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
|
+$1.16B |
| 2 |
Bank of America
BAC
|
+$855M |
| 3 |
Comcast
CMCSA
|
+$620M |
| 4 |
Amazon
AMZN
|
+$505M |
| 5 |
Micron Technology
MU
|
+$486M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$441M |
| 2 |
Palo Alto Networks
PANW
|
+$300M |
| 3 |
Verizon
VZ
|
+$286M |
| 4 |
Fidelity National Information Services
FIS
|
+$285M |
| 5 |
Stanley Black & Decker
SWK
|
+$244M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.22% |
| 2 | Financials | 6.16% |
| 3 | Industrials | 5.09% |
| 4 | Consumer Discretionary | 4.89% |
| 5 | Healthcare | 4.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Illinois Tool Works
ITW
$83.3B
| $21.6M | 0.01% |
129,741
-281,482
| -68% | -$44.9M |
|
1052
FNB Corp
FNB
$6.86B
| $21.6M | 0.01% |
1,559,721
-298,748
| -16% | -$4.1M |
|
|
BDN
1053
Brandywine Realty Trust
BDN
$541M
| $21.5M | 0.01% |
1,182,805
-500,482
| -30% | -$8.86M |
|
1054
Ciena
CIEN
$62.7B
| $21.4M | 0.01% |
1,024,270
-2,000,960
| -66% | -$42.4M |
|
1055
Coca-Cola
KO
$376B
| $21.3M | 0.01% |
463,438
-1,713,098
| -79% | -$78.7M |
|
1056
CALL
Illumina
ILMN
$29.1B
| $21.2M | 0.01% |
99,716
+5,140
| +5% | +$1.06M |
|
1057
Acadia Realty Trust
AKR
$2.84B
| $21.2M | 0.01% |
774,116
+606,346
| +361% | +$17.3M |
|
|
GAP
1058
PUT
The Gap Inc
GAP
$7.34B
| $21.2M | 0.01% |
621,400
-336,200
| -35% | -$10M |
|
1059
PUT
LyondellBasell Industries
LYB
$20.2B
| $20.9M | 0.01% |
189,400
+13,600
| +8% | +$1.41M |
|
|
X
1060
DELISTED
US Steel
X
| $20.9M | 0.01% |
592,790
-277,990
| -32% | -$8.08M |
|
|
PXD
1061
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $20.8M | 0.01% |
120,600
-33,800
| -22% | -$5.21M |
|
1062
Dana Inc
DAN
$3.26B
| $20.8M | 0.01% |
649,889
-1,932,793
| -75% | -$59.5M |
|
1063
PUT
Akamai
AKAM
$18B
| $20.8M | 0.01% |
319,200
+173,100
| +118% | +$9.58M |
|
1064
Steris
STE
$23B
| $20.7M | 0.01% |
237,212
-75,488
| -24% | -$6.73M |
|
1065
Alaska Air
ALK
$5.3B
| $20.7M | 0.01% |
282,194
+53,132
| +23% | +$3.78M |
|
1066
Petrobras
PBR
$115B
| $20.6M | 0.01% |
2,005,754
+1,358,422
| +210% | +$13.9M |
|
1067
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $20.6M | 0.01% |
604,400
+146,400
| +32% | +$4.78M |
|
|
IRBT
1068
CALL
DELISTED
iRobot
IRBT
| $20.6M | 0.01% |
268,900
+125,300
| +87% | +$9.02M |
|
|
JAG
1069
DELISTED
Jagged Peak Energy Inc.
JAG
| $20.6M | 0.01% |
1,305,196
+710,624
| +120% | +$10.3M |
|
1070
CALL
T-Mobile US
TMUS
$197B
| $20.5M | 0.01% |
323,200
-503,700
| -61% | -$30.7M |
|
|
NUAN
1071
DELISTED
Nuance Communications, Inc.
NUAN
| $20.5M | 0.01% |
1,448,719
-3,541,567
| -71% | -$47.7M |
|
1072
Floor & Decor
FND
$6.32B
| $20.5M | 0.01% |
421,133
+10,281
| +3% | +$415K |
|
1073
Expeditors International
EXPD
$24B
| $20.4M | 0.01% |
315,867
+271,568
| +613% | +$16.6M |
|
1074
PUT
Cheniere Energy
LNG
$55B
| $20.4M | 0.01% |
378,700
+196,900
| +108% | +$9.5M |
|
1075
HUB Group
HUBG
$2.46B
| $20.4M | 0.01% |
850,628
-123,184
| -13% | -$2.71M |
|
Similar funds
Ken Griffin's Q4 2017 Portfolio in Review
As of Q4 2017, Ken Griffin held 8,908 positions worth $164B, up 26% from $130B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Ken Griffin deployed $21.1B of net new capital in Q4 2017, opening 1,440 new positions and adding to 3,569 existing holdings. Its largest new stake was Celgene Corp: 3,708,916 shares worth $387M.
By sector, the portfolio is most concentrated in Technology at 6.2% of assets, down from 7.2% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Goldman Sachs, an estimated $441M trimmed.
- Ken Griffin's largest Q4 2017 buy was Celgene Corp: 3,708,916 shares worth $387M.
- Ken Griffin added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $1.16B increase.
- Ken Griffin's biggest Q4 2017 reduction was Goldman Sachs, cutting an estimated $441M.
- Ken Griffin fully exited CR Bard Inc. in Q4 2017, selling an estimated $209M.
- Ken Griffin's ten largest holdings make up 19% of its $164B portfolio in Q4 2017.
- Ken Griffin opened 1,440 new positions and closed 988 in Q4 2017.
- Ken Griffin's portfolio value rose 26% quarter-over-quarter to $164B.
Based on Citadel Advisors's 13F filing for Q4 2017, filed 9 Feb 2018.