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Citadel Discloses Huge Stake in Tesla Stock

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Tesla stock has surged this year, despite the coronavirus-hampered markets.

Citadel CEO Ken Griffin said he has beneficial ownership through company entities, including the hedge fund, a total of 7,864,059 Tesla shares (ticker: TSLA) as of Friday, April 24. That’s a 4.3% stake in Tesla. Citadel’s hedge fund owns 116,736 shares of Tesla, an 0.1% stake, while market-making business Citadel Securities owns 7,747,323 shares, a 4.2% stake. Griffin disclosed the holding in a form he filed with the Securities and Exchange Commission.

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