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 | |
|---|---|---|---|---|---|---|
1801
Canadian National Railway
CNI
$76.7B
| $13M | 0.01% |
144,784
-26,065
| -15% | -$2.41M |
|
1802
Caesars Entertainment
CZR
$6.06B
| $12.9M | 0.01% |
324,437
-158,246
| -33% | -$6.72M |
|
1803
Sinclair Inc
SBGI
$1.07B
| $12.9M | 0.01% |
302,598
-468,636
| -61% | -$22.7M |
|
1804
PUT
Cencora
COR
$59.9B
| $12.9M | 0.01% |
156,800
+66,700
| +74% | +$5.73M |
|
1805
PBF Energy
PBF
$8.52B
| $12.9M | 0.01% |
474,414
-232,179
| -33% | -$5.93M |
|
1806
PUT
Aflac
AFL
$60.9B
| $12.9M | 0.01% |
246,500
+78,200
| +46% | +$4.13M |
|
1807
PUT
Corning
GLW
$143B
| $12.9M | 0.01% |
451,900
+61,800
| +16% | +$1.85M |
|
1808
iShares 20+ Year Treasury Bond ETF
TLT
$40.5B
| $12.9M | 0.01% |
90,023
-45,134
| -33% | -$6.27M |
|
1809
Conagra Brands
CAG
$7.5B
| $12.8M | 0.01% |
418,021
-510,395
| -55% | -$14.7M |
|
1810
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $12.8M | 0.01% |
+22,430
| New | +$17.1M |
|
1811
CALL
Cooper Companies
COO
$14.9B
| $12.8M | 0.01% |
172,000
+92,800
| +117% | +$7.48M |
|
1812
PUT
Vulcan Materials
VMC
$36.5B
| $12.8M | 0.01% |
84,400
-32,100
| -28% | -$4.53M |
|
1813
CALL
Papa John's
PZZA
$799M
| $12.7M | 0.01% |
243,400
+62,600
| +35% | +$2.95M |
|
|
GRMN
1814
PUT
Garmin
GRMN
$59.8B
| $12.7M | 0.01% |
150,300
+27,800
| +23% | +$2.24M |
|
|
SAGE
1815
DELISTED
Sage Therapeutics
SAGE
| $12.7M | 0.01% |
90,297
+84,374
| +1,425% | +$14.1M |
|
1816
CALL
NetApp
NTAP
$40.6B
| $12.7M | 0.01% |
241,000
-9,800
| -4% | -$526K |
|
1817
Alamos Gold
AGI
$14B
| $12.7M | 0.01% |
2,180,940
+1,132,896
| +108% | +$7.57M |
|
|
MNDT
1818
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $12.6M | 0.01% |
948,000
-209,300
| -18% | -$2.97M |
|
1819
CALL
TAL Education Group
TAL
$6.46B
| $12.6M | 0.01% |
368,900
+150,400
| +69% | +$5.24M |
|
|
RCM
1820
DELISTED
R1 RCM Inc. Common Stock
RCM
| $12.6M | 0.01% |
1,413,413
+688,416
| +95% | +$8.12M |
|
1821
Paylocity
PCTY
$7.87B
| $12.6M | 0.01% |
129,332
-100,388
| -44% | -$10.3M |
|
1822
PENN Entertainment
PENN
$2.52B
| $12.6M | 0.01% |
677,184
-354,283
| -34% | -$6.71M |
|
1823
Pool Corp
POOL
$7.08B
| $12.6M | 0.01% |
62,510
+2,726
| +5% | +$525K |
|
1824
Macy's
M
$6.16B
| $12.6M | 0.01% |
810,820
-867,770
| -52% | -$16.1M |
|
1825
Parker-Hannifin
PH
$133B
| $12.6M | 0.01% |
69,641
-97,093
| -58% | -$16.5M |
|
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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.