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 | |
|---|---|---|---|---|---|---|
|
SUSQ
376
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $46.4M | 0.05% |
4,391,576
-2,241,879
| -34% | -$23.4M |
|
377
Boeing
BA
$182B
| $46.1M | 0.05% |
361,975
+150,443
| +71% | +$19.6M |
|
|
FDO
378
CALL
DELISTED
FAMILY DOLLAR STORES
FDO
| $46M | 0.05% |
695,900
-235,800
| -25% | -$14.2M |
|
|
SC
379
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $46M | 0.05% |
2,364,626
-1,345,434
| -36% | -$28.7M |
|
380
CALL
JPMorgan Chase
JPM
$970B
| $45.9M | 0.05% |
798,700
+92,900
| +13% | +$5.22M |
|
381
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$6.29B
| $45.9M | 0.05% |
28,485,000
-5,085,000
| -15% | -$10.2M |
|
382
Vail Resorts
MTN
$5.22B
| $45.9M | 0.05% |
594,883
+553,400
| +1,334% | +$38.8M |
|
383
PUT
Caterpillar
CAT
$396B
| $45.8M | 0.05% |
421,400
-161,400
| -28% | -$16.9M |
|
|
X
384
DELISTED
US Steel
X
| $45.8M | 0.05% |
1,758,565
-795,197
| -31% | -$20.3M |
|
385
ON Semiconductor
ON
$32.4B
| $45.8M | 0.05% |
5,008,351
-5,910,204
| -54% | -$53.8M |
|
386
PUT
Intuitive Surgical
ISRG
$141B
| $45.5M | 0.05% |
994,500
-243,000
| -20% | -$10.7M |
|
387
Lennox International
LII
$14.6B
| $45.5M | 0.05% |
507,423
+168,802
| +50% | +$14.7M |
|
388
PUT
Qualcomm
QCOM
$170B
| $45.4M | 0.05% |
572,700
-82,500
| -13% | -$6.56M |
|
389
PUT
Johnson & Johnson
JNJ
$626B
| $45.3M | 0.05% |
432,600
-144,800
| -25% | -$14.6M |
|
390
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.1B
| $45.2M | 0.05% |
173,500
+28,100
| +19% | +$7.03M |
|
391
Western Alliance Bancorporation
WAL
$8.9B
| $45.2M | 0.05% |
1,898,294
+568,724
| +43% | +$13.4M |
|
|
392
CALL
Caterpillar
CAT
$396B
| $45.2M | 0.05% |
415,500
-322,200
| -44% | -$33.8M |
|
|
ANN
393
DELISTED
ANN INC
ANN
| $44.8M | 0.05% |
1,087,849
+1,037,516
| +2,061% | +$41.4M |
|
|
394
PUT
JPMorgan Chase
JPM
$970B
| $44.7M | 0.05% |
776,900
+98,900
| +15% | +$5.56M |
|
395
CALL
AT&T
T
$167B
| $44.7M | 0.05% |
1,672,874
-273,671
| -14% | -$7.33M |
|
|
PRA
396
DELISTED
ProAssurance
PRA
| $44.5M | 0.05% |
1,002,954
-60,363
| -6% | -$2.7M |
|
397
McDonald's
MCD
$193B
| $44.5M | 0.05% |
441,360
-703,126
| -61% | -$71M |
|
|
HTS
398
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $44.4M | 0.05% |
2,241,842
-516,631
| -19% | -$10.2M |
|
399
CALL
State Street SPDR NYSE Technology ETF
XNTK
$2.26B
| $44.4M | 0.05% |
1,553,400
-896,800
| -37% | -$41.3M |
|
|
SBNY
400
DELISTED
Signature Bank
SBNY
| $44.4M | 0.05% |
351,655
+346,125
| +6,259% | +$41.6M |
|
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.