13F filer · CIK 1423053 ↗
Citadel
You are looking at Q1 2023. See the latest, Q2 2026 →
Reported value
$454.69B
+6.2% on the quarter before
Positions
14,625
1,564 new · 1,752 sold out
Top 10
33.3%
of the value
Est. gain
+$1.85B
on stocks held all quarter
Est. return
+3.8%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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, 44% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2022. Striped tiles are options.
Largest buys
Since Q4 2022, 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~$8.72BAdded · 7.6% → 9.6%+21,311,900 underlying
- Invesco Qqq TrCALL~$5.04BAdded · 2.5% → 3.9%+15,713,800 underlying
- Invesco Qqq TrPUT~$4.75BAdded · 2.3% → 3.7%+14,807,100 underlying
- Ishares TrPUT~$1.59BAdded · 1.4% → 1.7%+8,934,500 underlying
- Ishares TrPUT~$1.57BAdded · 0.6% → 1.0%+20,820,100 underlying
- Ishares TrCALL~$1.45BAdded · 0.9% → 1.2%+8,147,800 underlying
- Invesco Qqq Tr~$701.5MAdded · 0.0% → 0.2%+2,185,750 shares
- T-Mobile Us Inc~$639.7MAdded · 0.0% → 0.2%+4,416,305 shares
- AT&T~$521.0MAdded · 0.0% → 0.1%+27,062,684 shares
- Humana Inc~$472.7MAdded · 0.0% → 0.1%+973,754 shares
Largest sells
Since Q4 2022, 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~$6.42BCut · 7.2% → 5.8%−15,687,500 underlying
- TeslaPUT~$2.06BCut · 1.4% → 1.8%−9,926,800 underlying
- AmazonCALL~$1.98BCut · 1.1% → 0.8%−19,155,200 underlying
- MicrosoftCALL~$1.43BCut · 1.3% → 1.1%−4,974,900 underlying
- NetflixCALL~$1.33BCut · 0.6% → 0.4%−3,862,500 underlying
- Booking Holdings IncPUT~$1.02BCut · 0.5% → 0.3%−383,100 underlying
- NetflixPUT~$1.01BCut · 0.6% → 0.5%−2,912,900 underlying
- SPDR Dow Jones Indl AverageCALL~$1.00BCut · 0.3% → 0.1%−3,007,800 underlying
- MetaCALL~$956.1MCut · 0.7% → 0.9%−4,511,000 underlying
- Meta~$879.9MCut · 0.2% → 0.2%−4,151,675 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TrPUTTR UNIT · shares +25% | 9.6% | $43.56B | ||||||||
| SPDR S&P 500 ETF TrCALLTR UNIT · shares −20% | 5.8% | $26.36B | ||||||||
| Invesco Qqq TrCALLUNIT SER 1 · shares +39% | 3.9% | $17.86B | ||||||||
| Invesco Qqq TrPUTUNIT SER 1 · shares +39% | 3.7% | $16.82B | ||||||||
| TeslaCALLCOM · shares −5.2% | 3.1% | $14.15B | ||||||||
| TeslaPUTCOM · shares −20% | 1.8% | $8.09B | ||||||||
| Ishares TrPUTRUSSELL 2000 ETF · shares +26% | 1.7% | $7.62B | ||||||||
| AppleCALLCOM · shares −6.9% | 1.3% | $5.99B | ||||||||
| Ishares TrCALLRUSSELL 2000 ETF · shares +35% | 1.2% | $5.61B | ||||||||
| ApplePUTCOM · shares −8.1% | 1.1% | $5.12B | ||||||||
| MicrosoftCALLCOM · shares −22% | 1.1% | $5.07B | ||||||||
| NvidiaPUTCOM · shares +1.6% | 1.1% | $5.00B | ||||||||
| NvidiaCALLCOM · shares −5.2% | 1.0% | $4.74B | ||||||||
| MicrosoftPUTCOM · shares +8.6% | 1.0% | $4.66B | ||||||||
| Ishares TrPUTIBOXX HI YD ETF · shares +56% | 0.97% | $4.40B | ||||||||
| MetaCALLCL A · shares −18% | 0.94% | $4.27B | ||||||||
| AmazonCALLCOM · shares −35% | 0.82% | $3.71B | ||||||||
| MetaPUTCL A · shares −17% | 0.60% | $2.73B | ||||||||
| AmazonPUTCOM · shares −23% | 0.59% | $2.69B | ||||||||
| AlphabetCALLCAP STK CL A · shares −12% | 0.56% | $2.53B | ||||||||
| AlphabetPUTCAP STK CL A · shares +13% | 0.50% | $2.26B | ||||||||
| NetflixPUTCOM · shares −31% | 0.49% | $2.24B | ||||||||
| AlphabetCALLCAP STK CL C · shares −11% | 0.49% | $2.23B | ||||||||
| AlphabetPUTCAP STK CL C · shares −6.9% | 0.47% | $2.14B | ||||||||
| NetflixCALLCOM · shares −42% | 0.40% | $1.81B | ||||||||
| Total · 14,625 positions | 100% | $454.69B |
What made money
From Q4 2022 to Q1 2023: 4,769 stocks held throughout, up $1.85B (+3.8%).
- Meta+$356.1M+76%
- Nvidia+$250.8M+90%
- Palo Alto Networks+$156.9M+43%
- Adobe+$76.9M+15%
- Microsoft+$66.2M+20%
- Webster Finl Corp−$29.0M−17%
- Western Alliance Bancorp−$31.5M−40%
- Comerica Inc−$40.4M−35%
- The Cigna Group−$73.9M−23%
- Tesla1:18 split−$839.6M−91%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 36 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 ↗ |