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 | |
|---|---|---|---|---|---|---|
1726
CALL
TSMC
TSM
$2.21T
| $14M | 0.01% |
301,600
-70,500
| -19% | -$3.01M |
|
|
IRBT
1727
CALL
DELISTED
iRobot
IRBT
| $14M | 0.01% |
226,600
+90,900
| +67% | +$6.51M |
|
|
AXNX
1728
DELISTED
Axonics, Inc. Common Stock
AXNX
| $14M | 0.01% |
518,852
+461,538
| +805% | +$16.1M |
|
|
CXO
1729
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $13.9M | 0.01% |
205,100
+115,900
| +130% | +$9.43M |
|
|
TPH
1730
DELISTED
Tri Pointe Homes
TPH
| $13.9M | 0.01% |
925,292
-29,614
| -3% | -$404K |
|
1731
CALL
Deutsche Bank
DB
$72.5B
| $13.9M | 0.01% |
1,854,000
+95,200
| +5% | +$725K |
|
1732
Rocket Pharmaceuticals
RCKT
$381M
| $13.9M | 0.01% |
1,193,201
+79,033
| +7% | +$981K |
|
1733
CALL
Bread Financial
BFH
$4.58B
| $13.9M | 0.01% |
135,700
+98,235
| +262% | +$11.1M |
|
|
CRC
1734
DELISTED
California Resources Corporation
CRC
| $13.9M | 0.01% |
1,359,959
+1,175,236
| +636% | +$15.1M |
|
1735
CALL
Suncor Energy
SU
$77B
| $13.8M | 0.01% |
438,100
+182,200
| +71% | +$5.48M |
|
1736
CALL
Devon Energy
DVN
$50.4B
| $13.8M | 0.01% |
574,800
-77,600
| -12% | -$1.94M |
|
1737
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.6B
| $13.8M | 0.01% |
+259,397
| New | +$13.8M |
|
1738
IAMGOLD
IAG
$10.4B
| $13.8M | 0.01% |
4,050,735
-1,258,306
| -24% | -$4.53M |
|
1739
PUT
Zimmer Biomet
ZBH
$19.2B
| $13.8M | 0.01% |
103,309
+44,908
| +77% | +$5.8M |
|
|
CDK
1740
DELISTED
CDK Global, Inc.
CDK
| $13.7M | 0.01% |
285,684
+102,279
| +56% | +$4.9M |
|
1741
PUT
Vodafone
VOD
$37.9B
| $13.7M | 0.01% |
689,500
-145,600
| -17% | -$2.64M |
|
1742
CALL
MSCI
MSCI
$41.4B
| $13.7M | 0.01% |
63,000
+6,300
| +11% | +$1.46M |
|
1743
PUT
Cooper Companies
COO
$14.9B
| $13.7M | 0.01% |
184,400
+54,800
| +42% | +$4.42M |
|
1744
CALL
MarketAxess Holdings
MKTX
$5.72B
| $13.7M | 0.01% |
41,800
+25,800
| +161% | +$9.23M |
|
1745
PUT
AGNC Investment
AGNC
$13B
| $13.7M | 0.01% |
850,700
+316,800
| +59% | +$5.2M |
|
1746
CALL
MPLX
MPLX
$60.3B
| $13.7M | 0.01% |
488,400
+194,700
| +66% | +$5.71M |
|
1747
State Street SPDR S&P Regional Banking ETF
KRE
$4.68B
| $13.7M | 0.01% |
258,879
-184,065
| -42% | -$9.61M |
|
1748
Coherus Oncology
CHRS
$185M
| $13.7M | 0.01% |
674,418
+172,187
| +34% | +$3.44M |
|
1749
PUT
Ciena
CIEN
$60.7B
| $13.7M | 0.01% |
348,200
-107,100
| -24% | -$4.49M |
|
1750
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $13.6M | 0.01% |
234,161
+215,427
| +1,150% | +$12.4M |
|
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.