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 |
Amazon
AMZN
|
+$861M |
| 2 |
Apple
AAPL
|
+$417M |
| 3 |
JPMorgan Chase
JPM
|
+$350M |
| 4 |
T-Mobile US
TMUS
|
+$337M |
| 5 |
Aon
AON
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$603M |
| 2 |
Charter Communications
CHTR
|
+$504M |
| 3 |
Fidelity National Information Services
FIS
|
+$496M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$429M |
| 5 |
Baxter International
BAX
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.54% |
| 2 | Technology | 3.36% |
| 3 | Financials | 2.95% |
| 4 | Consumer Discretionary | 2.92% |
| 5 | Industrials | 2.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
PUT
Southern Company
SO
$107B
| $14.7M | 0.01% |
283,800
-72,900
| -20% | -$4.05M |
|
1677
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $14.7M | 0.01% |
925,500
-356,500
| -28% | -$5.71M |
|
1678
PUT
Stanley Black & Decker
SWK
$15.4B
| $14.7M | 0.01% |
105,200
+61,500
| +141% | +$7.42M |
|
1679
Direxion Daily Financial Bull 3x ETF
FAS
$2.49B
| $14.7M | 0.01% |
468,428
+225,911
| +93% | +$6.68M |
|
|
JWN
1680
PUT
DELISTED
Nordstrom
JWN
| $14.6M | 0.01% |
945,500
+341,700
| +57% | +$6.02M |
|
1681
Aurinia Pharmaceuticals
AUPH
$2.06B
| $14.6M | 0.01% |
899,732
-358,654
| -29% | -$5.74M |
|
|
K
1682
DELISTED
Kellanova
K
| $14.6M | 0.01% |
235,523
-2,042,150
| -90% | -$124M |
|
1683
CALL
Bath & Body Works
BBWI
$3.91B
| $14.6M | 0.01% |
1,204,467
+217,588
| +22% | +$2.43M |
|
1684
CALL
Pan American Silver
PAAS
$20B
| $14.6M | 0.01% |
479,200
-129,000
| -21% | -$3.06M |
|
1685
Alerian MLP ETF
AMLP
$13.2B
| $14.5M | 0.01% |
589,262
+30,397
| +5% | +$745K |
|
1686
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $14.5M | 0.01% |
165,789
+54,224
| +49% | +$4.78M |
|
|
AVLR
1687
CALL
DELISTED
Avalara, Inc.
AVLR
| $14.5M | 0.01% |
109,100
+43,600
| +67% | +$4.29M |
|
1688
CALL
Hershey
HSY
$37B
| $14.5M | 0.01% |
111,900
-20,700
| -16% | -$2.78M |
|
|
BSJK
1689
DELISTED
Invesco BulletShares 2020 High Yield Corporate Bond ETF
BSJK
| $14.5M | 0.01% |
622,899
+191,362
| +44% | +$4.44M |
|
|
DCH
1690
Dauch Corp
DCH
$1.6B
| $14.5M | 0.01% |
1,904,019
-1,011,104
| -35% | -$5.84M |
|
1691
PUT
Enterprise Products Partners
EPD
$84B
| $14.5M | 0.01% |
795,400
+382,500
| +93% | +$6.84M |
|
1692
PUT
Cheniere Energy
LNG
$56.1B
| $14.4M | 0.01% |
298,600
+65,500
| +28% | +$2.86M |
|
1693
PUT
Corning
GLW
$143B
| $14.4M | 0.01% |
556,600
+259,000
| +87% | +$5.87M |
|
|
FL
1694
CALL
DELISTED
Foot Locker
FL
| $14.4M | 0.01% |
493,500
+181,200
| +58% | +$4.79M |
|
1695
PUT
Cognizant
CTSH
$26.5B
| $14.4M | 0.01% |
253,200
+36,500
| +17% | +$1.96M |
|
1696
PUT
Newell Brands
NWL
$2.66B
| $14.4M | 0.01% |
904,200
+116,000
| +15% | +$1.59M |
|
|
1697
PUT
T-Mobile US
TMUS
$196B
| $14.4M | 0.01% |
137,800
-124,800
| -48% | -$12M |
|
|
QTS.PRB
1698
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
| $14.3M | 0.01% |
100,000
+49,927
| +100% | +$7.06M |
|
1699
CALL
Centene
CNC
$33.3B
| $14.3M | 0.01% |
224,900
-33,900
| -13% | -$2.21M |
|
1700
PUT
Archer Daniels Midland
ADM
$38.8B
| $14.3M | 0.01% |
358,100
+9,300
| +3% | +$348K |
|
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Ken Griffin's Q2 2020 Portfolio in Review
As of Q2 2020, Ken Griffin held 11,014 positions worth $280B, up 26% from $222B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Griffin withdrew a net $9.91B in Q2 2020, closing 1,324 positions and reducing 3,586 holdings. Its most notable exit was Allergan plc, an estimated $603M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.5% of assets, down from 4.1% a quarter earlier, followed by Technology and Financials.
Against the trend, Ken Griffin opened a new position in Becton Dickinson worth $266M.
- Ken Griffin's largest Q2 2020 buy was Becton Dickinson: 1,140,373 shares worth $266M.
- Ken Griffin added most to Amazon in Q2 2020, an estimated $861M increase.
- Ken Griffin's biggest Q2 2020 reduction was Charter Communications, cutting an estimated $504M.
- Ken Griffin fully exited Allergan plc in Q2 2020, selling an estimated $603M.
- Ken Griffin's ten largest holdings make up 32% of its $280B portfolio in Q2 2020.
- Ken Griffin opened 1,506 new positions and closed 1,324 in Q2 2020.
- Ken Griffin's portfolio value rose 26% quarter-over-quarter to $280B.
Based on Citadel Advisors's 13F filing for Q2 2020, filed 14 Aug 2020.