DOSSIER · 13F-HR · Q4 2025

CITADEL ADVISORS LLC

CITADEL's hedge fund based in Chicago, IL $665.9B in tracked AUM across 15,403 positions as of Q4 2025.

C
CITADEL·Chicago, IL·Hedge Fund
CIK 0001423053 · last filed Dec 31, 2025
Total AUM
$665.9B
2.9%
vs prior
Holdings
15,403
positions
Whale Score
69
69
tracked
Activity
no data
changes this Q
Top sector
Tech
11% weight
concentration
AI Analysis · Q4 2025 · Q4 2025

Citadel Advisors' Q4 2025 13F long book totals $665.9 billion, up from $657.1B the prior quarter — but the composition reflects a multi-strategy hedge fund's hedging and overlay activity as much as directional conviction. The top of the book is index-heavy: the SPDR S&P 500 ETF (SPY) at 5.93% and Invesco QQQ at 5.45% lead, with Tesla an outsized 5.18% ($34.5B) and Nvidia 4.33%. The quarter saw a massive QQQ reshuffle (a ~$36.3B new position offsetting a ~$43.3B sale, likely call/share-class mechanics) and a clear trim of crypto proxies — MicroStrategy cut ~$5.7B and Coinbase ~$1.8B — while the firm added Alphabet, Micron and Amazon.

Quarter at a glance — Q4 2025

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q4 2025.

#HoldingValueSharesWeight
01
SPY
SPDR S&P 500 ETF TR
$39.5B57.9M5.9%
02
QQQ
INVESCO QQQ TR
$36.3B59.1M5.4%
03
TSLA
TESLA INC
$34.5B76.8M5.2%
04
NVDA
NVIDIA CORPORATION
$28.8B154.5M4.3%
05
AAPL
APPLE INC
$16.3B60.1M2.5%
06
META
META PLATFORMS INC
$15.8B23.9M2.4%
07
AMZN
AMAZON COM INC
$13.2B57.2M2.0%
08
GLD
SPDR GOLD TR
$12.5B31.6M1.9%
09
GOOGL
ALPHABET INC
$11.6B37.1M1.7%
10
MSFT
MICROSOFT CORP
$11.2B23.1M1.7%

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