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 | |
|---|---|---|---|---|---|---|
3576
PUT
Hovnanian Enterprises
HOV
$785M
| $878K | ﹤0.01% |
6,820
+1,944
| +40% | +$223K |
|
|
CLVS
3577
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $878K | ﹤0.01% |
21,200
-2,600
| -11% | -$134K |
|
|
ETP
3578
DELISTED
Energy Transfer Partners L.p.
ETP
| $878K | ﹤0.01% |
15,142
-153
| -1% | -$8.58K |
|
3579
PUT
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.9M
| $876K | ﹤0.01% |
9,400
-16,500
| -64% | -$1.51M |
|
|
GIMO
3580
CALL
DELISTED
Gigamon Inc.
GIMO
| $875K | ﹤0.01% |
45,700
+17,600
| +63% | +$318K |
|
|
PRE
3581
DELISTED
PARTNERRE LTD
PRE
| $875K | ﹤0.01% |
8,013
-262,461
| -97% | -$27.7M |
|
3582
Horace Mann Educators
HMN
$2.13B
| $874K | ﹤0.01% |
27,943
-6,919
| -20% | -$205K |
|
3583
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.12B
| $874K | ﹤0.01% |
5,684
-3,107
| -35% | -$452K |
|
|
AXLL
3584
CALL
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $874K | ﹤0.01% |
18,500
+5,300
| +40% | +$245K |
|
|
PRXL
3585
PUT
DELISTED
Parexel International Corp
PRXL
| $872K | ﹤0.01% |
+16,500
| New | +$828K |
|
|
MTOR
3586
CALL
DELISTED
MERITOR, Inc.
MTOR
| $870K | ﹤0.01% |
66,700
+42,500
| +176% | +$559K |
|
3587
MaxLinear
MXL
$7.69B
| $869K | ﹤0.01% |
86,376
+25,019
| +41% | +$229K |
|
|
CFN
3588
PUT
DELISTED
CAREFUSION CORPORATION
CFN
| $869K | ﹤0.01% |
19,600
+13,400
| +216% | +$555K |
|
3589
Vanguard High Dividend Yield ETF
VYM
$84B
| $868K | ﹤0.01% |
13,090
-5,223
| -29% | -$338K |
|
3590
Simmons First National
SFNC
$3.48B
| $866K | ﹤0.01% |
43,966
+25,582
| +139% | +$497K |
|
3591
Employers Holdings
EIG
$875M
| $865K | ﹤0.01% |
40,827
-8,649
| -17% | -$181K |
|
3592
CALL
News Corp Class A
NWSA
$15.8B
| $865K | ﹤0.01% |
48,200
+37,600
| +355% | +$649K |
|
|
LSI
3593
DELISTED
Life Storage, Inc.
LSI
| $865K | ﹤0.01% |
16,787
-32,448
| -66% | -$1.64M |
|
|
CSII
3594
DELISTED
Cardiovascular Systems, Inc.
CSII
| $865K | ﹤0.01% |
27,756
+17,463
| +170% | +$504K |
|
3595
Blackrock
BLK
$182B
| $864K | ﹤0.01% |
2,702
-2,376
| -47% | -$728K |
|
|
BWP
3596
PUT
DELISTED
Boardwalk Pipeline Partners
BWP
| $864K | ﹤0.01% |
46,700
-18,200
| -28% | -$297K |
|
3597
IAMGOLD
IAG
$10.4B
| $862K | ﹤0.01% |
209,118
+2,844
| +1% | +$10.1K |
|
|
LOGM
3598
CALL
DELISTED
LogMein, Inc.
LOGM
| $862K | ﹤0.01% |
18,500
-4,100
| -18% | -$177K |
|
3599
PUT
AGCO
AGCO
$7.1B
| $860K | ﹤0.01% |
15,300
-1,000
| -6% | -$55.2K |
|
|
IPCC
3600
DELISTED
Infinity Property & Casualty C
IPCC
| $860K | ﹤0.01% |
12,792
+2,318
| +22% | +$152K |
|
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.