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 | |
|---|---|---|---|---|---|---|
|
RAI
501
DELISTED
Reynolds American Inc
RAI
| $39.3M | 0.04% |
888,238
+304,474
| +52% | +$12.6M |
|
502
AvalonBay Communities
AVB
$26.3B
| $39.3M | 0.04% |
224,628
+23,876
| +12% | +$4.04M |
|
|
HBI
503
DELISTED
Hanesbrands
HBI
| $39M | 0.04% |
1,347,610
-2,095,827
| -61% | -$65M |
|
504
XPO
XPO
$24.7B
| $39M | 0.04% |
4,729,950
+745,606
| +19% | +$9.78M |
|
|
ENDP
505
DELISTED
Endo International plc
ENDP
| $38.9M | 0.04% |
562,011
-1,594,291
| -74% | -$128M |
|
|
TYNS
506
CALL
DELISTED
Direxion Daily 7-10 Year Treasury Bear 1X Shares
TYNS
| $38.8M | 0.04% |
2,452,600
+446,500
| +22% | +$13.5M |
|
507
Kirby Corp
KEX
$7.26B
| $38.7M | 0.04% |
624,803
-342,892
| -35% | -$24.2M |
|
508
PUT
United Parcel Service
UPS
$89.8B
| $38.5M | 0.04% |
390,000
+57,600
| +17% | +$5.69M |
|
509
CALL
EOG Resources
EOG
$74.2B
| $38.4M | 0.04% |
526,800
+161,200
| +44% | +$12.5M |
|
510
Blackstone Mortgage Trust
BXMT
$2.44B
| $38.3M | 0.04% |
1,396,771
-1,085,106
| -44% | -$31M |
|
|
PNRA
511
DELISTED
Panera Bread Co
PNRA
| $38.3M | 0.04% |
197,997
-112,004
| -36% | -$20.9M |
|
512
CALL
American Airlines Group
AAL
$9.97B
| $38.2M | 0.04% |
982,700
-518,800
| -35% | -$21.3M |
|
513
American Financial Group
AFG
$12.1B
| $38M | 0.04% |
550,810
+50,656
| +10% | +$3.5M |
|
|
FTR
514
DELISTED
Frontier Communications Corp.
FTR
| $37.9M | 0.04% |
532,286
-450,962
| -46% | -$34.1M |
|
515
NetEase
NTES
$78.5B
| $37.7M | 0.04% |
1,570,470
-163,340
| -9% | -$4.21M |
|
516
CALL
UnitedHealth
UNH
$358B
| $37.6M | 0.04% |
324,300
+28,300
| +10% | +$3.39M |
|
517
PUT
Mastercard
MA
$497B
| $37.6M | 0.04% |
416,700
-171,900
| -29% | -$16.1M |
|
518
Stanley Black & Decker
SWK
$15.4B
| $37.5M | 0.04% |
387,068
-2,021,377
| -84% | -$208M |
|
519
Trip.com Group
TCOM
$28.3B
| $37.4M | 0.04% |
1,184,844
+739,342
| +166% | +$25.7M |
|
520
Prothena Corp
PRTA
$466M
| $37.4M | 0.04% |
824,450
+406,560
| +97% | +$23.7M |
|
|
HDP
521
DELISTED
Hortonworks, Inc.
HDP
| $37.3M | 0.04% |
1,702,611
-210,875
| -11% | -$5.23M |
|
|
AEL
522
DELISTED
American Equity Investment Life Holding Company
AEL
| $37.2M | 0.04% |
1,597,606
+1,319,313
| +474% | +$34M |
|
523
Green Plains
GPRE
$1.09B
| $37M | 0.04% |
1,901,880
+47,506
| +3% | +$1.05M |
|
524
US Bancorp
USB
$102B
| $36.9M | 0.04% |
900,636
-2,194,501
| -71% | -$95.1M |
|
|
WBA
525
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $36.8M | 0.03% |
442,700
+76,200
| +21% | +$6.89M |
|
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.