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 |
Amazon
AMZN
|
+$861M |
| 2 |
Apple
AAPL
|
+$417M |
| 3 |
JPMorgan Chase
JPM
|
+$350M |
| 4 |
T-Mobile US
TMUS
|
+$337M |
| 5 |
Aon
AON
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$603M |
| 2 |
Charter Communications
CHTR
|
+$504M |
| 3 |
Fidelity National Information Services
FIS
|
+$496M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$429M |
| 5 |
Baxter International
BAX
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.4% |
| 2 | Technology | 3.32% |
| 3 | Consumer Discretionary | 2.87% |
| 4 | Financials | 2.84% |
| 5 | Industrials | 2.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Fox Class A
FOXA
$27.5B
| $31.6M | 0.01% |
1,177,656
-118,987
| -9% | -$3.21M |
|
1052
PUT
HubSpot
HUBS
$12B
| $31.6M | 0.01% |
140,700
-3,600
| -2% | -$647K |
|
1053
CALL
Freeport-McMoran
FCX
$93.6B
| $31.5M | 0.01% |
2,724,000
-1,023,100
| -27% | -$9.38M |
|
1054
BioMarin Pharmaceuticals
BMRN
$13.6B
| $31.4M | 0.01% |
254,972
-4,355
| -2% | -$433K |
|
|
PXD
1055
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $31.4M | 0.01% |
321,700
+56,000
| +21% | +$4.94M |
|
1056
Celanese
CE
$4.75B
| $31.4M | 0.01% |
363,765
+255,287
| +235% | +$21.3M |
|
1057
PUT
Best Buy
BBY
$17.5B
| $31.2M | 0.01% |
357,700
-144,100
| -29% | -$10.9M |
|
|
BNY
1058
Bank of New York Mellon
BNY
$110B
| $31.2M | 0.01% |
806,580
-4,969,462
| -86% | -$182M |
|
1059
HF Sinclair
DINO
$15.6B
| $31.2M | 0.01% |
1,066,816
-323,131
| -23% | -$9.6M |
|
|
CHNG
1060
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $31.1M | 0.01% |
2,781,081
-6,616,683
| -70% | -$74.3M |
|
1061
CALL
Cummins
CMI
$87.8B
| $31.1M | 0.01% |
179,600
-68,400
| -28% | -$10.9M |
|
|
P
1062
Everpure Inc
P
$39B
| $31.1M | 0.01% |
1,793,337
-535,976
| -23% | -$8.03M |
|
1063
CALL
Becton Dickinson
BDX
$50B
| $31M | 0.01% |
132,943
-15,170
| -10% | -$3.66M |
|
1064
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.5B
| $31M | 0.01% |
1,132,300
+289,100
| +34% | +$6.59M |
|
|
HES
1065
CALL
DELISTED
Hess
HES
| $31M | 0.01% |
598,200
-77,900
| -12% | -$3.57M |
|
1066
Mid-America Apartment Communities
MAA
$15.4B
| $31M | 0.01% |
270,055
+143,914
| +114% | +$16.2M |
|
1067
CALL
PENN Entertainment
PENN
$2.57B
| $31M | 0.01% |
1,013,700
+383,100
| +61% | +$8.77M |
|
1068
Dow Inc
DOW
$21.9B
| $30.9M | 0.01% |
759,228
+422,560
| +126% | +$15.5M |
|
1069
Automatic Data Processing
ADP
$110B
| $30.9M | 0.01% |
+207,551
| New | +$29.7M |
|
|
DFS
1070
CALL
DELISTED
Discover Financial Services
DFS
| $30.9M | 0.01% |
616,500
+250,400
| +68% | +$11M |
|
1071
PNC Financial Services
PNC
$102B
| $30.9M | 0.01% |
293,325
+222,059
| +312% | +$23.4M |
|
1072
CALL
KraneShares CSI China Internet ETF
KWEB
$5.31B
| $30.8M | 0.01% |
497,700
+118,100
| +31% | +$6.17M |
|
1073
CALL
Corning
GLW
$137B
| $30.8M | 0.01% |
1,189,700
+344,500
| +41% | +$7.81M |
|
1074
CALL
Petrobras
PBR
$115B
| $30.8M | 0.01% |
3,722,000
-1,362,300
| -27% | -$9.87M |
|
1075
Planet Fitness
PLNT
$3.65B
| $30.7M | 0.01% |
507,377
-43,044
| -8% | -$2.58M |
|
Similar funds
Ken Griffin's Q2 2020 Portfolio in Review
As of Q2 2020, Ken Griffin held 11,014 positions worth $280B, up 26% from $222B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Griffin withdrew a net $9.91B in Q2 2020, closing 1,324 positions and reducing 3,586 holdings. Its most notable exit was Allergan plc, an estimated $603M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.4% of assets, down from 4% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Ken Griffin opened a new position in Becton Dickinson worth $266M.
- Ken Griffin's largest Q2 2020 buy was Becton Dickinson: 1,140,373 shares worth $266M.
- Ken Griffin added most to Amazon in Q2 2020, an estimated $861M increase.
- Ken Griffin's biggest Q2 2020 reduction was Charter Communications, cutting an estimated $504M.
- Ken Griffin fully exited Allergan plc in Q2 2020, selling an estimated $603M.
- Ken Griffin's ten largest holdings make up 32% of its $280B portfolio in Q2 2020.
- Ken Griffin opened 1,506 new positions and closed 1,324 in Q2 2020.
- Ken Griffin's portfolio value rose 26% quarter-over-quarter to $280B.
Based on Citadel Advisors's 13F filing for Q2 2020, filed 14 Aug 2020.