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 | |
|---|---|---|---|---|---|---|
1976
HUB Group
HUBG
$2.46B
| $10.9M | 0.01% |
470,762
+60,672
| +15% | +$1.29M |
|
1977
CALL
Fastenal
FAST
$58.5B
| $10.9M | 0.01% |
667,800
-73,600
| -10% | -$1.14M |
|
1978
Gentex
GNTX
$5.03B
| $10.9M | 0.01% |
396,124
+363,884
| +1,129% | +$9.62M |
|
1979
Prothena Corp
PRTA
$455M
| $10.9M | 0.01% |
1,390,312
-101,290
| -7% | -$900K |
|
1980
PUT
Campbell Soup
CPB
$6.91B
| $10.9M | 0.01% |
232,200
-133,000
| -36% | -$5.74M |
|
1981
Herc Holdings
HRI
$5.8B
| $10.9M | 0.01% |
234,243
+2,011
| +0.9% | +$87.3K |
|
|
PE
1982
CALL
DELISTED
PARSLEY ENERGY INC
PE
| $10.9M | 0.01% |
648,200
+339,400
| +110% | +$5.83M |
|
1983
Direxion Daily Financial Bull 3x ETF
FAS
$2.49B
| $10.9M | 0.01% |
140,177
+74,654
| +114% | +$5.66M |
|
1984
CALL
Trex
TREX
$5.06B
| $10.9M | 0.01% |
239,000
+121,600
| +104% | +$4.9M |
|
1985
GATX Corp
GATX
$6.38B
| $10.9M | 0.01% |
139,994
+115,145
| +463% | +$8.79M |
|
|
STMP
1986
PUT
DELISTED
Stamps.com, Inc.
STMP
| $10.8M | 0.01% |
145,500
+18,600
| +15% | +$1.09M |
|
1987
CALL
Masco
MAS
$14.7B
| $10.8M | 0.01% |
259,600
+23,000
| +10% | +$922K |
|
|
BFYT
1988
CALL
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $10.8M | 0.01% |
433,500
+165,900
| +62% | +$3.48M |
|
1989
MGIC Investment
MTG
$6.39B
| $10.8M | 0.01% |
858,929
-273,787
| -24% | -$3.54M |
|
1990
PUT
ProShares Ultra S&P500
SSO
$8.47B
| $10.8M | 0.01% |
672,800
-40,000
| -6% | -$636K |
|
|
ETFC
1991
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $10.8M | 0.01% |
246,700
+114,500
| +87% | +$5.07M |
|
1992
Entegris
ENTG
$24.7B
| $10.8M | 0.01% |
228,988
+7,259
| +3% | +$306K |
|
1993
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$923M
| $10.8M | 0.01% |
206,095
+94,279
| +84% | +$4.9M |
|
1994
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$390M
| $10.8M | 0.01% |
205,092
+196,718
| +2,349% | +$10.6M |
|
|
XLNX
1995
DELISTED
Xilinx Inc
XLNX
| $10.7M | 0.01% |
112,088
+98,493
| +724% | +$10.8M |
|
|
NATI
1996
DELISTED
National Instruments Corp
NATI
| $10.7M | 0.01% |
255,963
-286,019
| -53% | -$12.3M |
|
1997
PUT
M&T Bank
MTB
$36.7B
| $10.7M | 0.01% |
67,900
+43,100
| +174% | +$6.78M |
|
1998
CNX Resources
CNX
$5.28B
| $10.7M | 0.01% |
1,477,192
+546,540
| +59% | +$4.09M |
|
1999
PUT
Conagra Brands
CAG
$7.5B
| $10.7M | 0.01% |
349,300
-74,900
| -18% | -$2.16M |
|
2000
CALL
GSK
GSK
$99.2B
| $10.7M | 0.01% |
200,560
+50,880
| +34% | +$2.62M |
|
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 1,180 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.