In its latest 13F filing, Citadel Investment Group, led by Ken Griffin, revealed its equity portfolio, worth more than $70 billion, for the second quarter of 2014. The hedge fund revealed more than 10,000 positions in its filing with the U.S. Securities and Exchange Commission. From the fund’s second-quarter 2014 portfolio, we have picked three top positions and we will discuss those in this article.
Like other hedge funds, Citadel loves Apple Inc. (NASDAQ:AAPL), which is the largest holding on the list. The fund reported owning a $796.7 million stake, which contains 8.57 million shares. In Apple Inc. (NASDAQ:AAPL), D.E. Shaw & Co, managed by David E. Shaw, revealed ownership of 11.89 million shares, with a reported value of $1.10 billion. Carl Icahn holds 52.76 million Apple Inc. (NASDAQ:AAPL) shares which have a total value of $4.9 billion.
Citadel upped its stake in Baker Hughes Incorporated (NYSE:BHI) to 5.37 million shares, worth $400.1 million, from 1.57 million shares of the company. Baker Hughes Incorporated (NYSE:BHI) is engaged in supply of oilfield services, products, technology and systems to the worldwide oil and natural gas industry, and has a market cap of nearly $30 billion. Greenhaven Associates, led by Edgar Wachenheim, reported holding 9.35 million shares, and Richard S. Pzena’s Pzena Investment Management disclosed ownership of 5.13 million shares of Baker Hughes Incorporated (NYSE:BHI).
On the fifth position is Danaher Corporation (NYSE:DHR), in which the fund boosted its position to 4.42 million shares from 2.38 million shares. The reported value of the holding is $347.7 million. Danaher Corporation (NYSE:DHR) is a global science and technology innovator, with a market cap of $53.9 billion. For the second quarter of 2014, Danaher Corporation (NYSE:DHR) reported revenues of $5.0 billion, up from $4.7 billion in the same quarter of 2013.
Other significant shareholders of the company include Senator Investment Group, managed by Doug Silverman and Alexander Klabin, which owns 4.50 million shares, and Generation Investment Management, led by David Blood and Al Gore, which holds 3.10 million shares of the company.