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 | |
|---|---|---|---|---|---|---|
4151
Turkcell
TKC
$4.75B
| $558K | ﹤0.01% |
+35,798
| New | +$529K |
|
|
ARNA
4152
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $558K | ﹤0.01% |
9,528
+849
| +10% | +$53.5K |
|
4153
CALL
Halozyme
HALO
$11.2B
| $557K | ﹤0.01% |
56,400
+27,600
| +96% | +$234K |
|
4154
PUT
National Fuel Gas
NFG
$7.79B
| $556K | ﹤0.01% |
7,100
-5,800
| -45% | -$428K |
|
4155
CALL
Ironwood Pharmaceuticals
IRWD
$712M
| $555K | ﹤0.01% |
43,223
+36,178
| +514% | +$393K |
|
|
SA
4156
PUT
Seabridge Gold
SA
$3.62B
| $555K | ﹤0.01% |
59,200
+23,700
| +67% | +$187K |
|
4157
Snap-on
SNA
$20.9B
| $555K | ﹤0.01% |
4,683
-393,286
| -99% | -$45.5M |
|
4158
STMicroelectronics
STM
$48.5B
| $555K | ﹤0.01% |
62,443
-7,516
| -11% | -$70.4K |
|
4159
PUT
St. Joe Company
JOE
$3.89B
| $554K | ﹤0.01% |
21,800
+9,300
| +74% | +$200K |
|
4160
PUT
Noodles & Co
NDLS
$107M
| $554K | ﹤0.01% |
2,013
+100
| +5% | +$27.5K |
|
4161
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $554K | ﹤0.01% |
13,000
-300
| -2% | -$12.6K |
|
|
CAMP
4162
PUT
DELISTED
CalAmp Corp.
CAMP
| $554K | ﹤0.01% |
1,113
+191
| +21% | +$89.7K |
|
|
XIV
4163
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $554K | ﹤0.01% |
+12,306
| New | +$451K |
|
|
IPHI
4164
DELISTED
INPHI CORPORATION
IPHI
| $552K | ﹤0.01% |
37,662
-41,162
| -52% | -$619K |
|
|
CHSP
4165
DELISTED
Chesapeake Lodging Trust
CHSP
| $552K | ﹤0.01% |
18,280
-72,837
| -80% | -$2.06M |
|
|
SCLN
4166
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $552K | ﹤0.01% |
105,054
-85,604
| -45% | -$417K |
|
|
WIRE
4167
DELISTED
Encore Wire Corp
WIRE
| $551K | ﹤0.01% |
11,239
-16,312
| -59% | -$793K |
|
|
SALE
4168
CALL
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $551K | ﹤0.01% |
20,700
-22,300
| -52% | -$648K |
|
|
4169
CALL
Noodles & Co
NDLS
$107M
| $550K | ﹤0.01% |
2,000
-363
| -15% | -$99.7K |
|
|
FLTX
4170
DELISTED
Fleetmatics Group PLC
FLTX
| $550K | ﹤0.01% |
17,025
-3,295
| -16% | -$101K |
|
|
CNVR
4171
CALL
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $549K | ﹤0.01% |
21,600
+1,600
| +8% | +$39.9K |
|
4172
Arq
ARQ
$102M
| $548K | ﹤0.01% |
23,911
-12,687
| -35% | -$282K |
|
|
NYRT
4173
DELISTED
New York REIT, Inc.
NYRT
| $547K | ﹤0.01% |
+4,947
| New | +$544K |
|
4174
CALL
Henry Schein
HSIC
$10B
| $546K | ﹤0.01% |
11,730
-255
| -2% | -$11.7K |
|
4175
CALL
Quanta Services
PWR
$103B
| $546K | ﹤0.01% |
15,800
-24,300
| -61% | -$841K |
|
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.