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 | |
|---|---|---|---|---|---|---|
776
PUT
Philip Morris
PM
$294B
| $19M | 0.02% |
225,100
-600
| -0.3% | -$51.7K |
|
|
DD
777
PUT
DELISTED
Du Pont De Nemours E I
DD
| $19M | 0.02% |
305,370
+82,345
| +37% | +$5.29M |
|
778
MGIC Investment
MTG
$6.33B
| $18.9M | 0.02% |
2,050,788
+646,879
| +46% | +$5.62M |
|
779
Papa John's
PZZA
$804M
| $18.9M | 0.02% |
446,273
+435,196
| +3,929% | +$19.3M |
|
780
PUT
Honeywell
HON
$74.2B
| $18.9M | 0.02% |
226,363
+23,816
| +12% | +$1.99M |
|
781
PUT
iShares Silver Trust
SLV
$31.3B
| $18.9M | 0.02% |
932,400
-339,900
| -27% | -$6.42M |
|
|
QLIK
782
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $18.8M | 0.02% |
831,884
-131,239
| -14% | -$3.01M |
|
783
CALL
ProShares UltraShort Industrials
SIJ
$5.53M
| $18.8M | 0.02% |
27,206
+1,712
| +7% | +$1.37M |
|
784
PUT
Target
TGT
$70.6B
| $18.8M | 0.02% |
324,200
+38,200
| +13% | +$2.25M |
|
785
Choice Hotels
CHH
$4.71B
| $18.8M | 0.02% |
398,304
+79,425
| +25% | +$3.58M |
|
|
INFO
786
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $18.8M | 0.02% |
+695,130
| New | +$18.7M |
|
|
P
787
CALL
DELISTED
Pandora Media Inc
P
| $18.7M | 0.02% |
635,200
+192,400
| +43% | +$5.02M |
|
|
ESRX
788
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $18.7M | 0.02% |
270,100
+38,700
| +17% | +$2.72M |
|
789
Conagra Brands
CAG
$7.39B
| $18.7M | 0.02% |
808,280
-584,931
| -42% | -$14.1M |
|
790
Tenet Healthcare
THC
$21.5B
| $18.7M | 0.02% |
397,661
-232,263
| -37% | -$10.5M |
|
791
CALL
PNC Financial Services
PNC
$102B
| $18.6M | 0.02% |
208,700
+42,500
| +26% | +$3.63M |
|
792
PUT
Devon Energy
DVN
$48.8B
| $18.6M | 0.02% |
233,900
+98,000
| +72% | +$7.13M |
|
793
iShares US Home Construction ETF
ITB
$2.37B
| $18.5M | 0.02% |
746,908
-8,700
| -1% | -$208K |
|
|
AL
794
PUT
DELISTED
Air Lease Corp
AL
| $18.5M | 0.02% |
+480,000
| New | +$18.4M |
|
795
PUT
United Airlines
UAL
$41B
| $18.5M | 0.02% |
450,200
+95,800
| +27% | +$4.13M |
|
|
CFN
796
DELISTED
CAREFUSION CORPORATION
CFN
| $18.5M | 0.02% |
416,588
+323,240
| +346% | +$13.4M |
|
797
Puma Biotechnology
PBYI
$450M
| $18.4M | 0.02% |
279,401
-742,915
| -73% | -$52.8M |
|
798
Jack in the Box
JACK
$358M
| $18.4M | 0.02% |
307,138
-354,546
| -54% | -$20.3M |
|
799
CALL
HP
HPQ
$28.6B
| $18.3M | 0.02% |
1,197,448
+23,121
| +2% | +$348K |
|
800
General Mills
GIS
$20.8B
| $18.3M | 0.02% |
348,430
+242,374
| +229% | +$12.9M |
|
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.