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 |
Invesco QQQ Trust
QQQ
|
+$293M |
| 2 |
Tyson Foods
TSN
|
+$236M |
| 3 |
JPMorgan Chase
JPM
|
+$236M |
| 4 |
Archer Daniels Midland
ADM
|
+$211M |
| 5 |
LTRPA
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$573M |
| 2 |
Apple
AAPL
|
+$465M |
| 3 |
Invesco
IVZ
|
+$235M |
| 4 |
Visa
V
|
+$219M |
| 5 |
Citigroup
C
|
+$198M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 7.67% |
| 2 | Consumer Discretionary | 7.23% |
| 3 | Energy | 7.11% |
| 4 | Healthcare | 5.3% |
| 5 | Industrials | 5.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
HP
HPQ
$28.6B
| $43.3M | 0.05% |
2,686,979
-4,313,593
| -62% | -$70M |
|
452
Old Dominion Freight Line
ODFL
$44.7B
| $43.2M | 0.05% |
1,833,714
+834,081
| +83% | +$18.4M |
|
|
SNDK
453
PUT
DELISTED
SANDISK CORP
SNDK
| $42.9M | 0.05% |
438,400
+97,600
| +29% | +$9.55M |
|
454
XPO
XPO
$24.7B
| $42.9M | 0.04% |
3,288,981
-3,284,230
| -50% | -$35.9M |
|
455
CALL
Goldman Sachs
GS
$304B
| $42.8M | 0.04% |
233,000
-22,400
| -9% | -$3.93M |
|
456
Monolithic Power Systems
MPWR
$67B
| $42.7M | 0.04% |
970,155
-669,900
| -41% | -$29.5M |
|
|
CFN
457
DELISTED
CAREFUSION CORPORATION
CFN
| $42.7M | 0.04% |
942,575
+525,987
| +126% | +$23.7M |
|
|
WNR
458
DELISTED
Western Refining Inc
WNR
| $42.6M | 0.04% |
1,015,701
-94,090
| -8% | -$4.07M |
|
|
SWN
459
DELISTED
Southwestern Energy Company
SWN
| $42.5M | 0.04% |
1,214,751
-1,449,942
| -54% | -$58M |
|
460
Adobe
ADBE
$108B
| $42.1M | 0.04% |
609,089
+307,637
| +102% | +$21.8M |
|
461
Agilent Technologies
A
$42.2B
| $42M | 0.04% |
1,029,680
-1,863,220
| -64% | -$76.1M |
|
462
PUT
3M
MMM
$94.2B
| $41.9M | 0.04% |
353,896
+145,672
| +70% | +$17.5M |
|
|
GMCR
463
PUT
DELISTED
KEURIG GREEN MTN INC
GMCR
| $41.8M | 0.04% |
321,500
-147,300
| -31% | -$18.4M |
|
464
PUT
Verizon
VZ
$200B
| $41.6M | 0.04% |
831,200
+209,600
| +34% | +$10.4M |
|
|
WPX
465
DELISTED
WPX Energy, Inc.
WPX
| $41.5M | 0.04% |
1,725,867
-1,399,905
| -45% | -$33.1M |
|
|
VIAB
466
DELISTED
Viacom Inc. Class B
VIAB
| $41.5M | 0.04% |
539,540
+50,312
| +10% | +$4.14M |
|
|
WMGI
467
DELISTED
Wright Medical Group Inc
WMGI
| $41.5M | 0.04% |
1,369,698
+581,925
| +74% | +$17.9M |
|
468
PUT
Union Pacific
UNP
$177B
| $41.4M | 0.04% |
381,500
-48,600
| -11% | -$5.03M |
|
469
CALL
Las Vegas Sands
LVS
$29.6B
| $41.3M | 0.04% |
664,000
-31,900
| -5% | -$2.19M |
|
|
PNRA
470
DELISTED
Panera Bread Co
PNRA
| $41.3M | 0.04% |
253,716
+161,324
| +175% | +$24.3M |
|
|
IM
471
DELISTED
Ingram Micro
IM
| $41.2M | 0.04% |
1,596,064
+909,219
| +132% | +$25.8M |
|
472
PUT
Nike
NKE
$61.2B
| $41.2M | 0.04% |
922,800
+464,600
| +101% | +$18.4M |
|
473
PUT
AutoZone
AZO
$49.6B
| $40.9M | 0.04% |
80,300
+12,300
| +18% | +$6.48M |
|
474
Xerox
XRX
$412M
| $40.9M | 0.04% |
1,173,835
+890,228
| +314% | +$31.1M |
|
|
HCC
475
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $40.8M | 0.04% |
845,809
-143,529
| -15% | -$6.98M |
|
Similar funds
Ken Griffin's Q3 2014 Portfolio in Review
As of Q3 2014, Ken Griffin held 8,903 positions worth $95.5B, up 9.4% from $87.3B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Ken Griffin deployed $4.75B of net new capital in Q3 2014, opening 941 new positions and adding to 3,966 existing holdings. Its largest new stake was Liberty TripAdvisor Holdings, Inc. Series A: 5,382,881 shares worth $182M.
By sector, the portfolio is most concentrated in Financials at 7.7% of assets, down from 8.1% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $573M trimmed.
- Ken Griffin's largest Q3 2014 buy was Liberty TripAdvisor Holdings, Inc. Series A: 5,382,881 shares worth $182M.
- Ken Griffin added most to Invesco QQQ Trust in Q3 2014, an estimated $293M increase.
- Ken Griffin's biggest Q3 2014 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $573M.
- Ken Griffin fully exited INTERMUNE INC in Q3 2014, selling an estimated $52.7M.
- Ken Griffin's ten largest holdings make up 16% of its $95.5B portfolio in Q3 2014.
- Ken Griffin opened 941 new positions and closed 819 in Q3 2014.
- Ken Griffin's portfolio value rose 9.4% quarter-over-quarter to $95.5B.
Based on Citadel Advisors's 13F filing for Q3 2014, filed 14 Nov 2014.