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 | |
|---|---|---|---|---|---|---|
|
GAP
1901
The Gap Inc
GAP
$7.42B
| $4.18M | ﹤0.01% |
100,539
-627,028
| -86% | -$25.4M |
|
1902
SK Telecom
SKM
$14.8B
| $4.17M | ﹤0.01% |
97,600
+78,055
| +399% | +$3.04M |
|
1903
CALL
Agnico Eagle Mines
AEM
$94.4B
| $4.17M | ﹤0.01% |
108,800
-20,600
| -16% | -$657K |
|
|
NAV
1904
PUT
DELISTED
Navistar International
NAV
| $4.16M | ﹤0.01% |
110,900
+16,800
| +18% | +$596K |
|
1905
CALL
Thermo Fisher Scientific
TMO
$218B
| $4.15M | ﹤0.01% |
35,200
-18,400
| -34% | -$2.17M |
|
|
LMNX
1906
DELISTED
Luminex Corp
LMNX
| $4.14M | ﹤0.01% |
241,583
+4,706
| +2% | +$82.8K |
|
1907
PUT
Royal Gold
RGLD
$19.5B
| $4.14M | ﹤0.01% |
54,400
-37,200
| -41% | -$2.46M |
|
|
WLL
1908
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $4.14M | ﹤0.01% |
172
+54
| +46% | +$1.2M |
|
|
MGLN
1909
DELISTED
Magellan Health Services, Inc.
MGLN
| $4.14M | ﹤0.01% |
66,500
+23,350
| +54% | +$1.37M |
|
|
DO
1910
CALL
DELISTED
Diamond Offshore Drilling
DO
| $4.13M | ﹤0.01% |
83,300
-21,100
| -20% | -$1.05M |
|
1911
PUT
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $4.13M | ﹤0.01% |
215,400
-502,600
| -70% | -$9.3M |
|
1912
PUT
Hartford Financial Services
HIG
$37.8B
| $4.13M | ﹤0.01% |
115,300
-8,100
| -7% | -$285K |
|
|
CTCM
1913
DELISTED
CTC MEDIA INC COM STK
CTCM
| $4.13M | ﹤0.01% |
374,878
+210,287
| +128% | +$2.06M |
|
|
AUY
1914
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $4.13M | ﹤0.01% |
501,900
-194,900
| -28% | -$1.53M |
|
|
EQY
1915
DELISTED
Equity One
EQY
| $4.12M | ﹤0.01% |
174,775
-81,736
| -32% | -$1.86M |
|
1916
Enovis
ENOV
$1.5B
| $4.12M | ﹤0.01% |
32,072
+24,217
| +308% | +$3.02M |
|
|
BGG
1917
DELISTED
Briggs & Stratton Corp.
BGG
| $4.11M | ﹤0.01% |
201,002
+49,114
| +32% | +$1.04M |
|
1918
Ciena
CIEN
$60.7B
| $4.11M | ﹤0.01% |
189,768
-255,526
| -57% | -$5.25M |
|
1919
CALL
Perrigo
PRGO
$1.81B
| $4.11M | ﹤0.01% |
28,200
+4,600
| +19% | +$652K |
|
|
LO
1920
CALL
DELISTED
LORILLARD INC COM STK
LO
| $4.1M | ﹤0.01% |
67,200
-55,700
| -45% | -$3.24M |
|
|
PVA
1921
CALL
DELISTED
PENN VIRGINIA CORP
PVA
| $4.09M | ﹤0.01% |
241,400
+178,600
| +284% | +$2.84M |
|
1922
CALL
KLA
KLAC
$266B
| $4.09M | ﹤0.01% |
563,000
-88,000
| -14% | -$584K |
|
|
GRA
1923
PUT
DELISTED
W.R. Grace & Co.
GRA
| $4.08M | ﹤0.01% |
43,200
+7,300
| +20% | +$688K |
|
|
BTU
1924
CALL
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $4.08M | ﹤0.01% |
16,647
-108,773
| -87% | -$28.3M |
|
|
CIT
1925
CALL
DELISTED
CIT Group Inc.
CIT
| $4.08M | ﹤0.01% |
89,200
+80,100
| +880% | +$3.61M |
|
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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.