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 |
SLB Ltd
SLB
|
+$399M |
| 2 |
Western Digital
WDC
|
+$286M |
| 3 |
Citizens Financial Group
CFG
|
+$272M |
| 4 |
NXP Semiconductors
NXPI
|
+$261M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Pacific Kansas City
CP
|
+$399M |
| 2 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$322M |
| 3 |
Chubb
CB
|
+$284M |
| 4 |
Hilton Worldwide
HLT
|
+$263M |
| 5 |
PLL
PALL CORP
PLL
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.21% |
| 2 | Consumer Discretionary | 7.43% |
| 3 | Technology | 6.56% |
| 4 | Industrials | 6.01% |
| 5 | Energy | 5.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CYT
401
DELISTED
CYTEC INDS INC
CYT
| $50.6M | 0.05% |
+685,221
| New | +$47.8M |
|
402
CALL
Halliburton
HAL
$27.4B
| $50.5M | 0.05% |
1,429,200
+694,200
| +94% | +$27.3M |
|
403
Flex
FLEX
$45.9B
| $50.5M | 0.05% |
6,360,221
-242,177
| -4% | -$1.97M |
|
404
Sally Beauty Holdings
SBH
$1.55B
| $50.4M | 0.05% |
2,122,636
-1,707,347
| -45% | -$47.3M |
|
405
Abbott
ABT
$193B
| $50.4M | 0.05% |
1,253,298
-1,353,494
| -52% | -$63.8M |
|
406
Eastman Chemical
EMN
$8.43B
| $50.2M | 0.05% |
775,185
-538,256
| -41% | -$39.7M |
|
|
EQC
407
DELISTED
Equity Commonwealth
EQC
| $50.1M | 0.05% |
1,838,703
-53,946
| -3% | -$1.43M |
|
408
PUT
FedEx
FDX
$80.3B
| $50M | 0.05% |
347,600
+67,800
| +24% | +$10.8M |
|
409
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$6.47B
| $50M | 0.05% |
11,242,000
+2,746,000
| +32% | +$9.18M |
|
|
WFT
410
DELISTED
Weatherford International plc
WFT
| $49.9M | 0.05% |
5,882,365
-1,873,370
| -24% | -$19M |
|
411
McKesson
MCK
$99.9B
| $49.8M | 0.05% |
269,083
-193,670
| -42% | -$41M |
|
412
Eagle Materials
EXP
$6.41B
| $49.7M | 0.05% |
727,055
+224,471
| +45% | +$17.5M |
|
413
PUT
Johnson & Johnson
JNJ
$632B
| $49.7M | 0.05% |
532,800
-364,000
| -41% | -$35.2M |
|
|
AWH
414
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $49.7M | 0.05% |
1,302,320
+513,646
| +65% | +$21.3M |
|
415
Palo Alto Networks
PANW
$323B
| $49.6M | 0.05% |
1,730,694
+1,727,328
| +51,317% | +$51M |
|
416
JB Hunt Transport Services
JBHT
$26.5B
| $49.5M | 0.05% |
693,223
-386,023
| -36% | -$30.6M |
|
|
P
417
DELISTED
Pandora Media Inc
P
| $49.4M | 0.05% |
2,316,971
+324,945
| +16% | +$5.7M |
|
|
PGRE
418
DELISTED
Paramount Group
PGRE
| $49.1M | 0.05% |
2,924,017
+16,834
| +0.6% | +$291K |
|
419
PUT
American Express
AXP
$232B
| $49.1M | 0.05% |
661,700
+14,100
| +2% | +$1.08M |
|
|
IBKC
420
DELISTED
IBERIABANK Corp
IBKC
| $49M | 0.05% |
841,174
-10,808
| -1% | -$681K |
|
421
CALL
Amgen
AMGN
$226B
| $48.8M | 0.05% |
352,600
+65,900
| +23% | +$10.4M |
|
422
Liberty Media Series A
FWONA
$23.7B
| $48.6M | 0.05% |
2,022,152
+212,121
| +12% | +$5.28M |
|
423
CALL
Procter & Gamble
PG
$335B
| $48.5M | 0.05% |
674,200
+188,500
| +39% | +$14.1M |
|
|
LTRPA
424
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $48.5M | 0.05% |
2,186,267
-381,755
| -15% | -$10.6M |
|
425
CALL
Intel
INTC
$527B
| $48.4M | 0.05% |
1,604,300
+441,900
| +38% | +$12.8M |
|
Similar funds
Ken Griffin's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Griffin held 9,776 positions worth $105B, down 8.7% from $115B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Ken Griffin withdrew a net $4.92B in Q3 2015, closing 925 positions and reducing 3,925 holdings. Its most notable exit was CATAMARAN CORP COM STK (CDA), an estimated $322M position sold in full.
By sector, the portfolio is most concentrated in Financials at 8.2% of assets, up from 7.8% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Ken Griffin opened a new position in Citizens Financial Group worth $254M.
- Ken Griffin's largest Q3 2015 buy was Citizens Financial Group: 10,652,034 shares worth $254M.
- Ken Griffin added most to SLB Ltd in Q3 2015, an estimated $399M increase.
- Ken Griffin's biggest Q3 2015 reduction was Canadian Pacific Kansas City, cutting an estimated $399M.
- Ken Griffin fully exited CATAMARAN CORP COM STK (CDA) in Q3 2015, selling an estimated $322M.
- Ken Griffin's ten largest holdings make up 18% of its $105B portfolio in Q3 2015.
- Ken Griffin opened 1,066 new positions and closed 925 in Q3 2015.
- Ken Griffin's portfolio value fell 8.7% quarter-over-quarter to $105B.
Based on Citadel Advisors's 13F filing for Q3 2015, filed 16 Nov 2015.