5 Most Famous Hedge Fund Managers and Their Top Stock Picks

3. Ken Griffin

Ken Griffin established and manages Citadel Investment Group, a hedge fund based in Miami, which has a Q3 2022 portfolio worth approximately $439 billion. Citadel LLC is distinct from Citadel Securities, even though both were established and owned by Griffin. He is one of the most famous Wall Street money managers. At the end of September last year, Griffin’s largest stock holding was Amazon.com, Inc. (NASDAQ:AMZN), with 9.25 million shares worth $1 billion. 

Here is what Distillate Capital has to say about Amazon.com, Inc. (NASDAQ:AMZN) in its Q3 2022 investor letter:

“The fund’s relative outperformance occurred despite a nearly 2.5% headwind from being underweight the energy and utilities sectors where cash flow instability and leverage tend to limit our holdings domestically. By individual stock, the largest contributors to relative outperformance were unowned positions in Amazon.com, Inc. (NASDAQ:AMZN) and Tesla which declined around 50% and 65% during the year, respectively.”