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 |
Amazon
AMZN
|
+$615M |
| 2 |
Uber
UBER
|
+$551M |
| 3 |
Expedia Group
EXPE
|
+$523M |
| 4 |
PayPal
PYPL
|
+$452M |
| 5 |
Eaton
ETN
|
+$408M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$681M |
| 2 |
RTN
Raytheon Company
RTN
|
+$543M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$537M |
| 4 |
Charter Communications
CHTR
|
+$472M |
| 5 |
SPDR Gold Trust
GLD
|
+$464M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.29% |
| 2 | Financials | 4.55% |
| 3 | Industrials | 4.18% |
| 4 | Healthcare | 4.08% |
| 5 | Consumer Discretionary | 3.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CBPO
1901
CALL
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $11.8M | 0.01% |
101,200
+84,400
| +502% | +$9.77M |
|
|
SKX
1902
PUT
DELISTED
Skechers
SKX
| $11.8M | 0.01% |
272,600
-159,700
| -37% | -$6.3M |
|
1903
National Fuel Gas
NFG
$7.79B
| $11.8M | 0.01% |
252,914
-106,334
| -30% | -$4.85M |
|
1904
CALL
MarketAxess Holdings
MKTX
$5.72B
| $11.8M | 0.01% |
31,000
-10,800
| -26% | -$3.96M |
|
1905
CALL
Chubb
CB
$133B
| $11.7M | 0.01% |
75,400
+5,700
| +8% | +$872K |
|
1906
CALL
Rockwell Automation
ROK
$49.9B
| $11.7M | 0.01% |
57,800
+18,400
| +47% | +$3.41M |
|
1907
ProShares UltraShort Euro
EUO
$33.1M
| $11.7M | 0.01% |
437,026
+28,385
| +7% | +$775K |
|
1908
PUT
International Flavors & Fragrances
IFF
$21.5B
| $11.7M | 0.01% |
90,700
-33,700
| -27% | -$4.3M |
|
1909
PUT
Steel Dynamics
STLD
$36.7B
| $11.7M | 0.01% |
343,700
-11,300
| -3% | -$361K |
|
1910
CALL
Acadia Pharmaceuticals
ACAD
$4.87B
| $11.7M | 0.01% |
273,400
-45,200
| -14% | -$1.97M |
|
1911
PUT
Ecolab
ECL
$77.4B
| $11.7M | 0.01% |
60,600
-102,200
| -63% | -$19.4M |
|
1912
Terex
TEX
$7.76B
| $11.7M | 0.01% |
392,646
-286,541
| -42% | -$8.05M |
|
1913
Agios Pharmaceuticals
AGIO
$2B
| $11.7M | 0.01% |
244,373
-111,529
| -31% | -$4.22M |
|
1914
CALL
HSBC
HSBC
$357B
| $11.6M | 0.01% |
298,000
-314,000
| -51% | -$11.9M |
|
1915
PUT
Dick's Sporting Goods
DKS
$18.1B
| $11.6M | 0.01% |
235,300
+119,500
| +103% | +$5.08M |
|
1916
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.64B
| $11.6M | 0.01% |
+238,677
| New | +$11.5M |
|
1917
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$390M
| $11.6M | 0.01% |
204,047
-1,045
| -0.5% | -$57K |
|
1918
PUT
Idexx Laboratories
IDXX
$43.4B
| $11.6M | 0.01% |
44,500
-11,600
| -21% | -$3.06M |
|
1919
PUT
Vail Resorts
MTN
$5.28B
| $11.6M | 0.01% |
48,400
-16,600
| -26% | -$3.93M |
|
|
CSGS
1920
DELISTED
CSG Systems International
CSGS
| $11.6M | 0.01% |
223,953
-4,108
| -2% | -$222K |
|
1921
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$629M
| $11.6M | 0.01% |
10,075
-575
| -5% | -$516K |
|
1922
Stellantis
STLA
$20.2B
| $11.6M | 0.01% |
786,887
+316,823
| +67% | +$4.58M |
|
1923
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $11.6M | 0.01% |
13,842
-1,535
| -10% | -$974K |
|
1924
SLM Corp
SLM
$5.27B
| $11.6M | 0.01% |
1,296,688
-184,062
| -12% | -$1.6M |
|
|
BBBY
1925
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $11.5M | 0.01% |
667,300
+152,700
| +30% | +$2.14M |
|
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Ken Griffin's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Griffin held 10,299 positions worth $230B, up 8.7% from $212B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Griffin withdrew a net $8.18B in Q4 2019, closing 1,265 positions and reducing 4,117 holdings. Its most notable exit was Celgene Corp, an estimated $681M position sold in full.
By sector, the portfolio is most concentrated in Technology at 5.3% of assets, down from 5.4% a quarter earlier, followed by Financials and Industrials.
Against the trend, Ken Griffin opened a new position in Interxion Holding N.V. worth $83.9M.
- Ken Griffin's largest Q4 2019 buy was Interxion Holding N.V.: 1,000,931 shares worth $83.9M.
- Ken Griffin added most to Amazon in Q4 2019, an estimated $615M increase.
- Ken Griffin's biggest Q4 2019 reduction was Raytheon Company, cutting an estimated $543M.
- Ken Griffin fully exited Celgene Corp in Q4 2019, selling an estimated $681M.
- Ken Griffin's ten largest holdings make up 23% of its $230B portfolio in Q4 2019.
- Ken Griffin opened 1,220 new positions and closed 1,265 in Q4 2019.
- Ken Griffin's portfolio value rose 8.7% quarter-over-quarter to $230B.
Based on Citadel Advisors's 13F filing for Q4 2019, filed 14 Feb 2020.