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 |
SLB Ltd
SLB
|
+$399M |
| 2 |
Western Digital
WDC
|
+$286M |
| 3 |
Citizens Financial Group
CFG
|
+$272M |
| 4 |
NXP Semiconductors
NXPI
|
+$261M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Pacific Kansas City
CP
|
+$399M |
| 2 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$322M |
| 3 |
Chubb
CB
|
+$284M |
| 4 |
Hilton Worldwide
HLT
|
+$263M |
| 5 |
PLL
PALL CORP
PLL
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.33% |
| 2 | Consumer Discretionary | 7.73% |
| 3 | Technology | 6.85% |
| 4 | Energy | 6.51% |
| 5 | Industrials | 6.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Oracle
ORCL
$441B
| $9.18M | 0.01% |
254,091
-210,939
| -45% | -$8.11M |
|
1302
CALL
Transocean
RIG
$6.48B
| $9.18M | 0.01% |
710,400
+351,600
| +98% | +$4.88M |
|
1303
iShares MSCI ACWI ETF
ACWI
$33.5B
| $9.18M | 0.01% |
170,097
+158,198
| +1,330% | +$9.1M |
|
1304
PUT
NOV
NOV
$7.58B
| $9.16M | 0.01% |
243,200
+39,500
| +19% | +$1.62M |
|
1305
CALL
Southern Company
SO
$107B
| $9.15M | 0.01% |
204,700
-38,500
| -16% | -$1.69M |
|
1306
MetLife
MET
$62.1B
| $9.13M | 0.01% |
+217,383
| New | +$10.2M |
|
1307
First Trust Dorsey Wright International Focus 5 ETF
IFV
$238M
| $9.13M | 0.01% |
+534,447
| New | +$9.86M |
|
1308
PUT
Cigna
CI
$74.2B
| $9.1M | 0.01% |
67,400
-65,300
| -49% | -$9.48M |
|
1309
Penske Automotive Group
PAG
$14.4B
| $9.08M | 0.01% |
187,502
+91,825
| +96% | +$4.7M |
|
1310
Urban Outfitters
URBN
$6.64B
| $9.06M | 0.01% |
308,396
+56,414
| +22% | +$1.81M |
|
1311
PUT
Ulta Beauty
ULTA
$21.8B
| $9.05M | 0.01% |
55,400
+13,000
| +31% | +$2.14M |
|
1312
PUT
US Bancorp Series B Preferred Stock
USB.PRH
$742M
| $9.04M | 0.01% |
220,500
+36,700
| +20% | +$806K |
|
1313
Emerson Electric
EMR
$90.9B
| $9.02M | 0.01% |
204,284
-171,697
| -46% | -$8.44M |
|
1314
CALL
JetBlue
JBLU
$2.14B
| $9.02M | 0.01% |
350,000
+84,700
| +32% | +$2M |
|
|
BLCM
1315
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $9.01M | 0.01% |
62,023
+17,074
| +38% | +$3.13M |
|
1316
CALL
HCA Healthcare
HCA
$87.9B
| $8.99M | 0.01% |
116,200
-124,300
| -52% | -$11M |
|
|
INFO
1317
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $8.97M | 0.01% |
309,453
-964,676
| -76% | -$26.8M |
|
1318
SPX Corp
SPXC
$10.8B
| $8.97M | 0.01% |
752,297
-2,726,716
| -78% | -$41.8M |
|
1319
Enerpac Tool Group
EPAC
$1.88B
| $8.96M | 0.01% |
487,048
-388,290
| -44% | -$8.29M |
|
1320
Adtran
ADTN
$670M
| $8.95M | 0.01% |
613,106
-48,087
| -7% | -$759K |
|
|
KW
1321
DELISTED
Kennedy-Wilson Holdings
KW
| $8.95M | 0.01% |
403,719
-48,668
| -11% | -$1.2M |
|
1322
PUT
Ralph Lauren
RL
$23.2B
| $8.85M | 0.01% |
74,900
-100
| -0.1% | -$11.9K |
|
|
WAIR
1323
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $8.85M | 0.01% |
725,271
-93,403
| -11% | -$1.31M |
|
1324
PUT
Stratasys
SSYS
$774M
| $8.84M | 0.01% |
333,700
+177,300
| +113% | +$5.47M |
|
1325
iShares US Financial Services ETF
IYG
$2.23B
| $8.84M | 0.01% |
310,092
+128,910
| +71% | +$3.95M |
|
Similar funds
Ken Griffin's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Griffin held 9,776 positions worth $105B, down 8.7% from $115B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Ken Griffin withdrew a net $4.92B in Q3 2015, closing 925 positions and reducing 3,925 holdings. Its most notable exit was CATAMARAN CORP COM STK (CDA), an estimated $322M position sold in full.
By sector, the portfolio is most concentrated in Financials at 8.3% of assets, up from 8% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Ken Griffin opened a new position in Citizens Financial Group worth $254M.
- Ken Griffin's largest Q3 2015 buy was Citizens Financial Group: 10,652,034 shares worth $254M.
- Ken Griffin added most to SLB Ltd in Q3 2015, an estimated $399M increase.
- Ken Griffin's biggest Q3 2015 reduction was Canadian Pacific Kansas City, cutting an estimated $399M.
- Ken Griffin fully exited CATAMARAN CORP COM STK (CDA) in Q3 2015, selling an estimated $322M.
- Ken Griffin's ten largest holdings make up 18% of its $105B portfolio in Q3 2015.
- Ken Griffin opened 1,066 new positions and closed 925 in Q3 2015.
- Ken Griffin's portfolio value fell 8.7% quarter-over-quarter to $105B.
Based on Citadel Advisors's 13F filing for Q3 2015, filed 16 Nov 2015.