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 | |
|---|---|---|---|---|---|---|
1051
CALL
SolarEdge
SEDG
$2B
| $30.9M | 0.01% |
368,700
+107,000
| +41% | +$7.98M |
|
|
PXD
1052
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $30.8M | 0.01% |
244,700
-77,200
| -24% | -$10.2M |
|
1053
Jacobs Solutions
J
$16.8B
| $30.8M | 0.01% |
406,557
-1,369,876
| -77% | -$98M |
|
1054
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $30.8M | 0.01% |
271,361
+261,209
| +2,573% | +$29.7M |
|
1055
CALL
Phillips 66
PSX
$92.4B
| $30.6M | 0.01% |
299,200
-39,400
| -12% | -$3.95M |
|
1056
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $30.6M | 0.01% |
295,800
-30,600
| -9% | -$3.23M |
|
1057
International Flavors & Fragrances
IFF
$21.4B
| $30.6M | 0.01% |
249,082
+167,249
| +204% | +$21.3M |
|
1058
Wynn Resorts
WYNN
$10.5B
| $30.5M | 0.01% |
280,786
+148,836
| +113% | +$17.7M |
|
1059
PVH
PVH
$3.77B
| $30.4M | 0.01% |
344,851
-563,309
| -62% | -$47.1M |
|
1060
Heron Therapeutics
HRTX
$63.1M
| $30.4M | 0.01% |
1,642,000
+324,462
| +25% | +$5.97M |
|
1061
Coty
COTY
$2.42B
| $30.4M | 0.01% |
2,889,551
+1,786,531
| +162% | +$18.5M |
|
|
ICPT
1062
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $30.3M | 0.01% |
456,293
-603,528
| -57% | -$40.5M |
|
1063
JetBlue
JBLU
$2.17B
| $30.3M | 0.01% |
1,807,141
+1,249,575
| +224% | +$22.7M |
|
1064
CALL
Iron Mountain
IRM
$37.6B
| $30.2M | 0.01% |
932,900
+482,400
| +107% | +$15.2M |
|
1065
CALL
iShares MSCI Mexico ETF
EWW
$1.88B
| $30.2M | 0.01% |
706,600
+153,800
| +28% | +$6.42M |
|
1066
Louisiana-Pacific
LPX
$5.15B
| $30.1M | 0.01% |
1,226,087
-14,800
| -1% | -$365K |
|
1067
Capri Holdings
CPRI
$1.79B
| $30.1M | 0.01% |
908,119
-602,790
| -40% | -$19.3M |
|
|
GRFS
1068
Grifois
GRFS
$5.42B
| $30.1M | 0.01% |
1,502,081
+791,621
| +111% | +$17M |
|
1069
CALL
Estee Lauder
EL
$31.6B
| $30.1M | 0.01% |
151,100
-7,900
| -5% | -$1.51M |
|
|
MFA
1070
MFA Financial
MFA
$933M
| $30M | 0.01% |
1,020,425
-647,579
| -39% | -$18.9M |
|
1071
Huntsman Corp
HUN
$1.83B
| $30M | 0.01% |
1,291,039
+1,205,669
| +1,412% | +$24.9M |
|
1072
Keysight
KEYS
$60.1B
| $29.9M | 0.01% |
307,269
+296,299
| +2,701% | +$27.4M |
|
|
PGRE
1073
DELISTED
Paramount Group
PGRE
| $29.9M | 0.01% |
2,236,906
+1,341,554
| +150% | +$18.1M |
|
1074
PUT
Vanguard Real Estate ETF
VNQ
$39.2B
| $29.9M | 0.01% |
320,200
+138,500
| +76% | +$12.6M |
|
|
VER
1075
DELISTED
VEREIT, Inc.
VER
| $29.8M | 0.01% |
610,406
-20,590
| -3% | -$971K |
|
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.