Billionaire Ken Griffin’s Top 5 Stock Holdings

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1. Amazon.com, Inc. (NASDAQ: AMZN)

Ken Griffin slashed his stake in Amazon by 36% in the third quarter, ending the period with 494,435 shares of the company, worth $1.56 billion. Amazon recently reported yet another spectacular quarter, crushing past analysts’ forecasts. The company reported its largest quarter by revenue of all time at $125.56 billion. Amazon said that its results were helped by a record holiday season, in which it delivered over a billion products to its customers worldwide.

Amazon CEO Jeff Bezos announced that he will step down from his position as the company CEO. He will be replaced by AWS CEO Andy Jassy.

Amazon is extremely popular among the smart money, as 245 hedge funds tracked by Insider Monkey held stakes in the e-commerce giant entering the fourth quarter.

You can also take a peek at Billionaire David Siegel’s Top 10 Stock Picks and 10 Best Defense Stocks To Buy For 2021.

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