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 |
Morgan Stanley
MS
|
+$798M |
| 2 |
AT&T
T
|
+$527M |
| 3 |
Microchip Technology
MCHP
|
+$472M |
| 4 |
Netflix
NFLX
|
+$446M |
| 5 |
PNC Financial Services
PNC
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$694M |
| 2 |
KeyCorp
KEY
|
+$401M |
| 3 |
Deere & Co
DE
|
+$322M |
| 4 |
CSX Corp
CSX
|
+$318M |
| 5 |
NXP Semiconductors
NXPI
|
+$314M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 5.93% |
| 2 | Technology | 4.66% |
| 3 | Healthcare | 4.45% |
| 4 | Industrials | 4.14% |
| 5 | Consumer Discretionary | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Nexstar Media Group
NXST
$5.77B
| $23.5M | 0.01% |
288,237
-48,318
| -14% | -$3.8M |
|
1202
PUT
Phillips 66
PSX
$93B
| $23.5M | 0.01% |
208,100
-29,900
| -13% | -$3.46M |
|
1203
Baxter International
BAX
$14B
| $23.4M | 0.01% |
303,188
-2,753,106
| -90% | -$204M |
|
|
ACC
1204
DELISTED
American Campus Communities, Inc.
ACC
| $23.4M | 0.01% |
567,489
+139,203
| +33% | +$5.82M |
|
1205
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.58B
| $23.3M | 0.01% |
805,200
+36,400
| +5% | +$1.07M |
|
1206
PUT
LendingTree
TREE
$458M
| $23.3M | 0.01% |
101,300
-6,700
| -6% | -$1.59M |
|
1207
PUT
Viatris
VTRS
$18.3B
| $23.3M | 0.01% |
636,300
-371,000
| -37% | -$13.9M |
|
|
RTN
1208
DELISTED
Raytheon Company
RTN
| $23.3M | 0.01% |
112,599
-303,913
| -73% | -$60.5M |
|
1209
Houlihan Lokey
HLI
$9.22B
| $23.3M | 0.01% |
517,527
+363,951
| +237% | +$17.6M |
|
|
SCHW
1210
PUT
Charles Schwab
SCHW
$189B
| $23.2M | 0.01% |
472,500
-290,200
| -38% | -$14.8M |
|
1211
Etsy
ETSY
$7.43B
| $23.2M | 0.01% |
451,761
-912,641
| -67% | -$42M |
|
1212
Okta
OKTA
$26.8B
| $23.2M | 0.01% |
329,908
-84,159
| -20% | -$5.01M |
|
1213
CALL
iShares MSCI Mexico ETF
EWW
$1.88B
| $23.2M | 0.01% |
452,700
-590,200
| -57% | -$29.9M |
|
1214
PUT
iShares US Home Construction ETF
ITB
$2.36B
| $23.2M | 0.01% |
655,300
+590,100
| +905% | +$22.4M |
|
|
PGRE
1215
DELISTED
Paramount Group
PGRE
| $23.1M | 0.01% |
1,532,990
+287,897
| +23% | +$4.46M |
|
1216
American Airlines Group
AAL
$9.98B
| $23.1M | 0.01% |
558,844
-46,631
| -8% | -$1.82M |
|
|
PX
1217
DELISTED
Praxair Inc
PX
| $23.1M | 0.01% |
143,584
-185,085
| -56% | -$29.7M |
|
1218
PUT
United States Oil Fund
USO
$1.76B
| $23.1M | 0.01% |
185,650
+15,500
| +9% | +$1.79M |
|
|
MXIM
1219
DELISTED
Maxim Integrated Products
MXIM
| $23M | 0.01% |
408,492
-3,381,906
| -89% | -$204M |
|
1220
CALL
Becton Dickinson
BDX
$49.6B
| $23M | 0.01% |
90,303
-30,545
| -25% | -$7.52M |
|
1221
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $23M | 0.01% |
425,931
-220,728
| -34% | -$11.8M |
|
|
LGF.B
1222
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $23M | 0.01% |
985,622
+523,486
| +113% | +$11.8M |
|
1223
PUT
VanEck Oil Services ETF
OIH
$1.96B
| $22.9M | 0.01% |
45,360
-4,365
| -9% | -$2.19M |
|
1224
CALL
Analog Devices
ADI
$186B
| $22.8M | 0.01% |
246,300
+21,900
| +10% | +$2.1M |
|
1225
Trip.com Group
TCOM
$28.3B
| $22.8M | 0.01% |
612,537
+571,437
| +1,390% | +$23.2M |
|
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Ken Griffin's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Griffin held 10,190 positions worth $224B, up 10% from $203B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Ken Griffin deployed $7.48B of net new capital in Q3 2018, opening 1,427 new positions and adding to 4,227 existing holdings. Its largest new stake was Alibaba: 1,030,311 shares worth $170M.
By sector, the portfolio is most concentrated in Financials at 5.9% of assets, down from 6.2% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $694M trimmed.
- Ken Griffin's largest Q3 2018 buy was Alibaba: 1,030,311 shares worth $170M.
- Ken Griffin added most to Morgan Stanley in Q3 2018, an estimated $798M increase.
- Ken Griffin's biggest Q3 2018 reduction was Goldman Sachs, cutting an estimated $694M.
- Ken Griffin fully exited XL Group Ltd. in Q3 2018, selling an estimated $207M.
- Ken Griffin's ten largest holdings make up 25% of its $224B portfolio in Q3 2018.
- Ken Griffin opened 1,427 new positions and closed 1,044 in Q3 2018.
- Ken Griffin's portfolio value rose 10% quarter-over-quarter to $224B.
Based on Citadel Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.