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 |
Morgan Stanley
MS
|
+$798M |
| 2 |
AT&T
T
|
+$527M |
| 3 |
Microchip Technology
MCHP
|
+$472M |
| 4 |
Netflix
NFLX
|
+$446M |
| 5 |
PNC Financial Services
PNC
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$694M |
| 2 |
KeyCorp
KEY
|
+$401M |
| 3 |
Deere & Co
DE
|
+$322M |
| 4 |
CSX Corp
CSX
|
+$318M |
| 5 |
NXP Semiconductors
NXPI
|
+$314M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 5.91% |
| 2 | Technology | 4.35% |
| 3 | Healthcare | 4.25% |
| 4 | Industrials | 4.06% |
| 5 | Consumer Discretionary | 3.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CTXS
1026
PUT
DELISTED
Citrix Systems Inc
CTXS
| $30.6M | 0.01% |
275,400
+32,100
| +13% | +$3.55M |
|
1027
Olin
OLN
$2.13B
| $30.6M | 0.01% |
1,191,316
+651,565
| +121% | +$19.1M |
|
1028
PUT
Gen Digital
GEN
$17.7B
| $30.6M | 0.01% |
1,437,400
-326,300
| -19% | -$6.65M |
|
1029
PUT
Burlington
BURL
$22.3B
| $30.6M | 0.01% |
187,700
+83,600
| +80% | +$13.3M |
|
1030
PUT
Dollar Tree
DLTR
$24.7B
| $30.5M | 0.01% |
374,100
-103,600
| -22% | -$9.1M |
|
1031
CALL
General Dynamics
GD
$107B
| $30.4M | 0.01% |
148,400
-24,200
| -14% | -$4.74M |
|
1032
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.5B
| $30.4M | 0.01% |
339,400
-2,200
| -0.6% | -$198K |
|
|
GSKY
1033
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $30.3M | 0.01% |
1,683,715
+1,760
| +0.1% | +$33.6K |
|
1034
Hilton Grand Vacations
HGV
$3.49B
| $30.2M | 0.01% |
912,294
+661,030
| +263% | +$22M |
|
1035
Bausch Health
BHC
$2.37B
| $30.1M | 0.01% |
1,173,768
-56,779
| -5% | -$1.3M |
|
1036
Texas Instruments
TXN
$250B
| $30.1M | 0.01% |
280,486
+182,595
| +187% | +$20.3M |
|
1037
Elanco Animal Health
ELAN
$11.1B
| $30.1M | 0.01% |
+861,842
| New | +$30.3M |
|
1038
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $29.8M | 0.01% |
259,700
+176,300
| +211% | +$20.3M |
|
1039
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $29.8M | 0.01% |
553,400
-328,500
| -37% | -$17.6M |
|
|
DRNA
1040
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $29.8M | 0.01% |
1,950,195
+237,880
| +14% | +$3.46M |
|
1041
PUT
ProShares UltraShort S&P500
SDS
$365M
| $29.7M | 0.01% |
35,856
+7,592
| +27% | +$6.61M |
|
|
GWPH
1042
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $29.6M | 0.01% |
171,600
+46,400
| +37% | +$6.69M |
|
1043
Hain Celestial
HAIN
$52.9M
| $29.6M | 0.01% |
1,092,131
+620,142
| +131% | +$17.7M |
|
1044
General Motors
GM
$75.8B
| $29.4M | 0.01% |
874,493
-5,903,874
| -87% | -$218M |
|
|
EXAS
1045
PUT
DELISTED
Exact Sciences
EXAS
| $29.4M | 0.01% |
372,600
+101,900
| +38% | +$6.64M |
|
|
TIF
1046
PUT
DELISTED
Tiffany & Co.
TIF
| $29.4M | 0.01% |
228,000
+10,500
| +5% | +$1.37M |
|
1047
CALL
Wayfair
W
$13.9B
| $29.4M | 0.01% |
199,100
+31,300
| +19% | +$3.98M |
|
|
ATHN
1048
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $29.4M | 0.01% |
219,900
+84,000
| +62% | +$12.6M |
|
1049
PUT
American International
AIG
$39.8B
| $29.4M | 0.01% |
551,500
+131,000
| +31% | +$7.03M |
|
1050
Darden Restaurants
DRI
$25.9B
| $29.4M | 0.01% |
263,961
-648,214
| -71% | -$73M |
|
Similar funds
Ken Griffin's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Griffin held 10,190 positions worth $224B, up 10% from $203B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Ken Griffin deployed $7.48B of net new capital in Q3 2018, opening 1,427 new positions and adding to 4,227 existing holdings. Its largest new stake was Alibaba: 1,030,311 shares worth $170M.
By sector, the portfolio is most concentrated in Financials at 5.9% of assets, down from 6.2% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $694M trimmed.
- Ken Griffin's largest Q3 2018 buy was Alibaba: 1,030,311 shares worth $170M.
- Ken Griffin added most to Morgan Stanley in Q3 2018, an estimated $798M increase.
- Ken Griffin's biggest Q3 2018 reduction was Goldman Sachs, cutting an estimated $694M.
- Ken Griffin fully exited XL Group Ltd. in Q3 2018, selling an estimated $207M.
- Ken Griffin's ten largest holdings make up 25% of its $224B portfolio in Q3 2018.
- Ken Griffin opened 1,427 new positions and closed 1,044 in Q3 2018.
- Ken Griffin's portfolio value rose 10% quarter-over-quarter to $224B.
Based on Citadel Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.