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 | 8.34% |
| 2 | Consumer Discretionary | 7.93% |
| 3 | Energy | 7.85% |
| 4 | Technology | 5.91% |
| 5 | Industrials | 5.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
PUT
Sherwin-Williams
SHW
$87B
| $7.74M | 0.01% |
112,200
-17,700
| -14% | -$1.18M |
|
1377
PUT
Molson Coors Class B
TAP
$7.93B
| $7.74M | 0.01% |
104,300
+70,000
| +204% | +$4.51M |
|
|
VRE
1378
DELISTED
Veris Residential
VRE
| $7.71M | 0.01% |
359,050
-244,977
| -41% | -$5.18M |
|
1379
Oil States International
OIS
$544M
| $7.71M | 0.01% |
120,309
+81,454
| +210% | +$4.79M |
|
1380
CALL
Dillards
DDS
$9.24B
| $7.71M | 0.01% |
66,100
+2,100
| +3% | +$219K |
|
1381
Cleveland-Cliffs
CLF
$6.82B
| $7.71M | 0.01% |
512,011
+161,842
| +46% | +$2.74M |
|
1382
iShares US Oil & Gas Exploration & Production ETF
IEO
$596M
| $7.7M | 0.01% |
79,323
+3,400
| +4% | +$312K |
|
|
NXGN
1383
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $7.7M | 0.01% |
479,623
+146,708
| +44% | +$2.32M |
|
1384
Navigator Holdings
NVGS
$1.28B
| $7.69M | 0.01% |
261,860
-67,137
| -20% | -$1.77M |
|
1385
PUT
Abbott
ABT
$193B
| $7.69M | 0.01% |
188,000
-14,300
| -7% | -$562K |
|
1386
CALL
Hershey
HSY
$37B
| $7.68M | 0.01% |
78,900
+25,900
| +49% | +$2.54M |
|
1387
CALL
NXP Semiconductors
NXPI
$58.4B
| $7.67M | 0.01% |
115,900
+35,100
| +43% | +$2.15M |
|
1388
CALL
State Street Financial Select Sector SPDR ETF
XLF
$59.4B
| $7.66M | 0.01% |
383,892
-480,036
| -56% | -$9.35M |
|
1389
PUT
Agilent Technologies
A
$41.9B
| $7.64M | 0.01% |
186,074
-40,402
| -18% | -$1.62M |
|
1390
CALL
Deutsche Bank
DB
$72.5B
| $7.64M | 0.01% |
243,264
+123,658
| +103% | +$4.41M |
|
|
NE
1391
DELISTED
Noble Corporation
NE
| $7.63M | 0.01% |
259,977
-46,886
| -15% | -$1.29M |
|
1392
Camden Property Trust
CPT
$11.2B
| $7.61M | 0.01% |
106,960
+48,392
| +83% | +$3.36M |
|
|
OPEN
1393
PUT
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $7.6M | 0.01% |
73,400
+29,000
| +65% | +$2.21M |
|
1394
PUT
Suncor Energy
SU
$77.8B
| $7.6M | 0.01% |
178,200
+58,600
| +49% | +$2.28M |
|
1395
CALL
Nabors Industries
NBR
$1.38B
| $7.59M | 0.01% |
5,166
-28,544
| -85% | -$36.9M |
|
|
1396
CALL
MetLife
MET
$62.1B
| $7.56M | 0.01% |
152,704
-50,266
| -25% | -$2.35M |
|
1397
PUT
VF Corp
VFC
$5.81B
| $7.56M | 0.01% |
127,440
+54,056
| +74% | +$3.14M |
|
1398
PUT
VanEck International High Yield Bond ETF
IHY
$43.4M
| $7.54M | 0.01% |
178,400
+54,800
| +44% | +$1.52M |
|
|
BID
1399
PUT
DELISTED
Sotheby's
BID
| $7.53M | 0.01% |
179,400
+136,300
| +316% | +$5.55M |
|
1400
CALL
Humana
HUM
$46B
| $7.52M | 0.01% |
58,900
-28,100
| -32% | -$3.33M |
|
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 8.3% of assets, down from 9% 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.