From Nasdaq: 2024-04-26 05:47:00

1. Ken Griffin, the legendary investor, holds the most successful hedge fund with Citadel. He has a significant stake in Nvidia, adding to his position by 77% in Q4 2023, totaling $1.8 billion. The company’s GPUs are in high demand for generative AI applications.

2. Griffin’s second-largest holding is Microsoft, but he increased Citadel’s stake in Amazon by almost 223% in Q4 2023, making it the third-largest individual stock holding. Improving profitability and growth opportunities in AWS make Amazon attractive.

3. Meta Platforms is Citadel’s fifth-largest holding, with an increased stake of 127% in Q4 2023. Griffin sees potential in Meta’s cost-cutting initiatives and growth opportunities with AI, similar to Amazon. These top stocks pose good buying opportunities with recent pullbacks.



Read more at Nasdaq: Billionaire Ken Griffin Owns All the “Magnificent Seven” Stocks. These 3 Are His Favorites.