Billionaire Ken Griffin’s Top Stock Picks

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#1 Alphabet Inc. (NASDAQ:GOOGL)

Shares Owned by Citadel LLC (as of December 31): 805,708

Value of Citadel LLC’s Holding (as of December 31): $626.85 Million

The Chicago-based Citadel owns 805,708 Class A shares of Alphabet Inc. (NASDAQ:GOOGL) as of the end of 2015, which marks an increase of 1,915 shares quarter-on-quarter. The online advertising company is currently battling Apple Inc. (NASDAQ:AAPL) in becoming the largest company in terms of market cap, after becoming the 12th company that has reached the milestone of being the largest company in the S&P’s 500. The shares of the tech behemoth are up by 29% over the past 12 months. Meanwhile, analysts believe that Alphabet’s shares have more room to run in the upcoming years. The consensus among 30 analysts who recently have raised their price targets on the stock following Alphabet’s stronger-than-expected financial results was $920 per share, which yields an upside of at least 30%. In the meantime, Alphabet has a forward P/E of 17.54, which is somewhat above the average of 16 for the S&P 500. However, the company clearly deserves this high multiple, considering its recent financial performance and its high-potential projects. Lansdowne Partners, managed by Alex Snow, reported owning 1.38 million Class A shares of Alphabet Inc. (NASDAQ:GOOGL) through the fund’s latest 13F filing.

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Disclosure: None

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