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 | |
|---|---|---|---|---|---|---|
901
Baidu
BIDU
$35.5B
| $38.5M | 0.02% |
374,201
-48,998
| -12% | -$5.26M |
|
902
PUT
Motorola Solutions
MSI
$77.7B
| $38.4M | 0.02% |
225,500
+15,800
| +8% | +$2.71M |
|
|
FOLD
903
DELISTED
Amicus Therapeutics
FOLD
| $38.4M | 0.02% |
4,786,927
-8,582
| -0.2% | -$93.1K |
|
904
PUT
Spotify
SPOT
$101B
| $38.3M | 0.02% |
336,000
-12,200
| -4% | -$1.72M |
|
905
Moody's
MCO
$84.6B
| $38.2M | 0.02% |
186,709
-79,143
| -30% | -$16.6M |
|
906
CALL
BP
BP
$110B
| $38.2M | 0.02% |
1,004,300
+281,412
| +39% | +$10.7M |
|
907
PUT
Lumen
LUMN
$6.6B
| $38M | 0.02% |
3,046,600
+49,400
| +2% | +$587K |
|
908
Align Technology
ALGN
$12.4B
| $38M | 0.02% |
210,077
+5,901
| +3% | +$1.23M |
|
909
PUT
Zscaler
ZS
$30.4B
| $37.9M | 0.02% |
802,700
+566,300
| +240% | +$40.8M |
|
910
PUT
Dollar General
DG
$26.4B
| $37.8M | 0.02% |
238,100
+40,600
| +21% | +$5.87M |
|
911
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$278M
| $37.8M | 0.02% |
581
+188
| +48% | +$13.5M |
|
912
CALL
Sherwin-Williams
SHW
$87.4B
| $37.7M | 0.02% |
205,800
+42,900
| +26% | +$7.3M |
|
|
X
913
PUT
DELISTED
US Steel
X
| $37.7M | 0.02% |
3,265,500
-1,893,600
| -37% | -$24.4M |
|
914
Pultegroup
PHM
$24.6B
| $37.6M | 0.02% |
1,028,424
+906,343
| +742% | +$30.2M |
|
915
Rapid7
RPD
$929M
| $37.6M | 0.02% |
828,003
+138,251
| +20% | +$7.77M |
|
916
Eli Lilly
LLY
$1.08T
| $37.5M | 0.02% |
335,476
+34,070
| +11% | +$3.79M |
|
917
Fortis
FTS
$28.7B
| $37.5M | 0.02% |
886,440
-1,013,133
| -53% | -$41.3M |
|
918
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $37.5M | 0.02% |
430,032
+100,820
| +31% | +$8.76M |
|
919
PUT
eBay
EBAY
$45.5B
| $37.5M | 0.02% |
961,100
-757,000
| -44% | -$30.4M |
|
920
Telephone and Data Systems
TDS
$4.03B
| $37.5M | 0.02% |
1,451,861
+708,180
| +95% | +$19.8M |
|
|
K
921
PUT
DELISTED
Kellanova
K
| $37.4M | 0.02% |
619,724
+395,435
| +176% | +$22.6M |
|
922
PUT
Atlassian
TEAM
$42.1B
| $37.4M | 0.02% |
298,500
-73,700
| -20% | -$10M |
|
923
CALL
United States Oil Fund
USO
$1.77B
| $37.3M | 0.02% |
411,663
-122,087
| -23% | -$11.5M |
|
|
CXO
924
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $37.3M | 0.02% |
550,000
+269,400
| +96% | +$21.9M |
|
925
Madison Square Garden
MSGS
$9.97B
| $37.3M | 0.02% |
198,281
-310,522
| -61% | -$60.9M |
|
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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.