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 | 8.09% |
| 2 | Consumer Discretionary | 7.64% |
| 3 | Energy | 7.19% |
| 4 | Industrials | 5.71% |
| 5 | Technology | 5.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Archrock
AROC
$5.78B
| $49.5M | 0.06% |
1,100,745
+83,209
| +8% | +$3.59M |
|
|
PHH
352
DELISTED
PHH Corporation
PHH
| $49.5M | 0.06% |
2,154,377
+569,307
| +36% | +$13.5M |
|
|
AET
353
DELISTED
Aetna Inc
AET
| $49.3M | 0.06% |
607,807
-580,460
| -49% | -$43.9M |
|
354
Morgan Stanley
MS
$338B
| $49.2M | 0.06% |
1,520,599
-2,078,113
| -58% | -$64.1M |
|
|
CRR
355
DELISTED
Carbo Ceramics Inc.
CRR
| $49.1M | 0.06% |
318,490
+289,168
| +986% | +$39.8M |
|
|
DD
356
DELISTED
Du Pont De Nemours E I
DD
| $48.9M | 0.06% |
786,421
+716,102
| +1,018% | +$46M |
|
357
Cathay General Bancorp
CATY
$4.25B
| $48.9M | 0.06% |
1,911,393
-98,119
| -5% | -$2.41M |
|
358
PUT
AT&T
T
$168B
| $48.8M | 0.06% |
1,826,988
+810,024
| +80% | +$21.7M |
|
359
TE Connectivity
TEL
$63.3B
| $48.8M | 0.06% |
788,633
-711,285
| -47% | -$42.6M |
|
360
Mastercard
MA
$492B
| $48.6M | 0.06% |
661,983
-345,009
| -34% | -$25.6M |
|
|
HCC
361
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $48.4M | 0.06% |
989,338
+541,908
| +121% | +$25.2M |
|
362
Lockheed Martin
LMT
$138B
| $47.9M | 0.05% |
297,998
+267,527
| +878% | +$43.5M |
|
363
SLM Corp
SLM
$5.11B
| $47.7M | 0.05% |
5,734,579
+4,368,979
| +320% | +$38.5M |
|
|
WBMD
364
DELISTED
WebMD Health Corp.
WBMD
| $47.5M | 0.05% |
983,756
+351,862
| +56% | +$15.4M |
|
365
CALL
Intuitive Surgical
ISRG
$142B
| $47.4M | 0.05% |
1,035,900
-230,400
| -18% | -$10.2M |
|
366
Church & Dwight Co
CHD
$24.4B
| $47.3M | 0.05% |
1,353,386
-1,866,298
| -58% | -$64.2M |
|
367
CALL
Five Below
FIVE
$13B
| $47.3M | 0.05% |
1,185,700
+761,500
| +180% | +$29.1M |
|
368
State Street SPDR S&P Homebuilders ETF
XHB
$1.61B
| $47.1M | 0.05% |
1,439,032
-222,257
| -13% | -$7.04M |
|
|
CIT
369
DELISTED
CIT Group Inc.
CIT
| $47M | 0.05% |
1,026,594
-122,656
| -11% | -$5.53M |
|
370
FirstEnergy
FE
$27.1B
| $46.8M | 0.05% |
1,348,600
+138,388
| +11% | +$4.66M |
|
|
RYL
371
DELISTED
RYLAND GROUP INC
RYL
| $46.6M | 0.05% |
1,182,237
-933,265
| -44% | -$35.8M |
|
372
Perrigo
PRGO
$1.78B
| $46.6M | 0.05% |
319,604
-149,332
| -32% | -$21.2M |
|
373
Suncor Energy
SU
$74B
| $46.5M | 0.05% |
1,091,665
-416,686
| -28% | -$16.2M |
|
|
PHH
374
CALL
DELISTED
PHH Corporation
PHH
| $46.4M | 0.05% |
2,021,100
+2,009,000
| +16,603% | +$47.6M |
|
|
MON
375
PUT
DELISTED
Monsanto Co
MON
| $46.4M | 0.05% |
371,800
+159,700
| +75% | +$18.7M |
|
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 8.1% of assets, down from 8.8% 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 1,058 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.