Ken Griffin Stock Portfolio: Top 5 Stock Picks

In this piece, we will take a look at the top five stock picks of Ken Griffin and his hedge fund Citadel Investment Group. If you want to learn how the hedge fund has done this year and when Mr. Griffin believes a recession might hit America, then read Ken Griffin Stock Portfolio: Top 10 Stock Picks.

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

Citadel Investment’s Q3 2023 Investment: $744 million

JPMorgan Chase & Co. (NYSE:JPM) is one of the biggest private banks in the world. As part of its third quarter earnings, which beat analyst EPS and revenue estimates, JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon sounded the alarm bells as he warned that the world might be seeing its most dangerous time in decades due to geopolitical conflict.

For their Q2 2023 shareholdings, 106 out of the 910 hedge funds profiled by Insider Monkey had held a stake in JPMorgan Chase & Co. (NYSE:JPM). In the following quarter, Ken Fisher’s Fisher Asset Management was the firm’s biggest shareholder as it owned a $1.6 billion stake.

4. Humana Inc. (NYSE:HUM)

Citadel Investment’s Q3 2023 Investment: $773 million

Humana Inc. (NYSE:HUM) is an American healthcare coverage provider headquartered in Louisville, Kentucky. The firm has beaten analyst EPS estimates in all four of its latest quarters, and its shares are rated Buy on average.

For their June quarter of 2023 shareholdings, 70 out of the 910 hedge funds part of Insider Monkey’s database were Humana Inc. (NYSE:HUM)’s investors. In Q3 2023, the biggest shareholder was Ken Griffin’s Citadel Investment Group due to its $773 million investment.

3. NVIDIA Corporation (NASDAQ:NVDA)

Citadel Investment’s Q3 2023 Investment: $893 million

NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor designer that sells different kinds of chips. Its high end GPUs continue to be at the center of the global clash of technology and politics, as Chinese technology giant Tencent announced in November that it had amassed enough NVIDIA Corporation (NASDAQ:NVDA) GPUs to outlast any sanctions.

During Q2 2023, 175 out of the 910 hedge funds profiled by Insider Monkey had bought and owned the firm’s shares. In the following quarter, NVIDIA Corporation (NASDAQ:NVDA)’s largest hedge fund investor in our database was Rajiv Jain’s GQG Partners as it owned $6.1 billion worth of shares.

2. Boston Scientific Corporation (NYSE:BSX)

Citadel Investment’s Q3 2023 Investment: $1.1 billion

Boston Scientific Corporation (NYSE:BSX) is a healthcare company that makes and sells medical devices used by heart patients. Like several other firms on our list, it has also beaten analyst EPS estimates in all four of its latest quarter, and the shares are also rated Strong Buy on average with an average share price target of $60.48.

Insider Monkey’s second quarter of 2023 survey covering 910 hedge funds revealed that 69 had invested in Boston Scientific Corporation (NYSE:BSX). During the third quarter, Ken Griffin’s Citadel Investment Group was the biggest shareholder, owning 21 million shares that are worth $1.1 billion.

1. Microsoft Corporation (NASDAQ:MSFT)

Citadel Investment’s Q3 2023 Investment: $1.5 billion

Microsoft Corporation (NASDAQ:MSFT) is a global technology behemoth with a presence in consumer and enterprise computing. The firm has continued to beef up its AI portfolio this year, and the latest development on this front saw Microsoft Corporation (NASDAQ:MSFT) announce generative AI capabilities for its cybersecurity threat detection platform.

300 out of the 910 hedge funds part of Insider Monkey’s database had bought the firm’s shares as of Q2 2023 end. In Q3 2023, Michael Larson’s Bill & Melinda Gates Foundation Trust was the largest investor courtesy of its $12.4 billion investment.

Disclosure: None. You can also take a look at 12 Cheap High Dividend Stocks To Buy Right Now and These Cathie Wood Stocks Are On Sale Now.

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