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 | |
|---|---|---|---|---|---|---|
1376
FIVE9
FIVN
$2.47B
| $19.9M | 0.01% |
370,721
+137,119
| +59% | +$7.71M |
|
|
GWPH
1377
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $19.9M | 0.01% |
173,100
+84,700
| +96% | +$12.9M |
|
1378
Sonoco
SON
$5.74B
| $19.9M | 0.01% |
341,605
+239,917
| +236% | +$14.3M |
|
1379
Highwoods Properties
HIW
$3.48B
| $19.8M | 0.01% |
441,616
+69,978
| +19% | +$3.07M |
|
|
VIAB
1380
DELISTED
Viacom Inc. Class B
VIAB
| $19.8M | 0.01% |
825,798
-4,489,616
| -84% | -$125M |
|
|
SGMO
1381
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $19.8M | 0.01% |
2,189,515
+282,533
| +15% | +$3.17M |
|
1382
PUT
Trip.com Group
TCOM
$28.3B
| $19.8M | 0.01% |
676,200
+220,300
| +48% | +$7.75M |
|
1383
Cleveland-Cliffs
CLF
$6.76B
| $19.8M | 0.01% |
2,742,053
-249,040
| -8% | -$2.24M |
|
1384
PUT
Agnico Eagle Mines
AEM
$94.2B
| $19.8M | 0.01% |
369,100
+52,400
| +17% | +$2.97M |
|
1385
Toronto Dominion Bank
TD
$204B
| $19.8M | 0.01% |
338,908
-2,619,769
| -89% | -$149M |
|
|
FISV
1386
CALL
Fiserv Inc
FISV
$28.8B
| $19.8M | 0.01% |
190,700
-118,700
| -38% | -$12.1M |
|
1387
PUT
iQIYI
IQ
$1.3B
| $19.7M | 0.01% |
1,223,400
-249,000
| -17% | -$4.57M |
|
1388
Blackstone Mortgage Trust
BXMT
$2.43B
| $19.7M | 0.01% |
550,314
-606,954
| -52% | -$21.6M |
|
1389
CALL
Bausch Health
BHC
$2.41B
| $19.7M | 0.01% |
902,600
-252,700
| -22% | -$5.78M |
|
1390
PUT
Fidelity National Information Services
FIS
$22.1B
| $19.7M | 0.01% |
148,300
+48,300
| +48% | +$6.41M |
|
1391
CALL
TotalEnergies
TTE
$196B
| $19.7M | 0.01% |
378,200
+32,000
| +9% | +$1.66M |
|
1392
MasTec
MTZ
$23.9B
| $19.6M | 0.01% |
302,461
-980,989
| -76% | -$57.3M |
|
1393
CALL
International Flavors & Fragrances
IFF
$21.4B
| $19.6M | 0.01% |
160,000
+43,400
| +37% | +$5.54M |
|
|
VNE
1394
DELISTED
Veoneer, Inc.
VNE
| $19.6M | 0.01% |
1,309,183
-1,161,343
| -47% | -$18.9M |
|
1395
Incyte
INCY
$24.4B
| $19.6M | 0.01% |
263,883
+56,100
| +27% | +$4.53M |
|
1396
CALL
Crown Castle
CCI
$32.3B
| $19.6M | 0.01% |
140,900
+64,200
| +84% | +$8.88M |
|
|
LNW
1397
CALL
DELISTED
Light & Wonder
LNW
| $19.6M | 0.01% |
961,100
+23,200
| +2% | +$458K |
|
1398
CALL
Automatic Data Processing
ADP
$108B
| $19.5M | 0.01% |
121,000
-15,900
| -12% | -$2.63M |
|
1399
PACCAR
PCAR
$68.8B
| $19.5M | 0.01% |
418,304
+394,914
| +1,688% | +$18M |
|
|
BHVN
1400
CALL
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $19.5M | 0.01% |
467,900
+9,000
| +2% | +$380K |
|
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 5.4% 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.