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 | |
|---|---|---|---|---|---|---|
|
KYNB
1826
Kyntra Bio
KYNB
$28.5M
| $12.6M | 0.01% |
13,587
-16,120
| -54% | -$17.7M |
|
1827
OneMain Financial
OMF
$7.56B
| $12.6M | 0.01% |
342,441
+329,124
| +2,471% | +$12.2M |
|
1828
HEICO Corp Class A
HEI.A
$38.4B
| $12.6M | 0.01% |
128,994
+14,157
| +12% | +$1.5M |
|
1829
PUT
Oneok
OKE
$59.9B
| $12.5M | 0.01% |
170,300
+45,000
| +36% | +$3.18M |
|
1830
AerCap
AER
$24B
| $12.5M | 0.01% |
228,979
+190,481
| +495% | +$10.1M |
|
1831
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $12.5M | 0.01% |
462,400
+103,700
| +29% | +$2.76M |
|
1832
TriNet
TNET
$3.16B
| $12.5M | 0.01% |
201,443
+152,264
| +310% | +$10.4M |
|
|
MTOR
1833
DELISTED
MERITOR, Inc.
MTOR
| $12.5M | 0.01% |
676,937
+597,764
| +755% | +$12.1M |
|
1834
PUT
Diodes
DIOD
$4.77B
| $12.5M | 0.01% |
311,800
+213,100
| +216% | +$8.24M |
|
|
VGR
1835
PUT
DELISTED
Vector Group Ltd.
VGR
| $12.5M | 0.01% |
1,481,346
+122,839
| +9% | +$941K |
|
1836
Arbor Realty Trust
ABR
$950M
| $12.5M | 0.01% |
954,269
-34,101
| -3% | -$426K |
|
1837
CALL
Public Storage
PSA
$60.9B
| $12.5M | 0.01% |
51,000
+18,700
| +58% | +$4.7M |
|
1838
Comfort Systems
FIX
$62.4B
| $12.5M | 0.01% |
282,691
+101,773
| +56% | +$4.44M |
|
1839
PUT
International Paper
IP
$21.6B
| $12.5M | 0.01% |
315,216
-16,051
| -5% | -$627K |
|
1840
PUT
State Street SPDR S&P Bank ETF
KBE
$1.76B
| $12.5M | 0.01% |
289,000
+76,700
| +36% | +$3.27M |
|
1841
Trex
TREX
$5.06B
| $12.5M | 0.01% |
273,912
+154,690
| +130% | +$6.24M |
|
1842
PUT
Cleveland-Cliffs
CLF
$6.79B
| $12.4M | 0.01% |
1,722,500
-281,600
| -14% | -$2.54M |
|
1843
Kosmos Energy
KOS
$1.51B
| $12.4M | 0.01% |
1,990,997
-1,157,344
| -37% | -$7.11M |
|
|
HUYA
1844
Huya Inc
HUYA
$529M
| $12.4M | 0.01% |
524,484
-4,563
| -0.9% | -$108K |
|
1845
CALL
Delek US
DK
$4.01B
| $12.4M | 0.01% |
341,400
-17,800
| -5% | -$655K |
|
1846
PUT
Intercontinental Exchange
ICE
$86.9B
| $12.4M | 0.01% |
134,200
+30,100
| +29% | +$2.75M |
|
|
MDLA
1847
DELISTED
Medallia, Inc.
MDLA
| $12.4M | 0.01% |
+451,317
| New | +$16M |
|
1848
CALL
Takeda Pharmaceutical
TAK
$56.3B
| $12.4M | 0.01% |
719,500
+23,900
| +3% | +$413K |
|
1849
PUT
Paychex
PAYX
$43.4B
| $12.4M | 0.01% |
149,400
-40,700
| -21% | -$3.38M |
|
1850
CALL
Credit Acceptance
CACC
$6.1B
| $12.4M | 0.01% |
26,800
-6,800
| -20% | -$3.21M |
|
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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.