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 | |
|---|---|---|---|---|---|---|
876
CALL
Philip Morris
PM
$294B
| $16.1M | 0.02% |
191,000
-277,100
| -59% | -$23.9M |
|
877
Whirlpool
WHR
$2.79B
| $16.1M | 0.02% |
115,643
-62,639
| -35% | -$9.19M |
|
|
GMCR
878
DELISTED
KEURIG GREEN MTN INC
GMCR
| $16.1M | 0.02% |
129,151
+98,773
| +325% | +$10.8M |
|
|
SPWR
879
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $16.1M | 0.02% |
599,500
-12,064
| -2% | -$264K |
|
880
Post Holdings
POST
$3.65B
| $16.1M | 0.02% |
482,215
+262,446
| +119% | +$8.78M |
|
|
RCPT
881
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $16.1M | 0.02% |
+377,109
| New | +$13M |
|
|
ISBC
882
DELISTED
Investors Bancorp, Inc.
ISBC
| $16.1M | 0.02% |
1,452,538
+1,186,491
| +446% | +$12.6M |
|
|
GNC
883
DELISTED
GNC Holdings, Inc.
GNC
| $16M | 0.02% |
470,577
+450,630
| +2,259% | +$18M |
|
|
VMW
884
CALL
DELISTED
VMware, Inc
VMW
| $16M | 0.02% |
165,700
+8,500
| +5% | +$826K |
|
885
Sunstone Hotel Investors
SHO
$2.02B
| $16M | 0.02% |
1,071,241
+212,397
| +25% | +$3.04M |
|
886
AbbVie
ABBV
$443B
| $15.9M | 0.02% |
282,443
-240,610
| -46% | -$12.6M |
|
|
CNL
887
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $15.9M | 0.02% |
270,187
+241,496
| +842% | +$12.6M |
|
888
TJX Companies
TJX
$170B
| $15.9M | 0.02% |
599,204
-2,470,260
| -80% | -$70.5M |
|
|
BHI
889
PUT
DELISTED
Baker Hughes
BHI
| $15.9M | 0.02% |
213,600
-31,200
| -13% | -$2.17M |
|
890
CALL
Yum! Brands
YUM
$41.2B
| $15.9M | 0.02% |
272,219
-126,720
| -32% | -$7.05M |
|
891
Target
TGT
$70.6B
| $15.8M | 0.02% |
272,577
+97,734
| +56% | +$5.75M |
|
|
DYAX
892
DELISTED
DYAX CORPORATION
DYAX
| $15.7M | 0.02% |
1,639,858
-810,867
| -33% | -$6.18M |
|
|
UWC
893
CALL
DELISTED
PROSHARES TR ULTRA RUSSELL3000
UWC
| $15.7M | 0.02% |
201,200
-35,400
| -15% | -$3.07M |
|
|
SPLS
894
DELISTED
Staples Inc
SPLS
| $15.7M | 0.02% |
1,448,782
+1,139,714
| +369% | +$13.5M |
|
895
CALL
Costco
COST
$427B
| $15.7M | 0.02% |
136,300
-68,100
| -33% | -$7.81M |
|
896
PUT
Merck
MRK
$334B
| $15.7M | 0.02% |
284,322
-225,844
| -44% | -$12.3M |
|
|
SINA
897
DELISTED
Sina Corp
SINA
| $15.7M | 0.02% |
315,037
-281,117
| -47% | -$13.8M |
|
|
898
CALL
Target
TGT
$70.6B
| $15.6M | 0.02% |
269,500
-1,212,300
| -82% | -$71.3M |
|
|
899
PUT
Williams Companies
WMB
$89.3B
| $15.6M | 0.02% |
267,800
-105,300
| -28% | -$4.88M |
|
900
PUT
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $15.6M | 0.02% |
779,745
-1,813,179
| -70% | -$35.3M |
|
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.