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
|
+$1.68B |
| 2 |
Synchrony
SYF
|
+$441M |
| 3 |
Meta Platforms (Facebook)
META
|
+$370M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$349M |
| 5 |
Comcast
CMCSA
|
+$338M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$783M |
| 2 |
Morgan Stanley
MS
|
+$518M |
| 3 |
Lowe's Companies
LOW
|
+$474M |
| 4 |
Visa
V
|
+$425M |
| 5 |
Netflix
NFLX
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 4.99% |
| 2 | Technology | 4.47% |
| 3 | Consumer Discretionary | 3.8% |
| 4 | Industrials | 3.78% |
| 5 | Healthcare | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Incyte
INCY
$24.3B
| $144M | 0.08% |
2,270,095
+656,388
| +41% | +$42.6M |
|
202
Alphabet (Google) Class C
GOOG
$4.19T
| $144M | 0.08% |
2,777,460
+835,220
| +43% | +$44.7M |
|
203
Flex
FLEX
$47.9B
| $144M | 0.08% |
25,032,651
+8,126,339
| +48% | +$56.8M |
|
204
PUT
Berkshire Hathaway Class B
BRK.B
$1.1T
| $143M | 0.08% |
702,700
+80,700
| +13% | +$16.9M |
|
205
Northern Trust
NTRS
$34.5B
| $143M | 0.08% |
1,712,491
-201,142
| -11% | -$18.9M |
|
206
Canadian Pacific Kansas City
CP
$81.1B
| $143M | 0.08% |
4,024,255
+110,785
| +3% | +$4.43M |
|
|
TWTR
207
CALL
DELISTED
Twitter, Inc.
TWTR
| $143M | 0.08% |
4,962,600
+150,600
| +3% | +$4.72M |
|
208
Yum! Brands
YUM
$39.7B
| $142M | 0.08% |
1,550,245
+1,403,652
| +958% | +$125M |
|
209
KLA
KLAC
$271B
| $142M | 0.08% |
15,876,200
-536,260
| -3% | -$4.99M |
|
|
MRO
210
DELISTED
Marathon Oil Corporation
MRO
| $142M | 0.08% |
9,892,334
-7,765,611
| -44% | -$139M |
|
211
CALL
Home Depot
HD
$349B
| $142M | 0.08% |
824,900
-75,100
| -8% | -$13.5M |
|
212
Tractor Supply
TSCO
$18.4B
| $142M | 0.08% |
8,487,610
-5,120,175
| -38% | -$91.8M |
|
213
CALL
AbbVie
ABBV
$439B
| $142M | 0.08% |
1,535,100
+113,200
| +8% | +$9.95M |
|
214
PUT
ExxonMobil
XOM
$652B
| $141M | 0.08% |
2,070,100
-235,100
| -10% | -$18.4M |
|
215
Cboe Global Markets
CBOE
$29.7B
| $141M | 0.08% |
1,442,045
+736,032
| +104% | +$76.6M |
|
216
Boston Scientific
BSX
$73B
| $141M | 0.08% |
3,987,295
-4,179,487
| -51% | -$152M |
|
217
PUT
UnitedHealth
UNH
$364B
| $141M | 0.08% |
564,900
+196,200
| +53% | +$51.8M |
|
218
Merck
MRK
$324B
| $140M | 0.08% |
1,921,928
-3,490,915
| -64% | -$246M |
|
|
VXX
219
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $140M | 0.08% |
2,977,000
-797,100
| -21% | -$29.5M |
|
220
Salesforce
CRM
$158B
| $138M | 0.08% |
1,010,129
-1,178,392
| -54% | -$162M |
|
221
PUT
Bristol-Myers Squibb
BMY
$130B
| $138M | 0.08% |
2,647,500
-254,100
| -9% | -$13.7M |
|
222
CALL
United Airlines
UAL
$41B
| $137M | 0.08% |
1,641,000
-319,400
| -16% | -$28.1M |
|
223
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.5B
| $137M | 0.08% |
1,910,800
+658,000
| +53% | +$53M |
|
|
SNV
224
DELISTED
Synovus
SNV
| $137M | 0.08% |
4,283,432
+2,480,095
| +138% | +$93.5M |
|
|
225
PUT
Salesforce
CRM
$158B
| $137M | 0.08% |
1,000,000
-186,000
| -16% | -$25.6M |
|
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Ken Griffin's Q4 2018 Portfolio in Review
As of Q4 2018, Ken Griffin held 10,385 positions worth $183B, down 19% from $224B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Griffin withdrew a net $8B in Q4 2018, closing 1,371 positions and reducing 3,800 holdings. Its most notable exit was Aetna Inc, an estimated $783M position sold in full.
By sector, the portfolio is most concentrated in Financials at 5% of assets, down from 5.9% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Ken Griffin opened a new position in Assurant worth $99.4M.
- Ken Griffin's largest Q4 2018 buy was Assurant: 1,111,342 shares worth $99.4M.
- Ken Griffin added most to Amazon in Q4 2018, an estimated $1.68B increase.
- Ken Griffin's biggest Q4 2018 reduction was Morgan Stanley, cutting an estimated $518M.
- Ken Griffin fully exited Aetna Inc in Q4 2018, selling an estimated $783M.
- Ken Griffin's ten largest holdings make up 24% of its $183B portfolio in Q4 2018.
- Ken Griffin opened 1,237 new positions and closed 1,371 in Q4 2018.
- Ken Griffin's portfolio value fell 19% quarter-over-quarter to $183B.
Based on Citadel Advisors's 13F filing for Q4 2018, filed 14 Feb 2019.