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 | |
|---|---|---|---|---|---|---|
1526
Unifirst Corp
UNF
$5.19B
| $17M | 0.01% |
87,314
+35,698
| +69% | +$6.92M |
|
1527
Domino's
DPZ
$11.5B
| $17M | 0.01% |
69,646
-570,819
| -89% | -$141M |
|
|
LK
1528
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $17M | 0.01% |
894,725
+193,133
| +28% | +$4.09M |
|
1529
Mid-America Apartment Communities
MAA
$15.5B
| $16.9M | 0.01% |
130,273
+67,683
| +108% | +$8.41M |
|
1530
CALL
Dominion Energy
D
$60.5B
| $16.9M | 0.01% |
208,900
+1,600
| +0.8% | +$124K |
|
1531
AMC Global Media
AMCX
$510M
| $16.9M | 0.01% |
344,201
+171,740
| +100% | +$8.86M |
|
|
BECN
1532
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $16.9M | 0.01% |
504,551
+129,910
| +35% | +$4.39M |
|
1533
PUT
SBA Communications
SBAC
$19.6B
| $16.9M | 0.01% |
70,100
-269,800
| -79% | -$66.7M |
|
|
PARA
1534
PUT
DELISTED
Paramount Global Class B
PARA
| $16.9M | 0.01% |
418,700
+54,700
| +15% | +$2.56M |
|
1535
Matador Resources
MTDR
$6.64B
| $16.9M | 0.01% |
1,021,921
+858,026
| +524% | +$14.3M |
|
1536
PUT
Molson Coors Class B
TAP
$7.97B
| $16.9M | 0.01% |
293,700
+136,700
| +87% | +$7.41M |
|
1537
CALL
Stellantis
STLA
$20.2B
| $16.9M | 0.01% |
1,303,800
+294,900
| +29% | +$3.95M |
|
1538
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $16.9M | 0.01% |
163,000
-7,800
| -5% | -$825K |
|
1539
CALL
Travelers Companies
TRV
$77.2B
| $16.9M | 0.01% |
113,500
+29,700
| +35% | +$4.42M |
|
1540
National Fuel Gas
NFG
$7.79B
| $16.9M | 0.01% |
359,248
+190,106
| +112% | +$9.24M |
|
|
CIT
1541
DELISTED
CIT Group Inc.
CIT
| $16.8M | 0.01% |
371,850
+151,237
| +69% | +$7.05M |
|
1542
Cinemark Holdings
CNK
$4.33B
| $16.8M | 0.01% |
435,961
-151,502
| -26% | -$5.79M |
|
1543
CALL
Zebra Technologies
ZBRA
$17.8B
| $16.8M | 0.01% |
81,500
+13,200
| +19% | +$2.67M |
|
1544
CALL
Zoetis
ZTS
$30.5B
| $16.8M | 0.01% |
134,900
+16,700
| +14% | +$2.02M |
|
1545
CALL
Cheniere Energy
LNG
$56.1B
| $16.8M | 0.01% |
266,300
-218,900
| -45% | -$14M |
|
1546
Meritage Homes
MTH
$4.76B
| $16.8M | 0.01% |
477,388
+435,814
| +1,048% | +$13.6M |
|
1547
PUT
XPO
XPO
$24.7B
| $16.8M | 0.01% |
677,164
-46,552
| -6% | -$1.08M |
|
1548
CALL
KKR & Co
KKR
$102B
| $16.7M | 0.01% |
622,600
+41,100
| +7% | +$1.08M |
|
1549
Qiagen
QGEN
$8.87B
| $16.7M | 0.01% |
477,364
+389,716
| +445% | +$15M |
|
1550
CALL
ASML
ASML
$708B
| $16.6M | 0.01% |
67,000
+19,900
| +42% | +$4.48M |
|
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.