Billionaire Ken Griffin Just Loaded Up on Eli Lilly Stock. Should You?
Griffin's Q2 move is already paying off nicely.
Overview
It's easy for a stock to get lost in the crowd when a portfolio has an enormous number of holdings. Citadel Advisors, the hedge fund founded and led by billionaire Ken Griffin, owns nearly 7,500 stocks and thousands of options, according to its latest 13F filing.
However, a few stocks still stand out with Citadel's second-quarter activity. For example, Griffin especially loaded up on Eli Lilly (NYSE: LLY) in Q2. Should you follow his lead?
Citadel founder and CEO Ken Griffin. Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.