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 |
Citigroup
C
|
+$702M |
| 2 |
Applied Materials
AMAT
|
+$507M |
| 3 |
Keurig Dr Pepper
KDP
|
+$387M |
| 4 |
KeyCorp
KEY
|
+$383M |
| 5 |
Visa
V
|
+$349M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$948M |
| 2 |
Broadcom
AVGO
|
+$446M |
| 3 |
NXP Semiconductors
NXPI
|
+$434M |
| 4 |
Analog Devices
ADI
|
+$309M |
| 5 |
Lam Research
LRCX
|
+$269M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 6.16% |
| 2 | Technology | 4.5% |
| 3 | Industrials | 4.26% |
| 4 | Consumer Discretionary | 4.07% |
| 5 | Healthcare | 3.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $68.8M | 0.03% |
2,647,000
+86,600
| +3% | +$2.18M |
|
527
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $68.6M | 0.03% |
822,200
+279,900
| +52% | +$23.2M |
|
528
Manulife Financial
MFC
$72.9B
| $68.4M | 0.03% |
3,809,131
+3,740,300
| +5,434% | +$70.5M |
|
|
529
State Street SPDR S&P 500 ETF Trust
SPY
$815B
| $68.2M | 0.03% |
251,546
-3,512,111
| -93% | -$948M |
|
530
IBM
IBM
$223B
| $68M | 0.03% |
508,815
+370,682
| +268% | +$51.7M |
|
531
Alaska Air
ALK
$5.3B
| $67.7M | 0.03% |
1,121,789
+672,573
| +150% | +$41.6M |
|
532
Starbucks
SBUX
$124B
| $67.5M | 0.03% |
+1,382,579
| New | +$78.5M |
|
533
First Solar
FSLR
$24B
| $67.4M | 0.03% |
1,280,234
+1,186,186
| +1,261% | +$77.6M |
|
534
PagSeguro Digital
PAGS
$2.43B
| $67.3M | 0.03% |
2,425,885
+1,222,880
| +102% | +$40.4M |
|
535
Old Republic International
ORI
$10.3B
| $67.3M | 0.03% |
3,377,784
-296,058
| -8% | -$6.2M |
|
536
CALL
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $67.2M | 0.03% |
1,933,400
-204,600
| -10% | -$7.02M |
|
537
Range Resources
RRC
$9.33B
| $66.8M | 0.03% |
3,991,476
-2,027,686
| -34% | -$30.7M |
|
538
PUT
Align Technology
ALGN
$12.5B
| $66.5M | 0.03% |
194,500
+67,700
| +53% | +$20.2M |
|
|
WCN
539
Waste Connections
WCN
$41.6B
| $66.4M | 0.03% |
881,845
+350,413
| +66% | +$26.2M |
|
|
ATVI
540
CALL
DELISTED
Activision Blizzard
ATVI
| $66.4M | 0.03% |
869,800
+1,500
| +0.2% | +$106K |
|
541
Melco Resorts & Entertainment
MLCO
$2.14B
| $65.8M | 0.03% |
2,348,328
-219,107
| -9% | -$6.71M |
|
542
CALL
Altria Group
MO
$109B
| $65.6M | 0.03% |
1,154,400
+220,000
| +24% | +$12.7M |
|
543
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$306M
| $65.4M | 0.03% |
1,820,100
+940,300
| +107% | +$35.2M |
|
544
PUT
United Parcel Service
UPS
$89.8B
| $65.4M | 0.03% |
615,900
-575,300
| -48% | -$64.6M |
|
545
Edison International
EIX
$27.2B
| $65.4M | 0.03% |
1,033,909
+394,647
| +62% | +$24.6M |
|
546
CALL
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $65.4M | 0.03% |
2,458,700
+243,900
| +11% | +$6.73M |
|
|
UNIT
547
PUT
Uniti Group
UNIT
$2.38B
| $65.3M | 0.03% |
3,262,300
+1,845,300
| +130% | +$35.9M |
|
548
Qiagen
QGEN
$8.93B
| $65.2M | 0.03% |
1,700,852
+225,629
| +15% | +$8.3M |
|
|
JWN
549
DELISTED
Nordstrom
JWN
| $64.7M | 0.03% |
1,250,103
-104,442
| -8% | -$5.18M |
|
550
Booz Allen Hamilton
BAH
$9.43B
| $64.7M | 0.03% |
1,478,393
-243,683
| -14% | -$10.2M |
|
Similar funds
Ken Griffin's Q2 2018 Portfolio in Review
As of Q2 2018, Ken Griffin held 9,765 positions worth $203B, up 11% from $184B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Griffin deployed $8.95B of net new capital in Q2 2018, opening 1,572 new positions and adding to 4,159 existing holdings. Its largest new stake was Equitable Holdings: 16,008,962 shares worth $330M.
By sector, the portfolio is most concentrated in Financials at 6.2% of assets, up from 4.9% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $948M trimmed.
- Ken Griffin's largest Q2 2018 buy was Equitable Holdings: 16,008,962 shares worth $330M.
- Ken Griffin added most to Citigroup in Q2 2018, an estimated $702M increase.
- Ken Griffin's biggest Q2 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $948M.
- Ken Griffin fully exited Time Warner Inc in Q2 2018, selling an estimated $268M.
- Ken Griffin's ten largest holdings make up 24% of its $203B portfolio in Q2 2018.
- Ken Griffin opened 1,572 new positions and closed 1,012 in Q2 2018.
- Ken Griffin's portfolio value rose 11% quarter-over-quarter to $203B.
Based on Citadel Advisors's 13F filing for Q2 2018, filed 10 Aug 2018.