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 | |
|---|---|---|---|---|---|---|
1851
PUT
F5
FFIV
$22.8B
| $12.4M | 0.01% |
88,000
+35,500
| +68% | +$4.91M |
|
1852
Pinterest
PINS
$13.6B
| $12.3M | 0.01% |
465,687
+118,998
| +34% | +$3.56M |
|
1853
Texas Instruments
TXN
$255B
| $12.3M | 0.01% |
95,301
-33,326
| -26% | -$4.11M |
|
1854
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $12.3M | 0.01% |
200,400
-25,200
| -11% | -$1.52M |
|
1855
Ligand Pharmaceuticals
LGND
$5.87B
| $12.3M | 0.01% |
197,913
+79,115
| +67% | +$4.97M |
|
1856
Diageo
DEO
$53.1B
| $12.3M | 0.01% |
75,029
+73,382
| +4,455% | +$12.3M |
|
|
ICPT
1857
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $12.2M | 0.01% |
184,400
+152,700
| +482% | +$10.3M |
|
1858
White Mountains Insurance
WTM
$5.1B
| $12.2M | 0.01% |
11,314
+5,695
| +101% | +$6.07M |
|
|
WRK
1859
PUT
DELISTED
WestRock Company
WRK
| $12.2M | 0.01% |
335,100
+181,200
| +118% | +$6.47M |
|
1860
ManpowerGroup
MAN
$2.71B
| $12.2M | 0.01% |
144,973
+119,915
| +479% | +$10.5M |
|
1861
Teleflex
TFX
$5.81B
| $12.2M | 0.01% |
35,916
+16,662
| +87% | +$5.81M |
|
1862
PUT
Rockwell Automation
ROK
$49.9B
| $12.2M | 0.01% |
73,900
-1,100
| -1% | -$174K |
|
1863
Repligen
RGEN
$9.42B
| $12.2M | 0.01% |
158,727
+118,330
| +293% | +$10.3M |
|
1864
PUT
Digital Realty Trust
DLR
$74.1B
| $12.2M | 0.01% |
93,700
+56,100
| +149% | +$6.83M |
|
1865
ZTO Express
ZTO
$17.4B
| $12.2M | 0.01% |
570,074
+316,799
| +125% | +$6.37M |
|
1866
PUT
Old Dominion Freight Line
ODFL
$43.7B
| $12.1M | 0.01% |
213,900
+81,600
| +62% | +$4.43M |
|
1867
Equitable Holdings
EQH
$14.5B
| $12.1M | 0.01% |
546,043
-2,525,308
| -82% | -$54.2M |
|
1868
CALL
Parker-Hannifin
PH
$133B
| $12M | 0.01% |
66,700
+10,800
| +19% | +$1.84M |
|
1869
PUT
Realty Income
O
$59.4B
| $12M | 0.01% |
162,024
+20,330
| +14% | +$1.43M |
|
|
DISH
1870
CALL
DELISTED
DISH Network Corp.
DISH
| $12M | 0.01% |
353,200
-110,800
| -24% | -$3.97M |
|
1871
CALL
PG&E
PCG
$39.3B
| $12M | 0.01% |
1,202,300
+526,800
| +78% | +$7.97M |
|
1872
PUT
NetApp
NTAP
$40.6B
| $12M | 0.01% |
228,700
+74,700
| +49% | +$4.01M |
|
1873
PUT
Restaurant Brands International
QSR
$27.1B
| $12M | 0.01% |
168,700
+47,300
| +39% | +$3.49M |
|
|
STI
1874
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $12M | 0.01% |
174,000
-9,400
| -5% | -$602K |
|
1875
PUT
Nokia
NOK
$60.1B
| $11.9M | 0.01% |
2,361,200
-266,900
| -10% | -$1.38M |
|
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.