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 | |
|---|---|---|---|---|---|---|
926
ManpowerGroup
MAN
$2.75B
| $15M | 0.02% |
176,454
-249,295
| -59% | -$20.3M |
|
927
MSC Industrial Direct
MSM
$6.77B
| $15M | 0.02% |
156,464
-366,283
| -70% | -$33.3M |
|
|
SPLK
928
DELISTED
Splunk Inc
SPLK
| $14.9M | 0.02% |
269,293
+183,657
| +214% | +$9.64M |
|
|
AIV
929
Aimco
AIV
$379M
| $14.9M | 0.02% |
+3,465,891
| New | +$14.3M |
|
930
Ecolab
ECL
$77.4B
| $14.9M | 0.02% |
+133,785
| New | +$14.3M |
|
931
Walt Disney
DIS
$181B
| $14.9M | 0.02% |
173,525
-1,434,305
| -89% | -$117M |
|
932
CALL
GE Aerospace
GE
$374B
| $14.9M | 0.02% |
117,978
-85,634
| -42% | -$10.9M |
|
933
Norwegian Cruise Line
NCLH
$8.98B
| $14.8M | 0.02% |
466,123
-2,442,177
| -84% | -$78.9M |
|
|
RTN
934
PUT
DELISTED
Raytheon Company
RTN
| $14.7M | 0.02% |
159,700
+56,300
| +54% | +$5.46M |
|
|
TRLA
935
DELISTED
TRULIA INC (DEL)
TRLA
| $14.7M | 0.02% |
309,781
+79,056
| +34% | +$2.91M |
|
936
Akamai
AKAM
$18B
| $14.7M | 0.02% |
239,968
+29,806
| +14% | +$1.66M |
|
937
Factset
FDS
$10.2B
| $14.6M | 0.02% |
121,733
-132,848
| -52% | -$14.4M |
|
|
AEL
938
DELISTED
American Equity Investment Life Holding Company
AEL
| $14.6M | 0.02% |
594,677
+17,443
| +3% | +$404K |
|
|
VMW
939
PUT
DELISTED
VMware, Inc
VMW
| $14.6M | 0.02% |
150,600
+27,200
| +22% | +$2.64M |
|
940
Madison Square Garden
MSGS
$9.94B
| $14.4M | 0.02% |
324,306
+2,184
| +0.7% | +$85.8K |
|
941
PUT
HP
HPQ
$28.6B
| $14.4M | 0.02% |
942,236
-208,970
| -18% | -$3.14M |
|
942
CALL
RTX Corp
RTX
$297B
| $14.4M | 0.02% |
197,989
-140,945
| -42% | -$10.4M |
|
|
B
943
CALL
Barrick Mining
B
$67.3B
| $14.4M | 0.02% |
785,000
-128,100
| -14% | -$2.22M |
|
|
MKTO
944
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $14.3M | 0.02% |
493,495
-393,467
| -44% | -$10.7M |
|
945
Brixmor Property Group
BRX
$9.21B
| $14.3M | 0.02% |
624,590
+532,687
| +580% | +$11.7M |
|
|
ATHN
946
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $14.3M | 0.02% |
114,400
+22,800
| +25% | +$2.95M |
|
947
Mondelez International
MDLZ
$81.1B
| $14.3M | 0.02% |
379,532
+314,188
| +481% | +$11.5M |
|
948
CALL
Honeywell
HON
$74.2B
| $14.2M | 0.02% |
170,495
-31,273
| -15% | -$2.61M |
|
|
ESRX
949
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $14.2M | 0.02% |
205,200
-34,800
| -15% | -$2.45M |
|
950
American Electric Power
AEP
$68.3B
| $14.2M | 0.02% |
254,751
-496,511
| -66% | -$26.2M |
|
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.