CITADEL ADVISORS LLC

Multistrat pod Low signal CIK 1423053
League rank
#4
in Multistrat pod · #1292 overall
Long book
$138.75B
Q1 2026
Positions
5960
Top-10 weight
12%
concentration
Last quarter
+15.8%
SPY +14.8%
Turnover
39%
of book per quarter

Strategy in plain words

auto-generated from filings

CITADEL ADVISORS LLC is a multi-strategy platform where dozens of independent teams trade, running a $138.75B US long book across 5960 positions.

The portfolio is broadly diversified across 5960 positions (top 10 only 12%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, ISHARES CORE S&P 500 ETF, AMAZON.COM INC, MICRON TECHNOLOGY INC, SS SPDR DOW JONES INDUS AVG.

Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.3%
Q2 2024
+7.4%
Q3 2024
+1.6%
Q4 2024
-3.7%
Q1 2025
+8.9%
Q2 2025
+7.5%
Q3 2025
+3.3%
Q4 2025
-1.7%
Q1 2026
+15.8%

Sector allocation

Technology
24%
Financials
14%
Industrials
13%
Healthcare
12%
Consumer discretionary
9%
Services media
7%
Other
5%
Utilities
5%

Long book by quarter

$101.14B
Q1 2024
$99.10B
Q2 2024
$93.69B
Q3 2024
$106.67B
Q4 2024
$100.82B
Q1 2025
$113.47B
Q2 2025
$122.32B
Q3 2025
$144.99B
Q4 2025
$138.75B
Q1 2026

What does CITADEL ADVISORS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology18.7M$3.26B2.3%-13.4%
AMZN AMAZON.COM INCConsumer discretionary8.1M$1.69B1.2%-42.7%
MU MICRON TECHNOLOGY INCTechnology4.6M$1.55B1.1%+50.6%
AAPL APPLE INCTechnology5.2M$1.32B1.0%-5.6%
META META PLATFORMS INC-CLASS ATechnology1.8M$1.05B0.8%+128.6%
AVGO BROADCOM INCTechnology3.3M$1.01B0.7%-15.6%
MSFT MICROSOFT CORPTechnology2.6M$976.6M0.7%-19.2%
GOOGL ALPHABET INC-CL ATechnology2.8M$816.7M0.6%-2.7%
WBD WARNER BROS DISCOVERY INCCommunications29.4M$806.8M0.6%+149.4%
TSLA TESLA INCIndustrials2.1M$777.8M0.6%+134.8%
NSC NORFOLK SOUTHERN CORPIndustrials2.6M$752.0M0.5%+3.2%
JPM JPMORGAN CHASE & COFinancials2.4M$715.4M0.5%+87.0%
GOOG ALPHABET INC-CL CTechnology2.4M$689.6M0.5%+4.0%
BLK BLACKROCK INCFinancials703.1K$676.2M0.5%+74.1%
ISRG INTUITIVE SURGICAL INCHealthcare1.4M$625.1M0.5%+30.3%
EA ELECTRONIC ARTS INCTechnology2.9M$593.3M0.4%+202.9%
MAR MARRIOTT INTERNATIONAL -CL AServices media1.8M$572.8M0.4%+3.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.2M$571.9M0.4%+14.0%
MA MASTERCARD INC - AServices media1.1M$562.5M0.4%+516.1%
STZ CONSTELLATION BRANDS INC-AConsumer staples3.7M$556.4M0.4%+376.8%
GILD GILEAD SCIENCES INCHealthcare4.0M$555.0M0.4%+2.4%
GE GENERAL ELECTRICIndustrials2.0M$554.2M0.4%+50.3%
COST COSTCO WHOLESALE CORPConsumer discretionary544.8K$542.9M0.4%-11.4%
TMUS T-MOBILE US INCCommunications2.5M$527.6M0.4%+141.8%
C CITIGROUP INCFinancials4.5M$515.5M0.4%+34.1%
WCN WASTE CONNECTIONS INCUtilities3.1M$505.8M0.4%+200.9%
CAH CARDINAL HEALTH INCConsumer discretionary2.3M$492.8M0.4%+24.3%
KO COCA-COLA CO/THEConsumer staples6.4M$490.4M0.4%+50.7%
ROST ROSS STORES INCConsumer discretionary2.2M$481.9M0.3%-20.8%
HD HOME DEPOT INCConsumer discretionary1.5M$481.7M0.3%-16.3%
JNJ JOHNSON & JOHNSONHealthcare1.9M$472.0M0.3%+146.0%
MS MORGAN STANLEYFinancials2.9M$471.5M0.3%-44.5%
MRK MERCK & CO. INC.Healthcare3.8M$459.7M0.3%-44.0%
ELV ELEVANCE HEALTH INCFinancials1.6M$457.3M0.3%-6.3%
LMT LOCKHEED MARTIN CORPIndustrials749.2K$452.8M0.3%+59.9%
PH PARKER HANNIFIN CORPIndustrials503.5K$450.8M0.3%+6.1%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary4.9M$447.8M0.3%-0.2%
YUM YUM! BRANDS INCConsumer discretionary2.9M$443.9M0.3%+321.2%
AMAT APPLIED MATERIALS INCTechnology1.3M$441.1M0.3%-47.9%
TMO THERMO FISHER SCIENTIFIC INCOther864.5K$424.9M0.3%+25.2%
UNH UNITEDHEALTH GROUP INCFinancials1.5M$417.3M0.3%-47.3%
MSCI MSCI INCServices media755.0K$407.0M0.3%+51.9%
FDX FEDEX CORPIndustrials1.1M$406.2M0.3%+412.8%
NET CLOUDFLARE INC - CLASS ATechnology1.9M$400.5M0.3%+444.3%
SPOT SPOTIFY TECHNOLOGY SACommunications809.0K$392.3M0.3%+40.2%
CVS CVS HEALTH CORPHealthcare5.4M$389.8M0.3%+50.7%
SNDK SANDISK CORPTechnology607.8K$386.2M0.3%+50.7%
L LOEWS CORPFinancials3.6M$381.9M0.3%+0.8%
ABNB AIRBNB INC-CLASS AServices media3.0M$381.3M0.3%+63.7%
BKNG BOOKING HOLDINGS INCIndustrials90.1K$379.5M0.3%+52.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202615589$618.47B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202615403$665.87B canonicalSEC ↗
Q3 202513F-HRNov 14, 202515551$657.15B canonicalSEC ↗
Q2 202513F-HRAug 14, 202515124$575.96B canonicalSEC ↗
Q1 202513F-HRMay 15, 202517161$527.32B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202517346$577.87B canonicalSEC ↗
Q3 202413F-HRNov 14, 202416902$518.30B canonicalSEC ↗
Q2 202413F-HRAug 14, 202417024$494.03B canonicalSEC ↗
Q1 202413F-HRMay 15, 202417980$518.50B canonicalSEC ↗