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 | |
|---|---|---|---|---|---|---|
1676
PUT
Clorox
CLX
$12.8B
| $5.37M | 0.01% |
58,700
-41,200
| -41% | -$3.69M |
|
1677
PUT
Canadian Solar
CSIQ
$1.03B
| $5.36M | 0.01% |
171,400
-50,100
| -23% | -$1.35M |
|
1678
PUT
Synaptics
SYNA
$4.25B
| $5.35M | 0.01% |
59,000
-8,400
| -12% | -$569K |
|
1679
PUT
Cameco
CCJ
$42.6B
| $5.33M | 0.01% |
271,800
+60,700
| +29% | +$1.27M |
|
|
DCT
1680
DELISTED
DCT Industrial Trust Inc.
DCT
| $5.33M | 0.01% |
162,242
-185,252
| -53% | -$5.85M |
|
1681
Haemonetics
HAE
$4.13B
| $5.33M | 0.01% |
150,970
-83,292
| -36% | -$2.78M |
|
1682
First Solar
FSLR
$24.2B
| $5.32M | 0.01% |
74,835
-9,089
| -11% | -$602K |
|
1683
Itron
ITRI
$4.45B
| $5.32M | 0.01% |
131,053
-40,621
| -24% | -$1.55M |
|
1684
CALL
Macy's
M
$6.16B
| $5.31M | 0.01% |
91,500
-5,100
| -5% | -$296K |
|
|
XEC
1685
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $5.31M | 0.01% |
37,000
+14,400
| +64% | +$1.83M |
|
1686
Universal Display
OLED
$4.09B
| $5.31M | 0.01% |
165,326
+82,455
| +99% | +$2.3M |
|
|
NFX
1687
PUT
DELISTED
Newfield Exploration
NFX
| $5.3M | 0.01% |
120,000
+53,200
| +80% | +$1.91M |
|
1688
PUT
Cognizant
CTSH
$26.5B
| $5.3M | 0.01% |
108,300
-80,400
| -43% | -$3.92M |
|
1689
United Therapeutics
UTHR
$21.4B
| $5.3M | 0.01% |
59,854
+54,427
| +1,003% | +$5.23M |
|
|
PEGI
1690
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $5.3M | 0.01% |
159,951
-3,977
| -2% | -$116K |
|
1691
CALL
Mercado Libre
MELI
$93.5B
| $5.29M | 0.01% |
55,500
-48,000
| -46% | -$4.2M |
|
1692
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.6B
| $5.29M | 0.01% |
161,985
+148,235
| +1,078% | +$4.53M |
|
1693
PUT
Agnico Eagle Mines
AEM
$94.4B
| $5.29M | 0.01% |
138,200
+27,800
| +25% | +$887K |
|
1694
CALL
Accenture
ACN
$108B
| $5.29M | 0.01% |
65,400
-26,500
| -29% | -$2.13M |
|
|
ARG
1695
DELISTED
Airgas Inc
ARG
| $5.28M | 0.01% |
48,467
+36,502
| +305% | +$3.9M |
|
1696
PUT
Southern Company
SO
$107B
| $5.26M | 0.01% |
115,900
-85,700
| -43% | -$3.79M |
|
|
STRZA
1697
DELISTED
Starz - Series A
STRZA
| $5.26M | 0.01% |
176,575
-84,546
| -32% | -$2.58M |
|
|
AET
1698
CALL
DELISTED
Aetna Inc
AET
| $5.25M | 0.01% |
64,800
-134,000
| -67% | -$10.1M |
|
|
ESND
1699
DELISTED
Essendant Inc.
ESND
| $5.25M | 0.01% |
126,658
+35,739
| +39% | +$1.4M |
|
|
SYA
1700
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $5.25M | 0.01% |
230,882
+7,974
| +4% | +$167K |
|
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.