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 | |
|---|---|---|---|---|---|---|
3926
ProShares Ultra QQQ
QLD
$14.4B
| $657K | ﹤0.01% |
184,992
-177,152
| -49% | -$568K |
|
|
FINL
3927
CALL
DELISTED
Finish Line
FINL
| $657K | ﹤0.01% |
22,100
+18,500
| +514% | +$525K |
|
|
KCG
3928
DELISTED
KCG Holdings, Inc.
KCG
| $657K | ﹤0.01% |
55,340
-481,696
| -90% | -$5.38M |
|
|
BGFV
3929
DELISTED
Big 5 Sporting Goods
BGFV
| $656K | ﹤0.01% |
+53,494
| New | +$699K |
|
3930
Intrepid Potash
IPI
$493M
| $656K | ﹤0.01% |
3,912
+963
| +33% | +$155K |
|
|
WCC
3931
CALL
WESCO International
WCC
$17.6B
| $656K | ﹤0.01% |
7,600
-2,700
| -26% | -$236K |
|
|
DRC
3932
CALL
DELISTED
DRESSER-RAND GROUP INC
DRC
| $656K | ﹤0.01% |
10,300
+3,900
| +61% | +$238K |
|
|
AIRM
3933
PUT
DELISTED
Air Methods Corp
AIRM
| $656K | ﹤0.01% |
12,700
+7,100
| +127% | +$361K |
|
3934
PUT
Teradyne
TER
$65.5B
| $655K | ﹤0.01% |
33,400
+13,300
| +66% | +$247K |
|
|
AD
3935
Array Digital Infrastructure
AD
$3.11B
| $655K | ﹤0.01% |
+16,069
| New | +$659K |
|
|
DCH
3936
CALL
Dauch Corp
DCH
$1.6B
| $654K | ﹤0.01% |
34,600
+11,100
| +47% | +$204K |
|
3937
CALL
Global X MSCI Norway ETF
NORW
$89.4M
| $654K | ﹤0.01% |
42,000
-38,000
| -48% | -$980K |
|
3938
CALL
Ventas
VTR
$46.9B
| $654K | ﹤0.01% |
8,932
-4,904
| -35% | -$364K |
|
|
VER
3939
CALL
DELISTED
VEREIT, Inc.
VER
| $654K | ﹤0.01% |
10,440
+9,000
| +625% | +$579K |
|
|
APU
3940
DELISTED
AmeriGas Partners, L.P.
APU
| $654K | ﹤0.01% |
14,406
+13,262
| +1,159% | +$605K |
|
|
RGP
3941
CALL
DELISTED
REGENCY ENERGY PARTNERS LP COMMON UTS REP LIMITED PART INTS
RGP
| $654K | ﹤0.01% |
20,300
+14,200
| +233% | +$400K |
|
3942
PUT
Brunswick
BC
$5.36B
| $653K | ﹤0.01% |
15,500
+6,400
| +70% | +$270K |
|
3943
iShares US Basic Materials ETF
IYM
$1.02B
| $653K | ﹤0.01% |
+7,466
| New | +$635K |
|
3944
CALL
State Street SPDR Portfolio Europe ETF
SPEU
$743M
| $653K | ﹤0.01% |
15,100
+9,100
| +152% | +$359K |
|
3945
Tilly's
TLYS
$122M
| $653K | ﹤0.01% |
81,195
-1,463
| -2% | -$14.7K |
|
3946
PUT
Universal Health Services
UHS
$10B
| $651K | ﹤0.01% |
6,800
+800
| +13% | +$69.1K |
|
|
XL
3947
PUT
DELISTED
XL Group Ltd.
XL
| $651K | ﹤0.01% |
19,900
+8,700
| +78% | +$279K |
|
3948
ResMed
RMD
$32.4B
| $649K | ﹤0.01% |
12,814
-167,206
| -93% | -$8.29M |
|
3949
CALL
Archrock
AROC
$6.08B
| $648K | ﹤0.01% |
14,400
+9,500
| +194% | +$410K |
|
|
VAL
3950
PUT
DELISTED
Valspar
VAL
| $648K | ﹤0.01% |
8,500
-5,400
| -39% | -$400K |
|
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.