Billionaire Ken Griffin’s Top 5 Stock Picks

2. Facebook, Inc. (NASDAQ: FB)

Value: $839,157,000
Percent of Ken Griffin’s 13F Portfolio: 0.22%
No. of Hedge Fund Holders: 242

Billionaire Ken Griffin’s Citadel increased its stake in Facebook by 7% in the fourth quarter. It now owns 3.1 million shares of the company, worth $839 million. Facebook stock is up 85% over the last 12 months. According to our database, the number of FB’s long hedge funds positions increased at the end of the fourth quarter of 2020. There were 242 hedge funds that hold a position in Facebook compared to 230 funds in the third quarter. The biggest stakeholder of the company is SB Management, with 12 million shares, worth $3.3 billion. FB ranks 3rd in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.