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
|
+$689M |
| 2 |
Apple
AAPL
|
+$498M |
| 3 |
BHI
Baker Hughes
BHI
|
+$265M |
| 4 |
McKesson
MCK
|
+$211M |
| 5 |
Williams Companies
WMB
|
+$181M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$224M |
| 2 |
Verizon
VZ
|
+$191M |
| 3 |
MetLife
MET
|
+$189M |
| 4 |
LSI
LSI CORPORATION
LSI
|
+$189M |
| 5 |
Wells Fargo
WFC
|
+$182M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.09% |
| 2 | Consumer Discretionary | 7.64% |
| 3 | Energy | 7.19% |
| 4 | Industrials | 5.71% |
| 5 | Technology | 5.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Monolithic Power Systems
MPWR
$68.9B
| $69.5M | 0.08% |
1,640,055
-83,526
| -5% | -$3.24M |
|
|
BEAV
252
DELISTED
B/E Aerospace Inc
BEAV
| $68.8M | 0.08% |
1,027,258
-497,750
| -33% | -$33.1M |
|
253
PUT
SM Energy
SM
$7.73B
| $68.8M | 0.08% |
817,800
+785,500
| +2,432% | +$60.2M |
|
|
RAD
254
DELISTED
Rite Aid Corporation
RAD
| $68.8M | 0.08% |
479,448
+97,357
| +25% | +$14.4M |
|
255
Eagle Materials
EXP
$6.57B
| $68.7M | 0.08% |
728,645
+662,434
| +1,000% | +$57.9M |
|
|
UCD
256
PUT
DELISTED
PROSHARES ULTRA BLOOMBERG COMMODITY
UCD
| $67.9M | 0.08% |
367,175
+139,825
| +62% | +$12.5M |
|
257
Liberty Global Class A
LBTYA
$3.48B
| $67.1M | 0.08% |
1,840,734
+1,184,481
| +180% | +$41.5M |
|
|
CIVI
258
DELISTED
Civitas Resources
CIVI
| $65.8M | 0.08% |
10,304
+6,092
| +145% | +$34.5M |
|
259
Marriott International
MAR
$91.1B
| $65.5M | 0.08% |
1,021,758
-173,054
| -14% | -$10.3M |
|
260
XPO
XPO
$23.8B
| $65.1M | 0.07% |
6,573,211
+3,073,051
| +88% | +$28.1M |
|
|
HDS
261
DELISTED
HD Supply Holdings, Inc.
HDS
| $64.9M | 0.07% |
2,286,720
+1,364,691
| +148% | +$36.3M |
|
262
PUT
Microsoft
MSFT
$3.74T
| $64.9M | 0.07% |
1,556,300
-191,700
| -11% | -$7.76M |
|
|
STI
263
DELISTED
SunTrust Banks, Inc.
STI
| $64.6M | 0.07% |
1,612,580
-3,347,096
| -67% | -$130M |
|
264
Raymond James Financial
RJF
$34.6B
| $64.6M | 0.07% |
1,910,052
+236,775
| +14% | +$7.9M |
|
265
Roper Technologies
ROP
$39.5B
| $64.5M | 0.07% |
441,483
-14,665
| -3% | -$2.05M |
|
|
TYNS
266
PUT
DELISTED
Direxion Daily 7-10 Year Treasury Bear 1X Shares
TYNS
| $64.3M | 0.07% |
1,607,900
-157,400
| -9% | -$5.14M |
|
|
MTCN
267
DELISTED
ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX)
MTCN
| $64.2M | 0.07% |
2,850,000
+750,000
| +36% | +$17.7M |
|
|
WFM
268
DELISTED
Whole Foods Market Inc
WFM
| $64.1M | 0.07% |
1,659,982
+1,416,077
| +581% | +$61.7M |
|
|
FCE.A
269
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $63.3M | 0.07% |
3,184,661
+161,748
| +5% | +$3.09M |
|
|
EV
270
DELISTED
Eaton Vance Corp.
EV
| $62.4M | 0.07% |
1,651,094
+6,673
| +0.4% | +$246K |
|
271
Canadian Natural Resources
CNQ
$98.1B
| $62M | 0.07% |
2,792,916
+2,021,342
| +262% | +$40.4M |
|
|
CAA
272
DELISTED
CalAtlantic Group, Inc.
CAA
| $61.9M | 0.07% |
1,439,114
+189,502
| +15% | +$7.69M |
|
|
CODE
273
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $61.7M | 0.07% |
2,929,989
+1,844,341
| +170% | +$35M |
|
274
T-Mobile US
TMUS
$192B
| $61.5M | 0.07% |
1,830,001
-1,528,340
| -46% | -$49.4M |
|
|
HOUS
275
DELISTED
Anywhere Real Estate
HOUS
| $61.4M | 0.07% |
1,629,132
+1,450,188
| +810% | +$56.3M |
|
Similar funds
Ken Griffin's Q2 2014 Portfolio in Review
As of Q2 2014, Ken Griffin held 8,883 positions worth $87.3B, up 2.3% from $85.3B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Ken Griffin withdrew a net $6.58B in Q2 2014, closing 936 positions and reducing 3,486 holdings. Its most notable exit was LSI CORPORATION, an estimated $189M position sold in full.
By sector, the portfolio is most concentrated in Financials at 8.1% of assets, down from 8.8% a quarter earlier, followed by Consumer Discretionary and Energy.
Against the trend, Ken Griffin opened a new position in MEMORIAL RESOURCE DEV CORP COM STK (DE) worth $109M.
- Ken Griffin's largest Q2 2014 buy was MEMORIAL RESOURCE DEV CORP COM STK (DE): 4,494,314 shares worth $109M.
- Ken Griffin added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $689M increase.
- Ken Griffin's biggest Q2 2014 reduction was HILLSHIRE BRANDS CO, cutting an estimated $224M.
- Ken Griffin fully exited LSI CORPORATION in Q2 2014, selling an estimated $189M.
- Ken Griffin's ten largest holdings make up 17% of its $87.3B portfolio in Q2 2014.
- Ken Griffin opened 1,058 new positions and closed 936 in Q2 2014.
- Ken Griffin's portfolio value rose 2.3% quarter-over-quarter to $87.3B.
Based on Citadel Advisors's 13F filing for Q2 2014, filed 14 Aug 2014.