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 | |
|---|---|---|---|---|---|---|
1726
CALL
Assured Guaranty
AGO
$3.38B
| $5.07M | 0.01% |
207,000
-59,600
| -22% | -$1.48M |
|
1727
Shutterstock
SSTK
$210M
| $5.06M | 0.01% |
61,024
-144,291
| -70% | -$10.5M |
|
1728
CALL
Kroger
KR
$34.7B
| $5.06M | 0.01% |
204,800
-130,000
| -39% | -$3.03M |
|
1729
PUT
Stryker
SYK
$130B
| $5.06M | 0.01% |
60,000
+36,500
| +155% | +$2.98M |
|
1730
CALL
State Street
STT
$52.7B
| $5.06M | 0.01% |
75,200
-19,000
| -20% | -$1.25M |
|
|
CBST
1731
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $5.05M | 0.01% |
72,382
+37,084
| +105% | +$2.52M |
|
|
ECHO
1732
EchoStar
ECHO
$26.7B
| $5.03M | 0.01% |
117,331
-318,508
| -73% | -$12.7M |
|
1733
CALL
Exelon
EXC
$47.2B
| $5.03M | 0.01% |
193,196
-188,989
| -49% | -$4.82M |
|
1734
PUT
Trane Technologies
TT
$106B
| $5.01M | 0.01% |
80,100
+58,000
| +262% | +$3.45M |
|
|
AL
1735
DELISTED
Air Lease Corp
AL
| $5M | 0.01% |
129,739
+49,934
| +63% | +$1.91M |
|
|
DMND
1736
DELISTED
DIAMOND FOODS, INC.
DMND
| $5M | 0.01% |
177,402
+152,861
| +623% | +$4.68M |
|
1737
Hecla Mining
HL
$12.3B
| $4.99M | 0.01% |
1,447,275
+701,833
| +94% | +$2.15M |
|
|
PCYC
1738
CALL
DELISTED
PHARMACYCLICS INC
PCYC
| $4.99M | 0.01% |
55,600
-21,000
| -27% | -$1.97M |
|
1739
CALL
Synaptics
SYNA
$4.25B
| $4.99M | 0.01% |
55,000
+4,900
| +10% | +$332K |
|
|
ADT
1740
PUT
DELISTED
ADT Corp
ADT
| $4.98M | 0.01% |
142,600
-21,300
| -13% | -$683K |
|
1741
CALL
Consolidated Edison
ED
$40.2B
| $4.98M | 0.01% |
86,200
+60,300
| +233% | +$3.37M |
|
1742
Qualcomm
QCOM
$174B
| $4.97M | 0.01% |
62,773
-389,746
| -86% | -$31M |
|
1743
PUT
Ulta Beauty
ULTA
$22B
| $4.96M | 0.01% |
54,300
-197,400
| -78% | -$17.8M |
|
1744
PUT
Royal Caribbean
RCL
$81.6B
| $4.95M | 0.01% |
89,000
+4,200
| +5% | +$226K |
|
|
ARMH
1745
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $4.94M | 0.01% |
+109,276
| New | +$5.07M |
|
1746
CALL
Motorola Solutions
MSI
$77.2B
| $4.93M | 0.01% |
74,100
+51,900
| +234% | +$3.42M |
|
1747
Dominion Energy
D
$60.5B
| $4.92M | 0.01% |
68,759
-361,360
| -84% | -$25.3M |
|
1748
PUT
Affiliated Managers Group
AMG
$9.89B
| $4.91M | 0.01% |
23,900
-2,800
| -10% | -$541K |
|
1749
American Express
AXP
$231B
| $4.9M | 0.01% |
51,679
-128,499
| -71% | -$11.6M |
|
1750
CALL
Ubiquiti
UI
$34.7B
| $4.9M | 0.01% |
108,500
+33,400
| +44% | +$1.31M |
|
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.