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 | 5.29% |
| 2 | Financials | 4.31% |
| 3 | Industrials | 4.01% |
| 4 | Healthcare | 3.77% |
| 5 | Consumer Discretionary | 3.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
PUT
AT&T
T
$168B
| $270M | 0.13% |
9,454,419
+1,932,775
| +26% | +$51.2M |
|
102
PUT
Intel
INTC
$493B
| $269M | 0.13% |
5,224,500
+445,300
| +9% | +$21.9M |
|
103
CALL
AbbVie
ABBV
$442B
| $268M | 0.13% |
3,535,100
-56,800
| -2% | -$3.89M |
|
|
104
PUT
AbbVie
ABBV
$442B
| $265M | 0.12% |
3,493,800
+472,500
| +16% | +$32.4M |
|
105
Cognizant
CTSH
$26.4B
| $264M | 0.12% |
4,386,059
-856,001
| -16% | -$54.1M |
|
106
Entergy
ETR
$49.7B
| $259M | 0.12% |
4,418,668
+2,138,126
| +94% | +$117M |
|
107
NXP Semiconductors
NXPI
$59.6B
| $259M | 0.12% |
2,376,031
-289,889
| -11% | -$29.6M |
|
108
Procter & Gamble
PG
$338B
| $259M | 0.12% |
2,079,268
+1,113,773
| +115% | +$132M |
|
109
PUT
Roku
ROKU
$22.4B
| $259M | 0.12% |
2,541,000
+544,200
| +27% | +$66.6M |
|
110
CME Group
CME
$93.2B
| $258M | 0.12% |
1,222,304
-148,288
| -11% | -$31M |
|
111
CALL
Citigroup
C
$228B
| $257M | 0.12% |
3,714,100
+128,700
| +4% | +$8.75M |
|
112
Equinix
EQIX
$102B
| $256M | 0.12% |
444,256
+54,896
| +14% | +$29.5M |
|
|
PARA
113
DELISTED
Paramount Global Class B
PARA
| $247M | 0.12% |
6,130,492
+4,520,797
| +281% | +$212M |
|
114
CALL
Intuitive Surgical
ISRG
$142B
| $247M | 0.12% |
1,371,000
+313,200
| +30% | +$54.2M |
|
115
CALL
Costco
COST
$419B
| $247M | 0.12% |
856,300
+247,900
| +41% | +$69.8M |
|
116
CALL
VanEck Semiconductor ETF
SMH
$70.6B
| $246M | 0.12% |
4,130,000
-921,600
| -18% | -$53.3M |
|
117
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $240M | 0.11% |
892,000
+139,800
| +19% | +$37.3M |
|
118
PUT
Mercado Libre
MELI
$98.4B
| $237M | 0.11% |
429,100
-209,600
| -33% | -$127M |
|
119
CALL
ExxonMobil
XOM
$657B
| $234M | 0.11% |
3,319,100
+337,900
| +11% | +$24.4M |
|
|
120
CALL
Intel
INTC
$493B
| $233M | 0.11% |
4,515,700
-121,200
| -3% | -$5.96M |
|
|
TWTR
121
PUT
DELISTED
Twitter, Inc.
TWTR
| $232M | 0.11% |
5,628,400
+2,417,000
| +75% | +$98.8M |
|
122
Kimberly-Clark
KMB
$36.1B
| $231M | 0.11% |
1,623,750
-1,058,984
| -39% | -$146M |
|
123
Boston Scientific
BSX
$74.2B
| $230M | 0.11% |
5,649,962
-297,408
| -5% | -$12.6M |
|
124
Atlassian
TEAM
$39.1B
| $230M | 0.11% |
1,831,378
+919,066
| +101% | +$125M |
|
125
Edwards Lifesciences
EW
$54B
| $229M | 0.11% |
3,122,994
+1,381,560
| +79% | +$97M |
|
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 5.3% of assets, down from 5.4% 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.