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 | |
|---|---|---|---|---|---|---|
3501
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $926K | ﹤0.01% |
5,500
-700
| -11% | -$116K |
|
3502
Methanex
MEOH
$4.34B
| $926K | ﹤0.01% |
14,990
-263,645
| -95% | -$16.2M |
|
3503
Otter Tail
OTTR
$3.9B
| $926K | ﹤0.01% |
30,582
+13,382
| +78% | +$390K |
|
|
APL
3504
CALL
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $925K | ﹤0.01% |
26,900
+3,800
| +16% | +$124K |
|
|
BKW
3505
PUT
DELISTED
BURGER KING WORLDWIDE
BKW
| $925K | ﹤0.01% |
34,000
+14,100
| +71% | +$366K |
|
|
MITT
3506
TPG Mortgage Investment Trust
MITT
$215M
| $924K | ﹤0.01% |
16,284
+3,783
| +30% | +$208K |
|
3507
PUT
Snap-on
SNA
$20.9B
| $924K | ﹤0.01% |
7,800
+100
| +1% | +$11.6K |
|
|
GBL
3508
DELISTED
GAMCO Investors, Inc.
GBL
| $924K | ﹤0.01% |
20,652
+4,377
| +27% | +$183K |
|
|
SIRO
3509
PUT
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $924K | ﹤0.01% |
11,200
| – | – |
|
|
AAT
3510
American Assets Trust
AAT
$1.4B
| $921K | ﹤0.01% |
26,646
+3,108
| +13% | +$106K |
|
3511
CALL
RenaissanceRe
RNR
$13.4B
| $920K | ﹤0.01% |
8,600
+700
| +9% | +$71.7K |
|
|
HOS
3512
PUT
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $920K | ﹤0.01% |
19,600
+4,800
| +32% | +$204K |
|
3513
PUT
Raymond James Financial
RJF
$34.8B
| $918K | ﹤0.01% |
27,150
+13,500
| +99% | +$451K |
|
|
TLMR
3514
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $918K | ﹤0.01% |
+66,588
| New | +$917K |
|
|
VVUS
3515
CALL
DELISTED
Vivus Inc
VVUS
| $918K | ﹤0.01% |
17,260
-3,520
| -17% | -$181K |
|
|
SVU
3516
DELISTED
SUPERVALU Inc.
SVU
| $917K | ﹤0.01% |
15,933
-74,998
| -82% | -$3.87M |
|
3517
PUT
Boyd Gaming
BYD
$6.11B
| $915K | ﹤0.01% |
75,400
-29,200
| -28% | -$338K |
|
|
TGI
3518
CALL
DELISTED
Triumph Group
TGI
| $915K | ﹤0.01% |
13,100
+2,100
| +19% | +$142K |
|
|
CPL
3519
DELISTED
CPFL Energia S.A.
CPL
| $914K | ﹤0.01% |
53,139
-27,040
| -34% | -$438K |
|
3520
CALL
Clean Energy Fuels
CLNE
$403M
| $913K | ﹤0.01% |
77,900
-14,900
| -16% | -$148K |
|
|
SGI
3521
PUT
Somnigroup International
SGI
$13.9B
| $913K | ﹤0.01% |
61,200
-36,800
| -38% | -$493K |
|
3522
Immersion
IMMR
$249M
| $912K | ﹤0.01% |
71,710
+27,169
| +61% | +$295K |
|
3523
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $912K | ﹤0.01% |
42,900
-31,100
| -42% | -$666K |
|
3524
CALL
Compass Minerals
CMP
$1.11B
| $910K | ﹤0.01% |
9,500
+2,500
| +36% | +$225K |
|
3525
CALL
Angi Inc
ANGI
$191M
| $909K | ﹤0.01% |
7,610
+1,800
| +31% | +$205K |
|
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.