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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.16B |
| 2 |
Bank of America
BAC
|
+$855M |
| 3 |
Comcast
CMCSA
|
+$620M |
| 4 |
Amazon
AMZN
|
+$505M |
| 5 |
Micron Technology
MU
|
+$486M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$441M |
| 2 |
Palo Alto Networks
PANW
|
+$300M |
| 3 |
Verizon
VZ
|
+$286M |
| 4 |
Fidelity National Information Services
FIS
|
+$285M |
| 5 |
Stanley Black & Decker
SWK
|
+$244M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.08% |
| 2 | Financials | 6.03% |
| 3 | Industrials | 5.01% |
| 4 | Consumer Discretionary | 4.73% |
| 5 | Healthcare | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CPN
501
DELISTED
Calpine Corporation
CPN
| $62.4M | 0.04% |
4,126,187
-2,367,858
| -36% | -$35.5M |
|
502
CALL
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $62.4M | 0.04% |
2,236,400
-336,700
| -13% | -$9.06M |
|
503
PUT
Cisco
CSCO
$447B
| $62.1M | 0.04% |
1,621,400
+525,600
| +48% | +$18.8M |
|
504
PUT
Kinder Morgan
KMI
$71.4B
| $61.7M | 0.04% |
3,417,000
+2,547,400
| +293% | +$45.7M |
|
505
Universal Health Services
UHS
$10.1B
| $61.6M | 0.04% |
543,334
+32,122
| +6% | +$3.43M |
|
506
CALL
Zions Bancorporation
ZION
$10.5B
| $61.4M | 0.04% |
1,207,300
+47,600
| +4% | +$2.28M |
|
507
CALL
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $61.3M | 0.04% |
1,915,800
+973,000
| +103% | +$30.5M |
|
508
CALL
Texas Instruments
TXN
$250B
| $60.9M | 0.04% |
583,200
+10,000
| +2% | +$974K |
|
|
GXP
509
DELISTED
Great Plains Energy Incorporated
GXP
| $60.9M | 0.04% |
1,887,657
-177,602
| -9% | -$5.84M |
|
|
510
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $60.6M | 0.04% |
2,172,271
+1,867,166
| +612% | +$50.2M |
|
|
CCZ
511
Comcast Holdings Corp 2.0% Exchangeable Subordinated Debentures due Oct 15 2029
CCZ
| – | – |
0
| – | – |
|
|
AABA
512
PUT
DELISTED
Altaba Inc
AABA
| $60.5M | 0.04% |
866,200
+309,300
| +56% | +$21.5M |
|
|
SIX
513
DELISTED
Six Flags Entertainment Corp.
SIX
| $60.5M | 0.04% |
908,373
+374,556
| +70% | +$24M |
|
514
CALL
American Express
AXP
$232B
| $60.4M | 0.04% |
608,500
+31,300
| +5% | +$2.98M |
|
515
Camping World
CWH
$675M
| $60.1M | 0.04% |
1,343,779
+1,253,001
| +1,380% | +$54.5M |
|
516
CALL
Wynn Resorts
WYNN
$10.5B
| $59.9M | 0.04% |
355,100
-82,200
| -19% | -$12.7M |
|
517
BP
BP
$110B
| $59.7M | 0.04% |
1,551,799
+1,493,166
| +2,547% | +$54.1M |
|
|
518
PUT
American Express
AXP
$232B
| $59.4M | 0.04% |
598,300
+19,800
| +3% | +$1.89M |
|
519
CALL
AB InBev
BUD
$158B
| $59.3M | 0.04% |
531,300
+119,300
| +29% | +$14M |
|
520
Hancock Whitney
HWC
$6.37B
| $58.9M | 0.04% |
1,189,468
-585,196
| -33% | -$28.9M |
|
521
CALL
Ashland
ASH
$3.36B
| $58.7M | 0.04% |
824,100
+20,000
| +2% | +$1.38M |
|
522
Old Republic International
ORI
$10.3B
| $58.5M | 0.04% |
2,736,924
+626,387
| +30% | +$12.8M |
|
523
iShares MSCI ACWI ETF
ACWI
$33.6B
| $58.4M | 0.04% |
810,412
+264,507
| +48% | +$18.7M |
|
524
CALL
Universal Display
OLED
$4.18B
| $58.1M | 0.04% |
336,800
+51,000
| +18% | +$8.13M |
|
|
ATH
525
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $58.1M | 0.04% |
1,122,680
+691,786
| +161% | +$35.4M |
|
Similar funds
Ken Griffin's Q4 2017 Portfolio in Review
As of Q4 2017, Ken Griffin held 8,908 positions worth $164B, up 26% from $130B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Ken Griffin deployed $21.1B of net new capital in Q4 2017, opening 1,440 new positions and adding to 3,569 existing holdings. Its largest new stake was Celgene Corp: 3,708,916 shares worth $387M.
By sector, the portfolio is most concentrated in Technology at 6.1% of assets, down from 7% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Goldman Sachs, an estimated $441M trimmed.
- Ken Griffin's largest Q4 2017 buy was Celgene Corp: 3,708,916 shares worth $387M.
- Ken Griffin added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $1.16B increase.
- Ken Griffin's biggest Q4 2017 reduction was Goldman Sachs, cutting an estimated $441M.
- Ken Griffin fully exited CR Bard Inc. in Q4 2017, selling an estimated $209M.
- Ken Griffin's ten largest holdings make up 19% of its $164B portfolio in Q4 2017.
- Ken Griffin opened 1,440 new positions and closed 988 in Q4 2017.
- Ken Griffin's portfolio value rose 26% quarter-over-quarter to $164B.
Based on Citadel Advisors's 13F filing for Q4 2017, filed 9 Feb 2018.