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 | |
|---|---|---|---|---|---|---|
676
PUT
Pfizer
PFE
$153B
| $22.8M | 0.03% |
811,369
-225,662
| -22% | -$6.43M |
|
|
MFA
677
MFA Financial
MFA
$931M
| $22.8M | 0.03% |
693,893
-161,673
| -19% | -$5.23M |
|
678
CMS Energy
CMS
$22.1B
| $22.8M | 0.03% |
730,469
-889,805
| -55% | -$26.5M |
|
679
ITT
ITT
$19.4B
| $22.7M | 0.03% |
472,764
+196,258
| +71% | +$8.73M |
|
680
Deere & Co
DE
$165B
| $22.7M | 0.03% |
251,076
+35,366
| +16% | +$3.25M |
|
|
WR
681
DELISTED
Westar Energy Inc
WR
| $22.7M | 0.03% |
593,700
-160,792
| -21% | -$5.76M |
|
|
BIG
682
DELISTED
Big Lots, Inc.
BIG
| $22.6M | 0.03% |
495,366
-1,222,977
| -71% | -$49.7M |
|
683
Kinross Gold
KGC
$31.9B
| $22.6M | 0.03% |
5,448,612
+5,015,104
| +1,157% | +$20.4M |
|
684
Werner Enterprises
WERN
$2.31B
| $22.5M | 0.03% |
849,278
+482,048
| +131% | +$12.5M |
|
685
PUT
DuPont de Nemours
DD
$19.5B
| $22.5M | 0.03% |
172,405
+1,619
| +0.9% | +$206K |
|
686
Sonoco
SON
$5.77B
| $22.4M | 0.03% |
510,009
+30,633
| +6% | +$1.29M |
|
687
PUT
Coca-Cola
KO
$376B
| $22.4M | 0.03% |
527,800
-109,800
| -17% | -$4.46M |
|
|
688
CALL
Williams Companies
WMB
$89.3B
| $22.3M | 0.03% |
383,800
-7,800
| -2% | -$362K |
|
689
PUT
American Airlines Group
AAL
$9.97B
| $22.3M | 0.03% |
519,800
+273,400
| +111% | +$10.7M |
|
690
CALL
Cummins
CMI
$87B
| $22.3M | 0.03% |
144,700
+15,500
| +12% | +$2.34M |
|
691
Dover
DOV
$27.8B
| $22.3M | 0.03% |
303,825
-459,837
| -60% | -$32.1M |
|
692
Cogent Communications
CCOI
$530M
| $22.2M | 0.03% |
643,955
+76,867
| +14% | +$2.72M |
|
693
Starwood Property Trust
STWD
$6.05B
| $22.2M | 0.03% |
934,361
-699,391
| -43% | -$16.7M |
|
694
PUT
Occidental Petroleum
OXY
$57.7B
| $22.1M | 0.03% |
224,725
+14,091
| +7% | +$1.32M |
|
|
SRCI
695
DELISTED
SRC Energy Inc
SRCI
| $22.1M | 0.03% |
1,667,409
-91,452
| -5% | -$1.06M |
|
696
Steris
STE
$23B
| $22.1M | 0.03% |
413,008
-341,437
| -45% | -$17.6M |
|
697
CALL
Under Armour
UAA
$2.3B
| $22M | 0.03% |
741,000
-2,201,000
| -75% | -$57.8M |
|
698
Core Laboratories
CLB
$569M
| $21.9M | 0.03% |
131,378
+131,314
| +205,178% | +$23.4M |
|
699
PUT
lululemon athletica
LULU
$13.6B
| $21.8M | 0.03% |
539,000
+223,600
| +71% | +$10.2M |
|
700
Adobe
ADBE
$108B
| $21.8M | 0.03% |
301,452
-150,686
| -33% | -$9.72M |
|
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.