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 | |
|---|---|---|---|---|---|---|
501
BHP
BHP
$222B
| $33.7M | 0.04% |
581,943
+215,545
| +59% | +$12.7M |
|
|
JNS
502
PUT
DELISTED
Janus Capital Group Inc
JNS
| $33.6M | 0.04% |
2,694,300
+2,689,100
| +51,713% | +$31.6M |
|
|
MIK
503
DELISTED
Michaels Stores, Inc
MIK
| $33.6M | 0.04% |
+1,969,758
| New | +$33.6M |
|
504
CALL
eBay
EBAY
$46.3B
| $33.5M | 0.04% |
1,589,782
-473,299
| -23% | -$10.3M |
|
505
Bunge Global
BG
$21.6B
| $33.5M | 0.04% |
442,641
+292,567
| +195% | +$22.6M |
|
|
HK
506
DELISTED
Halcon Resources Corporation
HK
| $33.4M | 0.04% |
26,612
+26,427
| +14,285% | +$26.3M |
|
507
PUT
Valero Energy
VLO
$97.8B
| $33.4M | 0.04% |
665,800
+192,200
| +41% | +$10.6M |
|
|
MXIM
508
DELISTED
Maxim Integrated Products
MXIM
| $33.3M | 0.04% |
986,032
-929,793
| -49% | -$31M |
|
509
CALL
Qualcomm
QCOM
$173B
| $33.3M | 0.04% |
420,600
-761,400
| -64% | -$60.5M |
|
510
Aramark
ARMK
$16.2B
| $33.2M | 0.04% |
1,778,862
+882,660
| +98% | +$17.2M |
|
511
KB Home
KBH
$3.44B
| $33.2M | 0.04% |
1,779,103
-2,937,578
| -62% | -$49.2M |
|
512
American International
AIG
$39.8B
| $33M | 0.04% |
604,950
-1,514,353
| -71% | -$80.2M |
|
513
PUT
Intel
INTC
$531B
| $32.9M | 0.04% |
1,066,200
-6,400
| -0.6% | -$175K |
|
514
PUT
Deere & Co
DE
$165B
| $32.9M | 0.04% |
363,000
+205,200
| +130% | +$18.9M |
|
|
RICE
515
CALL
DELISTED
Rice Energy Inc.
RICE
| $32.8M | 0.04% |
1,077,300
+1,074,300
| +35,810% | +$32.5M |
|
|
WBA
516
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $32.6M | 0.04% |
439,500
+90,900
| +26% | +$6.35M |
|
517
Manitowoc
MTW
$739M
| $32.6M | 0.04% |
1,093,969
+570,798
| +109% | +$15.2M |
|
|
SCTY
518
PUT
DELISTED
SolarCity Corporation
SCTY
| $32.4M | 0.04% |
459,400
+11,800
| +3% | +$663K |
|
519
Analog Devices
ADI
$186B
| $32.4M | 0.04% |
599,046
-1,597,971
| -73% | -$84.6M |
|
|
APC
520
PUT
DELISTED
Anadarko Petroleum
APC
| $32.1M | 0.04% |
293,600
+74,500
| +34% | +$7.58M |
|
|
BAS
521
DELISTED
Basis Energy Services, Inc.
BAS
| $32.1M | 0.04% |
1,927
+1,401
| +266% | +$21.3M |
|
522
PUT
Walt Disney
DIS
$180B
| $32M | 0.04% |
373,200
-63,200
| -14% | -$5.16M |
|
523
CALL
Expedia Group
EXPE
$39.4B
| $31.9M | 0.04% |
405,100
+268,700
| +197% | +$19.6M |
|
524
AGCO
AGCO
$6.98B
| $31.9M | 0.04% |
567,141
-316,453
| -36% | -$17.5M |
|
525
CALL
Halliburton
HAL
$27.4B
| $31.9M | 0.04% |
448,600
-229,000
| -34% | -$14.7M |
|
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.