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 | |
|---|---|---|---|---|---|---|
1576
Donaldson
DCI
$11.1B
| $6.07M | 0.01% |
143,416
-88,299
| -38% | -$3.68M |
|
1577
Churchill Downs
CHDN
$6.33B
| $6.06M | 0.01% |
403,638
+187,788
| +87% | +$2.74M |
|
1578
Vale
VALE
$58.1B
| $6.06M | 0.01% |
+457,866
| New | +$6.18M |
|
1579
CALL
Canadian Natural Resources
CNQ
$99.9B
| $6.06M | 0.01% |
272,841
+102,186
| +60% | +$2.04M |
|
1580
Accuray
ARAY
$33.7M
| $6.03M | 0.01% |
685,114
+559,284
| +444% | +$4.84M |
|
1581
CALL
Lamar Advertising Co
LAMR
$15.8B
| $6.03M | 0.01% |
113,700
+23,300
| +26% | +$1.18M |
|
|
DYN
1582
DELISTED
Dynegy, Inc.
DYN
| $6.01M | 0.01% |
172,790
+40,274
| +30% | +$1.24M |
|
1583
GoPro
GPRO
$111M
| $6.01M | 0.01% |
+148,174
| New | +$5.32M |
|
1584
Chevron
CVX
$394B
| $6M | 0.01% |
45,984
-454,907
| -91% | -$56.6M |
|
|
UIL
1585
DELISTED
UIL HOLDINGS
UIL
| $6M | 0.01% |
154,882
+97,216
| +169% | +$3.57M |
|
|
SHLD
1586
CALL
DELISTED
Sears Holding Corporation
SHLD
| $5.98M | 0.01% |
160,623
-242,551
| -60% | -$8.97M |
|
1587
Safety Insurance
SAFT
$1.52B
| $5.96M | 0.01% |
116,094
+100,829
| +661% | +$5.3M |
|
|
CBI
1588
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $5.96M | 0.01% |
87,400
+5,600
| +7% | +$445K |
|
1589
Kemper
KMPR
$1.61B
| $5.95M | 0.01% |
161,508
+12,308
| +8% | +$455K |
|
|
EA
1590
CALL
DELISTED
Electronic Arts
EA
| $5.95M | 0.01% |
165,800
+44,400
| +37% | +$1.44M |
|
1591
PUT
MGM Resorts International
MGM
$11.1B
| $5.95M | 0.01% |
225,200
-409,300
| -65% | -$10.2M |
|
|
ICPT
1592
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.94M | 0.01% |
25,100
-2,200
| -8% | -$580K |
|
1593
PUT
Kohl's
KSS
$2.22B
| $5.93M | 0.01% |
112,500
-25,400
| -18% | -$1.38M |
|
|
RPT
1594
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $5.93M | 0.01% |
356,646
+86,828
| +32% | +$1.43M |
|
|
ZNGA
1595
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $5.92M | 0.01% |
1,844,600
-52,300
| -3% | -$189K |
|
1596
iShares S&P 100 ETF
OEF
$20.5B
| $5.91M | 0.01% |
68,289
+11,873
| +21% | +$1M |
|
|
EMES
1597
CALL
DELISTED
Emerge Energy Services LP
EMES
| $5.9M | 0.01% |
55,800
+54,600
| +4,550% | +$4.73M |
|
|
SODA
1598
CALL
DELISTED
SodaStream International Ltd
SODA
| $5.9M | 0.01% |
175,600
-15,200
| -8% | -$597K |
|
1599
PUT
W.W. Grainger
GWW
$62.2B
| $5.9M | 0.01% |
23,200
-14,200
| -38% | -$3.63M |
|
1600
CALL
Lumen
LUMN
$6.7B
| $5.89M | 0.01% |
162,700
-72,800
| -31% | -$2.61M |
|
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.