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 | |
|---|---|---|---|---|---|---|
726
Sabre
SABR
$892M
| $20.9M | 0.02% |
+1,043,621
| New | +$18.6M |
|
|
MIC
727
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $20.9M | 0.02% |
335,255
+28,476
| +9% | +$1.68M |
|
728
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $20.8M | 0.02% |
63,160
+23,034
| +57% | +$7.08M |
|
729
Loews
L
$23B
| $20.8M | 0.02% |
471,588
-471
| -0.1% | -$20.6K |
|
730
Merck
MRK
$334B
| $20.7M | 0.02% |
374,909
-1,562,344
| -81% | -$85.2M |
|
731
PUT
First Solar
FSLR
$24B
| $20.6M | 0.02% |
290,100
-114,600
| -28% | -$7.59M |
|
732
United Parcel Service
UPS
$89.8B
| $20.6M | 0.02% |
200,580
-93,247
| -32% | -$9.36M |
|
733
CVS Health
CVS
$121B
| $20.6M | 0.02% |
273,175
-34,213
| -11% | -$2.59M |
|
734
CALL
Yelp
YELP
$1.32B
| $20.5M | 0.02% |
266,700
+4,600
| +2% | +$299K |
|
|
ROC
735
DELISTED
ROCKWOOD HLDGS INC
ROC
| $20.3M | 0.02% |
266,573
+241,607
| +968% | +$17.8M |
|
736
PUT
Cummins
CMI
$87B
| $20.2M | 0.02% |
131,100
+4,300
| +3% | +$651K |
|
|
GDP
737
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $20.2M | 0.02% |
731,532
-110,355
| -13% | -$2.76M |
|
|
738
CALL
United Parcel Service
UPS
$89.8B
| $20.2M | 0.02% |
196,600
-111,900
| -36% | -$11.2M |
|
739
Lincoln Electric
LECO
$15.5B
| $20.2M | 0.02% |
288,682
+266,717
| +1,214% | +$18.1M |
|
740
CALL
General Mills
GIS
$20.8B
| $20.2M | 0.02% |
383,600
+93,000
| +32% | +$4.96M |
|
741
KBR
KBR
$4.81B
| $20.1M | 0.02% |
844,245
+478,111
| +131% | +$12M |
|
742
CALL
Ford
F
$55.4B
| $20.1M | 0.02% |
1,167,600
+480,200
| +70% | +$7.81M |
|
|
LGF
743
DELISTED
Lions Gate Entertainment
LGF
| $20.1M | 0.02% |
704,150
+142,261
| +25% | +$3.83M |
|
744
PUT
Cheniere Energy
LNG
$55B
| $20.1M | 0.02% |
280,600
-171,100
| -38% | -$10.4M |
|
|
IM
745
DELISTED
Ingram Micro
IM
| $20.1M | 0.02% |
686,845
+470,139
| +217% | +$13.2M |
|
|
RAX
746
CALL
DELISTED
Rackspace Hosting Inc
RAX
| $20M | 0.02% |
593,800
+476,000
| +404% | +$15.8M |
|
747
CALL
Nike
NKE
$61.2B
| $20M | 0.02% |
515,200
+144,600
| +39% | +$5.38M |
|
748
Kroger
KR
$35.1B
| $19.9M | 0.02% |
804,902
-169,664
| -17% | -$3.95M |
|
749
CALL
lululemon athletica
LULU
$13.6B
| $19.9M | 0.02% |
490,900
+69,700
| +17% | +$3.18M |
|
750
RH
RH
$3.4B
| $19.8M | 0.02% |
212,925
+150,654
| +242% | +$10.5M |
|
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.