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 | |
|---|---|---|---|---|---|---|
1976
PUT
Williams Companies
WMB
$92B
| $10.9M | ﹤0.01% |
458,600
-144,600
| -24% | -$3.31M |
|
1977
CALL
Williams-Sonoma
WSM
$28.4B
| $10.9M | ﹤0.01% |
296,200
+161,800
| +120% | +$5.62M |
|
1978
HEICO Corp Class A
HEI.A
$38.4B
| $10.9M | ﹤0.01% |
121,377
-7,617
| -6% | -$726K |
|
1979
CALL
VanEck Oil Services ETF
OIH
$2B
| $10.9M | ﹤0.01% |
40,970
-25,205
| -38% | -$6.03M |
|
|
FITB
1980
PUT
Fifth Third Bancorp
FITB
$52.7B
| $10.9M | ﹤0.01% |
353,100
-67,000
| -16% | -$1.96M |
|
1981
Freshpet
FRPT
$3.5B
| $10.9M | ﹤0.01% |
183,636
+174,571
| +1,926% | +$9.3M |
|
1982
PUT
Molina Healthcare
MOH
$11.1B
| $10.8M | ﹤0.01% |
79,900
+14,200
| +22% | +$1.79M |
|
1983
CALL
Credit Acceptance
CACC
$6.1B
| $10.8M | ﹤0.01% |
24,500
-2,300
| -9% | -$1.01M |
|
1984
CALL
Oneok
OKE
$59.9B
| $10.8M | ﹤0.01% |
143,200
-327,600
| -70% | -$23.4M |
|
1985
ATI
ATI
$31.1B
| $10.8M | ﹤0.01% |
524,093
-244,016
| -32% | -$5.29M |
|
|
MDP
1986
DELISTED
Meredith Corporation
MDP
| $10.8M | ﹤0.01% |
332,652
-278,141
| -46% | -$9.9M |
|
1987
Watts Water Technologies
WTS
$12.8B
| $10.8M | ﹤0.01% |
108,233
+23,494
| +28% | +$2.23M |
|
1988
PUT
Lumentum
LITE
$82.1B
| $10.8M | ﹤0.01% |
136,100
+18,200
| +15% | +$1.19M |
|
1989
Domino's
DPZ
$11.5B
| $10.8M | ﹤0.01% |
36,726
-32,920
| -47% | -$9.07M |
|
|
TIF
1990
CALL
DELISTED
Tiffany & Co.
TIF
| $10.8M | ﹤0.01% |
80,700
-306,800
| -79% | -$36.3M |
|
1991
iShares MSCI World ETF
URTH
$8.39B
| $10.8M | ﹤0.01% |
109,117
-6,573
| -6% | -$626K |
|
1992
SPS Commerce
SPSC
$2.86B
| $10.8M | ﹤0.01% |
194,379
+111,082
| +133% | +$5.91M |
|
1993
CALL
Omnicom Group
OMC
$24B
| $10.8M | ﹤0.01% |
132,800
-37,400
| -22% | -$2.93M |
|
1994
Magnolia Oil & Gas
MGY
$6.22B
| $10.7M | ﹤0.01% |
853,932
+393,065
| +85% | +$4.4M |
|
1995
CALL
Chewy
CHWY
$9.18B
| $10.7M | ﹤0.01% |
370,300
-243,000
| -40% | -$6.22M |
|
|
TWO
1996
Two Harbors Investment
TWO
$1.27B
| $10.7M | ﹤0.01% |
183,628
-290,484
| -61% | -$16.5M |
|
1997
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $10.7M | ﹤0.01% |
329,000
+49,000
| +18% | +$1.46M |
|
1998
CMS Energy
CMS
$22.3B
| $10.7M | ﹤0.01% |
170,619
-1,678,429
| -91% | -$105M |
|
1999
Deluxe
DLX
$1.1B
| $10.7M | ﹤0.01% |
214,753
+205,665
| +2,263% | +$10.2M |
|
|
MRO
2000
CALL
DELISTED
Marathon Oil Corporation
MRO
| $10.7M | ﹤0.01% |
789,000
+384,700
| +95% | +$4.69M |
|
Similar funds
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.