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 | |
|---|---|---|---|---|---|---|
2451
PUT
Sysco
SYY
$39.7B
| $2.41M | ﹤0.01% |
64,300
-49,500
| -43% | -$1.82M |
|
2452
CALL
Zimmer Biomet
ZBH
$19.2B
| $2.4M | ﹤0.01% |
23,793
+13,493
| +131% | +$1.32M |
|
|
MNDT
2453
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $2.4M | ﹤0.01% |
59,098
+47,070
| +391% | +$1.83M |
|
2454
World Acceptance Corp
WRLD
$908M
| $2.4M | ﹤0.01% |
31,547
+21,259
| +207% | +$1.66M |
|
2455
IPG Photonics
IPGP
$3.65B
| $2.4M | ﹤0.01% |
+34,812
| New | +$2.35M |
|
|
VER
2456
PUT
DELISTED
VEREIT, Inc.
VER
| $2.39M | ﹤0.01% |
38,200
+26,620
| +230% | +$1.71M |
|
2457
Gartner
IT
$11.4B
| $2.39M | ﹤0.01% |
+33,922
| New | +$2.36M |
|
|
FIO
2458
PUT
DELISTED
FUSION-IO INC COM
FIO
| $2.39M | ﹤0.01% |
211,600
+79,600
| +60% | +$739K |
|
|
CTCT
2459
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $2.39M | ﹤0.01% |
74,428
-68,698
| -48% | -$1.91M |
|
|
ANDV
2460
DELISTED
Andeavor
ANDV
| $2.39M | ﹤0.01% |
40,725
-1,109,307
| -96% | -$61.2M |
|
2461
The Mosaic Company
MOS
$6.87B
| $2.39M | ﹤0.01% |
48,303
-199,173
| -80% | -$9.81M |
|
|
BIG
2462
CALL
DELISTED
Big Lots, Inc.
BIG
| $2.39M | ﹤0.01% |
52,200
-31,300
| -37% | -$1.27M |
|
2463
Kforce
KFRC
$1.04B
| $2.38M | ﹤0.01% |
110,115
+48,974
| +80% | +$1.07M |
|
|
MWE
2464
PUT
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $2.38M | ﹤0.01% |
33,300
+17,600
| +112% | +$1.13M |
|
|
TIBX
2465
PUT
DELISTED
TIBCO SOFTWARE INC
TIBX
| $2.38M | ﹤0.01% |
118,100
+52,400
| +80% | +$1.05M |
|
2466
Gerdau
GGB
$9.3B
| $2.38M | ﹤0.01% |
508,579
+389,810
| +328% | +$1.91M |
|
2467
PUT
NiSource
NI
$20.4B
| $2.38M | ﹤0.01% |
153,718
+120,887
| +368% | +$1.75M |
|
2468
CALL
Pitney Bowes
PBI
$2.25B
| $2.37M | ﹤0.01% |
85,900
+39,300
| +84% | +$1.05M |
|
2469
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $2.37M | ﹤0.01% |
54,859
+24,785
| +82% | +$1.05M |
|
|
SOHU
2470
PUT
Sohu.com
SOHU
$378M
| $2.37M | ﹤0.01% |
41,100
+3,800
| +10% | +$222K |
|
2471
PUT
Protolabs
PRLB
$2.2B
| $2.37M | ﹤0.01% |
28,900
-3,200
| -10% | -$217K |
|
|
HMSY
2472
DELISTED
HMS Holdings Corp.
HMSY
| $2.37M | ﹤0.01% |
115,976
+29,623
| +34% | +$534K |
|
2473
PUT
Sturm, Ruger & Co
RGR
$602M
| $2.37M | ﹤0.01% |
40,100
-7,500
| -16% | -$469K |
|
2474
CALL
Waste Management
WM
$89.8B
| $2.37M | ﹤0.01% |
52,900
+13,400
| +34% | +$583K |
|
|
DF
2475
PUT
DELISTED
Dean Foods Company
DF
| $2.37M | ﹤0.01% |
134,500
+117,000
| +669% | +$1.91M |
|
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 1,057 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.