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 | |
|---|---|---|---|---|---|---|
1076
NOV
NOV
$7.54B
| $29.8M | 0.01% |
1,404,975
+1,067,799
| +317% | +$22.8M |
|
1077
PUT
Prudential Financial
PRU
$43.2B
| $29.8M | 0.01% |
331,000
+41,800
| +14% | +$3.79M |
|
|
RTN
1078
CALL
DELISTED
Raytheon Company
RTN
| $29.8M | 0.01% |
151,700
-69,400
| -31% | -$12.9M |
|
1079
W.R. Berkley
WRB
$26.1B
| $29.7M | 0.01% |
925,538
-955,991
| -51% | -$29.9M |
|
|
MDCO
1080
CALL
DELISTED
Medicines Co
MDCO
| $29.6M | 0.01% |
593,000
+308,800
| +109% | +$12.3M |
|
1081
Leggett & Platt
LEG
$1.33B
| $29.6M | 0.01% |
723,170
+426,460
| +144% | +$16.7M |
|
|
JWN
1082
PUT
DELISTED
Nordstrom
JWN
| $29.5M | 0.01% |
877,400
+453,200
| +107% | +$13.8M |
|
|
EXAS
1083
CALL
DELISTED
Exact Sciences
EXAS
| $29.4M | 0.01% |
325,600
+84,100
| +35% | +$9.58M |
|
|
MMP
1084
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $29.3M | 0.01% |
442,800
+279,200
| +171% | +$18.4M |
|
1085
JPMorgan BetaBuilders Europe ETF
BBEU
$9.53B
| $29.3M | 0.01% |
623,595
+343,379
| +123% | +$16.1M |
|
|
ICPT
1086
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $29.3M | 0.01% |
442,000
+361,700
| +450% | +$24.3M |
|
1087
Fortinet
FTNT
$118B
| $29.3M | 0.01% |
1,906,675
+1,890,045
| +11,365% | +$30.7M |
|
1088
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$34.8B
| $29.2M | 0.01% |
376,600
-48,600
| -11% | -$3.73M |
|
1089
CALL
O'Reilly Automotive
ORLY
$74B
| $29.2M | 0.01% |
1,099,500
+282,000
| +34% | +$7.28M |
|
1090
CALL
Cardinal Health
CAH
$53.9B
| $29.2M | 0.01% |
618,800
+385,600
| +165% | +$17.6M |
|
1091
CALL
eBay
EBAY
$46.4B
| $29.2M | 0.01% |
748,500
-717,700
| -49% | -$28.8M |
|
1092
Macerich
MAC
$7.05B
| $29.1M | 0.01% |
922,115
-762,751
| -45% | -$24.1M |
|
1093
StoneCo
STNE
$2.34B
| $29.1M | 0.01% |
836,581
+14,529
| +2% | +$484K |
|
|
ZGNX
1094
CALL
DELISTED
Zogenix, Inc.
ZGNX
| $29.1M | 0.01% |
726,000
+156,500
| +27% | +$7.21M |
|
1095
NextCure
NXTC
$34.8M
| $29M | 0.01% |
78,463
-12,686
| -14% | -$4.13M |
|
1096
Zions Bancorporation
ZION
$10.6B
| $28.9M | 0.01% |
649,934
-72,616
| -10% | -$3.14M |
|
1097
AutoNation
AN
$6.92B
| $28.9M | 0.01% |
569,113
-71,941
| -11% | -$3.39M |
|
1098
PUT
Advance Auto Parts
AAP
$3.38B
| $28.8M | 0.01% |
174,400
+26,100
| +18% | +$3.92M |
|
1099
CALL
Best Buy
BBY
$18.4B
| $28.8M | 0.01% |
418,100
-15,700
| -4% | -$1.09M |
|
1100
Tractor Supply
TSCO
$18.9B
| $28.8M | 0.01% |
1,594,150
+988,550
| +163% | +$20.5M |
|
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.