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 |
Citigroup
C
|
+$702M |
| 2 |
Applied Materials
AMAT
|
+$507M |
| 3 |
Keurig Dr Pepper
KDP
|
+$387M |
| 4 |
KeyCorp
KEY
|
+$383M |
| 5 |
Visa
V
|
+$349M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$948M |
| 2 |
Broadcom
AVGO
|
+$446M |
| 3 |
NXP Semiconductors
NXPI
|
+$434M |
| 4 |
Analog Devices
ADI
|
+$309M |
| 5 |
Lam Research
LRCX
|
+$269M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 6.16% |
| 2 | Technology | 4.5% |
| 3 | Industrials | 4.26% |
| 4 | Consumer Discretionary | 4.07% |
| 5 | Healthcare | 3.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
NXP Semiconductors
NXPI
$59.6B
| $430M | 0.21% |
3,937,716
-3,935,977
| -50% | -$434M |
|
52
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $422M | 0.21% |
1,737,100
-561,300
| -24% | -$138M |
|
53
Meta Platforms (Facebook)
META
$1.53T
| $411M | 0.2% |
2,114,928
-100,307
| -5% | -$18.1M |
|
54
PUT
JPMorgan Chase
JPM
$962B
| $408M | 0.2% |
3,913,400
+368,200
| +10% | +$40.4M |
|
55
Microsoft
MSFT
$3.74T
| $403M | 0.2% |
4,084,217
-2,230,621
| -35% | -$216M |
|
|
AET
56
DELISTED
Aetna Inc
AET
| $402M | 0.2% |
2,191,063
+475,566
| +28% | +$84.8M |
|
57
Adobe
ADBE
$105B
| $393M | 0.19% |
1,613,630
+140,692
| +10% | +$33.3M |
|
58
Honeywell
HON
$72.9B
| $387M | 0.19% |
2,974,101
+1,207,514
| +68% | +$161M |
|
|
59
Broadcom
AVGO
$1.98T
| $384M | 0.19% |
15,841,820
-18,188,390
| -53% | -$446M |
|
60
Trane Technologies
TT
$106B
| $384M | 0.19% |
4,278,795
+1,737,088
| +68% | +$152M |
|
61
TJX Companies
TJX
$172B
| $378M | 0.19% |
7,946,990
-476,368
| -6% | -$20.9M |
|
|
APC
62
PUT
DELISTED
Anadarko Petroleum
APC
| $365M | 0.18% |
4,976,200
+1,455,300
| +41% | +$98.6M |
|
63
M&T Bank
MTB
$36.4B
| $362M | 0.18% |
2,129,252
+830,283
| +64% | +$149M |
|
64
Wells Fargo
WFC
$264B
| $344M | 0.17% |
6,203,041
+5,261,650
| +559% | +$282M |
|
65
CSX Corp
CSX
$92.5B
| $335M | 0.16% |
15,762,945
-774,285
| -5% | -$15.9M |
|
66
Equitable Holdings
EQH
$14B
| $330M | 0.16% |
+16,008,962
| New | +$341M |
|
67
Devon Energy
DVN
$49.9B
| $329M | 0.16% |
7,481,419
+6,861,372
| +1,107% | +$266M |
|
68
Northern Trust
NTRS
$34.4B
| $328M | 0.16% |
3,191,627
+1,352,689
| +74% | +$143M |
|
69
CALL
Baidu
BIDU
$35.9B
| $327M | 0.16% |
1,346,100
+393,700
| +41% | +$98M |
|
70
Deere & Co
DE
$167B
| $323M | 0.16% |
2,309,152
+391,510
| +20% | +$57.7M |
|
71
PUT
Goldman Sachs
GS
$301B
| $317M | 0.16% |
1,438,800
-247,100
| -15% | -$58.9M |
|
|
72
CALL
Visa
V
$677B
| $316M | 0.16% |
2,385,400
+564,600
| +31% | +$72.7M |
|
73
Restaurant Brands International
QSR
$25.6B
| $314M | 0.15% |
5,206,413
+565,117
| +12% | +$32.4M |
|
74
Marvell Technology
MRVL
$191B
| $311M | 0.15% |
14,521,686
+8,435,567
| +139% | +$180M |
|
75
Progressive
PGR
$123B
| $307M | 0.15% |
5,194,084
+3,062,993
| +144% | +$188M |
|
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Ken Griffin's Q2 2018 Portfolio in Review
As of Q2 2018, Ken Griffin held 9,765 positions worth $203B, up 11% from $184B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Griffin deployed $8.95B of net new capital in Q2 2018, opening 1,572 new positions and adding to 4,159 existing holdings. Its largest new stake was Equitable Holdings: 16,008,962 shares worth $330M.
By sector, the portfolio is most concentrated in Financials at 6.2% of assets, up from 4.9% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $948M trimmed.
- Ken Griffin's largest Q2 2018 buy was Equitable Holdings: 16,008,962 shares worth $330M.
- Ken Griffin added most to Citigroup in Q2 2018, an estimated $702M increase.
- Ken Griffin's biggest Q2 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $948M.
- Ken Griffin fully exited Time Warner Inc in Q2 2018, selling an estimated $268M.
- Ken Griffin's ten largest holdings make up 24% of its $203B portfolio in Q2 2018.
- Ken Griffin opened 1,572 new positions and closed 1,012 in Q2 2018.
- Ken Griffin's portfolio value rose 11% quarter-over-quarter to $203B.
Based on Citadel Advisors's 13F filing for Q2 2018, filed 10 Aug 2018.