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 | 5.41% |
| 2 | Financials | 4.35% |
| 3 | Industrials | 4.03% |
| 4 | Healthcare | 3.98% |
| 5 | Consumer Discretionary | 3.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
6751
PUT
W&T Offshore
WTI
$554M
| $447K | ﹤0.01% |
102,400
-204,100
| -67% | -$934K |
|
|
SWIR
6752
DELISTED
Sierra Wireless
SWIR
| $447K | ﹤0.01% |
41,794
+31,755
| +316% | +$362K |
|
6753
CALL
Extreme Networks
EXTR
$3.2B
| $446K | ﹤0.01% |
61,300
+28,800
| +89% | +$208K |
|
|
WBK
6754
DELISTED
Westpac Banking Corporation
WBK
| $446K | ﹤0.01% |
22,299
+1,673
| +8% | +$32.7K |
|
6755
PUT
Navios Maritime Partners
NMM
$2.33B
| $445K | ﹤0.01% |
25,100
+14,000
| +126% | +$233K |
|
6756
Republic Bancorp
RBCAA
$1.92B
| $445K | ﹤0.01% |
+10,255
| New | +$467K |
|
6757
PUT
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.39B
| – | – |
0
| – | – |
|
6758
CALL
Methode Electronics
MEI
$608M
| $444K | ﹤0.01% |
13,200
-2,900
| -18% | -$87.9K |
|
6759
PUT
Outfront Media
OUT
$5.33B
| $444K | ﹤0.01% |
16,256
-44,296
| -73% | -$1.18M |
|
|
WNS
6760
DELISTED
WNS Holdings
WNS
| $444K | ﹤0.01% |
7,557
-2,856
| -27% | -$174K |
|
6761
US Commodity Index
USCI
$375M
| $443K | ﹤0.01% |
12,365
-1,404
| -10% | -$50.4K |
|
|
EUMV
6762
DELISTED
iShares Edge MSCI Min Vol Europe ETF
EUMV
| $443K | ﹤0.01% |
+17,434
| New | +$439K |
|
6763
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.87B
| $442K | ﹤0.01% |
6,660
-3,268
| -33% | -$219K |
|
|
ITCI
6764
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $442K | ﹤0.01% |
59,200
-60,900
| -51% | -$584K |
|
6765
KT
KT
$9.11B
| $441K | ﹤0.01% |
38,966
-48,213
| -55% | -$557K |
|
|
MGLN
6766
PUT
DELISTED
Magellan Health Services, Inc.
MGLN
| $441K | ﹤0.01% |
7,100
-3,300
| -32% | -$220K |
|
6767
Cheesecake Factory
CAKE
$5.64B
| $440K | ﹤0.01% |
10,562
-175,395
| -94% | -$7.22M |
|
6768
Donegal Group Class A
DGICA
$696M
| $440K | ﹤0.01% |
+30,010
| New | +$437K |
|
6769
PUT
Globe Life
GL
$14.1B
| $440K | ﹤0.01% |
4,600
-18,400
| -80% | -$1.67M |
|
|
PVLA
6770
Palvella Therapeutics
PVLA
$2.25B
| $440K | ﹤0.01% |
1,612
-383
| -19% | -$148K |
|
6771
Arrow Financial
AROW
$727M
| $439K | ﹤0.01% |
+14,805
| New | +$427K |
|
6772
PUT
Calumet Specialty Products
CLMT
$4.19B
| $439K | ﹤0.01% |
120,700
-7,900
| -6% | -$33.8K |
|
6773
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$456M
| $439K | ﹤0.01% |
15,565
+5,381
| +53% | +$150K |
|
6774
CALL
NETGEAR
NTGR
$656M
| $438K | ﹤0.01% |
13,600
-800
| -6% | -$25.1K |
|
|
STKL
6775
DELISTED
SunOpta
STKL
| $438K | ﹤0.01% |
243,237
+52,595
| +28% | +$136K |
|
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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 5.4% of assets, down from 5.6% 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 1,180 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.