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 | |
|---|---|---|---|---|---|---|
201
PUT
Boeing
BA
$184B
| $83.3M | 0.1% |
655,000
+137,800
| +27% | +$18M |
|
202
PUT
Mastercard
MA
$492B
| $82.5M | 0.09% |
1,123,300
-473,800
| -30% | -$35.2M |
|
|
AGN
203
DELISTED
Allergan Inc
AGN
| $82.3M | 0.09% |
486,356
-561,884
| -54% | -$87.5M |
|
204
PUT
Wynn Resorts
WYNN
$10.8B
| $82.1M | 0.09% |
395,400
+54,600
| +16% | +$11.3M |
|
205
D.R. Horton
DHI
$42.2B
| $81.6M | 0.09% |
3,321,722
-3,015,109
| -48% | -$68.9M |
|
206
EQT Corp
EQT
$34B
| $81.4M | 0.09% |
1,398,868
-1,848,129
| -57% | -$106M |
|
207
Principal Financial Group
PFG
$24.2B
| $81.3M | 0.09% |
1,610,667
-1,270,388
| -44% | -$59.8M |
|
208
PUT
State Street SPDR NYSE Technology ETF
XNTK
$2.22B
| $81.2M | 0.09% |
2,697,600
-1,659,800
| -38% | -$76.5M |
|
209
CF Industries
CF
$17.8B
| $81.1M | 0.09% |
1,685,540
+904,485
| +116% | +$44.2M |
|
|
VR
210
DELISTED
Validus Hold Ltd
VR
| $81.1M | 0.09% |
2,120,171
+820,483
| +63% | +$30.5M |
|
|
MON
211
DELISTED
Monsanto Co
MON
| $81M | 0.09% |
649,234
-438,869
| -40% | -$51.4M |
|
212
Royal Caribbean
RCL
$82.1B
| $80.8M | 0.09% |
1,452,645
+710,384
| +96% | +$38.3M |
|
213
Lam Research
LRCX
$390B
| $80.6M | 0.09% |
11,929,860
-9,644,540
| -45% | -$57.6M |
|
214
PUT
iShares MSCI Australia ETF
EWA
$1.46B
| $80.4M | 0.09% |
1,704,600
-1,005,300
| -37% | -$26.6M |
|
215
CME Group
CME
$93.2B
| $80.1M | 0.09% |
1,129,068
-532,729
| -32% | -$37.5M |
|
216
Brown & Brown
BRO
$23.9B
| $80M | 0.09% |
5,210,446
-5,938,940
| -53% | -$89.3M |
|
|
PXD
217
DELISTED
Pioneer Natural Resource Co.
PXD
| $79.7M | 0.09% |
346,805
+243,529
| +236% | +$50.3M |
|
|
SIVB
218
DELISTED
SVB Financial Group
SIVB
| $79.4M | 0.09% |
680,621
+567,281
| +501% | +$63.3M |
|
219
Martin Marietta Materials
MLM
$33.3B
| $78.8M | 0.09% |
596,781
+94,258
| +19% | +$11.8M |
|
220
Align Technology
ALGN
$12.3B
| $78.6M | 0.09% |
1,401,964
+972,862
| +227% | +$50.6M |
|
221
Sprouts Farmers Market
SFM
$7.87B
| $78.5M | 0.09% |
2,400,604
-124,118
| -5% | -$3.86M |
|
|
ATW
222
DELISTED
Atwood Oceanics
ATW
| $78.5M | 0.09% |
1,496,339
+91,256
| +6% | +$4.5M |
|
223
Edison International
EIX
$26.9B
| $77.3M | 0.09% |
1,329,393
-18,263
| -1% | -$1.02M |
|
|
MNK
224
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $76.9M | 0.09% |
961,003
+476,045
| +98% | +$34.5M |
|
|
CELG
225
DELISTED
Celgene Corp
CELG
| $76.7M | 0.09% |
893,387
+54,099
| +6% | +$4.11M |
|
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.