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[https://www.ibtimes.co.uk/ken-griffin-citadel-investment-moves-1780445](https://www.ibtimes.co.uk/ken-griffin-citadel-investment-moves-1780445)
In Q4, Griffin's Citadel Advisors increased its stake in Amazon by 336% or 10.9 million shares in a trade worth over $2.2 billion. The hedge fund also boosted its Nvidia holdings by 119% or 11.74 million shares for $2.2 billion as well.
Citadel's also bumped its stake in Alphabet shares by 55% or 1 million shares in Q4. Other major buys include 5.8 million shares of Netflix, 2.8 million shares of Palantir Technologies, 6.5 million shares of Cognizant Technology, 1.9 million shares of Broadcom, 1.7 million shares of Oracle, 1.5 million shares of Visa, 599,910 shares of Apple, 2.4 million shares of Taiwan Semiconductor Manufacturing, and even 2 million shares of UnitedHealth Group.
However, the hedge fund cut its stake in Meta Platforms by 59% or 1.16 million shares in Q4. It also trimmed its Microsoft holdings by 17.7% or 704,460 shares in the latest quarter.
Investors are offloading Microsoft shares despite a massive quarterly earnings beat amid concerns of growing AI capex forecasts without comparable output or profitable product adoption.
Meanwhile, Needham analyst Laura Martin recently believes that the Meta stock is 'priced for perfection' but could tank by 15% if it misses growth targets. Meta continues to face headwinds from rising AI capex and multiple lawsuits related to patent infringement and the safety of minors on its platforms.