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 | |
|---|---|---|---|---|---|---|
701
Camden Property Trust
CPT
$11.1B
| $52.3M | 0.02% |
470,811
+235,239
| +100% | +$25.3M |
|
702
Chevron
CVX
$388B
| $52.3M | 0.02% |
440,663
+361,023
| +453% | +$43.8M |
|
703
Cushman & Wakefield Ltd
CWK
$3.37B
| $52.3M | 0.02% |
2,820,023
-26,839
| -0.9% | -$486K |
|
704
Reinsurance Group of America
RGA
$16.4B
| $52.2M | 0.02% |
326,785
-141,913
| -30% | -$22M |
|
705
First Hawaiian
FHB
$3.39B
| $52M | 0.02% |
1,949,076
-600,157
| -24% | -$15.6M |
|
706
KBR
KBR
$4.81B
| $51.9M | 0.02% |
2,116,904
-1,024,703
| -33% | -$26M |
|
707
General Dynamics
GD
$106B
| $51.9M | 0.02% |
284,215
-74,576
| -21% | -$13.9M |
|
708
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.8B
| $51.9M | 0.02% |
+513,001
| New | +$51M |
|
|
WMGI
709
DELISTED
Wright Medical Group Inc
WMGI
| $51.9M | 0.02% |
2,513,872
+1,055,480
| +72% | +$25.1M |
|
710
PUT
Accenture
ACN
$109B
| $51.8M | 0.02% |
269,300
+43,100
| +19% | +$8.34M |
|
711
CALL
Palo Alto Networks
PANW
$323B
| $51.7M | 0.02% |
1,522,200
-1,017,000
| -40% | -$36M |
|
712
Melco Resorts & Entertainment
MLCO
$2.14B
| $51.6M | 0.02% |
2,659,514
+402,615
| +18% | +$8.74M |
|
713
PUT
Capri Holdings
CPRI
$1.77B
| $51.6M | 0.02% |
1,555,500
+887,600
| +133% | +$28.4M |
|
714
PUT
United Rentals
URI
$69.7B
| $51.6M | 0.02% |
413,700
-109,000
| -21% | -$13.2M |
|
715
PUT
Wayfair
W
$13.9B
| $51.4M | 0.02% |
458,300
-75,600
| -14% | -$9.67M |
|
716
Bristol-Myers Squibb
BMY
$132B
| $51.4M | 0.02% |
1,013,040
-3,376,244
| -77% | -$159M |
|
717
Nexstar Media Group
NXST
$5.81B
| $51.4M | 0.02% |
502,095
+51,693
| +11% | +$5.23M |
|
718
CALL
MetLife
MET
$61.9B
| $51.3M | 0.02% |
1,086,900
+593,900
| +120% | +$28.3M |
|
719
PUT
Yum! Brands
YUM
$41.2B
| $51.2M | 0.02% |
451,500
+190,400
| +73% | +$21.8M |
|
720
PUT
Zebra Technologies
ZBRA
$18B
| $51.1M | 0.02% |
247,800
+148,700
| +150% | +$30M |
|
721
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $51.1M | 0.02% |
847,000
+170,600
| +25% | +$10.3M |
|
722
PUT
Burlington
BURL
$22.4B
| $51M | 0.02% |
255,300
+73,100
| +40% | +$13.4M |
|
723
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$278M
| $51M | 0.02% |
783
+212
| +37% | +$15.2M |
|
724
PUT
Dell
DELL
$320B
| $51M | 0.02% |
1,938,867
+1,087,123
| +128% | +$28.8M |
|
725
PUT
Snap
SNAP
$8.96B
| $51M | 0.02% |
3,225,000
-2,570,500
| -44% | -$41.2M |
|
Similar funds
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.