Billionaire Ken Griffin Increased Citadel's Position in This Nvidia Partner by 291%

No other company has benefited more from the artificial intelligence (AI) revolution than Nvidia. The company's compute and networking products are connected to just about every single application in generative AI in some form or fashion.Given its influence on the generational opportunity AI presents, it's not shocking to learn that investors have been eagerly buying Nvidia stock in droves over the last couple of years. With that said, smart investors know that Nvidia isn't the only player in town.While analyzing the most recent 13F filing from Ken Griffin's hedge fund, Citadel Advisors, I came across a pretty interesting move he made last quarter. Namely, Citadel scooped up 787,000 shares of consulting firm Accenture (NYSE: ACN) -- increasing its position by 291%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool