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 |
Netflix
NFLX
|
+$400M |
| 2 |
Citigroup
C
|
+$395M |
| 3 |
CELG
Celgene Corp
CELG
|
+$360M |
| 4 |
Amazon
AMZN
|
+$347M |
| 5 |
RTX Corp
RTX
|
+$344M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$397M |
| 2 |
Salesforce
CRM
|
+$355M |
| 3 |
TSS
Total System Services, Inc.
TSS
|
+$354M |
| 4 |
ULTI
Ultimate Software Group Inc
ULTI
|
+$349M |
| 5 |
Autodesk
ADSK
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.61% |
| 2 | Financials | 4.93% |
| 3 | Healthcare | 4% |
| 4 | Consumer Discretionary | 3.82% |
| 5 | Industrials | 3.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
PUT
Dollar General
DG
$26.4B
| $26.7M | 0.01% |
197,500
-50,700
| -20% | -$6.41M |
|
|
WRK
1102
DELISTED
WestRock Company
WRK
| $26.7M | 0.01% |
731,921
+515,826
| +239% | +$19M |
|
1103
Radian Group
RDN
$4.87B
| $26.6M | 0.01% |
1,162,365
+649,070
| +126% | +$14.8M |
|
|
SKX
1104
DELISTED
Skechers
SKX
| $26.6M | 0.01% |
843,312
+338,752
| +67% | +$10.5M |
|
1105
PUT
MarketAxess Holdings
MKTX
$5.72B
| $26.5M | 0.01% |
82,500
+75,000
| +1,000% | +$21.7M |
|
|
MDR
1106
DELISTED
McDermott International
MDR
| $26.5M | 0.01% |
2,744,941
+613,653
| +29% | +$4.9M |
|
1107
PUT
Carvana
CVNA
$81B
| $26.5M | 0.01% |
2,117,500
-490,500
| -19% | -$6.3M |
|
1108
PUT
Best Buy
BBY
$18B
| $26.5M | 0.01% |
380,100
-111,500
| -23% | -$7.78M |
|
|
CGC
1109
PUT
Canopy Growth
CGC
$426M
| $26.5M | 0.01% |
65,690
+14,590
| +29% | +$6.42M |
|
1110
CALL
Newmont
NEM
$120B
| $26.3M | 0.01% |
683,800
-143,800
| -17% | -$4.86M |
|
1111
CVB Financial
CVBF
$4.05B
| $26.2M | 0.01% |
1,247,249
+510,413
| +69% | +$10.9M |
|
|
DRE
1112
DELISTED
Duke Realty Corp.
DRE
| $26.2M | 0.01% |
829,541
+775,269
| +1,428% | +$24M |
|
1113
CALL
Hershey
HSY
$37.4B
| $26.2M | 0.01% |
195,500
+116,700
| +148% | +$14.8M |
|
1114
PUT
Macy's
M
$6.26B
| $26.2M | 0.01% |
1,220,600
+84,800
| +7% | +$1.93M |
|
1115
CALL
Incyte
INCY
$24.5B
| $26.2M | 0.01% |
307,800
-7,000
| -2% | -$562K |
|
|
TECX
1116
Tectonic Therapeutic
TECX
$720M
| $26.1M | 0.01% |
133,846
-564
| -0.4% | -$122K |
|
1117
Grocery Outlet
GO
$1.07B
| $26.1M | 0.01% |
+792,438
| New | +$24.5M |
|
1118
CALL
Truist Financial
TFC
$64.7B
| $26M | 0.01% |
529,700
-59,400
| -10% | -$2.91M |
|
1119
Avient
AVNT
$4.16B
| $26M | 0.01% |
828,192
+320,253
| +63% | +$8.97M |
|
|
CONE
1120
DELISTED
CyrusOne Inc Common Stock
CONE
| $26M | 0.01% |
449,663
-194,099
| -30% | -$11.4M |
|
|
DATA
1121
DELISTED
Tableau Software, Inc.
DATA
| $25.9M | 0.01% |
156,255
-85,417
| -35% | -$11.2M |
|
1122
CALL
Paychex
PAYX
$44.6B
| $25.9M | 0.01% |
315,200
-12,300
| -4% | -$1.04M |
|
1123
Global Payments
GPN
$25.1B
| $25.9M | 0.01% |
161,542
+110,812
| +218% | +$16.5M |
|
1124
CALL
Colgate-Palmolive
CL
$73.6B
| $25.9M | 0.01% |
360,900
-115,600
| -24% | -$8.21M |
|
1125
First Interstate BancSystem
FIBK
$3.7B
| $25.9M | 0.01% |
652,767
+4,838
| +0.7% | +$193K |
|
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Ken Griffin's Q2 2019 Portfolio in Review
As of Q2 2019, Ken Griffin held 10,425 positions worth $218B, up 8.5% from $201B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Griffin deployed $6.68B of net new capital in Q2 2019, opening 1,217 new positions and adding to 3,775 existing holdings. Its largest new stake was Uber: 7,077,910 shares worth $328M.
By sector, the portfolio is most concentrated in Technology at 5.6% of assets, down from 6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Eli Lilly, an estimated $397M trimmed.
- Ken Griffin's largest Q2 2019 buy was Uber: 7,077,910 shares worth $328M.
- Ken Griffin added most to Netflix in Q2 2019, an estimated $400M increase.
- Ken Griffin's biggest Q2 2019 reduction was Eli Lilly, cutting an estimated $397M.
- Ken Griffin fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $349M.
- Ken Griffin's ten largest holdings make up 23% of its $218B portfolio in Q2 2019.
- Ken Griffin opened 1,217 new positions and closed 1,335 in Q2 2019.
- Ken Griffin's portfolio value rose 8.5% quarter-over-quarter to $218B.
Based on Citadel Advisors's 13F filing for Q2 2019, filed 14 Aug 2019.