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 |
Alphabet (Google) Class A
GOOGL
|
+$596M |
| 2 |
Honeywell
HON
|
+$400M |
| 3 |
Lowe's Companies
LOW
|
+$340M |
| 4 |
Alibaba
BABA
|
+$281M |
| 5 |
HES
Hess
HES
|
+$223M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$545M |
| 2 |
Amazon
AMZN
|
+$416M |
| 3 |
Western Digital
WDC
|
+$385M |
| 4 |
Illinois Tool Works
ITW
|
+$327M |
| 5 |
Edwards Lifesciences
EW
|
+$311M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 7.63% |
| 2 | Consumer Discretionary | 6.85% |
| 3 | Technology | 6.32% |
| 4 | Energy | 5.91% |
| 5 | Industrials | 5.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Reinsurance Group of America
RGA
$16.4B
| $38.1M | 0.04% |
445,344
-289,830
| -39% | -$26.2M |
|
477
Las Vegas Sands
LVS
$29.6B
| $38.1M | 0.04% |
868,730
+429,432
| +98% | +$19.5M |
|
478
Booking.com
BKNG
$160B
| $37.6M | 0.04% |
736,850
-134,950
| -15% | -$7.13M |
|
479
Incyte
INCY
$24.4B
| $37.5M | 0.04% |
345,634
+233,733
| +209% | +$26.1M |
|
480
Essent Group
ESNT
$6.23B
| $37.4M | 0.04% |
1,710,258
-746,337
| -30% | -$18.1M |
|
481
Newmont
NEM
$120B
| $37.4M | 0.04% |
2,080,227
-1,489,359
| -42% | -$27.4M |
|
|
HIFR
482
DELISTED
InfraREIT, Inc.
HIFR
| $37.4M | 0.04% |
2,020,418
-433,145
| -18% | -$9.5M |
|
483
PUT
ConocoPhillips
COP
$150B
| $37.3M | 0.04% |
798,600
+347,000
| +77% | +$18.1M |
|
484
PUT
Amgen
AMGN
$226B
| $37.2M | 0.04% |
229,400
-75,300
| -25% | -$11.8M |
|
485
CSX Corp
CSX
$92.9B
| $37.2M | 0.04% |
4,295,151
-22,176,060
| -84% | -$201M |
|
486
CALL
Procter & Gamble
PG
$335B
| $37M | 0.04% |
465,400
-208,800
| -31% | -$16M |
|
487
KBR
KBR
$4.81B
| $36.8M | 0.04% |
2,176,302
+1,955,473
| +886% | +$35.9M |
|
|
PVTB
488
DELISTED
PrivateBancorp Inc
PVTB
| $36.8M | 0.04% |
897,149
-2,516
| -0.3% | -$106K |
|
|
VWR
489
DELISTED
VWR Corporation
VWR
| $36.8M | 0.04% |
1,299,433
+59,006
| +5% | +$1.57M |
|
490
Texas Capital Bancshares
TCBI
$4.38B
| $36.8M | 0.04% |
743,633
-355,523
| -32% | -$19.4M |
|
|
TWTR
491
CALL
DELISTED
Twitter, Inc.
TWTR
| $36.7M | 0.04% |
1,586,600
-351,100
| -18% | -$9.37M |
|
492
PUT
CVS Health
CVS
$121B
| $36.7M | 0.04% |
375,500
-2,800
| -0.7% | -$274K |
|
493
Liberty Global Class C
LBTYK
$3.48B
| $36.7M | 0.04% |
1,035,643
-394,692
| -28% | -$14.2M |
|
494
Kimberly-Clark
KMB
$36.8B
| $36.5M | 0.04% |
287,008
-730,510
| -72% | -$87.7M |
|
495
Meritage Homes
MTH
$4.8B
| $36.3M | 0.04% |
2,137,940
-1,246,846
| -37% | -$22.8M |
|
496
CALL
American Airlines Group
AAL
$9.97B
| $35.8M | 0.04% |
846,400
-136,300
| -14% | -$5.91M |
|
|
497
CALL
CVS Health
CVS
$121B
| $35.7M | 0.04% |
365,600
+104,800
| +40% | +$10.3M |
|
498
Eagle Materials
EXP
$6.41B
| $35.6M | 0.04% |
589,816
-137,239
| -19% | -$9.14M |
|
|
SC
499
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $35.6M | 0.04% |
2,245,689
-708,121
| -24% | -$12.9M |
|
|
PGRE
500
DELISTED
Paramount Group
PGRE
| $35.5M | 0.04% |
1,963,069
-960,948
| -33% | -$17.2M |
|
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Ken Griffin's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Griffin held 9,881 positions worth $91.6B, down 13% from $105B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Ken Griffin withdrew a net $23.5B in Q4 2015, closing 1,198 positions and reducing 4,313 holdings. Its most notable exit was HP, an estimated $182M position sold in full.
By sector, the portfolio is most concentrated in Financials at 7.6% of assets, down from 8.2% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Ken Griffin opened a new position in Alphabet (Google) Class A worth $627M.
- Ken Griffin's largest Q4 2015 buy was Alphabet (Google) Class A: 16,114,160 shares worth $627M.
- Ken Griffin added most to Honeywell in Q4 2015, an estimated $400M increase.
- Ken Griffin's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $545M.
- Ken Griffin fully exited HP in Q4 2015, selling an estimated $182M.
- Ken Griffin's ten largest holdings make up 15% of its $91.6B portfolio in Q4 2015.
- Ken Griffin opened 1,019 new positions and closed 1,198 in Q4 2015.
- Ken Griffin's portfolio value fell 13% quarter-over-quarter to $91.6B.
Based on Citadel Advisors's 13F filing for Q4 2015, filed 12 Feb 2016.