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 | 5.29% |
| 2 | Financials | 4.31% |
| 3 | Industrials | 4.01% |
| 4 | Healthcare | 3.77% |
| 5 | Consumer Discretionary | 3.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
CALL
Amgen
AMGN
$226B
| $110M | 0.05% |
566,300
-7,100
| -1% | -$1.36M |
|
352
CALL
iShares MSCI EAFE ETF
EFA
$80.3B
| $110M | 0.05% |
1,679,300
-261,700
| -13% | -$16.9M |
|
353
Healthpeak Properties
DOC
$14.3B
| $109M | 0.05% |
3,068,821
+911,088
| +42% | +$30.8M |
|
354
PUT
MSCI
MSCI
$41.8B
| $109M | 0.05% |
498,700
+141,600
| +40% | +$32.8M |
|
355
CALL
Cisco
CSCO
$447B
| $108M | 0.05% |
2,190,900
-141,400
| -6% | -$7.35M |
|
356
CALL
Twilio
TWLO
$38.3B
| $108M | 0.05% |
983,000
+109,800
| +13% | +$14.2M |
|
357
Occidental Petroleum
OXY
$57.7B
| $108M | 0.05% |
2,427,700
+1,318,141
| +119% | +$62.3M |
|
358
Netflix
NFLX
$326B
| $108M | 0.05% |
4,026,550
-9,945,140
| -71% | -$311M |
|
359
CALL
American Airlines Group
AAL
$9.97B
| $108M | 0.05% |
3,987,300
-143,200
| -3% | -$4.19M |
|
|
EA
360
DELISTED
Electronic Arts
EA
| $107M | 0.05% |
1,096,528
-367,474
| -25% | -$34.5M |
|
361
PUT
Kraft Heinz
KHC
$30.1B
| $107M | 0.05% |
3,834,000
-604,100
| -14% | -$17.4M |
|
362
Aecom
ACM
$8.19B
| $106M | 0.05% |
2,829,361
+2,623,737
| +1,276% | +$94.5M |
|
363
iShares MSCI ACWI ETF
ACWI
$33.6B
| $106M | 0.05% |
+1,437,448
| New | +$105M |
|
364
CALL
Western Digital
WDC
$168B
| $106M | 0.05% |
2,348,193
-1,080,362
| -32% | -$46.1M |
|
365
Ally Financial
ALLY
$13.6B
| $105M | 0.05% |
3,181,167
-437,899
| -12% | -$14.2M |
|
366
Fair Isaac
FICO
$24B
| $105M | 0.05% |
347,048
+227,655
| +191% | +$77.1M |
|
367
SEI Investments
SEIC
$12.8B
| $105M | 0.05% |
1,776,678
-152,260
| -8% | -$8.8M |
|
368
CALL
Coca-Cola
KO
$376B
| $105M | 0.05% |
1,931,300
+365,600
| +23% | +$19.6M |
|
369
CALL
Deere & Co
DE
$165B
| $105M | 0.05% |
621,300
+159,800
| +35% | +$25.6M |
|
|
370
iShares MSCI EAFE ETF
EFA
$80.3B
| $105M | 0.05% |
1,605,765
-142,973
| -8% | -$9.21M |
|
371
PUT
Trade Desk
TTD
$6.84B
| $104M | 0.05% |
5,569,000
-870,000
| -14% | -$20.7M |
|
|
CTRA
372
DELISTED
Coterra Energy
CTRA
| $104M | 0.05% |
5,941,070
+5,787,080
| +3,758% | +$111M |
|
373
CALL
VanEck Gold Miners ETF
GDX
$26.9B
| $104M | 0.05% |
3,902,200
-307,500
| -7% | -$8.6M |
|
|
374
CALL
Verizon
VZ
$200B
| $104M | 0.05% |
1,725,000
-697,700
| -29% | -$40.2M |
|
|
CTXS
375
DELISTED
Citrix Systems Inc
CTXS
| $104M | 0.05% |
1,077,221
-749,492
| -41% | -$71.7M |
|
Similar funds
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 5.3% of assets, down from 5.4% 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 1,181 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.