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 | 5.29% |
| 2 | Financials | 4.31% |
| 3 | Industrials | 4.01% |
| 4 | Healthcare | 3.77% |
| 5 | Consumer Discretionary | 3.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
PUT
Amgen
AMGN
$224B
| $205M | 0.1% |
1,060,200
+274,000
| +35% | +$52.6M |
|
152
CALL
Caterpillar
CAT
$388B
| $203M | 0.1% |
1,609,800
-79,400
| -5% | -$10.1M |
|
153
CALL
Advanced Micro Devices
AMD
$774B
| $202M | 0.1% |
6,971,400
-93,300
| -1% | -$2.93M |
|
154
Capital One
COF
$134B
| $201M | 0.09% |
2,210,534
+1,228,036
| +125% | +$110M |
|
155
PUT
Citigroup
C
$228B
| $201M | 0.09% |
2,908,200
-503,100
| -15% | -$34.2M |
|
156
KKR & Co
KKR
$99.6B
| $200M | 0.09% |
+7,452,706
| New | +$197M |
|
157
PUT
UnitedHealth
UNH
$361B
| $199M | 0.09% |
917,700
+323,400
| +54% | +$78M |
|
158
CALL
Home Depot
HD
$353B
| $199M | 0.09% |
855,600
-116,900
| -12% | -$25.6M |
|
159
PUT
Qualcomm
QCOM
$171B
| $197M | 0.09% |
2,578,000
-383,200
| -13% | -$28.8M |
|
160
Allstate
ALL
$66.3B
| $196M | 0.09% |
1,804,731
+33,898
| +2% | +$3.54M |
|
|
161
Amgen
AMGN
$224B
| $196M | 0.09% |
1,013,404
+785,948
| +346% | +$151M |
|
162
Marvell Technology
MRVL
$191B
| $193M | 0.09% |
7,725,310
+2,145,326
| +38% | +$53.8M |
|
163
PUT
iShares MSCI Brazil ETF
EWZ
$8.6B
| $193M | 0.09% |
4,577,700
-4,040,300
| -47% | -$174M |
|
|
164
CALL
UnitedHealth
UNH
$361B
| $193M | 0.09% |
886,000
+267,500
| +43% | +$64.5M |
|
165
CVS Health
CVS
$120B
| $192M | 0.09% |
3,049,032
+635,777
| +26% | +$37.7M |
|
166
Constellation Brands
STZ
$22.9B
| $192M | 0.09% |
924,292
+834,922
| +934% | +$168M |
|
167
Global Payments
GPN
$22.7B
| $191M | 0.09% |
1,203,053
+1,041,511
| +645% | +$170M |
|
168
Las Vegas Sands
LVS
$29.6B
| $191M | 0.09% |
3,300,413
-139,102
| -4% | -$8.11M |
|
|
169
PUT
Caterpillar
CAT
$388B
| $190M | 0.09% |
1,502,700
+583,400
| +63% | +$74.1M |
|
170
PUT
Berkshire Hathaway Class B
BRK.B
$1.11T
| $189M | 0.09% |
909,400
+363,200
| +66% | +$74.8M |
|
171
VICI Properties
VICI
$28.6B
| $189M | 0.09% |
8,347,658
+317,936
| +4% | +$6.94M |
|
172
CALL
Mastercard
MA
$492B
| $188M | 0.09% |
691,200
-119,400
| -15% | -$32.9M |
|
173
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $187M | 0.09% |
1,306,600
+514,700
| +65% | +$71.5M |
|
174
GE Aerospace
GE
$382B
| $184M | 0.09% |
4,122,090
+1,851,476
| +82% | +$87M |
|
175
PUT
Wells Fargo
WFC
$264B
| $182M | 0.09% |
3,614,400
-163,600
| -4% | -$7.71M |
|
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 5.3% of assets, down from 5.4% 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.