Griffin's Citadel Accumulates 5.4% Stake in Trina Solar (TSL)
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In a 13G filing on Trina Solar Limited (NYSE: TSL) this morning, Ken Griffin's Citadel Investment Group disclosed a 5.4% stake (135,201,400 shares) in the company. The firm held 446,496 shares at the quarter ended 12/31/ A 13G indicates a 'passive investment'.
Trina Solar Limited, through its subsidiary, Changzhou Trina Solar Energy Co., Ltd., engages in the manufacture and sale of solar-power products primarily in China.
Citadel Investment Group LLC is a $15 billion dollar hedge fund, founded by Kenneth Griffin in 1990. Since its founding, Citadel has grown into one of the world's largest and most successful alternative investment firms.
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