Keith Gill, known as 'Roaring Kitty' or 'DeepF------Value', revealed his GameStop portfolio worth nearly $300 million, consisting of 5 million shares and 120,000 call options expiring in June 2024.[1] If GameStop's stock closes above $20 on the expiration date, Gill could acquire an additional 12 million shares, making him the fourth-largest shareholder with a total of 17 million shares worth around $476 million.[1]
Gill's wealth skyrocketed from an initial $53,000 investment in 2019, inspiring a horde of retail traders to target short sellers.[1] By April 2021, he had exercised options to amass 200,000 shares.[1] While some experts caution about the risks of such a large options position, Gill's paper gains reached $79 million in a single day this week.[1]
Sources [1] How Roaring Kitty's wealth went from $53,000 to nearly $300 million — and could one day top $1 billion https://www.cnbc.com/2024/06/04/how-roaring-kittys-wealth-went-from-53000-to-nearly-300-million-and-could-one-day-top-1-billion.html [2] Roaring Kitty is back. Investors should stay away - Fortune https://fortune.com/crypto/2024/05/14/roaring-kitty-meme-stock-returns-investors-should-stay-away/ [3] GameStop Soars As 'Roaring Kitty' Reveals Huge Stake - Bankrate https://www.bankrate.com/investing/gamestop-soars-roaring-kitty-reveals-stake/ [4] One theory on how Roaring Kitty amassed such a giant GameStop ... https://www.morningstar.com/news/marketwatch/2024060421/one-theory-on-how-roaring-kitty-amassed-such-a-giant-gamestop-position [5] GameStop stock soars after Keith Gill, or "Roaring Kitty ... - CBS News https://www.cbsnews.com/news/gme-keith-gill-gamestop-stock-price/
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