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 |
Amazon
AMZN
|
+$615M |
| 2 |
Uber
UBER
|
+$551M |
| 3 |
Expedia Group
EXPE
|
+$523M |
| 4 |
PayPal
PYPL
|
+$452M |
| 5 |
Eaton
ETN
|
+$408M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$681M |
| 2 |
RTN
Raytheon Company
RTN
|
+$543M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$537M |
| 4 |
Charter Communications
CHTR
|
+$472M |
| 5 |
SPDR Gold Trust
GLD
|
+$464M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.29% |
| 2 | Financials | 4.55% |
| 3 | Industrials | 4.18% |
| 4 | Healthcare | 4.08% |
| 5 | Consumer Discretionary | 3.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Clarivate
CLVT
$1.25B
| $39.8M | 0.02% |
2,366,471
+2,099,398
| +786% | +$35.4M |
|
|
BMY.RT
877
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $39.7M | 0.02% |
+13,174,103
| New | +$34.3M |
|
878
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $39.6M | 0.02% |
628,429
-619,118
| -50% | -$38.1M |
|
879
CALL
Seagate
STX
$209B
| $39.5M | 0.02% |
664,500
-152,500
| -19% | -$8.76M |
|
880
PUT
US Bancorp
USB
$101B
| $39.5M | 0.02% |
666,000
-142,000
| -18% | -$8.21M |
|
881
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $39.4M | 0.02% |
105,000
-9,100
| -8% | -$3.29M |
|
882
SITE Centers
SITC
$156M
| $39.4M | 0.02% |
3,601,557
+886,120
| +33% | +$10.1M |
|
883
Newmont
NEM
$120B
| $39.4M | 0.02% |
906,237
+187,599
| +26% | +$7.33M |
|
884
Ambev
ABEV
$43.5B
| $39.3M | 0.02% |
8,435,427
+6,668,880
| +378% | +$29.6M |
|
885
RLJ Lodging Trust
RLJ
$1.67B
| $39.3M | 0.02% |
2,218,038
-510,950
| -19% | -$8.68M |
|
|
UMPQ
886
DELISTED
Umpqua Holdings Corp
UMPQ
| $39.3M | 0.02% |
2,220,145
+1,904,368
| +603% | +$31.5M |
|
887
Canadian National Railway
CNI
$76.4B
| $39.3M | 0.02% |
434,217
+289,433
| +200% | +$26M |
|
888
CALL
Blackrock
BLK
$180B
| $39.2M | 0.02% |
77,900
-26,800
| -26% | -$12.7M |
|
889
PUT
Estee Lauder
EL
$31.6B
| $39.2M | 0.02% |
189,600
-15,700
| -8% | -$3.05M |
|
890
CALL
S&P Global
SPGI
$125B
| $39.2M | 0.02% |
143,400
-60,200
| -30% | -$15.6M |
|
|
TXNM
891
TXNM Energy Inc
TXNM
$5.91B
| $39.1M | 0.02% |
770,131
+59,237
| +8% | +$2.97M |
|
892
PUT
Illinois Tool Works
ITW
$83.3B
| $39M | 0.02% |
217,300
-14,700
| -6% | -$2.49M |
|
893
CALL
Veeva Systems
VEEV
$41B
| $39M | 0.02% |
277,400
-37,100
| -12% | -$5.45M |
|
894
Vipshop
VIPS
$6.94B
| $38.8M | 0.02% |
2,740,172
+2,585,547
| +1,672% | +$30.6M |
|
895
Ralph Lauren
RL
$23.6B
| $38.8M | 0.02% |
331,049
+177,054
| +115% | +$18.7M |
|
|
ZIONW
896
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $38.7M | 0.02% |
1,974,002
+1,000,000
| +103% | +$16.1M |
|
897
CALL
Vertex Pharmaceuticals
VRTX
$133B
| $38.7M | 0.02% |
176,800
+66,600
| +60% | +$13.5M |
|
898
Idacorp
IDA
$8.21B
| $38.6M | 0.02% |
361,780
+228,273
| +171% | +$24.4M |
|
899
Alcon
ALC
$35.5B
| $38.6M | 0.02% |
682,966
-260,946
| -28% | -$14.9M |
|
900
CALL
Align Technology
ALGN
$12.4B
| $38.6M | 0.02% |
138,200
-7,000
| -5% | -$1.75M |
|
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Ken Griffin's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Griffin held 10,299 positions worth $230B, up 8.7% from $212B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Griffin withdrew a net $8.18B in Q4 2019, closing 1,266 positions and reducing 4,117 holdings. Its most notable exit was Celgene Corp, an estimated $681M 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 Interxion Holding N.V. worth $83.9M.
- Ken Griffin's largest Q4 2019 buy was Interxion Holding N.V.: 1,000,931 shares worth $83.9M.
- Ken Griffin added most to Amazon in Q4 2019, an estimated $615M increase.
- Ken Griffin's biggest Q4 2019 reduction was Raytheon Company, cutting an estimated $543M.
- Ken Griffin fully exited Celgene Corp in Q4 2019, selling an estimated $681M.
- Ken Griffin's ten largest holdings make up 23% of its $230B portfolio in Q4 2019.
- Ken Griffin opened 1,220 new positions and closed 1,266 in Q4 2019.
- Ken Griffin's portfolio value rose 8.7% quarter-over-quarter to $230B.
Based on Citadel Advisors's 13F filing for Q4 2019, filed 14 Feb 2020.