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 | |
|---|---|---|---|---|---|---|
451
PUT
VanEck Gold Miners ETF
GDX
$27.9B
| $38.4M | 0.04% |
1,204,800
-129,100
| -10% | -$3.1M |
|
452
PUT
Walmart Inc
WMT
$915B
| $38.3M | 0.04% |
1,529,700
+658,500
| +76% | +$16.9M |
|
453
CALL
Intel
INTC
$508B
| $38.2M | 0.04% |
1,234,800
-175,400
| -12% | -$4.81M |
|
|
BERY
454
DELISTED
Berry Global Group, Inc.
BERY
| $38.1M | 0.04% |
1,606,471
+784,658
| +95% | +$17.1M |
|
|
MWV
455
DELISTED
MEADWESTVACO CORP
MWV
| $37.8M | 0.04% |
853,172
-957,833
| -53% | -$38.9M |
|
456
PUT
Delta Air Lines
DAL
$59B
| $37.7M | 0.04% |
972,700
+514,500
| +112% | +$19.4M |
|
457
Amazon
AMZN
$2.89T
| $37.7M | 0.04% |
2,319,060
-609,900
| -21% | -$9.65M |
|
458
NextEra Energy
NEE
$179B
| $37.5M | 0.04% |
1,464,956
+178,808
| +14% | +$4.35M |
|
459
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.64B
| $37.4M | 0.04% |
1,060,600
-911,000
| -46% | -$22M |
|
460
PUT
Las Vegas Sands
LVS
$29.6B
| $37.3M | 0.04% |
488,900
+26,200
| +6% | +$1.99M |
|
461
PUT
Regeneron Pharmaceuticals
REGN
$82B
| $37.1M | 0.04% |
131,400
+2,200
| +2% | +$652K |
|
|
APC
462
CALL
DELISTED
Anadarko Petroleum
APC
| $37.1M | 0.04% |
339,000
-713,000
| -68% | -$72.6M |
|
|
LO
463
DELISTED
LORILLARD INC COM STK
LO
| $37.1M | 0.04% |
608,331
+125,346
| +26% | +$7.29M |
|
464
PUT
Oracle
ORCL
$432B
| $36.7M | 0.04% |
905,000
+496,100
| +121% | +$20.4M |
|
465
CALL
Whirlpool
WHR
$2.78B
| $36.5M | 0.04% |
262,300
+234,100
| +830% | +$34.4M |
|
466
PUT
AutoZone
AZO
$49.5B
| $36.5M | 0.04% |
68,000
+15,900
| +31% | +$8.41M |
|
|
SCTY
467
CALL
DELISTED
SolarCity Corporation
SCTY
| $36.4M | 0.04% |
515,900
+28,100
| +6% | +$1.58M |
|
|
WBC
468
DELISTED
WABCO HOLDINGS INC.
WBC
| $36.1M | 0.04% |
338,365
-223,619
| -40% | -$24M |
|
469
JB Hunt Transport Services
JBHT
$25.7B
| $36M | 0.04% |
488,497
-10,286
| -2% | -$780K |
|
|
PPL
470
PPL Corp
PPL
$26.5B
| $36M | 0.04% |
1,087,970
+190,589
| +21% | +$6.01M |
|
471
Northern Trust
NTRS
$34.9B
| $35.9M | 0.04% |
559,769
-207,174
| -27% | -$12.8M |
|
472
Allison Transmission
ALSN
$10.1B
| $35.7M | 0.04% |
1,147,259
+981,606
| +593% | +$29.6M |
|
473
PUT
Herbalife
HLF
$1.23B
| $35.7M | 0.04% |
1,105,000
+370,000
| +50% | +$11.3M |
|
|
SNDK
474
PUT
DELISTED
SANDISK CORP
SNDK
| $35.6M | 0.04% |
340,800
+84,000
| +33% | +$7.63M |
|
475
SPX Corp
SPXC
$10.9B
| $35.6M | 0.04% |
1,305,264
-327,603
| -20% | -$8.51M |
|
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.