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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.04B |
| 2 |
Meta Platforms (Facebook)
META
|
+$742M |
| 3 |
Wells Fargo
WFC
|
+$363M |
| 4 |
Salesforce
CRM
|
+$310M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$869M |
| 2 |
Apple
AAPL
|
+$693M |
| 3 |
PPLI
People Inc
PPLI
|
+$488M |
| 4 |
Expedia Group
EXPE
|
+$409M |
| 5 |
Charter Communications
CHTR
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Healthcare | 2.64% |
| 3 | Financials | 2.22% |
| 4 | Consumer Discretionary | 2.1% |
| 5 | Industrials | 1.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
Qualcomm
QCOM
$171B
| $445M | 0.13% |
3,783,600
+1,483,400
| +64% | +$158M |
|
77
PUT
Broadcom
AVGO
$1.98T
| $442M | 0.13% |
12,133,000
-321,000
| -3% | -$10.8M |
|
78
PUT
PayPal
PYPL
$50.5B
| $430M | 0.12% |
2,181,900
+131,600
| +6% | +$24.8M |
|
79
Bristol-Myers Squibb
BMY
$130B
| $428M | 0.12% |
7,105,761
+1,081,490
| +18% | +$65.1M |
|
80
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $428M | 0.12% |
3,512,500
+419,900
| +14% | +$51.2M |
|
81
CALL
Berkshire Hathaway Class B
BRK.B
$1.11T
| $426M | 0.12% |
2,001,000
-47,100
| -2% | -$9.63M |
|
82
CALL
Home Depot
HD
$353B
| $421M | 0.12% |
1,515,500
+259,000
| +21% | +$70.2M |
|
|
83
CALL
PayPal
PYPL
$50.5B
| $413M | 0.12% |
2,097,600
-194,300
| -8% | -$36.6M |
|
84
PUT
Walmart Inc
WMT
$901B
| $402M | 0.11% |
8,613,600
+2,074,200
| +32% | +$92.2M |
|
85
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $397M | 0.11% |
2,433,400
-681,300
| -22% | -$113M |
|
86
CALL
Booking.com
BKNG
$160B
| $396M | 0.11% |
5,792,500
-1,745,000
| -23% | -$123M |
|
87
Micron Technology
MU
$981B
| $376M | 0.11% |
8,001,586
+4,713,915
| +143% | +$228M |
|
88
Bank of America
BAC
$448B
| $373M | 0.11% |
15,482,692
+3,030,057
| +24% | +$75.4M |
|
89
Morgan Stanley
MS
$338B
| $372M | 0.11% |
7,691,648
+1,899,156
| +33% | +$95.7M |
|
90
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $372M | 0.11% |
1,339,700
+331,900
| +33% | +$90.7M |
|
91
Microsoft
MSFT
$3.74T
| $362M | 0.1% |
1,720,499
+173,198
| +11% | +$36.4M |
|
92
CALL
FedEx
FDX
$76.3B
| $358M | 0.1% |
1,424,700
+638,800
| +81% | +$128M |
|
93
Citigroup
C
$228B
| $357M | 0.1% |
8,291,742
+4,070,749
| +96% | +$203M |
|
|
94
Salesforce
CRM
$162B
| $357M | 0.1% |
1,421,355
+1,416,066
| +26,774% | +$310M |
|
95
CALL
Roku
ROKU
$22.4B
| $351M | 0.1% |
1,860,500
-27,800
| -1% | -$4.4M |
|
96
PUT
Intel
INTC
$493B
| $348M | 0.1% |
6,726,700
+2,649,200
| +65% | +$138M |
|
97
PUT
Gilead Sciences
GILD
$168B
| $344M | 0.1% |
5,444,300
+158,200
| +3% | +$11M |
|
98
PUT
Mercado Libre
MELI
$98.4B
| $339M | 0.1% |
313,500
+35,100
| +13% | +$38.1M |
|
99
CALL
Trade Desk
TTD
$6.37B
| $337M | 0.1% |
6,495,000
+438,000
| +7% | +$20M |
|
100
JPMorgan Chase
JPM
$962B
| $329M | 0.09% |
3,417,418
-469,317
| -12% | -$46.1M |
|
Similar funds
Ken Griffin's Q3 2020 Portfolio in Review
As of Q3 2020, Ken Griffin held 11,253 positions worth $353B, up 26% from $280B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Ken Griffin deployed $24.6B of net new capital in Q3 2020, opening 1,597 new positions and adding to 4,071 existing holdings. Its largest new stake was iShares MSCI EAFE ETF: 4,016,602 shares worth $256M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.3% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Amazon, an estimated $869M trimmed.
- Ken Griffin's largest Q3 2020 buy was iShares MSCI EAFE ETF: 4,016,602 shares worth $256M.
- Ken Griffin added most to State Street SPDR S&P 500 ETF Trust in Q3 2020, an estimated $1.04B increase.
- Ken Griffin's biggest Q3 2020 reduction was Amazon, cutting an estimated $869M.
- Ken Griffin fully exited Intel in Q3 2020, selling an estimated $249M.
- Ken Griffin's ten largest holdings make up 36% of its $353B portfolio in Q3 2020.
- Ken Griffin opened 1,597 new positions and closed 1,264 in Q3 2020.
- Ken Griffin's portfolio value rose 26% quarter-over-quarter to $353B.
Based on Citadel Advisors's 13F filing for Q3 2020, filed 16 Nov 2020.