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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.04B |
| 2 |
Meta Platforms (Facebook)
META
|
+$742M |
| 3 |
Wells Fargo
WFC
|
+$363M |
| 4 |
Salesforce
CRM
|
+$310M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$869M |
| 2 |
Apple
AAPL
|
+$693M |
| 3 |
PPLI
People Inc
PPLI
|
+$488M |
| 4 |
Expedia Group
EXPE
|
+$409M |
| 5 |
Charter Communications
CHTR
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Healthcare | 2.64% |
| 3 | Financials | 2.22% |
| 4 | Consumer Discretionary | 2.1% |
| 5 | Industrials | 1.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$807B
| $23.8B | 6.75% |
71,083,000
+1,885,200
| +3% | +$625M |
|
|
2
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$807B
| $20.1B | 5.71% |
60,105,900
-3,081,000
| -5% | -$1.02B |
|
|
3
CALL
Amazon
AMZN
$2.94T
| $18.9B | 5.37% |
120,272,000
+56,798,000
| +89% | +$8.95B |
|
4
CALL
Tesla
TSLA
$1.31T
| $13.3B | 3.76% |
92,793,900
-19,307,100
| -17% | -$2.28B |
|
|
5
PUT
Amazon
AMZN
$2.94T
| $13B | 3.68% |
82,326,000
+9,994,000
| +14% | +$1.58B |
|
|
6
PUT
Tesla
TSLA
$1.31T
| $12.5B | 3.55% |
87,518,400
-8,840,100
| -9% | -$1.04B |
|
|
7
PUT
Invesco QQQ Trust
QQQ
$478B
| $6.93B | 1.96% |
24,929,400
+5,463,600
| +28% | +$1.48B |
|
|
8
CALL
Apple
AAPL
$4.45T
| $6.92B | 1.96% |
59,742,200
+17,760,600
| +42% | +$1.94B |
|
|
9
CALL
Invesco QQQ Trust
QQQ
$478B
| $6.37B | 1.81% |
22,938,800
+8,441,200
| +58% | +$2.29B |
|
10
CALL
SPDR Gold Trust
GLD
$143B
| $4.53B | 1.29% |
25,588,300
+3,601,300
| +16% | +$647M |
|
|
11
PUT
Apple
AAPL
$4.45T
| $4.25B | 1.21% |
36,705,800
-6,319,800
| -15% | -$690M |
|
|
12
CALL
Meta Platforms (Facebook)
META
$1.53T
| $3.17B | 0.9% |
12,114,200
+3,813,100
| +46% | +$983M |
|
13
CALL
Alphabet (Google) Class C
GOOG
$4.19T
| $2.96B | 0.84% |
40,338,000
+26,034,000
| +182% | +$1.99B |
|
|
14
PUT
SPDR Gold Trust
GLD
$143B
| $2.82B | 0.8% |
15,896,900
+2,632,100
| +20% | +$473M |
|
15
PUT
iShares Russell 2000 ETF
IWM
$81.8B
| $2.77B | 0.79% |
18,486,000
-160,100
| -0.9% | -$24.1M |
|
16
CALL
Netflix
NFLX
$311B
| $2.73B | 0.78% |
54,678,000
+28,741,000
| +111% | +$1.43B |
|
17
PUT
NVIDIA
NVDA
$5.27T
| $2.5B | 0.71% |
185,128,000
+67,944,000
| +58% | +$791M |
|
|
18
CALL
NVIDIA
NVDA
$5.27T
| $2.39B | 0.68% |
176,384,000
+37,892,000
| +27% | +$441M |
|
|
19
CALL
Alphabet (Google) Class A
GOOGL
$4.2T
| $2.35B | 0.67% |
32,074,000
+10,268,000
| +47% | +$782M |
|
20
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $2.29B | 0.65% |
27,296,800
+4,131,800
| +18% | +$348M |
|
21
CALL
Alibaba
BABA
$306B
| $2.19B | 0.62% |
7,465,300
+1,054,800
| +16% | +$278M |
|
|
22
PUT
Meta Platforms (Facebook)
META
$1.53T
| $2.17B | 0.62% |
8,295,900
+1,885,800
| +29% | +$486M |
|
|
23
CALL
iShares Russell 2000 ETF
IWM
$81.8B
| $2.17B | 0.62% |
14,481,300
-2,790,800
| -16% | -$420M |
|
24
CALL
Microsoft
MSFT
$3.74T
| $2.1B | 0.6% |
9,987,300
+2,420,100
| +32% | +$508M |
|
|
25
PUT
Netflix
NFLX
$311B
| $1.93B | 0.55% |
38,515,000
+13,369,000
| +53% | +$665M |
|
Similar funds
Ken Griffin's Q3 2020 Portfolio in Review
As of Q3 2020, Ken Griffin held 11,253 positions worth $353B, up 26% from $280B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Ken Griffin deployed $24.6B of net new capital in Q3 2020, opening 1,597 new positions and adding to 4,071 existing holdings. Its largest new stake was iShares MSCI EAFE ETF: 4,016,602 shares worth $256M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.3% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Amazon, an estimated $869M trimmed.
- Ken Griffin's largest Q3 2020 buy was iShares MSCI EAFE ETF: 4,016,602 shares worth $256M.
- Ken Griffin added most to State Street SPDR S&P 500 ETF Trust in Q3 2020, an estimated $1.04B increase.
- Ken Griffin's biggest Q3 2020 reduction was Amazon, cutting an estimated $869M.
- Ken Griffin fully exited Intel in Q3 2020, selling an estimated $249M.
- Ken Griffin's ten largest holdings make up 36% of its $353B portfolio in Q3 2020.
- Ken Griffin opened 1,597 new positions and closed 1,264 in Q3 2020.
- Ken Griffin's portfolio value rose 26% quarter-over-quarter to $353B.
Based on Citadel Advisors's 13F filing for Q3 2020, filed 16 Nov 2020.