GameStop guru 'Roaring Kitty' says he has $40 million in his portfolio - a 1,100% gain in 3 months
Keith Gillboasted $40 million of GameStopshares, call options, and cash on Wednesday.
- The retail investor's portfolio surged 1,100% in value last quarter.
- Gill, who goes by
Roaring Kitty, doubled down on GameStop in February.
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The amateur investor who helped inspire the GameStop short squeeze ended the first quarter with $40 million in his portfolio - a 1,100% gain in three months.Keith Gill, who goes by u/DeepFuckingValue on Reddit and the name Roaring Kitty on YouTube, posted a screenshot of his portfolio on the Wall Street Bets subreddit on Wednesday. It showed a total of $39.8 million in assets, comprising $19 million in GameStop shares, $8.9 million in bullish call options on the stock, and $11.9 million in cash.
Many investors would have been tempted to cash out their profits, but Gill doubled his direct holding to 100,000 shares in mid-February. GameStop's stock price rallied from around $40 on February 19 to $190 on March 31, resulting in a strong rebound for his portfolio.Insider was unable to verify Gill's screenshots, but the Wall Street Journal viewed his trading account in January and confirmed it held over $30 million in assets at the time.
Gill's massive windfall isn't just the product of a social-media mob targeting a heavily shorted stock in an attempt to get rich quick and stick it to Wall Street. It also reflects an early endorsement from "The Big Short" investor
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