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 | |
|---|---|---|---|---|---|---|
626
Crown Holdings
CCK
$12.9B
| $25.8M | 0.03% |
517,669
+329,038
| +174% | +$15.8M |
|
|
AGN
627
CALL
DELISTED
Allergan Inc
AGN
| $25.8M | 0.03% |
152,200
+32,000
| +27% | +$4.98M |
|
|
GRUB
628
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $25.7M | 0.03% |
+363,370
| New | +$24.5M |
|
629
Kinder Morgan
KMI
$71.4B
| $25.5M | 0.03% |
704,471
-1,542,331
| -69% | -$52.1M |
|
|
AHL
630
DELISTED
ASPEN Insurance Holding Limited
AHL
| $25.5M | 0.03% |
561,296
-335,636
| -37% | -$15M |
|
|
SRC
631
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $25.5M | 0.03% |
500,421
+455,609
| +1,017% | +$22.6M |
|
632
PUT
Amgen
AMGN
$226B
| $25.4M | 0.03% |
214,900
-95,500
| -31% | -$11.1M |
|
633
PUT
Halliburton
HAL
$27.4B
| $25.4M | 0.03% |
357,800
-55,700
| -13% | -$3.57M |
|
634
PUT
Comcast
CMCSA
$92.9B
| $25.4M | 0.03% |
945,600
-176,800
| -16% | -$4.54M |
|
635
Stanley Black & Decker
SWK
$15.4B
| $25.4M | 0.03% |
288,709
+146,597
| +103% | +$12.5M |
|
636
BlackBerry
BB
$5.27B
| $25.2M | 0.03% |
2,460,356
-347,993
| -12% | -$2.74M |
|
|
PPS
637
DELISTED
Post Properties
PPS
| $25.1M | 0.03% |
469,615
-366,815
| -44% | -$18.8M |
|
638
NRG Energy
NRG
$25.2B
| $25.1M | 0.03% |
674,553
-631,299
| -48% | -$21.7M |
|
|
QIHU
639
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $25.1M | 0.03% |
272,229
+158,989
| +140% | +$14M |
|
640
PUT
3M
MMM
$94.2B
| $24.9M | 0.03% |
208,224
-41,620
| -17% | -$4.89M |
|
641
Invesco Mortgage Capital
IVR
$805M
| $24.9M | 0.03% |
143,530
-201,091
| -58% | -$34.4M |
|
|
642
CALL
Verizon
VZ
$200B
| $24.7M | 0.03% |
505,600
-993,300
| -66% | -$48.1M |
|
|
WMGI
643
DELISTED
Wright Medical Group Inc
WMGI
| $24.7M | 0.03% |
787,773
-681,534
| -46% | -$20.4M |
|
|
CAB
644
DELISTED
Cabela's Inc
CAB
| $24.6M | 0.03% |
394,605
-37,900
| -9% | -$2.4M |
|
645
Bruker
BRKR
$8.83B
| $24.6M | 0.03% |
1,011,699
+926,434
| +1,087% | +$20.1M |
|
646
Check Point Software Technologies
CHKP
$13.7B
| $24.5M | 0.03% |
365,510
+156,573
| +75% | +$10.3M |
|
647
Commerce Bancshares
CBSH
$8.61B
| $24.4M | 0.03% |
944,186
-448,190
| -32% | -$11.1M |
|
648
PUT
Starbucks
SBUX
$124B
| $24.4M | 0.03% |
631,800
-943,200
| -60% | -$34.3M |
|
|
AGN
649
PUT
DELISTED
Allergan plc
AGN
| $24.4M | 0.03% |
109,500
-28,600
| -21% | -$5.92M |
|
650
CNA Financial
CNA
$13.8B
| $24.4M | 0.03% |
603,551
+601,773
| +33,846% | +$24.7M |
|
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.