Jeff Yass vs. Ken Griffin: 1 Billionaire's Firm Is Selling Nvidia Stock While the Other's Has Nearly Tripled Its Stake

Jeff Yass and Ken Griffin are in a league of their own. Yass is the co-founder and managing director at the global quantitative trading firm Susquehanna International Group, while Griffin is CEO of the massive "pod shop" hedge fund Citadel. Both billionaires have built financial empires and are quite skilled at their trade.That's why investors who want to follow their leads anxiously await the quarterly 13F filings, when hedge funds like Susquehanna and Citadel disclose to the Securities and Exchange Commission which stocks they held at the end of the preceding quarter. Funds must file their 13F forms within 45 days of the end of each quarter, and for Q3, that deadline was Nov. 14.Citadel and Susquehanna took different approaches to leading artificial intelligence (AI) chipmaker Nvidia (NASDAQ: NVDA) in Q3: One of them sold shares (not an uncommon theme during the period) while the other firm piled in. Investors should understand that Susquehanna and Citadel are massive firms employing thousands of people and managing tens of billions of dollars, so Yass and Griffin don't make every trade. But they lead their firms, make hiring decisions, and have a lot of oversight and influence.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool