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 |
Morgan Stanley
MS
|
+$798M |
| 2 |
AT&T
T
|
+$527M |
| 3 |
Microchip Technology
MCHP
|
+$472M |
| 4 |
Netflix
NFLX
|
+$446M |
| 5 |
PNC Financial Services
PNC
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$694M |
| 2 |
KeyCorp
KEY
|
+$401M |
| 3 |
Deere & Co
DE
|
+$322M |
| 4 |
CSX Corp
CSX
|
+$318M |
| 5 |
NXP Semiconductors
NXPI
|
+$314M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 5.93% |
| 2 | Technology | 4.66% |
| 3 | Healthcare | 4.45% |
| 4 | Industrials | 4.14% |
| 5 | Consumer Discretionary | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
LPL Financial
LPLA
$29.2B
| $7.25M | ﹤0.01% |
+112,322
| New | +$7.45M |
|
2402
PUT
WIX.com
WIX
$3.1B
| $7.24M | ﹤0.01% |
60,500
-28,900
| -32% | -$3.09M |
|
2403
Carpenter Technology
CRS
$27B
| $7.24M | ﹤0.01% |
122,800
-31,899
| -21% | -$1.83M |
|
2404
PUT
Children's Place
PLCE
$54.3M
| $7.23M | ﹤0.01% |
56,600
-3,700
| -6% | -$473K |
|
|
STL
2405
DELISTED
Sterling Bancorp
STL
| $7.23M | ﹤0.01% |
328,577
+276,162
| +527% | +$6.29M |
|
|
MMP
2406
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $7.23M | ﹤0.01% |
106,700
+26,100
| +32% | +$1.81M |
|
2407
CALL
AerCap
AER
$24B
| $7.22M | ﹤0.01% |
125,600
+32,000
| +34% | +$1.81M |
|
2408
PUT
Check Point Software Technologies
CHKP
$13.4B
| $7.22M | ﹤0.01% |
61,400
-9,800
| -14% | -$1.11M |
|
2409
Barings BDC
BBDC
$975M
| $7.19M | ﹤0.01% |
718,652
-942,451
| -57% | -$10.3M |
|
2410
PUT
Huntsman Corp
HUN
$1.81B
| $7.19M | ﹤0.01% |
263,900
+95,100
| +56% | +$2.9M |
|
|
ICPT
2411
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $7.18M | ﹤0.01% |
56,843
-556,378
| -91% | -$58.9M |
|
2412
CALL
Hain Celestial
HAIN
$52.4M
| $7.18M | ﹤0.01% |
264,700
-476,900
| -64% | -$13.6M |
|
2413
Lithia Motors
LAD
$8.3B
| $7.17M | ﹤0.01% |
+87,734
| New | +$7.73M |
|
2414
Zillow
ZG
$7.91B
| $7.17M | ﹤0.01% |
162,104
+140,539
| +652% | +$7.35M |
|
|
AMTD
2415
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $7.16M | ﹤0.01% |
135,600
+36,600
| +37% | +$2.08M |
|
|
AKS
2416
CALL
DELISTED
AK Steel Holding Corp
AKS
| $7.14M | ﹤0.01% |
1,457,300
+511,300
| +54% | +$2.34M |
|
|
SODA
2417
CALL
DELISTED
SodaStream International Ltd
SODA
| $7.14M | ﹤0.01% |
49,900
-15,700
| -24% | -$1.89M |
|
2418
CALL
Cracker Barrel
CBRL
$1.29B
| $7.14M | ﹤0.01% |
48,500
-33,600
| -41% | -$5.03M |
|
|
SNR
2419
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $7.14M | ﹤0.01% |
1,209,468
-75,097
| -6% | -$497K |
|
2420
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $7.13M | ﹤0.01% |
56,400
+19,100
| +51% | +$2.41M |
|
|
ACIA
2421
PUT
DELISTED
Acacia Communications Inc
ACIA
| $7.12M | ﹤0.01% |
172,200
+46,500
| +37% | +$1.74M |
|
2422
Smith & Wesson
SWBI
$643M
| $7.11M | ﹤0.01% |
595,504
+331,800
| +126% | +$3M |
|
2423
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $7.11M | ﹤0.01% |
184,900
-214,400
| -54% | -$8.57M |
|
2424
Medifast
MED
$128M
| $7.1M | ﹤0.01% |
32,057
+9,015
| +39% | +$1.83M |
|
2425
Bread Financial
BFH
$4.58B
| $7.09M | ﹤0.01% |
37,624
-222,851
| -86% | -$42M |
|
Similar funds
Ken Griffin's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Griffin held 10,190 positions worth $224B, up 10% from $203B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Ken Griffin deployed $7.48B of net new capital in Q3 2018, opening 1,427 new positions and adding to 4,227 existing holdings. Its largest new stake was Alibaba: 1,030,311 shares worth $170M.
By sector, the portfolio is most concentrated in Financials at 5.9% of assets, down from 6.2% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $694M trimmed.
- Ken Griffin's largest Q3 2018 buy was Alibaba: 1,030,311 shares worth $170M.
- Ken Griffin added most to Morgan Stanley in Q3 2018, an estimated $798M increase.
- Ken Griffin's biggest Q3 2018 reduction was Goldman Sachs, cutting an estimated $694M.
- Ken Griffin fully exited XL Group Ltd. in Q3 2018, selling an estimated $207M.
- Ken Griffin's ten largest holdings make up 25% of its $224B portfolio in Q3 2018.
- Ken Griffin opened 1,427 new positions and closed 1,043 in Q3 2018.
- Ken Griffin's portfolio value rose 10% quarter-over-quarter to $224B.
Based on Citadel Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.