BBBY Bull Ken Griffin’s 5 Favorite Stock Picks

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

Number of Hedge Fund Holders: 96  

T-Mobile US, Inc. (NASDAQ:TMUS) provides mobile communication services. Regulatory filings reveal that Citadel owned over 3.6 million shares of T-Mobile US, Inc. (NASDAQ:TMUS) at the end of June 2022 worth $484 million, representing 0.12% of the portfolio. 

On August 18, MoffettNathanson analyst Craig Moffett maintained an Outperform rating on T-Mobile US, Inc. (NASDAQ:TMUS) stock and raised the price target to $174 from $165, noting that the firm had a widening competitive advantage in the 5G space. 

Among the hedge funds being tracked by Insider Monkey, Greenwich-based investment firm Viking Global is a leading shareholder in T-Mobile US, Inc. (NASDAQ:TMUS), with 9 million shares worth more than $1.2 billion.