Billionaire Ken Griffin’s 2023 Portfolio: Top 5 Stock Picks

In this piece, we will take a look at the top five stocks in billionaire Ken Griffin’s 2023 portfolio. For more stocks, head on over to Billionaire Ken Griffin’s 2023 Portfolio: Top 15 Stock Picks.

5. JPMorgan Chase & Co. (NYSE:JPM)

Citadel Investments’ Q1 2023 Stake: $696 million

JPMorgan Chase & Co. (NYSE:JPM) is the largest private bank in the world in terms of total assets. It is also one of the oldest firms on our list since it was set up in 1799 – soon after the American Revolution. The firm serves the needs of a variety of clients, such as governments, private individuals, and corporations.

100 of the 943 hedge funds part of Insider Monkey’s December quarter of 2022 database had bought JPMorgan Chase & Co. (NYSE:JPM)’s shares. As of Q1 2023, its largest shareholder is Ken Fisher’s Fisher Asset Management with a $1 billion stake.

4. T-Mobile US, Inc. (NASDAQ:TMUS)

Citadel Investments’ Q1 2023 Stake: $726 million

T-Mobile US, Inc. (NASDAQ:TMUS) is one of America’s largest telecommunications carriers. Headquartered in Bellevue, Washington, the firm provides mobile communications products as well as broadband connectivity equipment. It has also partnered up with SpaceX’s Starlink to provide satellite connectivity services.

After sifting through 943 hedge funds to look at their Q4 2022 portfolios, Insider Monkey discovered that 94 had bought T-Mobile US, Inc. (NASDAQ:TMUS)’s shares. The firm’s largest shareholder is Warren Buffett’s Berkshire Hathaway since it owns 5.2 million shares worth $759 million.

3. Adobe Inc. (NASDAQ:ADBE)

Citadel Investments’ Q1 2023 Stake: $731 million

Adobe Inc. (NASDAQ:ADBE) is a software company based in San Jose, California. It provides engineering design and other productivity products.

As of the fourth quarter of last year, 99 of the 943 hedge funds had invested in the firm. In the following quarter, Adobe Inc. (NASDAQ:ADBE)’s largest shareholder is Ken Fisher’s Fisher Asset Management with a $1.8 billion stake.

2. NVIDIA Corporation (NASDAQ:NVDA)

Citadel Investments’ Q1 2023 Stake: $821 million

NVIDIA Corporation (NASDAQ:NVDA) is one of the largest semiconductor designers in the world. It designs and sells graphics processing units that are used in different products such as computers, data centers, and supercomputers.

106 of the 943 hedge funds profiled by Insider Monkey had invested in NVIDIA Corporation (NASDAQ:NVDA) during 2022’s final quarter. The firm’s largest shareholder as of March 2023 is Ken Fisher’s Fisher Asset Management with a $2.7 billion investment.

1. Meta Platforms, Inc. (NASDAQ:META)

Citadel Investments’ Q1 2023 Stake: $823 million

Meta Platforms, Inc. (NASDAQ:META) is the world’s biggest social media company. The firm’s primary social network, Facebook, has billions of users and it also operates other platforms such as Instagram and WhatsApp.

By the end of December 2022, 194 of the 943 hedge funds part of Insider Monkey’s database had bought the firm’s shares. Meta Platforms, Inc. (NASDAQ:META)’s largest investor is Philippe Laffont’s Coatue Management with a $1.7 billion stake courtesy of eight million shares.

Disclosure: None. You can also take a look at  17 Best Gambling Stocks to Buy Now and Billionaire John Paulson’s 2023 Portfolio: Top 15 Stock Picks.

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