,094
| +788% | +$4.16M |
|
3199
Annaly Capital Management
NLY
$17.6B
| $4.14M | ﹤0.01% |
117,500
-2,152,957
| -95% | -$77.6M |
|
|
JPUS
3200
JPMorgan Diversified Return US Equity ETF
JPUS
$469M
| $4.13M | ﹤0.01% |
54,448
+7,742
| +17% | +$582K |
|
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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.