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 | |
|---|---|---|---|---|---|---|
|
CBD
1026
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $12.5M | 0.01% |
270,151
-13,034
| -5% | -$611K |
|
|
ALXN
1027
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $12.5M | 0.01% |
80,000
-18,900
| -19% | -$2.98M |
|
|
X
1028
PUT
DELISTED
US Steel
X
| $12.5M | 0.01% |
480,000
-59,400
| -11% | -$1.52M |
|
|
POT
1029
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $12.4M | 0.01% |
327,900
-188,300
| -36% | -$6.8M |
|
|
MW
1030
DELISTED
THE MENS WAREHOUSE INC
MW
| $12.4M | 0.01% |
222,800
+196,600
| +750% | +$9.99M |
|
1031
CALL
Western Digital
WDC
$168B
| $12.4M | 0.01% |
177,944
-6,482
| -4% | -$434K |
|
1032
Teradata
TDC
$2.49B
| $12.4M | 0.01% |
308,607
-249,585
| -45% | -$10.9M |
|
1033
Banco Bradesco
BBD
$34.3B
| $12.4M | 0.01% |
+2,178,881
| New | +$12.7M |
|
|
ATHN
1034
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $12.4M | 0.01% |
99,000
+48,900
| +98% | +$6.32M |
|
|
ALXN
1035
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $12.3M | 0.01% |
78,900
-44,800
| -36% | -$7.07M |
|
1036
CALL
Morgan Stanley
MS
$343B
| $12.3M | 0.01% |
380,500
-111,900
| -23% | -$3.45M |
|
1037
Marathon Petroleum
MPC
$97.8B
| $12.3M | 0.01% |
315,006
-81,422
| -21% | -$3.6M |
|
|
CNQR
1038
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $12.3M | 0.01% |
131,441
-107,308
| -45% | -$9.4M |
|
1039
PUT
Newmont
NEM
$120B
| $12.2M | 0.01% |
480,200
-591,700
| -55% | -$14.3M |
|
1040
CALL
Herbalife
HLF
$1.23B
| $12.2M | 0.01% |
378,000
-293,200
| -44% | -$8.99M |
|
1041
iShares MSCI Brazil ETF
EWZ
$8.55B
| $12.2M | 0.01% |
254,943
+242,506
| +1,950% | +$11.6M |
|
1042
CALL
DuPont de Nemours
DD
$19.5B
| $12.2M | 0.01% |
93,310
-49,992
| -35% | -$6.37M |
|
|
SLCA
1043
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $12.2M | 0.01% |
219,168
-576,238
| -72% | -$27.1M |
|
1044
H&R Block
HRB
$6.87B
| $12.1M | 0.01% |
362,304
-586,501
| -62% | -$17.5M |
|
|
PACW
1045
DELISTED
PacWest Bancorp
PACW
| $12.1M | 0.01% |
280,541
+110,420
| +65% | +$4.6M |
|
|
HNT
1046
DELISTED
HEALTH NET INC
HNT
| $12.1M | 0.01% |
291,189
-431,132
| -60% | -$16.1M |
|
1047
Nokia
NOK
$59B
| $12.1M | 0.01% |
1,599,731
+1,540,764
| +2,613% | +$11.7M |
|
|
1048
PUT
Marathon Petroleum
MPC
$97.8B
| $12.1M | 0.01% |
309,000
-183,400
| -37% | -$8.11M |
|
|
BBBY
1049
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $12.1M | 0.01% |
210,200
+74,300
| +55% | +$4.64M |
|
1050
PG&E
PCG
$38.5B
| $12.1M | 0.01% |
251,145
+248,330
| +8,822% | +$11.3M |
|
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.