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 | |
|---|---|---|---|---|---|---|
1901
Sanmina
SANM
$11.3B
| $11.7M | 0.01% |
365,236
+125,425
| +52% | +$3.85M |
|
1902
PUT
Lincoln National
LNC
$8.7B
| $11.7M | 0.01% |
193,900
+144,100
| +289% | +$8.62M |
|
|
DISH
1903
PUT
DELISTED
DISH Network Corp.
DISH
| $11.7M | 0.01% |
343,300
+20,800
| +6% | +$745K |
|
1904
CALL
Ralph Lauren
RL
$23.2B
| $11.7M | 0.01% |
122,300
+53,800
| +79% | +$5.32M |
|
1905
iShares Select Dividend ETF
DVY
$24.1B
| $11.7M | 0.01% |
114,482
-13,598
| -11% | -$1.36M |
|
1906
CALL
NCR Voyix
VYX
$1.13B
| $11.6M | 0.01% |
601,144
-34,882
| -5% | -$674K |
|
|
KSU
1907
PUT
DELISTED
Kansas City Southern
KSU
| $11.6M | 0.01% |
87,500
+36,100
| +70% | +$4.5M |
|
1908
PUT
Progressive
PGR
$122B
| $11.6M | 0.01% |
150,500
+17,300
| +13% | +$1.36M |
|
|
MINI
1909
DELISTED
Mobile Mini Inc
MINI
| $11.6M | 0.01% |
315,370
-105,616
| -25% | -$3.44M |
|
1910
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $11.6M | 0.01% |
+20,340
| New | +$15.5M |
|
1911
CALL
Ferrari
RACE
$72.9B
| $11.6M | 0.01% |
75,400
+5,400
| +8% | +$862K |
|
1912
PUT
Adient
ADNT
$1.57B
| $11.6M | 0.01% |
505,600
+124,200
| +33% | +$2.83M |
|
1913
CALL
Yelp
YELP
$1.34B
| $11.6M | 0.01% |
333,100
+33,000
| +11% | +$1.14M |
|
|
FL
1914
DELISTED
Foot Locker
FL
| $11.6M | 0.01% |
268,098
-26,264
| -9% | -$1.06M |
|
1915
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.6B
| $11.6M | 0.01% |
397,200
-452,200
| -53% | -$13M |
|
|
JOYY
1916
CALL
JOYY Inc
JOYY
$3.68B
| $11.6M | 0.01% |
205,500
-18,200
| -8% | -$1.11M |
|
1917
Virtu Financial
VIRT
$5.3B
| $11.6M | 0.01% |
706,235
-224,401
| -24% | -$4.49M |
|
1918
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $11.5M | 0.01% |
272,500
+137,000
| +101% | +$5.99M |
|
1919
Agios Pharmaceuticals
AGIO
$2B
| $11.5M | 0.01% |
355,902
-275,156
| -44% | -$11.4M |
|
|
AGR
1920
DELISTED
Avangrid, Inc.
AGR
| $11.5M | 0.01% |
+220,665
| New | +$11.1M |
|
1921
AGCO
AGCO
$7.1B
| $11.5M | 0.01% |
152,257
-7,606
| -5% | -$559K |
|
1922
CALL
L3Harris
LHX
$54.3B
| $11.5M | 0.01% |
55,200
-17,800
| -24% | -$3.64M |
|
|
FITB
1923
PUT
Fifth Third Bancorp
FITB
$52.7B
| $11.5M | 0.01% |
420,100
+6,800
| +2% | +$186K |
|
1924
PUT
Wabtec
WAB
$50.5B
| $11.5M | 0.01% |
159,700
-16,500
| -9% | -$1.17M |
|
|
SCS
1925
DELISTED
Steelcase
SCS
| $11.5M | 0.01% |
623,372
+286,778
| +85% | +$4.77M |
|
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.