Billionaire Ken Griffin Is Loading Up on These 5 Stocks

2. DocuSign, Inc. (NASDAQ:DOCU)

Number of Hedge Fund Holders: 49 

Percentage Increase in Stake During Q4: 20,790%  

DocuSign, Inc. (NASDAQ:DOCU) provides cloud-based software. According to the latest data, Citadel owned 564,011 shares of DocuSign, Inc. (NASDAQ:DOCU) at the end of the fourth quarter of 2021 worth $85.9 million, representing 0.01% of its portfolio. The company has been in the Citadel portfolio since the third quarter of 2018. 

DocuSign, Inc. (NASDAQ:DOCU) is also attracting the interest of other hedge funds. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Tiger Global Management LLC is a leading shareholder in DocuSign, Inc. (NASDAQ:DOCU) with 6.9 million shares worth more than $1 billion. 

In its Q2 2021 investor letter, Carillon Tower Advisers, an asset management firm, highlighted a few stocks and DocuSign, Inc. (NASDAQ:DOCU) was one of them. Here is what the fund said:

“DocuSign provides electronic signature solutions. The firm reported an excellent quarter and investors have appreciated the strong growth combined with the excellent margins the company has posted. DocuSign has a long runway of growth ahead and we believe that it remains in a favorable position to continue gaining market share from traditional manual and paper-based signature solutions.”