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 |
SLB Ltd
SLB
|
+$399M |
| 2 |
Western Digital
WDC
|
+$286M |
| 3 |
Citizens Financial Group
CFG
|
+$272M |
| 4 |
NXP Semiconductors
NXPI
|
+$261M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Pacific Kansas City
CP
|
+$399M |
| 2 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$322M |
| 3 |
Chubb
CB
|
+$284M |
| 4 |
Hilton Worldwide
HLT
|
+$263M |
| 5 |
PLL
PALL CORP
PLL
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.21% |
| 2 | Consumer Discretionary | 7.43% |
| 3 | Technology | 6.56% |
| 4 | Industrials | 6.01% |
| 5 | Energy | 5.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Reinsurance Group of America
RGA
$16B
| $66.6M | 0.06% |
735,174
+673,064
| +1,084% | +$63.3M |
|
|
ANAC
302
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $66.6M | 0.06% |
565,531
+397,538
| +237% | +$51.9M |
|
|
SRG
303
Seritage Growth Properties
SRG
$135M
| $66.4M | 0.06% |
+1,781,243
| New | +$70.6M |
|
304
CALL
iShares MSCI Australia ETF
EWA
$1.46B
| $66.3M | 0.06% |
2,427,700
+1,090,900
| +82% | +$21.4M |
|
305
CALL
McDonald's
MCD
$193B
| $66.3M | 0.06% |
672,600
-68,400
| -9% | -$6.66M |
|
306
CALL
Nike
NKE
$60.3B
| $66M | 0.06% |
1,073,400
-625,000
| -37% | -$35.4M |
|
307
PUT
Caterpillar
CAT
$397B
| $65.9M | 0.06% |
1,008,500
-40,100
| -4% | -$3.07M |
|
308
Lowe's Companies
LOW
$120B
| $65.9M | 0.06% |
956,395
+268,294
| +39% | +$18.4M |
|
309
Masco
MAS
$14.6B
| $65.5M | 0.06% |
2,601,305
+1,878,900
| +260% | +$48.2M |
|
310
PUT
Verizon
VZ
$195B
| $64.7M | 0.06% |
1,488,100
+232,200
| +18% | +$10.7M |
|
311
CVS Health
CVS
$120B
| $64.3M | 0.06% |
666,316
+643,937
| +2,877% | +$67.7M |
|
|
312
PUT
Nike
NKE
$60.3B
| $64.1M | 0.06% |
1,043,000
+324,200
| +45% | +$18.3M |
|
313
PUT
Bausch Health
BHC
$2.29B
| $64.1M | 0.06% |
359,300
+134,000
| +59% | +$31.2M |
|
|
CELG
314
PUT
DELISTED
Celgene Corp
CELG
| $63.4M | 0.06% |
585,800
+74,200
| +15% | +$9.21M |
|
|
RDUS
315
DELISTED
Radius Health, Inc.
RDUS
| $63.4M | 0.06% |
914,042
+227,089
| +33% | +$15.8M |
|
|
VXX
316
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $63.2M | 0.06% |
154,256
+33,406
| +28% | +$11.1M |
|
317
CALL
Starbucks
SBUX
$121B
| $63.1M | 0.06% |
1,109,600
-25,400
| -2% | -$1.42M |
|
|
GPT
318
DELISTED
Gramercy Property Trust
GPT
| $62.9M | 0.06% |
1,010,130
-273,434
| -21% | -$18.9M |
|
319
CALL
FedEx
FDX
$76.2B
| $62.6M | 0.06% |
435,100
+290,300
| +200% | +$46.3M |
|
320
PUT
Citigroup
C
$232B
| $62.5M | 0.06% |
1,259,800
+163,700
| +15% | +$8.94M |
|
321
Cencora
COR
$61.2B
| $62.2M | 0.06% |
654,332
+419,323
| +178% | +$44M |
|
322
Meritage Homes
MTH
$4.7B
| $61.8M | 0.06% |
3,384,786
-2,117,588
| -38% | -$45.5M |
|
323
Antero Resources
AR
$11.6B
| $61.7M | 0.06% |
2,915,378
-579,613
| -17% | -$15.4M |
|
324
Intercontinental Exchange
ICE
$84.8B
| $61.6M | 0.06% |
1,310,305
-281,535
| -18% | -$13M |
|
325
CALL
Intuitive Surgical
ISRG
$141B
| $61.5M | 0.06% |
1,204,200
-96,300
| -7% | -$5.45M |
|
Similar funds
Ken Griffin's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Griffin held 9,776 positions worth $105B, down 8.7% from $115B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Ken Griffin withdrew a net $4.92B in Q3 2015, closing 925 positions and reducing 3,925 holdings. Its most notable exit was CATAMARAN CORP COM STK (CDA), an estimated $322M position sold in full.
By sector, the portfolio is most concentrated in Financials at 8.2% of assets, up from 7.8% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Ken Griffin opened a new position in Citizens Financial Group worth $254M.
- Ken Griffin's largest Q3 2015 buy was Citizens Financial Group: 10,652,034 shares worth $254M.
- Ken Griffin added most to SLB Ltd in Q3 2015, an estimated $399M increase.
- Ken Griffin's biggest Q3 2015 reduction was Canadian Pacific Kansas City, cutting an estimated $399M.
- Ken Griffin fully exited CATAMARAN CORP COM STK (CDA) in Q3 2015, selling an estimated $322M.
- Ken Griffin's ten largest holdings make up 18% of its $105B portfolio in Q3 2015.
- Ken Griffin opened 1,066 new positions and closed 925 in Q3 2015.
- Ken Griffin's portfolio value fell 8.7% quarter-over-quarter to $105B.
Based on Citadel Advisors's 13F filing for Q3 2015, filed 16 Nov 2015.