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 | |
|---|---|---|---|---|---|---|
|
EMES
1701
PUT
DELISTED
Emerge Energy Services LP
EMES
| $5.25M | 0.01% |
49,600
+48,000
| +3,000% | +$4.16M |
|
1702
APA Corp
APA
$14.2B
| $5.24M | 0.01% |
52,069
-238,909
| -82% | -$21.6M |
|
|
WFT
1703
PUT
DELISTED
Weatherford International plc
WFT
| $5.24M | 0.01% |
227,600
+125,900
| +124% | +$2.59M |
|
|
COV
1704
PUT
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $5.23M | 0.01% |
58,000
+6,400
| +12% | +$479K |
|
1705
CALL
General Dynamics
GD
$107B
| $5.22M | 0.01% |
44,800
-9,200
| -17% | -$1.05M |
|
|
GHDX
1706
DELISTED
Genomic Health, Inc.
GHDX
| $5.22M | 0.01% |
190,545
-15,861
| -8% | -$422K |
|
1707
CALL
iShares Morningstar Value ETF
ILCV
$1.36B
| $5.22M | 0.01% |
227,600
-116,400
| -34% | -$4.83M |
|
|
FINL
1708
DELISTED
Finish Line
FINL
| $5.22M | 0.01% |
175,439
+89,755
| +105% | +$2.55M |
|
1709
PUT
Thermo Fisher Scientific
TMO
$218B
| $5.2M | 0.01% |
44,100
+400
| +0.9% | +$47.1K |
|
|
CVSA
1710
Covista Inc
CVSA
$4.49B
| $5.2M | 0.01% |
+122,840
| New | +$5.23M |
|
|
AVTA
1711
DELISTED
Avantax, Inc. Common Stock
AVTA
| $5.2M | 0.01% |
275,323
+138,822
| +102% | +$2.61M |
|
1712
CALL
Northrop Grumman
NOC
$83.2B
| $5.18M | 0.01% |
43,300
+1,700
| +4% | +$205K |
|
|
GAP
1713
CALL
The Gap Inc
GAP
$7.42B
| $5.18M | 0.01% |
124,600
-370,700
| -75% | -$15M |
|
|
MDC
1714
DELISTED
M.D.C. Holdings, Inc.
MDC
| $5.18M | 0.01% |
237,310
+177,603
| +297% | +$3.65M |
|
|
NORD
1715
DELISTED
Nord Anglia Education, Inc.
NORD
| $5.17M | 0.01% |
282,739
-32,212
| -10% | -$595K |
|
|
AVP
1716
DELISTED
Avon Products, Inc.
AVP
| $5.17M | 0.01% |
353,769
-614,538
| -63% | -$8.86M |
|
1717
PUT
Kinder Morgan
KMI
$73.1B
| $5.16M | 0.01% |
142,300
-108,500
| -43% | -$3.66M |
|
1718
iShares US Financial Services ETF
IYG
$2.23B
| $5.14M | 0.01% |
182,553
+10,971
| +6% | +$301K |
|
1719
Dentsply Sirona
XRAY
$2.31B
| $5.12M | 0.01% |
108,090
+80,726
| +295% | +$3.76M |
|
|
AGU
1720
CALL
DELISTED
Agrium
AGU
| $5.11M | 0.01% |
55,800
-100
| -0.2% | -$9.28K |
|
|
WWAV
1721
DELISTED
The WhiteWave Foods Company
WWAV
| $5.11M | 0.01% |
157,908
+64,170
| +68% | +$1.92M |
|
1722
CALL
Advance Auto Parts
AAP
$3.41B
| $5.1M | 0.01% |
37,800
+25,700
| +212% | +$3.18M |
|
|
LL
1723
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $5.1M | 0.01% |
67,100
+300
| +0.4% | +$24.9K |
|
|
BEAV
1724
PUT
DELISTED
B/E Aerospace Inc
BEAV
| $5.1M | 0.01% |
76,093
+49,854
| +190% | +$3.32M |
|
1725
Mercury Insurance
MCY
$5.84B
| $5.07M | 0.01% |
107,847
+95,449
| +770% | +$4.48M |
|
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.