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 |
Microsoft
MSFT
|
+$640M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$501M |
| 3 |
Digital Realty Trust
DLR
|
+$438M |
| 4 |
Intuitive Surgical
ISRG
|
+$437M |
| 5 |
Amazon
AMZN
|
+$420M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$545M |
| 2 |
DexCom
DXCM
|
+$457M |
| 3 |
AT&T
T
|
+$431M |
| 4 |
Palo Alto Networks
PANW
|
+$416M |
| 5 |
Humana
HUM
|
+$394M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.01% |
| 2 | Healthcare | 2.92% |
| 3 | Consumer Discretionary | 1.99% |
| 4 | Financials | 1.93% |
| 5 | Industrials | 1.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Merck
MRK
$334B
| $212M | 0.04% |
1,839,871
+1,068,727
| +139% | +$121M |
|
302
Visa
V
$682B
| $212M | 0.04% |
891,738
-1,359,332
| -60% | -$311M |
|
303
Boeing
BA
$182B
| $212M | 0.04% |
1,002,379
+409,490
| +69% | +$85.1M |
|
304
CME Group
CME
$96.1B
| $211M | 0.04% |
1,139,008
-168,393
| -13% | -$31.1M |
|
305
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $209M | 0.04% |
1,574,900
+368,100
| +31% | +$48.5M |
|
306
CALL
Moderna
MRNA
$25.4B
| $208M | 0.04% |
1,708,300
-701,800
| -29% | -$93.6M |
|
307
CALL
NextEra Energy
NEE
$179B
| $207M | 0.04% |
2,792,400
+980,400
| +54% | +$74.2M |
|
308
Dynatrace
DT
$14.7B
| $206M | 0.04% |
4,001,549
+1,511,027
| +61% | +$70.8M |
|
309
PUT
ServiceNow
NOW
$132B
| $205M | 0.04% |
1,825,500
-271,000
| -13% | -$27.1M |
|
310
PUT
Strategy Inc
MSTR
$38.2B
| $204M | 0.04% |
5,968,000
-2,292,000
| -28% | -$69.5M |
|
311
Shopify
SHOP
$204B
| $204M | 0.04% |
3,161,967
+1,704,417
| +117% | +$96.3M |
|
312
CALL
American Express
AXP
$232B
| $204M | 0.04% |
1,169,500
+156,800
| +15% | +$25.3M |
|
313
CALL
American Airlines Group
AAL
$9.97B
| $203M | 0.04% |
11,324,100
+2,986,900
| +36% | +$43.8M |
|
314
PUT
Cheniere Energy
LNG
$55B
| $202M | 0.04% |
1,328,200
+292,000
| +28% | +$43.2M |
|
315
PUT
Amgen
AMGN
$226B
| $202M | 0.04% |
910,000
+60,200
| +7% | +$14M |
|
316
PUT
United Rentals
URI
$69.7B
| $202M | 0.04% |
452,500
+110,900
| +32% | +$41.1M |
|
317
ON Semiconductor
ON
$31.8B
| $201M | 0.04% |
2,125,637
+1,031,025
| +94% | +$85.3M |
|
318
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $201M | 0.04% |
1,560,200
-1,099,500
| -41% | -$138M |
|
|
HES
319
DELISTED
Hess
HES
| $201M | 0.04% |
1,477,034
+134,399
| +10% | +$18.4M |
|
320
Union Pacific
UNP
$177B
| $201M | 0.04% |
981,140
+864,166
| +739% | +$172M |
|
|
SCHW
321
Charles Schwab
SCHW
$190B
| $200M | 0.04% |
3,528,914
+1,425,507
| +68% | +$74.7M |
|
322
CALL
Accenture
ACN
$109B
| $200M | 0.04% |
647,800
-311,600
| -32% | -$90.5M |
|
323
CALL
Northrop Grumman
NOC
$81.6B
| $200M | 0.04% |
438,200
+61,800
| +16% | +$28M |
|
324
Bruker
BRKR
$8.83B
| $199M | 0.04% |
2,696,942
+1,320,799
| +96% | +$101M |
|
325
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $199M | 0.04% |
4,873,300
-3,507,900
| -42% | -$144M |
|
Similar funds
Ken Griffin's Q2 2023 Portfolio in Review
As of Q2 2023, Ken Griffin held 15,826 positions worth $484B, up 6.4% from $455B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Ken Griffin withdrew a net $16.6B in Q2 2023, closing 1,563 positions and reducing 7,223 holdings. Its most notable exit was State Street Industrial Select Sector SPDR ETF, an estimated $192M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.2% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Ken Griffin opened a new position in BILL Holdings worth $222M.
- Ken Griffin's largest Q2 2023 buy was BILL Holdings: 1,901,064 shares worth $222M.
- Ken Griffin added most to Microsoft in Q2 2023, an estimated $640M increase.
- Ken Griffin's biggest Q2 2023 reduction was NVIDIA, cutting an estimated $545M.
- Ken Griffin fully exited State Street Industrial Select Sector SPDR ETF in Q2 2023, selling an estimated $192M.
- Ken Griffin's ten largest holdings make up 36% of its $484B portfolio in Q2 2023.
- Ken Griffin opened 1,205 new positions and closed 1,563 in Q2 2023.
- Ken Griffin's portfolio value rose 6.4% quarter-over-quarter to $484B.
Based on Citadel Advisors's 13F filing for Q2 2023, filed 14 Aug 2023.