Billionaire Ken Griffin Now Owns Six Percent of Take-Two

According to documents unearthed by Motley Fool, Billionaire Ken Griffin has increased his financial stake in publisher Take-Two Interactive. Ken Griffin's Citadel Investment Group now holds 5.5 million shares in the company, according to a December 28 filing with the Securities and Exchange Commission. That's a substantial jump from the 3 million shares of Take-Two stock held by Griffin's group in October of 2012. This puts Griffin's holding in the company at about 6 percent.

While that might seem like a big stake in the company, it's not quite as big as billionaire Carl Icahn's holdings in Take-Two; he disclosed that he owns 8.7 million Take-Two shares in November 2012.

The latest Grand Theft Auto game, GTA V, is likely causing excitement among those who have heavy investments in the company. GTAV is set for release sometime this Spring for Xbox 360 and PlayStation 3.

Source: Motley Fool by way of GameSpot

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