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 | |
|---|---|---|---|---|---|---|
|
JIVE
5576
CALL
DELISTED
Jive Software, Inc.
JIVE
| $180K | ﹤0.01% |
21,200
-11,200
| -35% | -$88.6K |
|
|
PTX
5577
PUT
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $180K | ﹤0.01% |
+2,000
| New | +$123K |
|
|
HMIN
5578
DELISTED
HOMEINNS HOTEL GROUP SPONSORED ADR
HMIN
| $180K | ﹤0.01% |
5,270
-14,295
| -73% | -$448K |
|
5579
PUT
ACI Worldwide
ACIW
$5.4B
| $179K | ﹤0.01% |
9,600
-3,900
| -29% | -$72.6K |
|
5580
Clear Channel Outdoor Holdings
CCO
$1.19B
| $179K | ﹤0.01% |
21,901
+2,435
| +13% | +$20.1K |
|
5581
FMC
FMC
$1.27B
| $179K | ﹤0.01% |
2,906
-49,768
| -94% | -$3.25M |
|
5582
CALL
Universal Insurance Holdings
UVE
$1.2B
| $179K | ﹤0.01% |
13,800
+1,400
| +11% | +$18.4K |
|
|
ACHN
5583
PUT
DELISTED
Achillion Pharmaceuticals
ACHN
| $179K | ﹤0.01% |
23,600
+12,900
| +121% | +$51.5K |
|
5584
CALL
Cincinnati Financial
CINF
$26.6B
| $178K | ﹤0.01% |
3,700
-500
| -12% | -$24.3K |
|
5585
CALL
Itron
ITRI
$4.45B
| $178K | ﹤0.01% |
4,400
-800
| -15% | -$30.4K |
|
5586
CALL
Vishay Intertechnology
VSH
$5.38B
| $178K | ﹤0.01% |
11,500
+8,600
| +297% | +$128K |
|
|
CZZ
5587
DELISTED
Cosan Limited
CZZ
| $178K | ﹤0.01% |
13,094
-182,030
| -93% | -$2.32M |
|
|
TEG
5588
CALL
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $178K | ﹤0.01% |
+2,500
| New | +$150K |
|
|
BLDP
5589
CALL
Ballard Power Systems
BLDP
$814M
| $177K | ﹤0.01% |
42,900
-24,100
| -36% | -$89.7K |
|
|
MTEM
5590
DELISTED
Molecular Templates, Inc.
MTEM
| $177K | ﹤0.01% |
272
+83
| +44% | +$55K |
|
|
CLD
5591
CALL
DELISTED
Cloud Peak Energy Inc
CLD
| $177K | ﹤0.01% |
9,600
-8,400
| -47% | -$165K |
|
|
DYN
5592
PUT
DELISTED
Dynegy, Inc.
DYN
| $177K | ﹤0.01% |
+5,100
| New | +$158K |
|
5593
PUT
Coty
COTY
$2.51B
| $176K | ﹤0.01% |
+10,300
| New | +$167K |
|
5594
PUT
Hilltop Holdings
HTH
$2.27B
| $176K | ﹤0.01% |
8,300
+7,300
| +730% | +$160K |
|
5595
CALL
Hexcel
HXL
$7.87B
| $176K | ﹤0.01% |
4,300
-1,200
| -22% | -$49.9K |
|
|
EGLE
5596
CALL
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $176K | ﹤0.01% |
22
-11
| -33% | -$95.8K |
|
5597
Badger Meter
BMI
$3.79B
| $175K | ﹤0.01% |
6,664
+1,348
| +25% | +$34.5K |
|
5598
Dawson Geophysical
DWSN
$99.1M
| $175K | ﹤0.01% |
+11,260
| New | +$162K |
|
5599
CALL
Lincoln Electric
LECO
$15.6B
| $175K | ﹤0.01% |
2,500
+1,000
| +67% | +$67.8K |
|
|
SF
5600
PUT
Stifel
SF
$12.9B
| $175K | ﹤0.01% |
8,325
+4,275
| +106% | +$88.1K |
|
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.