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 | |
|---|---|---|---|---|---|---|
4201
Banco Santander Chile
BSAC
$16.3B
| $536K | ﹤0.01% |
20,266
-53,420
| -72% | -$1.33M |
|
|
LOCK
4202
CALL
DELISTED
LifeLock, Inc.
LOCK
| $535K | ﹤0.01% |
38,300
-300
| -0.8% | -$4.1K |
|
4203
iShares TIPS Bond ETF
TIP
$14.7B
| $534K | ﹤0.01% |
4,627
-5,266
| -53% | -$600K |
|
|
WCN
4204
Waste Connections
WCN
$41.8B
| $534K | ﹤0.01% |
16,491
-96,708
| -85% | -$2.91M |
|
4205
Comfort Systems
FIX
$62.4B
| $533K | ﹤0.01% |
33,689
-19,496
| -37% | -$305K |
|
4206
PUT
Manulife Financial
MFC
$73.8B
| $531K | ﹤0.01% |
26,700
+12,400
| +87% | +$234K |
|
|
TGP
4207
PUT
DELISTED
Teekay LNG Partners L.P.
TGP
| $531K | ﹤0.01% |
11,500
-3,400
| -23% | -$149K |
|
|
LM
4208
DELISTED
Legg Mason, Inc.
LM
| $531K | ﹤0.01% |
10,357
+2,409
| +30% | +$116K |
|
|
RNF
4209
DELISTED
RENTECH NITROGEN PARTNERS, L.P. INT
RNF
| $531K | ﹤0.01% |
31,257
-7,817
| -20% | -$133K |
|
4210
Wendy's
WEN
$1.65B
| $530K | ﹤0.01% |
62,119
+1,626
| +3% | +$13.7K |
|
4211
CALL
Anika Therapeutics
ANIK
$288M
| $528K | ﹤0.01% |
11,400
| – | – |
|
4212
Healthcare Realty
HR
$6.6B
| $528K | ﹤0.01% |
21,923
-280,299
| -93% | -$6.68M |
|
4213
CALL
OSI Systems
OSIS
$3.76B
| $527K | ﹤0.01% |
7,900
-9,100
| -54% | -$543K |
|
|
HZNP
4214
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $527K | ﹤0.01% |
33,300
+4,400
| +15% | +$62.8K |
|
|
SFY
4215
CALL
DELISTED
SWIFT ENERGY CO (HOLDING COMPANY)
SFY
| $527K | ﹤0.01% |
40,600
+1,900
| +5% | +$21.7K |
|
4216
CALL
Live Nation Entertainment
LYV
$43.9B
| $526K | ﹤0.01% |
21,300
-6,600
| -24% | -$148K |
|
4217
PUT
Church & Dwight Co
CHD
$24B
| $525K | ﹤0.01% |
15,000
+8,200
| +121% | +$282K |
|
|
PPO
4218
CALL
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $525K | ﹤0.01% |
11,000
-4,700
| -30% | -$193K |
|
4219
CVR Partners
UAN
$1.31B
| $524K | ﹤0.01% |
2,805
+1,277
| +84% | +$253K |
|
4220
CALL
Xylem
XYL
$27.9B
| $524K | ﹤0.01% |
13,400
+10,200
| +319% | +$381K |
|
4221
Heartland Express
HTLD
$989M
| $523K | ﹤0.01% |
24,516
-16,473
| -40% | -$356K |
|
|
TGP
4222
DELISTED
Teekay LNG Partners L.P.
TGP
| $523K | ﹤0.01% |
11,327
-836
| -7% | -$36.7K |
|
4223
PUT
Archrock
AROC
$6.08B
| $522K | ﹤0.01% |
11,600
-1,500
| -11% | -$64.8K |
|
|
CVD
4224
CALL
DELISTED
COVANCE INC.
CVD
| $522K | ﹤0.01% |
6,100
-2,800
| -31% | -$249K |
|
4225
PUT
Allegion
ALLE
$14B
| $521K | ﹤0.01% |
9,200
-1,800
| -16% | -$94.7K |
|
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.