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 | |
|---|---|---|---|---|---|---|
1926
CALL
Sherwin-Williams
SHW
$87.2B
| $4.08M | ﹤0.01% |
59,100
-31,200
| -35% | -$2.08M |
|
1927
CALL
Alaska Air
ALK
$5.13B
| $4.07M | ﹤0.01% |
85,600
+4,600
| +6% | +$219K |
|
1928
CALL
O'Reilly Automotive
ORLY
$73.7B
| $4.07M | ﹤0.01% |
405,000
-69,000
| -15% | -$681K |
|
|
AOL
1929
PUT
DELISTED
AOL INC COMMON STOCK
AOL
| $4.06M | ﹤0.01% |
102,000
-38,000
| -27% | -$1.5M |
|
|
EGN
1930
DELISTED
Energen
EGN
| $4.05M | ﹤0.01% |
45,576
-386,007
| -89% | -$32.5M |
|
1931
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $4.04M | ﹤0.01% |
42,000
-14,300
| -25% | -$1.37M |
|
1932
SITE Centers
SITC
$155M
| $4.04M | ﹤0.01% |
177,974
+48,590
| +38% | +$1.08M |
|
|
BECN
1933
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $4.04M | ﹤0.01% |
121,979
+38,948
| +47% | +$1.37M |
|
1934
Skywest
SKYW
$4.18B
| $4.04M | ﹤0.01% |
330,439
+52,316
| +19% | +$635K |
|
|
SFXE
1935
DELISTED
SFX ENTERTAINMENT, INC COM
SFXE
| $4.04M | ﹤0.01% |
498,155
-74,903
| -13% | -$546K |
|
1936
CALL
Cleveland-Cliffs
CLF
$6.79B
| $4.03M | ﹤0.01% |
268,000
-265,700
| -50% | -$4.5M |
|
1937
CALL
Affiliated Managers Group
AMG
$9.89B
| $4.03M | ﹤0.01% |
19,600
-300
| -2% | -$58K |
|
1938
CALL
Simon Property Group
SPG
$71B
| $4.02M | ﹤0.01% |
24,200
-59,990
| -71% | -$9.79M |
|
1939
PUT
Eagle Materials
EXP
$6.4B
| $4.02M | ﹤0.01% |
42,600
+11,100
| +35% | +$970K |
|
|
UFS
1940
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
| $4M | ﹤0.01% |
93,300
+50,100
| +116% | +$2.35M |
|
|
PAY
1941
PUT
DELISTED
Verifone Systems Inc
PAY
| $4M | ﹤0.01% |
108,700
+4,100
| +4% | +$140K |
|
1942
Neurocrine Biosciences
NBIX
$15.5B
| $3.98M | ﹤0.01% |
268,134
+224,291
| +512% | +$3.17M |
|
1943
CALL
Enovis
ENOV
$1.5B
| $3.97M | ﹤0.01% |
30,909
+25,448
| +466% | +$3.18M |
|
|
NATI
1944
DELISTED
National Instruments Corp
NATI
| $3.96M | ﹤0.01% |
122,324
-284,301
| -70% | -$8.17M |
|
|
HOT
1945
CALL
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $3.96M | ﹤0.01% |
49,000
-20,500
| -29% | -$1.61M |
|
|
GXP
1946
DELISTED
Great Plains Energy Incorporated
GXP
| $3.96M | ﹤0.01% |
147,250
-480,091
| -77% | -$12.5M |
|
|
SCAI
1947
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $3.95M | ﹤0.01% |
135,888
+18,954
| +16% | +$554K |
|
1948
PUT
Lincoln National
LNC
$8.7B
| $3.95M | ﹤0.01% |
76,800
-27,000
| -26% | -$1.33M |
|
1949
PUT
Marriott International
MAR
$93B
| $3.95M | ﹤0.01% |
61,600
+27,700
| +82% | +$1.64M |
|
1950
CALL
Manitowoc
MTW
$746M
| $3.95M | ﹤0.01% |
132,586
+44,490
| +51% | +$1.18M |
|
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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.