Stocks Billionaire Ken Griffin Is Selling In 2022


The CEO and founder of Citadel Investment Group is Kenneth C. Griffin. In 1987, he started his financial career from his Harvard dorm room. He started Citadel while still an undergraduate because he thought that combining talent and technology will lead to reliable, effective long-term performance. The flagship fund of Citadel Investment Group increased by 7.5 percent in April, bringing its performance for the year to 12.7 percent. Citadel Equities, a hedge fund, has increased 6.46 percent over the past five months. Since January, the portfolio’s Tactical Trading has increased by 9.85 percent.

Insider Monkey highlighted stocks billionaire Ken Griffin is selling in 2022. By the end of March 2022, Ken Griffin had sold all of his stock in Canopy Growth Corporation. With “shrinking” Canadian cannabis sales and declining consumer revenue, the firm reported another loss-making quarter in Q4. Revenue for BHP Group increased from $42.9 billion in 2020 to $60.8 billion in 2021, a 41.66 percent increase. Year to date, the company’s shares have increased by 4.65 percent. Dolby Laboratories, Inc. is an American business that specializes in spatial audio, HDR imagery, audio noise reduction, and audio encoding/compression. The company’s solutions are used to improve image and sound quality during content generation, distribution, and playback. A biotechnology business situated in California named 10x Genomics, Inc. creates and develops gene sequencing technologies. On May 4, the company released its Q1 earnings, exceeding projections by $0.19 with an EPS of -$0.14. The American restaurant and food business Dine Brands Global, Inc. is headquartered in California. IHOP and Applebee’s are well-known brands that are managed and run by the firm. With the likelihood of a recession increasing, some investors may see eateries as “uninvestable.” For more details, click the 10 Stocks Billionaire Ken Griffin Is Selling In 2022.