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 |
Morgan Stanley
MS
|
+$798M |
| 2 |
AT&T
T
|
+$527M |
| 3 |
Microchip Technology
MCHP
|
+$472M |
| 4 |
Netflix
NFLX
|
+$446M |
| 5 |
PNC Financial Services
PNC
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$694M |
| 2 |
KeyCorp
KEY
|
+$401M |
| 3 |
Deere & Co
DE
|
+$322M |
| 4 |
CSX Corp
CSX
|
+$318M |
| 5 |
NXP Semiconductors
NXPI
|
+$314M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 5.93% |
| 2 | Technology | 4.66% |
| 3 | Healthcare | 4.45% |
| 4 | Industrials | 4.14% |
| 5 | Consumer Discretionary | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
7076
PUT
Lexicon Pharmaceuticals
LXRX
$1.03B
| $366K | ﹤0.01% |
34,300
+22,600
| +193% | +$259K |
|
7077
Sunrun
RUN
$2.45B
| $366K | ﹤0.01% |
+29,406
| New | +$407K |
|
7078
Tompkins Financial
TMP
$1.46B
| $366K | ﹤0.01% |
4,515
-6,211
| -58% | -$537K |
|
7079
Unitil
UTL
$995M
| $366K | ﹤0.01% |
7,203
-39,216
| -84% | -$2M |
|
|
PRTY
7080
CALL
DELISTED
Party City Holdco Inc.
PRTY
| $366K | ﹤0.01% |
27,000
-127,100
| -82% | -$1.95M |
|
|
SYKE
7081
PUT
DELISTED
SYKES Enterprises Inc
SYKE
| $366K | ﹤0.01% |
12,000
+100
| +0.8% | +$2.98K |
|
|
CRAY
7082
CALL
DELISTED
Cray, Inc.
CRAY
| $366K | ﹤0.01% |
+17,000
| New | +$392K |
|
|
REV
7083
PUT
DELISTED
Revlon, Inc.
REV
| $366K | ﹤0.01% |
+16,400
| New | +$311K |
|
7084
CALL
Essential Utilities
WTRG
$11.5B
| $365K | ﹤0.01% |
9,900
-3,300
| -25% | -$122K |
|
|
EMES
7085
PUT
DELISTED
Emerge Energy Services LP
EMES
| $365K | ﹤0.01% |
91,600
-31,800
| -26% | -$189K |
|
|
CBB
7086
CALL
DELISTED
Cincinnati Bell Inc.
CBB
| $365K | ﹤0.01% |
+22,900
| New | +$319K |
|
|
BPT
7087
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $364K | ﹤0.01% |
10,579
-13,666
| -56% | -$410K |
|
7088
PUT
Deluxe
DLX
$1.1B
| $364K | ﹤0.01% |
6,400
-200
| -3% | -$12.1K |
|
|
OPRA
7089
Opera Ltd
OPRA
$1.82B
| $364K | ﹤0.01% |
+40,477
| New | +$469K |
|
7090
CALL
Virtu Financial
VIRT
$5.3B
| $364K | ﹤0.01% |
17,800
-1,200
| -6% | -$27.3K |
|
|
AMBR
7091
DELISTED
Amber Road Inc
AMBR
| $364K | ﹤0.01% |
37,852
-7,067
| -16% | -$62.9K |
|
7092
PUT
CNO Financial Group
CNO
$5.11B
| $363K | ﹤0.01% |
+17,100
| New | +$359K |
|
7093
PUT
Glaukos
GKOS
$10.9B
| $363K | ﹤0.01% |
+5,600
| New | +$275K |
|
|
HEES
7094
CALL
DELISTED
H&E Equipment Services
HEES
| $363K | ﹤0.01% |
+9,600
| New | +$348K |
|
7095
Regions Financial
RF
$27.2B
| $363K | ﹤0.01% |
19,805
-938,222
| -98% | -$17.7M |
|
|
TRVG
7096
CALL
trivago
TRVG
$360M
| $363K | ﹤0.01% |
11,780
+9,080
| +336% | +$212K |
|
7097
Franklin Resources
BEN
$17.2B
| $362K | ﹤0.01% |
11,917
-44,226
| -79% | -$1.43M |
|
7098
Comstock Resources
CRK
$4.13B
| $362K | ﹤0.01% |
43,207
-9,416
| -18% | -$88.2K |
|
7099
PUT
Dorman Products
DORM
$4.05B
| $362K | ﹤0.01% |
4,700
+200
| +4% | +$15.3K |
|
7100
Eastman Chemical
EMN
$8.47B
| $362K | ﹤0.01% |
3,779
-113,956
| -97% | -$11.3M |
|
Similar funds
Ken Griffin's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Griffin held 10,190 positions worth $224B, up 10% from $203B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Ken Griffin deployed $7.48B of net new capital in Q3 2018, opening 1,427 new positions and adding to 4,227 existing holdings. Its largest new stake was Alibaba: 1,030,311 shares worth $170M.
By sector, the portfolio is most concentrated in Financials at 5.9% of assets, down from 6.2% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $694M trimmed.
- Ken Griffin's largest Q3 2018 buy was Alibaba: 1,030,311 shares worth $170M.
- Ken Griffin added most to Morgan Stanley in Q3 2018, an estimated $798M increase.
- Ken Griffin's biggest Q3 2018 reduction was Goldman Sachs, cutting an estimated $694M.
- Ken Griffin fully exited XL Group Ltd. in Q3 2018, selling an estimated $207M.
- Ken Griffin's ten largest holdings make up 25% of its $224B portfolio in Q3 2018.
- Ken Griffin opened 1,427 new positions and closed 1,043 in Q3 2018.
- Ken Griffin's portfolio value rose 10% quarter-over-quarter to $224B.
Based on Citadel Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.