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 | |
|---|---|---|---|---|---|---|
|
LNKD
901
DELISTED
LinkedIn Corporation
LNKD
| $15.6M | 0.02% |
90,719
-100,346
| -53% | -$16.2M |
|
902
Revvity
RVTY
$13.1B
| $15.5M | 0.02% |
331,891
-1,884,587
| -85% | -$84.6M |
|
|
JNPR
903
DELISTED
Juniper Networks
JNPR
| $15.5M | 0.02% |
632,044
-3,268,384
| -84% | -$81.2M |
|
|
SINA
904
PUT
DELISTED
Sina Corp
SINA
| $15.4M | 0.02% |
310,200
-123,900
| -29% | -$6.08M |
|
|
SEMG
905
DELISTED
SEMGROUP CORPORATION
SEMG
| $15.4M | 0.02% |
195,732
+92,104
| +89% | +$6.26M |
|
906
Cintas
CTAS
$80.3B
| $15.4M | 0.02% |
970,076
-248,448
| -20% | -$3.76M |
|
|
SPWR
907
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $15.4M | 0.02% |
573,083
+115,746
| +25% | +$2.53M |
|
908
Darden Restaurants
DRI
$25.4B
| $15.4M | 0.02% |
371,278
+61,996
| +20% | +$2.75M |
|
909
BorgWarner
BWA
$13.8B
| $15.3M | 0.02% |
267,111
-32,335
| -11% | -$1.78M |
|
910
Veeva Systems
VEEV
$41B
| $15.3M | 0.02% |
601,886
+225,420
| +60% | +$4.88M |
|
|
NPBC
911
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $15.3M | 0.02% |
1,446,557
-1,552,958
| -52% | -$16M |
|
912
CALL
Delta Air Lines
DAL
$60B
| $15.2M | 0.02% |
392,700
-781,500
| -67% | -$29.5M |
|
|
RTN
913
DELISTED
Raytheon Company
RTN
| $15.2M | 0.02% |
164,705
+101,395
| +160% | +$9.83M |
|
914
Intuitive Surgical
ISRG
$142B
| $15.2M | 0.02% |
331,920
+222,489
| +203% | +$9.82M |
|
915
CALL
Blackstone
BX
$112B
| $15.2M | 0.02% |
462,320
+279,511
| +153% | +$8.62M |
|
|
THI
916
DELISTED
TIM HORTONS INC COM, CANADA
THI
| $15.1M | 0.02% |
276,450
+34,821
| +14% | +$1.91M |
|
917
Kennametal
KMT
$2.32B
| $15.1M | 0.02% |
326,850
+313,140
| +2,284% | +$14.5M |
|
|
SPR
918
DELISTED
Spirit AeroSystems
SPR
| $15.1M | 0.02% |
448,292
+314,873
| +236% | +$9.94M |
|
|
919
PUT
Blackstone
BX
$112B
| $15.1M | 0.02% |
458,958
+152,341
| +50% | +$4.7M |
|
920
United Airlines
UAL
$41B
| $15.1M | 0.02% |
366,722
+29,225
| +9% | +$1.26M |
|
921
CALL
Illumina
ILMN
$29.1B
| $15.1M | 0.02% |
86,660
-8,224
| -9% | -$1.23M |
|
922
CALL
Herc Holdings
HRI
$5.64B
| $15M | 0.02% |
178,600
+100,900
| +130% | +$8.5M |
|
923
Portland General Electric
POR
$5.92B
| $15M | 0.02% |
432,627
+50,499
| +13% | +$1.66M |
|
|
CTB
924
DELISTED
Cooper Tire & Rubber Co.
CTB
| $15M | 0.02% |
499,873
+412,983
| +475% | +$11.2M |
|
925
CALL
Bread Financial
BFH
$4.51B
| $15M | 0.02% |
66,785
+11,653
| +21% | +$2.37M |
|
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.