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 | |
|---|---|---|---|---|---|---|
|
LNW
4701
PUT
DELISTED
Light & Wonder
LNW
| $360K | ﹤0.01% |
32,400
+31,200
| +2,600% | +$337K |
|
|
SFLY
4702
DELISTED
Shutterfly, Inc.
SFLY
| $360K | ﹤0.01% |
8,372
-13,758
| -62% | -$563K |
|
4703
CALL
Genesis Energy
GEL
$1.93B
| $359K | ﹤0.01% |
6,400
+1,500
| +31% | +$82.9K |
|
4704
CALL
Hovnanian Enterprises
HOV
$785M
| $359K | ﹤0.01% |
2,788
+1,012
| +57% | +$116K |
|
|
CSOD
4705
PUT
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $359K | ﹤0.01% |
7,800
-3,500
| -31% | -$142K |
|
|
PERY
4706
DELISTED
Perry Ellis International Inc
PERY
| $359K | ﹤0.01% |
20,594
+412
| +2% | +$6.51K |
|
|
RVBD
4707
CALL
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $359K | ﹤0.01% |
17,400
-34,200
| -66% | -$676K |
|
|
HNH
4708
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $359K | ﹤0.01% |
13,411
+1,101
| +9% | +$25.1K |
|
4709
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $358K | ﹤0.01% |
+9,630
| New | +$352K |
|
|
PF
4710
DELISTED
Pinnacle Foods, Inc.
PF
| $358K | ﹤0.01% |
10,883
-3,380,055
| -100% | -$107M |
|
|
WPP
4711
DELISTED
WAUSAU PAPER CORP.
WPP
| $358K | ﹤0.01% |
33,056
+1,385
| +4% | +$15.4K |
|
4712
CALL
PRA Group
PRAA
$776M
| $357K | ﹤0.01% |
6,000
+3,400
| +131% | +$194K |
|
|
TBRG
4713
DELISTED
TruBridge
TBRG
| $357K | ﹤0.01% |
5,600
-14,677
| -72% | -$925K |
|
|
ORBC
4714
DELISTED
ORBCOMM, Inc.
ORBC
| $357K | ﹤0.01% |
54,180
+31,270
| +136% | +$199K |
|
4715
CALL
Ameren
AEE
$30.4B
| $356K | ﹤0.01% |
8,700
+4,600
| +112% | +$183K |
|
4716
CALL
AeroVironment
AVAV
$9.76B
| $356K | ﹤0.01% |
11,200
-2,000
| -15% | -$67.8K |
|
4717
PUT
L3Harris
LHX
$54.3B
| $356K | ﹤0.01% |
4,700
-5,200
| -53% | -$388K |
|
|
ATML
4718
PUT
DELISTED
ATMEL CORP
ATML
| $356K | ﹤0.01% |
38,000
+29,500
| +347% | +$247K |
|
|
NWLIA
4719
DELISTED
NATL WESTN LIFE INS CO CL A
NWLIA
| $356K | ﹤0.01% |
1,426
-291
| -17% | -$72.6K |
|
|
HMHC
4720
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $355K | ﹤0.01% |
+18,535
| New | +$359K |
|
|
LION
4721
DELISTED
Fidelity Southern Corporation
LION
| $355K | ﹤0.01% |
27,329
+1,694
| +7% | +$22.9K |
|
|
FSL
4722
PUT
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $355K | ﹤0.01% |
15,100
+300
| +2% | +$6.95K |
|
4723
Avista
AVA
$3.28B
| $354K | ﹤0.01% |
10,571
-11,001
| -51% | -$348K |
|
4724
PUT
Exelixis
EXEL
$12.7B
| $354K | ﹤0.01% |
104,500
+27,100
| +35% | +$93.6K |
|
4725
First Trust Natural Gas ETF
FCG
$648M
| $354K | ﹤0.01% |
2,998
+22
| +0.7% | +$2.46K |
|
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.