13F filer · CIK 1423053 ↗
Citadel
You are looking at Q4 2019. See the latest, Q2 2026 →
Reported value
$230.47B
+8.7% on the quarter before
Positions
9,025
1,294 new · 1,349 sold out
Top 10
23.0%
of the value
Est. gain
+$3.69B
on stocks held all quarter
Est. return
+8.2%
on those stocks since Q3 2019
Positions as of Dec 31, 2019, from Citadel's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 31% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2019. Striped tiles are options.
Largest buys
Since Q3 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrPUT~$6.84BAdded · 5.5% → 8.4%+21,251,500 underlying
- Amazon~$642.4MAdded · 0.2% → 0.5%+347,666 shares
- Uber~$552.5MAdded · 0.0% → 0.2%+18,576,429 shares
- Invesco Qqq TrPUT~$512.3MAdded · 1.0% → 1.3%+2,409,400 underlying
- Expedia Group Inc~$482.1MAdded · 0.0% → 0.2%+4,457,679 shares
- PayPal~$468.7MAdded · 0.0% → 0.2%+4,332,738 shares
- Eaton Corp Plc~$435.6MAdded · 0.0% → 0.2%+4,599,110 shares
- TeslaCALL~$415.9MAdded · 0.4% → 0.8%+994,300 underlying
- Baxter Intl Inc~$377.2MAdded · 0.0% → 0.2%+4,511,252 shares
- Nvidia~$335.8MAdded · 0.0% → 0.2%+1,427,121 shares
Largest sells
Since Q3 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrCALL~$1.47BCut · 3.1% → 2.5%−4,553,700 underlying
- Celgene Corp~$680.6MSold out · 0.3% → 0.0%−6,854,309 shares
- ApplePUT~$622.5MCut · 1.3% → 1.3%−2,119,800 underlying
- Raytheon Co~$564.9MCut · 0.2% → 0.0%−2,570,503 shares
- Alphabet~$557.7MCut · 0.2% → 0.0%−416,387 shares
- AppleCALL~$550.7MCut · 1.5% → 1.6%−1,875,300 underlying
- MetaCALL~$550.5MCut · 0.9% → 0.7%−2,682,300 underlying
- Charter Communications Inc N~$497.1MCut · 0.2% → 0.0%−1,024,798 shares
- SPDR Gold Trust~$474.9MCut · 0.2% → 0.0%−3,323,270 shares
- SPDR Gold TrustPUT~$461.0MCut · 0.6% → 0.4%−3,226,000 underlying
Holdings
As of Dec 31, 2019. Changes are in shares against Sep 30, 2019, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TrPUTCmn · shares +54% | 8.4% | $19.42B | — | ||||||||
| AmazonPUTCmn · shares +1.8% | 3.1% | $7.20B | — | ||||||||
| SPDR S&P 500 ETF TrCALLCmn · shares −20% | 2.5% | $5.74B | — | ||||||||
| AmazonCALLCmn · shares −1.4% | 2.3% | $5.35B | — | ||||||||
| AppleCALLCmn · shares −13% | 1.6% | $3.66B | — | ||||||||
| Invesco Qqq TrPUTCmn · shares +21% | 1.3% | $3.00B | — | ||||||||
| ApplePUTCmn · shares −18% | 1.3% | $2.89B | — | ||||||||
| TeslaPUTCmn · shares −13% | 0.88% | $2.03B | — | ||||||||
| TeslaCALLCmn · shares +27% | 0.85% | $1.95B | — | ||||||||
| Invesco Qqq TrCALLCmn · shares +1.2% | 0.81% | $1.86B | — | ||||||||
| AlphabetCALLCmn · shares +7.0% | 0.71% | $1.65B | — | ||||||||
| MetaCALLCmn · shares −25% | 0.70% | $1.61B | — | ||||||||
| Ishares TrPUTCmn · shares +4.0% | 0.70% | $1.60B | — | ||||||||
| Booking Hldgs IncPUTCmn · shares +19% | 0.66% | $1.52B | — | ||||||||
| SPDR Gold TrustCALLCmn · shares +11% | 0.65% | $1.51B | — | ||||||||
| AlibabaCALLDepository Receipt · shares −2.6% | 0.63% | $1.46B | — | ||||||||
| MetaPUTCmn · shares −19% | 0.58% | $1.34B | — | ||||||||
| AlphabetPUTCmn · shares +10.0% | 0.57% | $1.31B | — | ||||||||
| Ishares TrPUTCmn · shares −14% | 0.53% | $1.22B | — | ||||||||
| NetflixCALLCmn · shares +3.0% | 0.53% | $1.22B | — | ||||||||
| AlibabaPUTDepository Receipt · shares −2.5% | 0.51% | $1.17B | — | ||||||||
| AmazonCmn · shares +131% · price +6.4% | 0.49% | $1.13B | +$29.8M | ||||||||
| NetflixPUTCmn · shares −0.6% | 0.49% | $1.13B | — | ||||||||
| AlphabetPUTCmn · shares +19% | 0.48% | $1.11B | — | ||||||||
| AlphabetCALLCmn · shares +9.5% | 0.47% | $1.07B | — | ||||||||
| Total · 9,025 positions | 100% | $230.47B | +$3.69B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2019 to Q4 2019: 3,590 stocks held throughout, up $3.69B (+8.2%).
- United Technologies Corp+$61.4M+10%
- Citigroup Inc+$53.8M+16%
- Cigna Corp New+$53.1M+35%
- Micron+$47.1M+26%
- General Electric Co+$45.6M+25%
- Cyrusone Inc−$20.6M−17%
- CenterPoint Energy−$29.5M−10%
- L3harris Technologies Inc−$29.9M−5%
- Intelsat S A−$32.6M−69%
- Tesla1:5 split−$48.1M−65%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 18 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Sep 1, 2026 (amended) | $875.01B+41% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $618.47B−7% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $665.87B+1% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $657.15B+14% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $575.96B+9% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $527.32B−9% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $577.87B+11% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $518.30B+5% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $494.03B−5% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $518.50B+4% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $500.32B+7% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $466.50B−4% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $483.74B+6% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $454.69B+6% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $428.09B−2% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $438.75B+13% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $389.71B−20% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $484.45B−1% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $489.37B+2% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 (amended) | $481.37B+8% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $446.72B+10% | SEC ↗ |
| Q1 2021 | May 21, 2021 (amended) | $407.63B+6% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $384.60B+9% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $352.52B+26% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $280.43B+26% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $222.48B−3% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $230.47B+9% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $212.04B−3% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 (amended) | $218.11B+8% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $201.07B+10% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 (amended) | $182.73B−19% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 (amended) | $224.25B+11% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 (amended) | $202.27B+11% | SEC ↗ |
| Q1 2018 | May 14, 2018 (amended) | $181.79B+11% | SEC ↗ |
| Q4 2017 | Feb 9, 2018 | $164.31B+26% | SEC ↗ |
| Q3 2017 | Nov 9, 2017 | $130.27B+10% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $118.02B+8% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $109.43B+11% | SEC ↗ |
| Q4 2016 | Feb 10, 2017 | $99.01B−1% | SEC ↗ |
| Q3 2016 | Jan 31, 2017 (amended) | $99.54B+11% | SEC ↗ |
| Q2 2016 | Jan 31, 2017 (amended) | $89.73B+13% | SEC ↗ |
| Q1 2016 | Jan 31, 2017 (amended) | $79.25B | SEC ↗ |