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 | |
|---|---|---|---|---|---|---|
|
IAA
1226
DELISTED
IAA, Inc. Common Stock
IAA
| $24.2M | 0.01% |
580,073
-1,053,843
| -64% | -$47.5M |
|
|
HMSY
1227
DELISTED
HMS Holdings Corp.
HMSY
| $24.2M | 0.01% |
702,220
-654,138
| -48% | -$23.6M |
|
1228
Petrobras
PBR
$115B
| $24.2M | 0.01% |
1,671,323
+107,009
| +7% | +$1.57M |
|
|
SCHW
1229
CALL
Charles Schwab
SCHW
$191B
| $24.2M | 0.01% |
578,100
+318,600
| +123% | +$12.9M |
|
1230
CubeSmart
CUBE
$9.41B
| $24.2M | 0.01% |
692,883
+322,812
| +87% | +$11.3M |
|
1231
PUT
Carnival Corporation Ltd
CCL
$38.8B
| $24.1M | 0.01% |
552,200
+79,500
| +17% | +$3.67M |
|
|
AUY
1232
DELISTED
Yamana Gold, Inc.
AUY
| $24M | 0.01% |
7,558,840
-810,020
| -10% | -$2.58M |
|
1233
CALL
T-Mobile US
TMUS
$196B
| $24M | 0.01% |
304,400
-761,500
| -71% | -$59.7M |
|
1234
HSBC
HSBC
$356B
| $24M | 0.01% |
626,388
+411,805
| +192% | +$16M |
|
|
AVLR
1235
DELISTED
Avalara, Inc.
AVLR
| $24M | 0.01% |
356,109
+129,963
| +57% | +$10.5M |
|
1236
CALL
Equinix
EQIX
$108B
| $23.9M | 0.01% |
41,500
+2,000
| +5% | +$1.07M |
|
1237
PUT
Apollo Global Management
APO
$83.7B
| $23.9M | 0.01% |
632,200
+117,500
| +23% | +$4.28M |
|
1238
CALL
Edwards Lifesciences
EW
$53.1B
| $23.8M | 0.01% |
325,200
-40,800
| -11% | -$2.87M |
|
1239
CALL
State Street SPDR S&P Retail ETF
XRT
$641M
| $23.8M | 0.01% |
560,800
+23,400
| +4% | +$970K |
|
1240
PUT
Check Point Software Technologies
CHKP
$13.4B
| $23.8M | 0.01% |
217,000
+103,400
| +91% | +$11.5M |
|
|
DLPH
1241
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $23.8M | 0.01% |
1,773,127
-544,911
| -24% | -$8.64M |
|
|
TECX
1242
Tectonic Therapeutic
TECX
$676M
| $23.8M | 0.01% |
140,173
+6,327
| +5% | +$1.43M |
|
1243
PUT
SolarEdge
SEDG
$2.01B
| $23.7M | 0.01% |
283,300
+59,800
| +27% | +$4.46M |
|
1244
Zurn Elkay Water Solutions
ZWS
$8.4B
| $23.7M | 0.01% |
1,818,356
+1,625,533
| +843% | +$21.7M |
|
1245
COPT Defense Properties
CDP
$4.22B
| $23.6M | 0.01% |
792,386
+46,101
| +6% | +$1.3M |
|
|
K
1246
CALL
DELISTED
Kellanova
K
| $23.6M | 0.01% |
390,536
+7,455
| +2% | +$426K |
|
1247
Fox Class B
FOX
$25.6B
| $23.6M | 0.01% |
746,751
+385,984
| +107% | +$13.3M |
|
1248
PUT
Pinterest
PINS
$13.6B
| $23.5M | 0.01% |
890,000
+214,100
| +32% | +$6.41M |
|
1249
Genmab
GMAB
$19.6B
| $23.4M | 0.01% |
+1,156,820
| New | +$22.8M |
|
|
1250
CALL
HSBC
HSBC
$356B
| $23.4M | 0.01% |
612,000
+416,200
| +213% | +$16.1M |
|
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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.