Ken Griffin of Citadel sold 5.1 million shares of Palantir, reducing his stake by 91%. Meanwhile, he bought 4.7 million shares of Nvidia, increasing his stake by 194%. Nvidia is the second largest position in Citadel's portfolio, excluding options contracts and index funds.

Any list of the greatest hedge fund managers of all time should include Ken Griffin. Today, Citadel ranks among the largest and most successful hedge funds in the U.S. And Griffin is worth around $46.

Artificial intelligence (AI) has defined the investment narrative of 2024, and Palantir Technologies Inc. (PLTR) has emerged as a massive beneficiary of this transformative trend thanks to its cutting-edge Artificial Intelligence Platform (AIP),