Billionaire Ken Griffin's Citadel Returned a Whopping $7 Billion to Investors -- These Are 3 of Its Biggest Holdings
Last year, billionaire Ken Griffin's Citadel hedge fund returned around $7 billion in profits to its investors. It now looks as if history will repeat itself. An unnamed insider recently revealed to Reuters that Citadel plans to return another $7 billion or so to investors after generating double-digit gains in 2023.
Citadel owns positions in many stocks and exchange-traded funds (ETFs). These are three of the hedge fund's biggest holdings as of Sept. 30.
Griffin's fund owned more than 5 million shares of (NASDAQ: MSFT) at the end of the third quarter, valued at roughly $1.6 billion. The tech giant has been a huge winner for Citadel in 2023, with its shares soaring more than 55%.
Source Fool.com
Microsoft Corp. Stock
€374.30
-3.160%
The stock is one of the favorites of our community with 111 Buy predictions and 1 Sell predictions.
With a target price of 424 € there is a slightly positive potential of 13.28% for Microsoft Corp. compared to the current price of 374.3 €.
