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 | |
|---|---|---|---|---|---|---|
|
LNKD
301
CALL
DELISTED
LinkedIn Corporation
LNKD
| $56.6M | 0.06% |
330,100
+41,000
| +14% | +$6.63M |
|
302
Gen Digital
GEN
$17.4B
| $56.5M | 0.06% |
2,469,088
+1,934,925
| +362% | +$41.1M |
|
|
IPG
303
DELISTED
Interpublic Group of Companies
IPG
| $56.3M | 0.06% |
2,886,652
-3,619,796
| -56% | -$65.7M |
|
|
VXX
304
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $56M | 0.06% |
122,375
-14,381
| -11% | -$8.38M |
|
305
Fidelity National Information Services
FIS
$22.1B
| $55.9M | 0.06% |
1,021,553
+6,165
| +0.6% | +$331K |
|
306
Yum! Brands
YUM
$39.5B
| $55.8M | 0.06% |
955,123
+89,864
| +10% | +$5M |
|
307
Bread Financial
BFH
$4.36B
| $55.7M | 0.06% |
248,064
+247,112
| +25,957% | +$50.3M |
|
|
SN
308
DELISTED
Sanchez Energy Corporation
SN
| $55.4M | 0.06% |
1,474,605
-396,767
| -21% | -$12.5M |
|
309
PUT
Goldman Sachs
GS
$301B
| $54.8M | 0.06% |
327,400
-127,000
| -28% | -$20.5M |
|
|
MDVN
310
DELISTED
MEDIVATION, INC.
MDVN
| $54.6M | 0.06% |
1,415,522
+1,323,564
| +1,439% | +$44.6M |
|
|
TFCFA
311
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $54.5M | 0.06% |
1,551,307
-2,013,859
| -56% | -$68.5M |
|
|
CSOD
312
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $54.5M | 0.06% |
1,184,420
+16,386
| +1% | +$667K |
|
|
LNKD
313
PUT
DELISTED
LinkedIn Corporation
LNKD
| $54.3M | 0.06% |
316,400
-29,800
| -9% | -$4.82M |
|
|
PTP
314
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $54.2M | 0.06% |
836,217
+224,677
| +37% | +$14.1M |
|
|
315
MetLife
MET
$61.5B
| $54.2M | 0.06% |
1,093,560
-4,043,895
| -79% | -$189M |
|
316
SLB Ltd
SLB
$79.7B
| $54.1M | 0.06% |
458,725
-1,450,186
| -76% | -$149M |
|
317
Abercrombie & Fitch
ANF
$5.24B
| $54.1M | 0.06% |
1,250,972
+565,382
| +82% | +$21.8M |
|
318
Keurig Dr Pepper
KDP
$39.7B
| $54.1M | 0.06% |
922,775
+445,860
| +93% | +$25.1M |
|
|
PETM
319
CALL
DELISTED
PETSMART INC
PETM
| $53.9M | 0.06% |
900,800
+849,000
| +1,639% | +$53.6M |
|
320
CALL
Las Vegas Sands
LVS
$29.6B
| $53M | 0.06% |
695,900
+287,100
| +70% | +$21.8M |
|
|
TMHC
321
DELISTED
Taylor Morrison
TMHC
| $53M | 0.06% |
2,361,905
+459,905
| +24% | +$9.95M |
|
322
CALL
Wynn Resorts
WYNN
$10.8B
| $52.9M | 0.06% |
254,900
+100,200
| +65% | +$20.8M |
|
|
ITMN
323
DELISTED
INTERMUNE INC
ITMN
| $52.7M | 0.06% |
1,194,658
-265,064
| -18% | -$9.76M |
|
324
JPMorgan Chase
JPM
$962B
| $52.6M | 0.06% |
912,511
-1,642,078
| -64% | -$92.3M |
|
325
Cadence Design Systems
CDNS
$90.2B
| $52.5M | 0.06% |
3,003,443
-279,251
| -9% | -$4.46M |
|
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.