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 | |
|---|---|---|---|---|---|---|
3476
FS KKR Capital
FSK
$3.42B
| $943K | ﹤0.01% |
+22,116
| New | +$913K |
|
3477
PUT
IPG Photonics
IPGP
$3.65B
| $943K | ﹤0.01% |
13,700
-9,700
| -41% | -$654K |
|
3478
Regional Management Corp
RM
$309M
| $943K | ﹤0.01% |
60,959
+32,142
| +112% | +$552K |
|
|
KATE
3479
PUT
DELISTED
Kate Spade & Company
KATE
| $942K | ﹤0.01% |
24,700
-700
| -3% | -$25.1K |
|
|
TXI
3480
CALL
DELISTED
TEXAS INDUSTRIES INC
TXI
| $942K | ﹤0.01% |
10,200
+3,700
| +57% | +$325K |
|
3481
LendingTree
TREE
$458M
| $941K | ﹤0.01% |
32,295
+5,553
| +21% | +$151K |
|
3482
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.9M
| $940K | ﹤0.01% |
10,086
+8,906
| +755% | +$812K |
|
3483
Gold Fields
GFI
$36B
| $940K | ﹤0.01% |
252,649
-315,452
| -56% | -$1.21M |
|
|
QVCGA
3484
PUT
DELISTED
QVC Group Inc Series A
QVCGA
| $940K | ﹤0.01% |
779
+601
| +338% | +$717K |
|
|
XCRA
3485
DELISTED
Xcerra Corporation
XCRA
| $940K | ﹤0.01% |
103,314
-49,399
| -32% | -$454K |
|
3486
CALL
Oceaneering
OII
$5.2B
| $938K | ﹤0.01% |
12,000
+1,000
| +9% | +$73.4K |
|
|
GGP
3487
DELISTED
GGP Inc.
GGP
| $935K | ﹤0.01% |
39,687
-190,028
| -83% | -$4.41M |
|
|
GLDD
3488
DELISTED
Great Lakes Dredge & Dock
GLDD
| $934K | ﹤0.01% |
116,853
+25,449
| +28% | +$207K |
|
3489
CALL
Nexstar Media Group
NXST
$5.84B
| $934K | ﹤0.01% |
18,100
+5,100
| +39% | +$218K |
|
|
TWX
3490
PUT
DELISTED
Time Warner Inc
TWX
| $934K | ﹤0.01% |
13,300
-81,404
| -86% | -$5.35M |
|
|
CA
3491
DELISTED
CA, Inc.
CA
| $934K | ﹤0.01% |
32,510
-333,634
| -91% | -$9.87M |
|
3492
CALL
Rambus
RMBS
$10.9B
| $932K | ﹤0.01% |
65,200
-4,400
| -6% | -$54.4K |
|
3493
Agnico Eagle Mines
AEM
$94.4B
| $931K | ﹤0.01% |
24,320
-61,863
| -72% | -$1.97M |
|
3494
CALL
Keurig Dr Pepper
KDP
$42.8B
| $931K | ﹤0.01% |
15,900
+5,900
| +59% | +$332K |
|
|
3495
Rambus
RMBS
$10.9B
| $930K | ﹤0.01% |
65,068
+62,047
| +2,054% | +$767K |
|
|
CAI
3496
DELISTED
CAI International, Inc.
CAI
| $929K | ﹤0.01% |
42,222
+13,689
| +48% | +$308K |
|
|
AVP
3497
CALL
DELISTED
Avon Products, Inc.
AVP
| $928K | ﹤0.01% |
63,500
+21,300
| +50% | +$307K |
|
3498
PUT
SiriusXM
SIRI
$9.59B
| $927K | ﹤0.01% |
26,780
-19,320
| -42% | -$628K |
|
|
CVA
3499
CALL
DELISTED
Covanta Holding Corporation
CVA
| $927K | ﹤0.01% |
45,000
+10,700
| +31% | +$202K |
|
3500
CALL
BioCryst Pharmaceuticals
BCRX
$2.49B
| $926K | ﹤0.01% |
72,600
| – | – |
|
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.