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 | 8.34% |
| 2 | Consumer Discretionary | 7.93% |
| 3 | Energy | 7.85% |
| 4 | Technology | 5.91% |
| 5 | Industrials | 5.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DCOM
3076
DELISTED
Dime Community Bancshares
DCOM
| $1.3M | ﹤0.01% |
82,677
+7,859
| +11% | +$125K |
|
|
FMER
3077
DELISTED
FIRSTMERIT CORP
FMER
| $1.3M | ﹤0.01% |
65,861
-438,634
| -87% | -$8.58M |
|
3078
Entegris
ENTG
$24.7B
| $1.3M | ﹤0.01% |
94,508
-113,603
| -55% | -$1.35M |
|
3079
CALL
Lithia Motors
LAD
$8.3B
| $1.3M | ﹤0.01% |
13,800
+5,000
| +57% | +$382K |
|
|
MHFI
3080
CALL
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $1.29M | ﹤0.01% |
15,600
+3,000
| +24% | +$236K |
|
|
BV
3081
DELISTED
Bazaarvoice, Inc.
BV
| $1.29M | ﹤0.01% |
163,982
-10,270
| -6% | -$71.8K |
|
3082
Forward Air
FWRD
$640M
| $1.29M | ﹤0.01% |
27,011
-21,739
| -45% | -$975K |
|
|
KNDI
3083
CALL
Kandi Technologies Group
KNDI
$63M
| $1.29M | ﹤0.01% |
91,400
-11,800
| -11% | -$149K |
|
3084
iShares US Technology ETF
IYW
$25.6B
| $1.29M | ﹤0.01% |
+53,360
| New | +$1.23M |
|
3085
United Fire Group
UFCS
$1.4B
| $1.29M | ﹤0.01% |
44,087
-8,728
| -17% | -$249K |
|
|
AMTD
3086
DELISTED
TD Ameritrade Holding Corp
AMTD
| $1.29M | ﹤0.01% |
41,164
-2,008,948
| -98% | -$62.3M |
|
3087
Aecom
ACM
$8.12B
| $1.29M | ﹤0.01% |
39,999
+37,534
| +1,523% | +$1.21M |
|
|
FURX
3088
PUT
DELISTED
FURIEX PHARMACEUTICALS INC COM STK (DE)
FURX
| $1.28M | ﹤0.01% |
12,100
-2,800
| -19% | -$275K |
|
3089
CALL
Everest Group
EG
$14.2B
| $1.28M | ﹤0.01% |
8,000
-5,400
| -40% | -$855K |
|
3090
G-III Apparel Group
GIII
$1.43B
| $1.28M | ﹤0.01% |
31,436
+19,930
| +173% | +$752K |
|
3091
PUT
Unisys
UIS
$209M
| $1.28M | ﹤0.01% |
51,900
+23,900
| +85% | +$604K |
|
3092
PUT
Rambus
RMBS
$10.9B
| $1.28M | ﹤0.01% |
89,700
+53,400
| +147% | +$660K |
|
|
NS
3093
DELISTED
NuStar Energy L.P.
NS
| $1.28M | ﹤0.01% |
20,697
+8,818
| +74% | +$512K |
|
|
RFMD
3094
CALL
DELISTED
RF MICRO DEVICES INC
RFMD
| $1.28M | ﹤0.01% |
133,800
-94,200
| -41% | -$837K |
|
3095
CALL
Darden Restaurants
DRI
$25.6B
| $1.28M | ﹤0.01% |
30,988
+2,685
| +9% | +$119K |
|
3096
PUT
MBIA
MBI
$264M
| $1.28M | ﹤0.01% |
116,100
-62,000
| -35% | -$764K |
|
|
ANR
3097
PUT
DELISTED
Alpha Natural Resources Inc
ANR
| $1.27M | ﹤0.01% |
343,500
-79,400
| -19% | -$320K |
|
3098
CALL
Smith & Wesson
SWBI
$643M
| $1.27M | ﹤0.01% |
113,447
-32,785
| -22% | -$387K |
|
|
SMRT
3099
DELISTED
Stein Mart Inc
SMRT
| $1.27M | ﹤0.01% |
91,353
-7,739
| -8% | -$103K |
|
3100
PUT
Cirrus Logic
CRUS
$6.07B
| $1.27M | ﹤0.01% |
55,700
+24,500
| +79% | +$536K |
|
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 8.3% of assets, down from 9% 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 1,057 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.