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
|
+$861M |
| 2 |
Apple
AAPL
|
+$417M |
| 3 |
JPMorgan Chase
JPM
|
+$350M |
| 4 |
T-Mobile US
TMUS
|
+$337M |
| 5 |
Aon
AON
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$603M |
| 2 |
Charter Communications
CHTR
|
+$504M |
| 3 |
Fidelity National Information Services
FIS
|
+$496M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$429M |
| 5 |
Baxter International
BAX
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.4% |
| 2 | Technology | 3.32% |
| 3 | Consumer Discretionary | 2.87% |
| 4 | Financials | 2.84% |
| 5 | Industrials | 2.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
FedEx
FDX
$76.3B
| $126M | 0.05% |
899,976
+204,379
| +29% | +$25.7M |
|
302
Boeing
BA
$184B
| $126M | 0.04% |
687,614
+567,767
| +474% | +$87.3M |
|
303
CALL
iShares MSCI EAFE ETF
EFA
$79.9B
| $126M | 0.04% |
2,070,500
+70,700
| +4% | +$4.09M |
|
304
PUT
Uber
UBER
$160B
| $126M | 0.04% |
4,045,800
-700,300
| -15% | -$21.8M |
|
305
CALL
Starbucks
SBUX
$122B
| $125M | 0.04% |
1,695,500
-1,167,800
| -41% | -$87.8M |
|
306
TJX Companies
TJX
$172B
| $125M | 0.04% |
2,463,968
-1,404,382
| -36% | -$70.5M |
|
307
CALL
Wayfair
W
$14.1B
| $124M | 0.04% |
628,500
+178,900
| +40% | +$26.8M |
|
308
PUT
Humana
HUM
$44.8B
| $124M | 0.04% |
319,900
+150,100
| +88% | +$56.2M |
|
309
PUT
ProShares UltraPro QQQ
TQQQ
$36.7B
| $124M | 0.04% |
10,134,400
+3,988,000
| +65% | +$37.5M |
|
|
310
PUT
Wayfair
W
$14.1B
| $124M | 0.04% |
625,700
+246,100
| +65% | +$36.8M |
|
|
ATVI
311
PUT
DELISTED
Activision Blizzard
ATVI
| $124M | 0.04% |
1,628,100
+743,500
| +84% | +$51.9M |
|
312
PUT
American Airlines Group
AAL
$10.1B
| $123M | 0.04% |
9,377,600
+4,726,200
| +102% | +$57.3M |
|
313
FMC
FMC
$1.3B
| $122M | 0.04% |
1,227,387
+229,222
| +23% | +$21.2M |
|
314
ASML
ASML
$691B
| $122M | 0.04% |
331,408
-168,829
| -34% | -$53M |
|
315
Fidelity National Financial
FNF
$12.8B
| $122M | 0.04% |
4,130,014
+2,716,120
| +192% | +$74.7M |
|
|
LSXMA
316
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $122M | 0.04% |
4,790,792
+1,641,161
| +52% | +$40.1M |
|
317
CALL
Wells Fargo
WFC
$264B
| $121M | 0.04% |
4,736,600
+64,100
| +1% | +$1.75M |
|
|
NKLA
318
CALL
DELISTED
Nikola Corporation Common Stock
NKLA
| $121M | 0.04% |
+59,553
| New | +$57.4M |
|
319
CALL
Wynn Resorts
WYNN
$10.8B
| $120M | 0.04% |
1,610,700
+386,400
| +32% | +$31M |
|
320
CALL
Merck
MRK
$322B
| $120M | 0.04% |
1,625,029
-318,277
| -16% | -$24M |
|
|
MGP
321
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $119M | 0.04% |
4,386,483
+1,041,185
| +31% | +$26.8M |
|
322
CALL
iShares Biotechnology ETF
IBB
$9.81B
| $118M | 0.04% |
866,600
+120,700
| +16% | +$15.4M |
|
323
CALL
American Express
AXP
$230B
| $118M | 0.04% |
1,242,600
+316,900
| +34% | +$29.2M |
|
|
NKLA
324
PUT
DELISTED
Nikola Corporation Common Stock
NKLA
| $118M | 0.04% |
+58,180
| New | +$56.1M |
|
325
Thomson Reuters
TRI
$45.4B
| $118M | 0.04% |
1,643,725
+29,720
| +2% | +$2.15M |
|
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Ken Griffin's Q2 2020 Portfolio in Review
As of Q2 2020, Ken Griffin held 11,014 positions worth $280B, up 26% from $222B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Griffin withdrew a net $9.91B in Q2 2020, closing 1,324 positions and reducing 3,586 holdings. Its most notable exit was Allergan plc, an estimated $603M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.4% of assets, down from 4% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Ken Griffin opened a new position in Becton Dickinson worth $266M.
- Ken Griffin's largest Q2 2020 buy was Becton Dickinson: 1,140,373 shares worth $266M.
- Ken Griffin added most to Amazon in Q2 2020, an estimated $861M increase.
- Ken Griffin's biggest Q2 2020 reduction was Charter Communications, cutting an estimated $504M.
- Ken Griffin fully exited Allergan plc in Q2 2020, selling an estimated $603M.
- Ken Griffin's ten largest holdings make up 32% of its $280B portfolio in Q2 2020.
- Ken Griffin opened 1,506 new positions and closed 1,324 in Q2 2020.
- Ken Griffin's portfolio value rose 26% quarter-over-quarter to $280B.
Based on Citadel Advisors's 13F filing for Q2 2020, filed 14 Aug 2020.