Ken Griffin acquired 16M Pfizer shares worth $398M. That's 0.34% of their equity portfolio (42nd largest holding). The first Pfizer trade was made in Q2 2013. Since then Ken Griffin bought shares 65 more times and sold shares on 52 occasions. The investor's estimated purchase price is $597M, resulting in a loss of 33%.
Hedge funds managed by Israel Englander and Ken Griffin both scooped up shares in a troubled pharmaceutical stock last quarter.
Ken Griffin's Citadel continues to add to its position in Pfizer.