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 | |
|---|---|---|---|---|---|---|
3401
CALL
Amkor Technology
AMKR
$14.7B
| $987K | ﹤0.01% |
88,300
+81,300
| +1,161% | +$750K |
|
3402
Canadian Imperial Bank of Commerce
CM
$113B
| $987K | ﹤0.01% |
22,146
+20,254
| +1,071% | +$880K |
|
3403
PUT
Ryder
R
$10.1B
| $987K | ﹤0.01% |
11,200
+1,600
| +17% | +$134K |
|
|
LIOX
3404
DELISTED
Lionbridge Technologies
LIOX
| $987K | ﹤0.01% |
166,125
+105,526
| +174% | +$619K |
|
3405
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $986K | ﹤0.01% |
+24,699
| New | +$973K |
|
|
SGI
3406
CALL
Somnigroup International
SGI
$13.9B
| $985K | ﹤0.01% |
66,000
+10,400
| +19% | +$139K |
|
|
LM
3407
CALL
DELISTED
Legg Mason, Inc.
LM
| $985K | ﹤0.01% |
19,200
-10,300
| -35% | -$497K |
|
3408
CALL
Invesco CurrencyShares Australian Dollar Trust
FXA
$98.2M
| $982K | ﹤0.01% |
10,400
-11,700
| -53% | -$1.09M |
|
3409
CALL
AGNC Investment
AGNC
$13B
| $981K | ﹤0.01% |
41,900
+21,100
| +101% | +$485K |
|
3410
PUT
Microchip Technology
MCHP
$43B
| $981K | ﹤0.01% |
40,200
-43,400
| -52% | -$1.03M |
|
|
CPN
3411
CALL
DELISTED
Calpine Corporation
CPN
| $981K | ﹤0.01% |
41,200
-12,500
| -23% | -$283K |
|
3412
HealthStream
HSTM
$846M
| $980K | ﹤0.01% |
40,326
+11,194
| +38% | +$279K |
|
|
IRBT
3413
DELISTED
iRobot
IRBT
| $980K | ﹤0.01% |
23,920
-49,882
| -68% | -$1.8M |
|
3414
PUT
J.M. Smucker
SJM
$13B
| $980K | ﹤0.01% |
9,200
-5,600
| -38% | -$562K |
|
|
BLOX
3415
PUT
DELISTED
Infoblox Inc
BLOX
| $980K | ﹤0.01% |
74,500
+38,600
| +108% | +$661K |
|
|
GOV
3416
DELISTED
Government Properties Income Trust
GOV
| $979K | ﹤0.01% |
38,542
+11,552
| +43% | +$293K |
|
3417
CALL
Dine Brands
DIN
$447M
| $978K | ﹤0.01% |
12,300
-1,100
| -8% | -$86.8K |
|
3418
Pixelworks
PXLW
$42.2M
| $976K | ﹤0.01% |
10,753
+489
| +5% | +$36.3K |
|
3419
Sabesp
SBS
$16.2B
| $976K | ﹤0.01% |
469,280
-951,785
| -67% | -$1.82M |
|
3420
CALL
Jacobs Solutions
J
$16.9B
| $975K | ﹤0.01% |
22,124
+7,254
| +49% | +$345K |
|
|
ASRT
3421
DELISTED
Assertio
ASRT
| $974K | ﹤0.01% |
1,168
+389
| +50% | +$300K |
|
3422
Interactive Brokers
IBKR
$41.7B
| $974K | ﹤0.01% |
167,244
-152,844
| -48% | -$879K |
|
|
HOLX
3423
CALL
DELISTED
Hologic
HOLX
| $973K | ﹤0.01% |
38,400
+18,800
| +96% | +$439K |
|
3424
Lesaka Technologies
LSAK
$407M
| $973K | ﹤0.01% |
85,573
+55,959
| +189% | +$578K |
|
3425
Idexx Laboratories
IDXX
$43.4B
| $972K | ﹤0.01% |
14,560
-48,058
| -77% | -$3.06M |
|
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.