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 | |
|---|---|---|---|---|---|---|
7276
Natural Gas Services Group
NGS
$490M
| $318K | ﹤0.01% |
+24,839
| New | +$340K |
|
7277
Invesco Oil & Gas Services ETF
PXJ
$67.1M
| $318K | ﹤0.01% |
13,412
-2,815
| -17% | -$73.8K |
|
7278
CALL
CareDx
CDNA
$2.34B
| $317K | ﹤0.01% |
14,000
-9,700
| -41% | -$269K |
|
7279
CALL
Cinemark Holdings
CNK
$4.33B
| $317K | ﹤0.01% |
8,200
-2,300
| -22% | -$87.9K |
|
|
DMC
7280
PUT
Del Monte Corp
DMC
$1.43B
| $317K | ﹤0.01% |
+9,300
| New | +$264K |
|
|
EGRX
7281
PUT
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $317K | ﹤0.01% |
5,600
-6,100
| -52% | -$343K |
|
7282
Algonquin Power & Utilities
AQN
$4.53B
| $316K | ﹤0.01% |
23,054
-130,537
| -85% | -$1.69M |
|
7283
Boston Omaha
BOC
$420M
| $316K | ﹤0.01% |
+15,943
| New | +$340K |
|
|
TDAY
7284
CALL
USA Today Co
TDAY
$1.03B
| $316K | ﹤0.01% |
+35,900
| New | +$327K |
|
|
KNDI
7285
PUT
Kandi Technologies Group
KNDI
$63M
| $316K | ﹤0.01% |
67,800
-43,200
| -39% | -$223K |
|
|
DAY
7286
CALL
DELISTED
Dayforce
DAY
| $316K | ﹤0.01% |
+6,400
| New | +$334K |
|
7287
CALL
Equinor
EQNR
$96.8B
| $315K | ﹤0.01% |
+16,600
| New | +$305K |
|
7288
Huazhu Hotels Group
HTHT
$12.9B
| $315K | ﹤0.01% |
9,544
-19,828
| -68% | -$668K |
|
7289
Service Corp International
SCI
$11.5B
| $315K | ﹤0.01% |
6,588
-154,334
| -96% | -$7.24M |
|
|
TGP
7290
PUT
DELISTED
Teekay LNG Partners L.P.
TGP
| $315K | ﹤0.01% |
23,100
-29,100
| -56% | -$434K |
|
|
JCP
7291
DELISTED
J.C. Penney Company, Inc.
JCP
| $315K | ﹤0.01% |
354,763
+73,327
| +26% | +$61.6K |
|
7292
CALL
Amkor Technology
AMKR
$14.7B
| $314K | ﹤0.01% |
34,500
+3,600
| +12% | +$30.9K |
|
7293
CALL
Loews
L
$23.1B
| $314K | ﹤0.01% |
6,100
-5,500
| -47% | -$284K |
|
|
CNXM
7294
CALL
DELISTED
CNX Midstream Partners LP
CNXM
| $314K | ﹤0.01% |
22,300
+4,800
| +27% | +$69K |
|
7295
CALL
8x8 Inc
EGHT
$300M
| $313K | ﹤0.01% |
15,100
-42,100
| -74% | -$1.02M |
|
7296
First Trust Ultra Short Duration Municipal ETF
FUMB
$248M
| $313K | ﹤0.01% |
15,567
-14,142
| -48% | -$284K |
|
|
AIMC
7297
PUT
DELISTED
Altra Industrial Motion Corp
AIMC
| $313K | ﹤0.01% |
+11,300
| New | +$323K |
|
|
JCP
7298
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $313K | ﹤0.01% |
351,700
-373,200
| -51% | -$313K |
|
7299
CALL
Middlesex Water
MSEX
$1.11B
| $312K | ﹤0.01% |
4,800
-600
| -11% | -$36.5K |
|
|
NOAH
7300
CALL
Noah Holdings
NOAH
$592M
| $312K | ﹤0.01% |
+10,700
| New | +$341K |
|
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 5.4% 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.