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 |
Morgan Stanley
MS
|
+$798M |
| 2 |
AT&T
T
|
+$527M |
| 3 |
Microchip Technology
MCHP
|
+$472M |
| 4 |
Netflix
NFLX
|
+$446M |
| 5 |
PNC Financial Services
PNC
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$694M |
| 2 |
KeyCorp
KEY
|
+$401M |
| 3 |
Deere & Co
DE
|
+$322M |
| 4 |
CSX Corp
CSX
|
+$318M |
| 5 |
NXP Semiconductors
NXPI
|
+$314M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 5.93% |
| 2 | Technology | 4.66% |
| 3 | Healthcare | 4.45% |
| 4 | Industrials | 4.14% |
| 5 | Consumer Discretionary | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GRMN
1801
CALL
Garmin
GRMN
$59.8B
| $11.9M | 0.01% |
169,900
+93,300
| +122% | +$6.11M |
|
1802
John Wiley & Sons Class A
WLY
$2.61B
| $11.9M | 0.01% |
195,991
+27,860
| +17% | +$1.73M |
|
1803
PUT
Royal Gold
RGLD
$19.5B
| $11.9M | 0.01% |
154,100
+62,000
| +67% | +$5.1M |
|
1804
Dentsply Sirona
XRAY
$2.31B
| $11.9M | 0.01% |
314,196
+174,139
| +124% | +$7.25M |
|
|
ENDP
1805
PUT
DELISTED
Endo International plc
ENDP
| $11.8M | 0.01% |
704,100
-456,300
| -39% | -$6.48M |
|
|
RTEC
1806
DELISTED
Rudolph Technologies Inc
RTEC
| $11.8M | 0.01% |
484,224
+61,777
| +15% | +$1.7M |
|
1807
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $11.8M | 0.01% |
140,639
+33,075
| +31% | +$2.84M |
|
1808
Red Rock Resorts
RRR
$3.76B
| $11.8M | 0.01% |
444,036
-88,944
| -17% | -$2.87M |
|
|
ICPT
1809
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $11.8M | 0.01% |
93,600
+33,300
| +55% | +$3.52M |
|
1810
CALL
ProShares UltraPro S&P 500
UPRO
$5.82B
| $11.8M | 0.01% |
412,800
-88,400
| -18% | -$2.38M |
|
1811
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $11.8M | 0.01% |
492,127
+245,058
| +99% | +$5.9M |
|
1812
PUT
Cintas
CTAS
$79.8B
| $11.8M | 0.01% |
238,000
+65,600
| +38% | +$3.39M |
|
1813
CALL
Marvell Technology
MRVL
$199B
| $11.7M | 0.01% |
608,600
+188,300
| +45% | +$3.87M |
|
1814
CALL
Yelp
YELP
$1.34B
| $11.7M | 0.01% |
238,200
-74,600
| -24% | -$3.26M |
|
1815
CALL
Trinity Industries
TRN
$2.36B
| $11.7M | 0.01% |
444,202
+157,790
| +55% | +$4.14M |
|
1816
CALL
Teladoc Health
TDOC
$1.24B
| $11.7M | 0.01% |
135,600
+73,600
| +119% | +$5.25M |
|
1817
PUT
International Paper
IP
$21.6B
| $11.7M | 0.01% |
251,434
-5,913
| -2% | -$293K |
|
1818
Dick's Sporting Goods
DKS
$18.1B
| $11.7M | 0.01% |
329,632
+322,380
| +4,445% | +$11.6M |
|
1819
Invesco
IVZ
$14.4B
| $11.7M | 0.01% |
511,046
+452,064
| +766% | +$11.3M |
|
1820
CALL
Harley-Davidson
HOG
$2.89B
| $11.7M | 0.01% |
258,100
-48,700
| -16% | -$2.11M |
|
|
JOYY
1821
JOYY Inc
JOYY
$3.68B
| $11.7M | 0.01% |
155,943
+59,345
| +61% | +$4.98M |
|
1822
PUT
KLA
KLAC
$266B
| $11.6M | 0.01% |
1,145,000
+503,000
| +78% | +$5.5M |
|
1823
Universal Display
OLED
$4.09B
| $11.6M | 0.01% |
98,695
-210,298
| -68% | -$23.1M |
|
|
ARD
1824
DELISTED
Ardagh Group S.A. Class A Common Shares
ARD
| $11.6M | 0.01% |
697,198
-127,318
| -15% | -$2.08M |
|
1825
CALL
Exelon
EXC
$47.2B
| $11.6M | 0.01% |
373,633
-156,884
| -30% | -$4.83M |
|
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Ken Griffin's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Griffin held 10,190 positions worth $224B, up 10% from $203B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Ken Griffin deployed $7.48B of net new capital in Q3 2018, opening 1,427 new positions and adding to 4,227 existing holdings. Its largest new stake was Alibaba: 1,030,311 shares worth $170M.
By sector, the portfolio is most concentrated in Financials at 5.9% of assets, down from 6.2% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $694M trimmed.
- Ken Griffin's largest Q3 2018 buy was Alibaba: 1,030,311 shares worth $170M.
- Ken Griffin added most to Morgan Stanley in Q3 2018, an estimated $798M increase.
- Ken Griffin's biggest Q3 2018 reduction was Goldman Sachs, cutting an estimated $694M.
- Ken Griffin fully exited XL Group Ltd. in Q3 2018, selling an estimated $207M.
- Ken Griffin's ten largest holdings make up 25% of its $224B portfolio in Q3 2018.
- Ken Griffin opened 1,427 new positions and closed 1,044 in Q3 2018.
- Ken Griffin's portfolio value rose 10% quarter-over-quarter to $224B.
Based on Citadel Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.