Today we are going to take a look at billionaire Ken Griffin’s top 5 stock picks. according to Insider Monkey’s investigation. If you want to skip our short summarize and see the original directly, please click to billionaire Ken Griffin’s top stock picks. American Kenneth Cordele Griffin, the 52 year-old billionaire investor launched his fund Citadel in 1990. His worth is around $16 billion, and he is considered a stock-picking genius.
Now let’s review his top picks briefly, starting with Microsoft Corporation on the fifth spot. The company’s value is at $576,472,000, it represents 0.15% of Griffin’s portfolio. There are 258 hedge fund holders in Microsoft. The shares of Microsoft rallied 66% during the pas twelve months, and Griffin’s Citadel boosted his position in MSFT by around 50%. Currently Citadel has 2.6 million shares of the company, at a value of $576.47 million. Fisher Asset Management is among the largest stakeholders in Microsoft with owning 23.4 million shares, at a value of $5.2 billion at the end of the last quarter of 2020. The Procter & Gamble Company ranks fourth in Griffin’s portfolio with a value of $579,694,000. The company represents 0.15% of his 13F portfolio. The Ohio-based Procter & Gamble announced in January that its revenue boosted 8% for the fiscal second quarter, due to the continually growing demand for its shaving, cleaning and styling products. EPS in the period was at $1.664, beating the forecast of $1.51. Citadel raised its stake in the firm by 117%, so currently Griffin owns a stake of $578 million in the Procter & Gamble. According to Insider Monkey’s database, in the third quarter of 2020 there were 75 hedge funds in the company, while this number jumped to 83 in the next period. Procter & Gamble is followed by Facebook, Inc. on the second spot with a value of $839,157,000. The company represents 0.22% of his 13F portfolio. Griffin’s Citadel boosted its hold in Facebook by 7% in the last quarter of 2020. Currently it has a position of 3.1 million shares at a value of $839 million. During the past twelve months, facebook stock rallied 85%, and according to Insider Monkey’s track there were 230 long hedge funds in Facebook in the third quarter of 2020, while in the next period this number increased to 242 funds. The largest stakeholder is SB Management with owning 12 million shares, at a value of $3.3 billion.