A convenient two-step route was developed to prepare new anionic ATRP macroinitiators from near-monodisperse poly(2-hydroxyethyl methacrylate) precursors by partial esterification with 2-bromoisobutyryl bromide, followed by esterification of the remaining hydroxyl groups using excess 2-sulfobenzoic acid cyclic anhydride. These new macroinitiators can be electrostatically adsorbed onto ultrafine cationic Ludox CL silica sols; subsequent surface polymerization of various hydrophilic monomers in aqueous solution at room temperature afforded a range of polymer-grafted ultrafine silica sols. The resulting sterically stabilized particles were characterized by dynamic light scattering, transmission electron microscopy, aqueous electrophoresis, FTIR spectroscopy, and elemental microanalyses.