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 | |
|---|---|---|---|---|---|---|
376
T-Mobile US
TMUS
$197B
| $104M | 0.05% |
1,318,431
-2,836,337
| -68% | -$222M |
|
377
Mastercard
MA
$497B
| $104M | 0.05% |
382,186
-306,076
| -44% | -$84.3M |
|
378
CALL
United Parcel Service
UPS
$89.8B
| $104M | 0.05% |
865,300
-324,300
| -27% | -$37.1M |
|
379
PUT
Northrop Grumman
NOC
$81.6B
| $103M | 0.05% |
274,300
-2,000
| -0.7% | -$708K |
|
|
B
380
Barrick Mining
B
$67.3B
| $103M | 0.05% |
5,927,667
-440,824
| -7% | -$7.78M |
|
381
First American
FAF
$7.56B
| $102M | 0.05% |
1,736,734
-151,281
| -8% | -$8.66M |
|
|
EA
382
CALL
DELISTED
Electronic Arts
EA
| $102M | 0.05% |
1,047,400
-543,200
| -34% | -$51M |
|
383
Evercore
EVR
$12B
| $102M | 0.05% |
1,278,998
+361,705
| +39% | +$30M |
|
|
TIF
384
PUT
DELISTED
Tiffany & Co.
TIF
| $102M | 0.05% |
1,103,000
+583,100
| +112% | +$52.6M |
|
385
PUT
Morgan Stanley
MS
$343B
| $102M | 0.05% |
2,379,100
+52,600
| +2% | +$2.25M |
|
386
CALL
Procter & Gamble
PG
$335B
| $101M | 0.05% |
816,000
-922,000
| -53% | -$109M |
|
387
MetLife
MET
$61.9B
| $101M | 0.05% |
2,151,385
+2,081,844
| +2,994% | +$99.3M |
|
388
Sun Communities
SUI
$14.6B
| $101M | 0.05% |
679,925
-256,609
| -27% | -$36.2M |
|
389
PUT
Comcast
CMCSA
$92.9B
| $100M | 0.05% |
2,228,400
-93,700
| -4% | -$4.15M |
|
390
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $100M | 0.05% |
1,313,200
-448,000
| -25% | -$37.2M |
|
|
LSXMK
391
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $99.9M | 0.05% |
3,124,953
-256,950
| -8% | -$7.98M |
|
392
TD Synnex
SNX
$20.4B
| $99.6M | 0.05% |
1,764,968
+342,968
| +24% | +$16M |
|
393
Intuitive Surgical
ISRG
$142B
| $99M | 0.05% |
549,828
+539,160
| +5,054% | +$93.3M |
|
394
CALL
Applied Materials
AMAT
$424B
| $98.7M | 0.05% |
1,978,000
-246,000
| -11% | -$11.9M |
|
395
Qorvo
QRVO
$8.68B
| $98.2M | 0.05% |
1,323,986
+1,266,091
| +2,187% | +$92M |
|
396
CALL
ServiceNow
NOW
$132B
| $98.1M | 0.05% |
1,933,000
-79,500
| -4% | -$4.32M |
|
397
CALL
McDonald's
MCD
$193B
| $97.9M | 0.05% |
455,900
-70,800
| -13% | -$15.2M |
|
398
Royal Caribbean
RCL
$82.9B
| $97.8M | 0.05% |
902,335
+327,486
| +57% | +$36.1M |
|
399
Salesforce
CRM
$165B
| $97.7M | 0.05% |
658,476
+535,259
| +434% | +$81.3M |
|
400
Texas Capital Bancshares
TCBI
$4.38B
| $97.6M | 0.05% |
1,786,715
+80,230
| +5% | +$4.57M |
|
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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.