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 | |
|---|---|---|---|---|---|---|
1101
Axos Financial
AX
$5.72B
| $11.3M | 0.01% |
+614,848
| New | +$12.1M |
|
1102
PUT
Capital One
COF
$136B
| $11.3M | 0.01% |
136,600
-61,200
| -31% | -$4.75M |
|
|
JNPR
1103
CALL
DELISTED
Juniper Networks
JNPR
| $11.3M | 0.01% |
459,200
-7,600
| -2% | -$189K |
|
|
1104
CALL
McKesson
MCK
$102B
| $11.3M | 0.01% |
60,500
-12,600
| -17% | -$2.24M |
|
1105
PUT
Under Armour
UAA
$2.3B
| $11.2M | 0.01% |
378,000
-110,000
| -23% | -$2.89M |
|
1106
Biogen
BIIB
$30.9B
| $11.2M | 0.01% |
35,566
-105,287
| -75% | -$31.7M |
|
1107
American Eagle Outfitters
AEO
$2.73B
| $11.2M | 0.01% |
998,571
+159,023
| +19% | +$1.81M |
|
1108
Hawaiian Electric Industries
HE
$2.06B
| $11.2M | 0.01% |
441,306
+350,594
| +386% | +$8.54M |
|
|
OIBR.C
1109
DELISTED
OI S.A. American Depositary Shares, each representing five shares of common stock
OIBR.C
| $11.2M | 0.01% |
23,110
+23,078
| +72,119% | +$12.3M |
|
|
ITG
1110
DELISTED
Investment Technology Group Inc
ITG
| $11.1M | 0.01% |
660,089
+603,086
| +1,058% | +$11.4M |
|
1111
CALL
UnitedHealth
UNH
$358B
| $11.1M | 0.01% |
136,200
-195,000
| -59% | -$15.3M |
|
1112
PUT
Seagate
STX
$209B
| $11.1M | 0.01% |
195,900
-96,600
| -33% | -$5.21M |
|
|
MNDT
1113
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $11.1M | 0.01% |
274,100
+158,900
| +138% | +$6.19M |
|
1114
Copa Holdings
CPA
$6.14B
| $11.1M | 0.01% |
77,927
+63,025
| +423% | +$8.82M |
|
|
NSR
1115
DELISTED
Neustar Inc
NSR
| $11.1M | 0.01% |
427,000
-17,833
| -4% | -$485K |
|
|
BRSL
1116
Brightstar Lottery PLC
BRSL
$2.15B
| $11.1M | 0.01% |
697,743
+102,028
| +17% | +$1.38M |
|
|
TSL
1117
DELISTED
Trina Solar Limited
TSL
| $11.1M | 0.01% |
865,090
+323,575
| +60% | +$3.94M |
|
1118
Valley National Bancorp
VLY
$8.25B
| $11.1M | 0.01% |
1,119,614
+634,949
| +131% | +$6.38M |
|
|
ESV
1119
CALL
DELISTED
Ensco Rowan plc
ESV
| $11.1M | 0.01% |
49,875
+18,700
| +60% | +$3.87M |
|
|
CATM
1120
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $11.1M | 0.01% |
325,005
+275,189
| +552% | +$9.19M |
|
|
ANDV
1121
PUT
DELISTED
Andeavor
ANDV
| $11.1M | 0.01% |
188,600
-45,300
| -19% | -$2.5M |
|
1122
PUT
General Mills
GIS
$20.4B
| $11M | 0.01% |
209,700
+75,900
| +57% | +$4.05M |
|
|
1123
PUT
UnitedHealth
UNH
$358B
| $11M | 0.01% |
134,700
-39,600
| -23% | -$3.12M |
|
1124
Pentair
PNR
$10.5B
| $11M | 0.01% |
+227,178
| New | +$11.6M |
|
1125
CALL
BlackBerry
BB
$5.27B
| $11M | 0.01% |
1,071,700
+690,600
| +181% | +$5.44M |
|
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.