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 | |
|---|---|---|---|---|---|---|
|
ETFC
151
DELISTED
E*Trade Financial Corporation
ETFC
| $105M | 0.12% |
4,961,739
+3,138,323
| +172% | +$66M |
|
152
RTX Corp
RTX
$302B
| $105M | 0.12% |
1,447,995
-1,485,830
| -51% | -$109M |
|
153
Meritage Homes
MTH
$4.81B
| $105M | 0.12% |
4,964,844
-38,378
| -0.8% | -$778K |
|
154
AerCap
AER
$23.5B
| $103M | 0.12% |
2,254,707
+1,205,637
| +115% | +$53.3M |
|
155
Corpay
CPAY
$26.7B
| $103M | 0.12% |
782,080
+659,302
| +537% | +$80.6M |
|
156
Macy's
M
$6.45B
| $103M | 0.12% |
1,774,759
+1,547,235
| +680% | +$89.8M |
|
|
TWC
157
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $102M | 0.12% |
692,884
+248,234
| +56% | +$34.8M |
|
158
Ford
F
$55.7B
| $102M | 0.12% |
5,902,693
+4,801,836
| +436% | +$78.1M |
|
159
Ashland
ASH
$3.42B
| $102M | 0.12% |
1,908,471
+953,385
| +100% | +$47.5M |
|
160
eBay
EBAY
$47.2B
| $101M | 0.12% |
4,801,338
+645,080
| +16% | +$14.1M |
|
161
Broadcom
AVGO
$1.98T
| $100M | 0.12% |
13,937,320
-13,779,730
| -50% | -$92.5M |
|
162
Charter Communications
CHTR
$18.8B
| $100M | 0.12% |
634,005
-142,173
| -18% | -$19.6M |
|
163
PUT
IBM
IBM
$225B
| $99.8M | 0.11% |
575,823
+146,231
| +34% | +$26.3M |
|
164
Teva Pharmaceuticals
TEVA
$42.5B
| $99.2M | 0.11% |
1,892,451
+1,598,938
| +545% | +$81.7M |
|
|
KOG
165
DELISTED
KODIAK OIL & GAS CORP
KOG
| $98.6M | 0.11% |
6,775,216
+624,908
| +10% | +$8.13M |
|
166
Norfolk Southern
NSC
$75.2B
| $98M | 0.11% |
951,051
-154,559
| -14% | -$15.2M |
|
|
CB
167
DELISTED
CHUBB CORPORATION
CB
| $96.4M | 0.11% |
1,046,298
+373,514
| +56% | +$34.4M |
|
168
Western Digital
WDC
$151B
| $96.2M | 0.11% |
1,379,603
+22,544
| +2% | +$1.51M |
|
169
Pfizer
PFE
$152B
| $96.2M | 0.11% |
3,415,412
-698,814
| -17% | -$19.9M |
|
170
Chipotle Mexican Grill
CMG
$40.5B
| $95.2M | 0.11% |
8,035,900
-382,250
| -5% | -$4.14M |
|
|
CTXS
171
DELISTED
Citrix Systems Inc
CTXS
| $95.1M | 0.11% |
1,908,648
+688,412
| +56% | +$33.1M |
|
172
Comcast
CMCSA
$91B
| $94.4M | 0.11% |
3,515,850
-4,309,412
| -55% | -$111M |
|
173
PUT
Visa
V
$677B
| $92.8M | 0.11% |
1,760,800
+114,000
| +7% | +$5.96M |
|
174
Estee Lauder
EL
$31.8B
| $91.8M | 0.11% |
1,235,680
+328,995
| +36% | +$24.2M |
|
175
Zimmer Biomet
ZBH
$18.5B
| $91.7M | 0.11% |
909,186
+740,388
| +439% | +$72.2M |
|
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.