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 | |
|---|---|---|---|---|---|---|
|
RPAI
1401
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $19.5M | 0.01% |
1,579,569
+1,447,945
| +1,100% | +$17M |
|
1402
National Beverage
FIZZ
$2.93B
| $19.4M | 0.01% |
876,630
+558,236
| +175% | +$12M |
|
1403
Sempra
SRE
$56.8B
| $19.4M | 0.01% |
263,178
-656,232
| -71% | -$45.9M |
|
1404
Ericsson
ERIC
$33.6B
| $19.4M | 0.01% |
2,431,066
+892,572
| +58% | +$7.61M |
|
|
PPL
1405
PPL Corp
PPL
$27.1B
| $19.3M | 0.01% |
613,647
+419,908
| +217% | +$12.7M |
|
1406
PUT
Carvana
CVNA
$82.9B
| $19.3M | 0.01% |
1,463,500
-654,000
| -31% | -$9.4M |
|
|
CTXS
1407
CALL
DELISTED
Citrix Systems Inc
CTXS
| $19.3M | 0.01% |
199,900
+38,900
| +24% | +$3.72M |
|
1408
Cboe Global Markets
CBOE
$30.9B
| $19.3M | 0.01% |
167,804
-1,081,854
| -87% | -$125M |
|
1409
CALL
MGM Resorts International
MGM
$11.1B
| $19.2M | 0.01% |
693,900
-150,200
| -18% | -$4.31M |
|
1410
PUT
Bath & Body Works
BBWI
$3.89B
| $19.2M | 0.01% |
1,213,373
-857,489
| -41% | -$15.1M |
|
1411
PUT
Ventas
VTR
$46.8B
| $19.2M | 0.01% |
262,900
+106,500
| +68% | +$7.56M |
|
|
JAG
1412
DELISTED
Jagged Peak Energy Inc.
JAG
| $19.2M | 0.01% |
2,643,670
+1,865,779
| +240% | +$13.8M |
|
1413
PUT
NIO
NIO
$11.3B
| $19.2M | 0.01% |
12,292,200
+7,862,300
| +177% | +$24M |
|
|
PRO
1414
DELISTED
PROS Holdings
PRO
| $19.1M | 0.01% |
321,109
+220,579
| +219% | +$14.9M |
|
1415
CALL
GDS Holdings
GDS
$6.89B
| $19.1M | 0.01% |
476,800
+377,600
| +381% | +$15.2M |
|
1416
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $19.1M | 0.01% |
208,524
+127,068
| +156% | +$11.6M |
|
1417
Shopify
SHOP
$199B
| $19.1M | 0.01% |
612,510
-392,860
| -39% | -$13.5M |
|
|
ACIA
1418
DELISTED
Acacia Communications Inc
ACIA
| $19.1M | 0.01% |
291,784
-121,407
| -29% | -$7.69M |
|
1419
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $19M | 0.01% |
712,600
+251,800
| +55% | +$6.77M |
|
1420
CALL
Hilton Worldwide
HLT
$73.6B
| $19M | 0.01% |
204,200
+18,400
| +10% | +$1.75M |
|
1421
CALL
Albemarle
ALB
$16.1B
| $19M | 0.01% |
273,300
+18,700
| +7% | +$1.27M |
|
|
DFS
1422
PUT
DELISTED
Discover Financial Services
DFS
| $19M | 0.01% |
234,300
+63,600
| +37% | +$5.25M |
|
1423
CALL
Agnico Eagle Mines
AEM
$94.3B
| $19M | 0.01% |
354,300
+51,300
| +17% | +$2.91M |
|
1424
Seagate
STX
$219B
| $19M | 0.01% |
353,104
+110,067
| +45% | +$5.4M |
|
|
GWPH
1425
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $19M | 0.01% |
165,000
+21,500
| +15% | +$3.26M |
|
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.