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 | |
|---|---|---|---|---|---|---|
1301
Federal Realty Investment Trust
FRT
$10.4B
| $20.3M | 0.01% |
160,831
+103,774
| +182% | +$13.2M |
|
1302
iShares MSCI EAFE Value ETF
EFV
$30.2B
| $20.3M | 0.01% |
+391,594
| New | +$20.2M |
|
|
CRC
1303
DELISTED
California Resources Corporation
CRC
| $20.3M | 0.01% |
418,957
+10,513
| +3% | +$405K |
|
|
CONN
1304
DELISTED
Conn's Inc.
CONN
| $20.3M | 0.01% |
574,623
+348,724
| +154% | +$12.5M |
|
1305
CALL
Papa John's
PZZA
$803M
| $20.3M | 0.01% |
395,900
+202,300
| +104% | +$9.36M |
|
1306
PUT
Marriott International
MAR
$92.9B
| $20.3M | 0.01% |
153,500
-73,500
| -32% | -$9.38M |
|
1307
PUT
Bath & Body Works
BBWI
$3.91B
| $20.2M | 0.01% |
826,687
+37,110
| +5% | +$928K |
|
|
SPR
1308
PUT
DELISTED
Spirit AeroSystems
SPR
| $20.2M | 0.01% |
220,800
+26,700
| +14% | +$2.35M |
|
1309
PUT
Cognizant
CTSH
$26.5B
| $20.2M | 0.01% |
261,600
-1,070,000
| -80% | -$83.7M |
|
1310
Red Robin
RRGB
$185M
| $20.2M | 0.01% |
502,567
+74,394
| +17% | +$3.16M |
|
1311
PUT
Vail Resorts
MTN
$5.24B
| $20.2M | 0.01% |
73,500
+34,800
| +90% | +$10M |
|
1312
CALL
XPO
XPO
$25B
| $20.2M | 0.01% |
510,331
-79,803
| -14% | -$2.9M |
|
1313
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.94B
| $20.1M | 0.01% |
+698,985
| New | +$19.6M |
|
|
ICPT
1314
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $20.1M | 0.01% |
159,400
+87,400
| +121% | +$9.25M |
|
|
1315
CALL
Cognizant
CTSH
$26.5B
| $20.1M | 0.01% |
261,000
-973,800
| -79% | -$76.2M |
|
|
NBIS
1316
PUT
Nebius Group N.V.
NBIS
$73.8B
| $20.1M | 0.01% |
612,100
+62,200
| +11% | +$2.11M |
|
|
NLSN
1317
PUT
DELISTED
Nielsen Holdings plc
NLSN
| $20.1M | 0.01% |
725,700
+676,900
| +1,387% | +$18.2M |
|
|
HTZ
1318
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $20.1M | 0.01% |
1,414,694
+226,286
| +19% | +$3.4M |
|
1319
PUT
Capri Holdings
CPRI
$1.76B
| $20.1M | 0.01% |
292,700
+73,600
| +34% | +$5.15M |
|
|
LTRPA
1320
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $20.1M | 0.01% |
1,351,343
+15,029
| +1% | +$238K |
|
1321
CALL
Newmont
NEM
$124B
| $20M | 0.01% |
661,200
+126,100
| +24% | +$4.27M |
|
|
MRO
1322
CALL
DELISTED
Marathon Oil Corporation
MRO
| $19.8M | 0.01% |
852,600
+178,900
| +27% | +$3.74M |
|
1323
PUT
Stanley Black & Decker
SWK
$15.4B
| $19.8M | 0.01% |
134,900
+76,700
| +132% | +$10.9M |
|
|
GAP
1324
PUT
The Gap Inc
GAP
$7.43B
| $19.7M | 0.01% |
684,400
+141,400
| +26% | +$4.24M |
|
1325
CALL
Yum! Brands
YUM
$40.9B
| $19.7M | 0.01% |
217,100
+94,800
| +78% | +$7.91M |
|
Similar funds
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.