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 | |
|---|---|---|---|---|---|---|
176
Truist Financial
TFC
$63.9B
| $91.3M | 0.1% |
2,315,888
+2,298,251
| +13,031% | +$88.1M |
|
177
Diamondback Energy
FANG
$56.5B
| $91.1M | 0.1% |
1,026,083
+438,667
| +75% | +$33.4M |
|
178
SiriusXM
SIRI
$9.61B
| $90.2M | 0.1% |
2,607,435
+2,061,522
| +378% | +$67.1M |
|
179
Mohawk Industries
MHK
$9.26B
| $89.7M | 0.1% |
648,638
+49,409
| +8% | +$6.68M |
|
180
PUT
Biogen
BIIB
$30.1B
| $89.6M | 0.1% |
284,100
-33,200
| -10% | -$9.99M |
|
181
Universal Health Services
UHS
$9.94B
| $89M | 0.1% |
929,252
+783,152
| +536% | +$67.7M |
|
182
Air Products & Chemicals
APD
$68.9B
| $88.9M | 0.1% |
747,452
+429,777
| +135% | +$47.9M |
|
|
TSS
183
DELISTED
Total System Services, Inc.
TSS
| $88.8M | 0.1% |
2,826,883
-1,763,604
| -38% | -$54.1M |
|
184
Bristol-Myers Squibb
BMY
$130B
| $88.4M | 0.1% |
1,821,441
-1,456,553
| -44% | -$71.8M |
|
|
RFMD
185
DELISTED
RF MICRO DEVICES INC
RFMD
| $88.3M | 0.1% |
9,211,242
-13,299,780
| -59% | -$118M |
|
186
Textron
TXT
$15.2B
| $88.1M | 0.1% |
+2,301,517
| New | +$90.2M |
|
187
PUT
eBay
EBAY
$47.2B
| $87.6M | 0.1% |
4,156,812
+2,562,516
| +161% | +$55.8M |
|
|
ATVI
188
DELISTED
Activision Blizzard
ATVI
| $87.2M | 0.1% |
3,911,335
+1,895,270
| +94% | +$39M |
|
189
Ovintiv
OVV
$17.6B
| $87.2M | 0.1% |
735,185
-25,552
| -3% | -$2.96M |
|
|
ALXN
190
DELISTED
Alexion Pharmaceuticals
ALXN
| $85.9M | 0.1% |
549,867
+103,142
| +23% | +$16.3M |
|
|
RAI
191
DELISTED
Reynolds American Inc
RAI
| $85.8M | 0.1% |
2,842,938
-1,777,144
| -38% | -$51M |
|
|
VAL
192
DELISTED
Valspar
VAL
| $85.8M | 0.1% |
1,125,911
+8,639
| +0.8% | +$640K |
|
193
NetApp
NTAP
$38.9B
| $85.7M | 0.1% |
2,347,211
+1,139,583
| +94% | +$40.8M |
|
|
XLNX
194
DELISTED
Xilinx Inc
XLNX
| $85.3M | 0.1% |
1,803,054
+428,956
| +31% | +$20.6M |
|
195
Vulcan Materials
VMC
$37.3B
| $85.3M | 0.1% |
1,337,456
+429,604
| +47% | +$27.2M |
|
|
OCR
196
DELISTED
OMNICARE INC
OCR
| $85M | 0.1% |
1,276,365
-28,503
| -2% | -$1.77M |
|
197
Liberty Media Series A
FWONA
$23.4B
| $84.2M | 0.1% |
3,469,309
+1,902,114
| +121% | +$43.6M |
|
198
Weyerhaeuser
WY
$18B
| $84.1M | 0.1% |
2,542,573
+525,488
| +26% | +$15.9M |
|
199
East-West Bancorp
EWBC
$18.2B
| $83.8M | 0.1% |
2,395,919
+1,020,299
| +74% | +$35.4M |
|
|
NRF
200
DELISTED
NorthStar Realty Finance Corp.
NRF
| $83.5M | 0.1% |
2,447,381
+1,014,008
| +71% | +$31.9M |
|
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.