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 | |
|---|---|---|---|---|---|---|
926
Intel
INTC
$527B
| $37.1M | 0.02% |
720,754
+124,581
| +21% | +$6.13M |
|
927
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.5B
| $37.1M | 0.02% |
666,567
+400,327
| +150% | +$23.2M |
|
|
GWR
928
DELISTED
Genesee & Wyoming Inc.
GWR
| $37.1M | 0.02% |
335,682
-145,375
| -30% | -$16M |
|
929
Methanex
MEOH
$4.17B
| $37M | 0.02% |
1,043,903
+422,083
| +68% | +$15.6M |
|
|
TXNM
930
TXNM Energy Inc
TXNM
$5.91B
| $37M | 0.02% |
710,894
-102,914
| -13% | -$5.2M |
|
931
Medtronic
MDT
$116B
| $37M | 0.02% |
340,625
-131,148
| -28% | -$13.7M |
|
932
PUT
KLA
KLAC
$274B
| $36.8M | 0.02% |
2,310,000
+1,399,000
| +154% | +$19.6M |
|
933
Wingstop
WING
$3.1B
| $36.8M | 0.02% |
421,167
+81,381
| +24% | +$7.74M |
|
934
CALL
General Dynamics
GD
$107B
| $36.7M | 0.02% |
200,900
+35,700
| +22% | +$6.63M |
|
935
PUT
Stryker
SYK
$131B
| $36.5M | 0.02% |
168,900
+91,000
| +117% | +$19.5M |
|
936
PUT
Illinois Tool Works
ITW
$83.3B
| $36.3M | 0.02% |
232,000
+137,500
| +146% | +$20.9M |
|
|
GLIBA
937
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $36.2M | 0.02% |
583,178
+18,222
| +3% | +$1.13M |
|
938
PUT
AB InBev
BUD
$158B
| $36M | 0.02% |
378,000
+145,300
| +62% | +$13.8M |
|
939
Shake Shack
SHAK
$2.94B
| $35.9M | 0.02% |
366,493
+356,188
| +3,456% | +$31.5M |
|
940
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $35.9M | 0.02% |
346,887
+222,950
| +180% | +$23.6M |
|
|
TIF
941
CALL
DELISTED
Tiffany & Co.
TIF
| $35.9M | 0.02% |
387,500
+167,000
| +76% | +$15.1M |
|
942
Progressive
PGR
$121B
| $35.9M | 0.02% |
464,205
-1,016,308
| -69% | -$79.9M |
|
943
PUT
Crown Castle
CCI
$31.5B
| $35.7M | 0.02% |
256,900
-18,400
| -7% | -$2.54M |
|
944
A.O. Smith
AOS
$8.51B
| $35.6M | 0.02% |
747,136
+265,406
| +55% | +$12.3M |
|
945
PUT
Hershey
HSY
$37.4B
| $35.5M | 0.02% |
228,900
+23,300
| +11% | +$3.52M |
|
946
LivaNova
LIVN
$4.53B
| $35.5M | 0.02% |
480,785
-89,875
| -16% | -$6.92M |
|
|
XEC
947
DELISTED
CIMAREX ENERGY CO
XEC
| $35.4M | 0.02% |
+738,966
| New | +$35M |
|
948
PUT
Veeva Systems
VEEV
$41B
| $35.4M | 0.02% |
231,800
-13,600
| -6% | -$2.18M |
|
|
MGP
949
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $35.2M | 0.02% |
1,170,534
-53,981
| -4% | -$1.62M |
|
950
Franco-Nevada
FNV
$45.5B
| $35.2M | 0.02% |
385,794
+359,867
| +1,388% | +$33M |
|
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 1,181 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.