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 | |
|---|---|---|---|---|---|---|
|
ARRS
1951
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $3.94M | ﹤0.01% |
121,240
-211,963
| -64% | -$6.27M |
|
|
KMR
1952
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $3.94M | ﹤0.01% |
51,590
+19,883
| +63% | +$1.41M |
|
1953
CALL
Eastman Chemical
EMN
$8.47B
| $3.93M | ﹤0.01% |
45,000
-21,200
| -32% | -$1.84M |
|
1954
Main Street Capital
MAIN
$5.5B
| $3.93M | ﹤0.01% |
119,385
+53,657
| +82% | +$1.69M |
|
1955
Valmont Industries
VMI
$9.56B
| $3.92M | ﹤0.01% |
25,830
-16,540
| -39% | -$2.55M |
|
1956
State Street Materials Select Sector SPDR ETF
XLB
$8.6B
| $3.92M | ﹤0.01% |
158,112
+12,038
| +8% | +$291K |
|
|
TRLA
1957
CALL
DELISTED
TRULIA INC (DEL)
TRLA
| $3.92M | ﹤0.01% |
82,800
+29,200
| +54% | +$1.07M |
|
1958
National Fuel Gas
NFG
$7.79B
| $3.92M | ﹤0.01% |
50,054
+26,386
| +111% | +$1.95M |
|
|
RKUS
1959
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $3.92M | ﹤0.01% |
328,921
+218,784
| +199% | +$2.32M |
|
1960
Wynn Resorts
WYNN
$10.6B
| $3.91M | ﹤0.01% |
18,820
-56,158
| -75% | -$11.6M |
|
1961
CALL
Illinois Tool Works
ITW
$82.8B
| $3.9M | ﹤0.01% |
44,600
-11,100
| -20% | -$954K |
|
|
ARII
1962
PUT
DELISTED
American Railcar Industries, Inc.
ARII
| $3.9M | ﹤0.01% |
57,600
+34,200
| +146% | +$2.2M |
|
1963
CALL
Edwards Lifesciences
EW
$52.8B
| $3.9M | ﹤0.01% |
272,400
-113,400
| -29% | -$1.54M |
|
1964
PUT
Tractor Supply
TSCO
$18.7B
| $3.9M | ﹤0.01% |
322,500
+31,000
| +11% | +$406K |
|
1965
Oceaneering
OII
$5.2B
| $3.9M | ﹤0.01% |
49,848
-365,034
| -88% | -$26.8M |
|
1966
Bright Horizons
BFAM
$3.75B
| $3.89M | ﹤0.01% |
90,575
-51,358
| -36% | -$2.08M |
|
|
AMTD
1967
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $3.89M | ﹤0.01% |
124,000
+43,100
| +53% | +$1.34M |
|
1968
CALL
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $3.88M | ﹤0.01% |
202,600
-196,400
| -49% | -$3.64M |
|
1969
Clorox
CLX
$12.8B
| $3.88M | ﹤0.01% |
42,403
+28,261
| +200% | +$2.53M |
|
1970
CALL
Estee Lauder
EL
$31.2B
| $3.87M | ﹤0.01% |
52,100
| – | – |
|
|
PAY
1971
CALL
DELISTED
Verifone Systems Inc
PAY
| $3.86M | ﹤0.01% |
105,000
-28,400
| -21% | -$968K |
|
|
RNDY
1972
DELISTED
ROUNDYS INC COM STK
RNDY
| $3.85M | ﹤0.01% |
698,528
-85,560
| -11% | -$502K |
|
|
CSH
1973
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $3.84M | ﹤0.01% |
190,677
-116,382
| -38% | -$2.34M |
|
1974
PUT
Check Point Software Technologies
CHKP
$13.4B
| $3.84M | ﹤0.01% |
57,300
+19,500
| +52% | +$1.28M |
|
|
ONIT
1975
CALL
Onity Group
ONIT
$328M
| $3.84M | ﹤0.01% |
6,900
-4,280
| -38% | -$2.33M |
|
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.