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 |
Verizon
VZ
|
+$531M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$479M |
| 3 |
Charter Communications
CHTR
|
+$431M |
| 4 |
SPDR Gold Trust
GLD
|
+$431M |
| 5 |
RTN
Raytheon Company
RTN
|
+$317M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RHT
Red Hat Inc
RHT
|
+$541M |
| 2 |
Adobe
ADBE
|
+$381M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$355M |
| 4 |
Philip Morris
PM
|
+$339M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$317M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.29% |
| 2 | Financials | 4.31% |
| 3 | Industrials | 4.01% |
| 4 | Healthcare | 3.77% |
| 5 | Consumer Discretionary | 3.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Wells Fargo
WFC
$266B
| $75.3M | 0.04% |
1,492,321
-4,430,532
| -75% | -$209M |
|
527
CALL
Cigna
CI
$73.5B
| $75.1M | 0.04% |
494,900
-57,300
| -10% | -$9.33M |
|
528
Tesla
TSLA
$1.34T
| $75.1M | 0.04% |
4,677,195
-11,370,300
| -71% | -$178M |
|
|
TCF
529
DELISTED
TCF Financial Corporation Common Stock
TCF
| $74.9M | 0.04% |
1,968,166
+1,674,917
| +571% | +$66.6M |
|
530
PUT
SLB Ltd
SLB
$77.3B
| $74.9M | 0.04% |
2,191,000
+847,500
| +63% | +$31M |
|
531
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $74.7M | 0.04% |
835,325
+282,575
| +51% | +$26.6M |
|
532
CALL
3M
MMM
$94.2B
| $74.6M | 0.04% |
542,984
+15,787
| +3% | +$2.21M |
|
|
DISCK
533
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $74.2M | 0.04% |
3,013,004
-2,749,238
| -48% | -$74.3M |
|
|
DAY
534
DELISTED
Dayforce
DAY
| $74.2M | 0.04% |
1,502,039
+719,785
| +92% | +$37.6M |
|
535
Booking.com
BKNG
$160B
| $73.8M | 0.03% |
940,225
+899,925
| +2,233% | +$69.7M |
|
536
Paycom
PAYC
$10.1B
| $73.7M | 0.03% |
351,883
+205,775
| +141% | +$48.1M |
|
537
Kohl's
KSS
$2.22B
| $73.5M | 0.03% |
1,479,674
+814,389
| +122% | +$39.9M |
|
538
PTC Therapeutics
PTCT
$6.01B
| $73.4M | 0.03% |
2,171,616
+382,672
| +21% | +$16.7M |
|
539
Saic
SAIC
$5.35B
| $73.1M | 0.03% |
837,056
+185,120
| +28% | +$15.7M |
|
540
PUT
Ulta Beauty
ULTA
$22.2B
| $72.8M | 0.03% |
290,600
+75,800
| +35% | +$23.3M |
|
|
PDCE
541
DELISTED
PDC Energy, Inc.
PDCE
| $72.8M | 0.03% |
2,622,435
+632,991
| +32% | +$19M |
|
542
Crown Holdings
CCK
$12.9B
| $72.7M | 0.03% |
1,101,098
+366,604
| +50% | +$23.5M |
|
543
PUT
NextEra Energy
NEE
$179B
| $72.7M | 0.03% |
1,248,800
+88,400
| +8% | +$4.78M |
|
544
United Rentals
URI
$69.7B
| $72.5M | 0.03% |
581,818
-555,707
| -49% | -$67.4M |
|
545
Genpact
G
$5.78B
| $72.3M | 0.03% |
1,865,214
+1,645,683
| +750% | +$65.2M |
|
|
EA
546
PUT
DELISTED
Electronic Arts
EA
| $72M | 0.03% |
735,600
-168,500
| -19% | -$15.8M |
|
547
CALL
PepsiCo
PEP
$192B
| $71.9M | 0.03% |
524,300
+3,100
| +0.6% | +$412K |
|
548
PUT
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $71.7M | 0.03% |
1,977,500
+264,600
| +15% | +$10.3M |
|
549
CALL
XPO
XPO
$24.7B
| $71.4M | 0.03% |
2,885,322
+2,300,104
| +393% | +$53.2M |
|
550
Centene
CNC
$32.6B
| $71.3M | 0.03% |
1,649,149
-383,863
| -19% | -$18.7M |
|
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Ken Griffin's Q3 2019 Portfolio in Review
As of Q3 2019, Ken Griffin held 10,267 positions worth $212B, down 2.8% from $218B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Ken Griffin withdrew a net $9.1B in Q3 2019, closing 1,180 positions and reducing 3,668 holdings. Its most notable exit was Red Hat Inc, an estimated $541M position sold in full.
By sector, the portfolio is most concentrated in Technology at 5.3% of assets, down from 5.4% a quarter earlier, followed by Financials and Industrials.
Against the trend, Ken Griffin opened a new position in KKR & Co worth $200M.
- Ken Griffin's largest Q3 2019 buy was KKR & Co: 7,452,706 shares worth $200M.
- Ken Griffin added most to Verizon in Q3 2019, an estimated $531M increase.
- Ken Griffin's biggest Q3 2019 reduction was Adobe, cutting an estimated $381M.
- Ken Griffin fully exited Red Hat Inc in Q3 2019, selling an estimated $541M.
- Ken Griffin's ten largest holdings make up 20% of its $212B portfolio in Q3 2019.
- Ken Griffin opened 1,181 new positions and closed 1,180 in Q3 2019.
- Ken Griffin's portfolio value fell 2.8% quarter-over-quarter to $212B.
Based on Citadel Advisors's 13F filing for Q3 2019, filed 14 Nov 2019.