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 | |
|---|---|---|---|---|---|---|
|
ACHN
4301
CALL
DELISTED
Achillion Pharmaceuticals
ACHN
| $496K | ﹤0.01% |
65,500
+25,900
| +65% | +$103K |
|
4302
PUT
TechnipFMC
FTI
$30.8B
| $495K | ﹤0.01% |
10,886
-672
| -6% | -$28.5K |
|
|
CYT
4303
CALL
DELISTED
CYTEC INDS INC
CYT
| $495K | ﹤0.01% |
9,400
-10,000
| -52% | -$494K |
|
|
IGTE
4304
DELISTED
IGATE CORPORATION
IGTE
| $495K | ﹤0.01% |
13,596
-73,825
| -84% | -$2.58M |
|
|
COBZ
4305
DELISTED
CoBiz Financial,Inc
COBZ
| $495K | ﹤0.01% |
45,962
+34,619
| +305% | +$366K |
|
4306
CALL
AllianceBernstein
AB
$3.41B
| $494K | ﹤0.01% |
19,100
+9,700
| +103% | +$242K |
|
|
BPT
4307
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $494K | ﹤0.01% |
4,993
-5,816
| -54% | -$529K |
|
|
STRZA
4308
CALL
DELISTED
Starz - Series A
STRZA
| $494K | ﹤0.01% |
16,600
+5,100
| +44% | +$156K |
|
|
IRE
4309
DELISTED
GOVERNOR-BK OF IRELND ADS NEW
IRE
| $494K | ﹤0.01% |
35,529
-7,741
| -18% | -$125K |
|
4310
VanEck Biotech ETF
BBH
$424M
| $493K | ﹤0.01% |
+5,172
| New | +$464K |
|
4311
PUT
Entergy
ETR
$50.3B
| $493K | ﹤0.01% |
12,000
-600
| -5% | -$22.4K |
|
|
FCS
4312
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $493K | ﹤0.01% |
31,619
-74,401
| -70% | -$1.05M |
|
|
RENT
4313
CALL
DELISTED
RENTRAK CORP
RENT
| $493K | ﹤0.01% |
9,400
+4,800
| +104% | +$254K |
|
|
AUQ
4314
DELISTED
AURICO GOLD INC COM
AUQ
| $493K | ﹤0.01% |
115,718
+69,596
| +151% | +$282K |
|
4315
Old Republic International
ORI
$10.3B
| $492K | ﹤0.01% |
29,773
-327,711
| -92% | -$5.47M |
|
|
SONC
4316
PUT
DELISTED
Sonic Corp
SONC
| $492K | ﹤0.01% |
22,300
+19,500
| +696% | +$412K |
|
|
PL
4317
PUT
DELISTED
PROTECTIVE LIFE CORP
PL
| $492K | ﹤0.01% |
7,100
+600
| +9% | +$34.2K |
|
4318
Broadridge
BR
$19.5B
| $490K | ﹤0.01% |
11,777
-103,723
| -90% | -$4.06M |
|
4319
CALL
Coeur Mining
CDE
$19.3B
| $490K | ﹤0.01% |
53,400
-200
| -0.4% | -$1.64K |
|
4320
CALL
PBF Energy
PBF
$8.52B
| $490K | ﹤0.01% |
18,400
+8,100
| +79% | +$240K |
|
|
ARG
4321
PUT
DELISTED
Airgas Inc
ARG
| $490K | ﹤0.01% |
4,500
-600
| -12% | -$64.1K |
|
4322
PUT
Ares Capital
ARCC
$14.3B
| $489K | ﹤0.01% |
27,400
-2,000
| -7% | -$34.4K |
|
4323
Pilgrim's Pride
PPC
$6.64B
| $489K | ﹤0.01% |
17,886
-32,768
| -65% | -$778K |
|
|
CPHD
4324
CALL
DELISTED
Cepheid Inc
CPHD
| $489K | ﹤0.01% |
10,200
+5,100
| +100% | +$231K |
|
|
SNV
4325
CALL
DELISTED
Synovus
SNV
| $488K | ﹤0.01% |
20,000
+16,857
| +536% | +$393K |
|
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.