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 | |
|---|---|---|---|---|---|---|
3276
PUT
PRA Group
PRAA
$776M
| $1.11M | ﹤0.01% |
18,600
+7,200
| +63% | +$411K |
|
|
SN
3277
CALL
DELISTED
Sanchez Energy Corporation
SN
| $1.1M | ﹤0.01% |
+29,400
| New | +$928K |
|
|
BWP
3278
CALL
DELISTED
Boardwalk Pipeline Partners
BWP
| $1.1M | ﹤0.01% |
59,600
+33,600
| +129% | +$549K |
|
|
EGN
3279
PUT
DELISTED
Energen
EGN
| $1.1M | ﹤0.01% |
12,400
-1,300
| -9% | -$109K |
|
3280
CALL
Kirby Corp
KEX
$7.32B
| $1.1M | ﹤0.01% |
9,400
+3,700
| +65% | +$397K |
|
3281
PUT
Principal Financial Group
PFG
$24.4B
| $1.1M | ﹤0.01% |
21,800
-18,400
| -46% | -$866K |
|
3282
CALL
Williams-Sonoma
WSM
$28.4B
| $1.1M | ﹤0.01% |
30,600
-41,400
| -58% | -$1.36M |
|
3283
Alaska Air
ALK
$5.13B
| $1.1M | ﹤0.01% |
23,056
-5,178
| -18% | -$247K |
|
3284
PUT
Toronto Dominion Bank
TD
$205B
| $1.09M | ﹤0.01% |
21,300
-21,400
| -50% | -$1.04M |
|
3285
Iridium Communications
IRDM
$5.32B
| $1.09M | ﹤0.01% |
129,190
+93,195
| +259% | +$701K |
|
3286
UMB Financial
UMBF
$11.5B
| $1.09M | ﹤0.01% |
17,256
+2,302
| +15% | +$137K |
|
3287
PUT
Warner Bros
WBD
$70.2B
| $1.09M | ﹤0.01% |
28,768
-14,482
| -33% | -$570K |
|
3288
Anika Therapeutics
ANIK
$288M
| $1.09M | ﹤0.01% |
23,504
-347
| -1% | -$15.4K |
|
3289
Builders FirstSource
BLDR
$7.8B
| $1.09M | ﹤0.01% |
145,248
+13,781
| +10% | +$107K |
|
3290
PUT
JB Hunt Transport Services
JBHT
$26.3B
| $1.08M | ﹤0.01% |
14,700
| – | – |
|
|
LEJU
3291
DELISTED
Leju Holdings Limited American Depositary Shares, each representing ten (10) Ordinary Shares
LEJU
| $1.08M | ﹤0.01% |
+10,368
| New | +$1.13M |
|
3292
PUT
Invesco
IVZ
$14.4B
| $1.08M | ﹤0.01% |
28,700
+2,800
| +11% | +$101K |
|
3293
CALL
FTI Consulting
FCN
$4.19B
| $1.08M | ﹤0.01% |
28,600
+1,300
| +5% | +$42.9K |
|
|
PKD
3294
DELISTED
Parker Drilling Company
PKD
| $1.08M | ﹤0.01% |
11,064
+3,419
| +45% | +$339K |
|
3295
PUT
Centene
CNC
$33.3B
| $1.08M | ﹤0.01% |
57,200
+19,600
| +52% | +$337K |
|
|
HTB
3296
HomeTrust Bancshares
HTB
$834M
| $1.08M | ﹤0.01% |
68,455
+32,334
| +90% | +$500K |
|
|
TPH
3297
PUT
DELISTED
Tri Pointe Homes
TPH
| $1.08M | ﹤0.01% |
+68,600
| New | +$1.11M |
|
|
DST
3298
CALL
DELISTED
DST Systems Inc.
DST
| $1.08M | ﹤0.01% |
23,400
-400
| -2% | -$18.4K |
|
|
TGNA
3299
DELISTED
TEGNA Inc
TGNA
| $1.08M | ﹤0.01% |
65,780
+26,127
| +66% | +$383K |
|
|
SAVE
3300
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $1.07M | ﹤0.01% |
17,000
-4,000
| -19% | -$236K |
|
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.