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 | |
|---|---|---|---|---|---|---|
526
CALL
Berkshire Hathaway Class B
BRK.B
$1.09T
| $31.8M | 0.04% |
251,500
-50,000
| -17% | -$6.33M |
|
|
527
PUT
Wells Fargo
WFC
$266B
| $31.7M | 0.04% |
603,200
-17,700
| -3% | -$890K |
|
|
GPOR
528
CALL
DELISTED
Gulfport Energy Corp.
GPOR
| $31.6M | 0.04% |
503,800
+439,600
| +685% | +$29.5M |
|
|
TMX
529
DELISTED
Terminix Global Holdings, Inc.
TMX
| $31.6M | 0.04% |
+2,585,913
| New | +$31.7M |
|
530
Abbott
ABT
$193B
| $31.5M | 0.04% |
771,302
+263,725
| +52% | +$10.4M |
|
|
531
PUT
Berkshire Hathaway Class B
BRK.B
$1.09T
| $31.5M | 0.04% |
248,600
-4,300
| -2% | -$544K |
|
532
Hovnanian Enterprises
HOV
$799M
| $31.4M | 0.04% |
243,783
+223,841
| +1,122% | +$25.7M |
|
|
PPLI
533
People Inc
PPLI
$3.01B
| $31.3M | 0.04% |
2,531,491
-2,760,858
| -52% | -$33.1M |
|
534
CALL
Newmont
NEM
$120B
| $31.1M | 0.04% |
1,222,000
+682,100
| +126% | +$16.4M |
|
535
CALL
American International
AIG
$39.8B
| $31.1M | 0.04% |
569,500
+65,600
| +13% | +$3.47M |
|
|
QVCGA
536
DELISTED
QVC Group Inc Series A
QVCGA
| $31.1M | 0.04% |
25,768
-1,375
| -5% | -$1.64M |
|
|
PVA
537
DELISTED
PENN VIRGINIA CORP
PVA
| $31.1M | 0.04% |
1,832,205
-2,610,217
| -59% | -$41.4M |
|
538
Bank of Hawaii
BOH
$3.15B
| $31M | 0.04% |
528,491
-260,914
| -33% | -$14.9M |
|
539
CALL
Visa
V
$682B
| $31M | 0.04% |
588,800
-583,200
| -50% | -$30.5M |
|
|
540
CALL
Wells Fargo
WFC
$266B
| $31M | 0.04% |
589,800
-204,000
| -26% | -$10.3M |
|
|
TWTC
541
DELISTED
TW TELECOM INC CL A COM
TWTC
| $30.9M | 0.04% |
767,091
-444,803
| -37% | -$14.7M |
|
542
CALL
Tapestry
TPR
$25.9B
| $30.9M | 0.04% |
904,300
+676,200
| +296% | +$29M |
|
|
LVLT
543
DELISTED
Level 3 Communications Inc
LVLT
| $30.8M | 0.04% |
702,255
+4,511
| +0.6% | +$189K |
|
544
PUT
Trinity Industries
TRN
$2.34B
| $30.8M | 0.04% |
977,856
+768,395
| +367% | +$21.8M |
|
545
Golar LNG
GLNG
$5.21B
| $30.8M | 0.04% |
511,949
-11,351
| -2% | -$532K |
|
546
Hain Celestial
HAIN
$53.9M
| $30.7M | 0.04% |
692,540
+418,550
| +153% | +$18.6M |
|
547
CALL
Micron Technology
MU
$1.07T
| $30.7M | 0.04% |
932,200
+266,400
| +40% | +$7.26M |
|
548
Quest Diagnostics
DGX
$26.1B
| $30.7M | 0.04% |
522,571
+296,197
| +131% | +$17.3M |
|
|
TRW
549
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $30.7M | 0.04% |
342,514
+127,285
| +59% | +$10.6M |
|
550
PUT
Helmerich & Payne
HP
$4.3B
| $30.6M | 0.04% |
263,700
+217,600
| +472% | +$23.8M |
|
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.