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 | |
|---|---|---|---|---|---|---|
2376
PUT
Tenet Healthcare
THC
$21.6B
| $7.8M | ﹤0.01% |
352,800
+52,000
| +17% | +$1.11M |
|
|
DO
2377
DELISTED
Diamond Offshore Drilling
DO
| $7.8M | ﹤0.01% |
1,403,122
+1,086,753
| +344% | +$7.94M |
|
2378
CALL
Copart
CPRT
$29.3B
| $7.8M | ﹤0.01% |
388,400
+188,400
| +94% | +$3.66M |
|
2379
Zoom
ZM
$31.1B
| $7.8M | ﹤0.01% |
102,307
-263,863
| -72% | -$23.8M |
|
|
PETQ
2380
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $7.79M | ﹤0.01% |
+285,711
| New | +$9.04M |
|
2381
PUT
Air Products & Chemicals
APD
$68.8B
| $7.79M | ﹤0.01% |
35,100
+500
| +1% | +$112K |
|
2382
iShares US Healthcare Providers ETF
IHF
$1.27B
| $7.79M | ﹤0.01% |
+240,785
| New | +$8.28M |
|
2383
CALL
Cleveland-Cliffs
CLF
$6.79B
| $7.78M | ﹤0.01% |
1,077,200
+356,600
| +49% | +$3.21M |
|
2384
PUT
Under Armour
UAA
$2.3B
| $7.78M | ﹤0.01% |
389,900
-155,400
| -28% | -$3.43M |
|
2385
CALL
Quest Diagnostics
DGX
$25.9B
| $7.77M | ﹤0.01% |
72,600
+9,000
| +14% | +$924K |
|
|
MRSH
2386
Marsh
MRSH
$89.6B
| $7.77M | ﹤0.01% |
77,648
-874,922
| -92% | -$87.5M |
|
2387
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$98.2M
| $7.76M | ﹤0.01% |
115,000
-33,800
| -23% | -$2.32M |
|
|
TVRD
2388
Tvardi Therapeutics
TVRD
$25.3M
| $7.76M | ﹤0.01% |
11,795
+2,647
| +29% | +$2.2M |
|
2389
CALL
KeyCorp
KEY
$25B
| $7.75M | ﹤0.01% |
434,600
-75,600
| -15% | -$1.31M |
|
2390
Coeur Mining
CDE
$19.3B
| $7.74M | ﹤0.01% |
1,610,162
+1,250,949
| +348% | +$6.2M |
|
|
HTO
2391
H2O America
HTO
$2.67B
| $7.73M | ﹤0.01% |
113,234
-10,907
| -9% | -$716K |
|
2392
Hubbell
HUBB
$27B
| $7.72M | ﹤0.01% |
58,776
+28,327
| +93% | +$3.65M |
|
2393
Scorpio Tankers
STNG
$3.98B
| $7.71M | ﹤0.01% |
259,249
+113,455
| +78% | +$3.12M |
|
2394
ProShares UltraPro Short QQQ
SQQQ
$1.68B
| $7.71M | ﹤0.01% |
379
-38
| -9% | -$785K |
|
|
TWOU
2395
DELISTED
2U Inc
TWOU
| $7.7M | ﹤0.01% |
+15,762
| New | +$11.3M |
|
2396
H.B. Fuller
FUL
$3.38B
| $7.69M | ﹤0.01% |
165,105
-11,033
| -6% | -$504K |
|
2397
Dycom Industries
DY
$12.6B
| $7.68M | ﹤0.01% |
150,493
+146,041
| +3,280% | +$7.37M |
|
2398
CALL
DXC Technology
DXC
$1.72B
| $7.67M | ﹤0.01% |
260,100
+52,700
| +25% | +$2.25M |
|
|
ORTX
2399
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $7.67M | ﹤0.01% |
+64,586
| New | +$9.01M |
|
2400
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $7.66M | ﹤0.01% |
173,800
-49,500
| -22% | -$2.08M |
|
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.