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 | |
|---|---|---|---|---|---|---|
351
PUT
Northrop Grumman
NOC
$81.6B
| $108M | 0.04% |
350,800
+146,700
| +72% | +$48.1M |
|
352
PUT
Lowe's Companies
LOW
$122B
| $108M | 0.04% |
797,300
-105,800
| -12% | -$12.1M |
|
353
PUT
Comcast
CMCSA
$89.8B
| $107M | 0.04% |
2,747,400
+982,200
| +56% | +$37.4M |
|
354
Nexstar Media Group
NXST
$5.62B
| $107M | 0.04% |
1,276,130
+99,581
| +8% | +$7.49M |
|
355
CALL
Altria Group
MO
$108B
| $107M | 0.04% |
2,720,200
+395,200
| +17% | +$15.4M |
|
|
BERY
356
DELISTED
Berry Global Group, Inc.
BERY
| $106M | 0.04% |
2,616,149
+1,547,629
| +145% | +$58.1M |
|
357
United Therapeutics
UTHR
$22.2B
| $106M | 0.04% |
879,591
-525,343
| -37% | -$59.1M |
|
358
Lam Research
LRCX
$409B
| $106M | 0.04% |
3,282,580
+439,050
| +15% | +$12M |
|
|
ACIA
359
DELISTED
Acacia Communications Inc
ACIA
| $106M | 0.04% |
1,579,527
+258,510
| +20% | +$17.5M |
|
360
Freeport-McMoran
FCX
$96.8B
| $106M | 0.04% |
9,119,332
+158,078
| +2% | +$1.45M |
|
361
Linde
LIN
$224B
| $105M | 0.04% |
496,655
-243,003
| -33% | -$46.9M |
|
362
PUT
iShares Biotechnology ETF
IBB
$9.84B
| $105M | 0.04% |
769,000
-24,900
| -3% | -$3.17M |
|
363
Ally Financial
ALLY
$13.3B
| $105M | 0.04% |
5,286,750
+1,328,244
| +34% | +$22.6M |
|
364
Royal Bank of Canada
RY
$295B
| $105M | 0.04% |
1,546,453
+1,422,865
| +1,151% | +$90.5M |
|
365
Arch Capital
ACGL
$33.6B
| $105M | 0.04% |
3,654,608
+3,112,893
| +575% | +$86M |
|
366
Best Buy
BBY
$17.5B
| $105M | 0.04% |
1,199,579
+857,091
| +250% | +$65M |
|
367
Applied Materials
AMAT
$436B
| $104M | 0.04% |
1,720,252
+392,325
| +30% | +$21.2M |
|
368
Ross Stores
ROST
$80.4B
| $104M | 0.04% |
1,215,963
+1,106,463
| +1,010% | +$100M |
|
|
GWPH
369
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $104M | 0.04% |
843,750
-133,236
| -14% | -$15.1M |
|
370
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $103M | 0.04% |
3,658,200
-719,400
| -16% | -$20.7M |
|
|
AIV
371
Aimco
AIV
$379M
| $103M | 0.04% |
20,548,075
+20,230,905
| +6,379% | +$100M |
|
372
Merck
MRK
$325B
| $103M | 0.04% |
1,395,437
-107,143
| -7% | -$8.07M |
|
373
PUT
United Airlines
UAL
$40.9B
| $103M | 0.04% |
2,970,800
+807,200
| +37% | +$24.2M |
|
374
PUT
GE Aerospace
GE
$380B
| $103M | 0.04% |
3,016,552
+759,129
| +34% | +$25.6M |
|
375
PUT
Okta
OKTA
$26B
| $102M | 0.04% |
511,500
-176,800
| -26% | -$30M |
|
Similar funds
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.