In this article we discuss billionaire Ken Griffin’s top 5 stock holdings. If you want to read our detailed analysis of Ken Griffin’s hedge fund performance and returns, go directly to Billionaire Ken Griffin’s Top 10 Stock Holdings.
5. T-Mobile Us Inc (NASDAQ: TMUS)
Citadel shed 39% of its stake in T-Mobile in the third quarter, entering the next quarter with 4.15 million shares of the company, worth $474.96 million. T-Mobile shares gained in January after Morgan Stanley reiterated its Overweight rating based on the company’s announcement that it added 1.7 million net subscribers in the fourth quarter. KeyBanc also praised the numbers, reiterating its Overweight rating with a price target of $135.
A total of 94 hedge funds tracked by Insider Monkey are bullish on T-Mobile, as of the end of the third quarter.
Related Article: Where Do Hedge Funds Stand On T-Mobile US, Inc. (TMUS)?