Jim Simons, the renowned hedge fund manager, the math genius who explores the market inefficiencies through complex math models, reported his 4th quarter portfolio. He runs complex strategies and trades with large number of stocks. His latest filing shows an astonishing 3023 stocks, and 438 of them are new compared with the last quarter.
The flagship fund at Renaissance Technologies was said to have returned 38.5 percent annualized, net of fees from the end of 1989 through 2006. According to an earlier Bloomberg report, the firm uses at least three strategies in their trading. One involved swaps, which are contracts to exchange interest or other payments; another used an electronic order matching system that anonymously links buyers and sellers; and a third made use of Nasdaq and New York Stock Exchange limit order books, which are real-time records of unexecuted orders to buy or sell a stock at a particular price.
Here we would like to highlight some of his top purchases for investors to get some sort of ideas of what he is buying. Jim Simons owns 3023 stocks with a total value of $26.2 billion.
For the details of Jim Simons's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Jim+Simons
This is the sector weightings of his portfolio:
These are the top 5 holdings of Jim Simons
Newmont Mining Corp. is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. Newmont Mining Corp. has a market cap of $22.38 billion; its shares were traded at around $46.58 with a P/E ratio of 24.3 and P/S ratio of 3.6. The dividend yield of Newmont Mining Corp. stocks is 0.8%. Newmont Mining Corp. had an annual average earning growth of 4.5% over the past 10 years.
Genzyme Corporation is a global biotechnology company dedicated to making a major positive impact on the lives of people with serious diseases. Genzyme Corp. has a market cap of $14.8 billion; its shares were traded at around $55.75 with a P/E ratio of 26.8 and P/S ratio of 3.3. Genzyme Corp. had an annual average earning growth of 20.2% over the past 10 years. GuruFocus rated Genzyme Corp. the business predictability rank of 4-star.
Baxter engages in the worldwide development, manufacture and distribution of a diversified line of products, systems and services used primarily in the health-care field. Baxter International Inc. has a market cap of $34.34 billion; its shares were traded at around $56.96 with a P/E ratio of 15 and P/S ratio of 2.8. The dividend yield of Baxter International Inc. stocks is 2%. Baxter International Inc. had an annual average earning growth of 4.8% over the past 10 years. GuruFocus rated Baxter International Inc. the business predictability rank of 4.5-star.
Honeywell International is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control technologies for buildings, homes and industry, automotive products, power generation systems, specialty chemicals, fibers, plastics and electronic and advanced materials. Honeywell International Inc. has a market cap of $30.47 billion; its shares were traded at around $39.93 with a P/E ratio of 14.2 and P/S ratio of 1. The dividend yield of Honeywell International Inc. stocks is 3%. Honeywell International Inc. had an annual average earning growth of 5.2% over the past 10 years.
J.P. Morgan Chase & Co. is a global financial services firm. JPMorgan Chase & Co. has a market cap of $163.7 billion; its shares were traded at around $39.88 with a P/E ratio of 18 and P/S ratio of 1.7. The dividend yield of JPMorgan Chase & Co. stocks is 0.5%.
ITT Corporation supplies advanced technology products and services in several growth markets. Itt Corp. has a market cap of $9.33 billion; its shares were traded at around $51.04 with a P/E ratio of 13.5 and P/S ratio of 0.9. The dividend yield of Itt Corp. stocks is 1.7%. Itt Corp. had an annual average earning growth of 10.6% over the past 10 years. GuruFocus rated Itt Corp. the business predictability rank of 3.5-star.
Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. Capital One Financial Corp. has a market cap of $16.65 billion; its shares were traded at around $37.03 with a P/E ratio of 36 and P/S ratio of 1.1. The dividend yield of Capital One Financial Corp. stocks is 0.5%. Capital One Financial Corp. had an annual average earning growth of 16.3% over the past 10 years.
The Mosaic Company is one of the world's producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic Company The has a market cap of $26.21 billion; its shares were traded at around $58.88 with a P/E ratio of 55.5 and P/S ratio of 2.5. The dividend yield of Mosaic Company The stocks is 0.3%.
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $178.41 billion; its shares were traded at around $197.059 with a P/E ratio of 24.1 and P/S ratio of 4.9. Apple Inc. had an annual average earning growth of 90.5% over the past 5 years.
Ford Motor Company has a market cap of $38.36 billion; its shares were traded at around $11.6 with and P/S ratio of 0.3.
Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. Goldman Sachs Group Inc. The has a market cap of $80.56 billion; its shares were traded at around $156.7 with a P/E ratio of 7.2 and P/S ratio of 1.6. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.9%. Goldman Sachs Group Inc. The had an annual average earning growth of 24.5% over the past 10 years.
Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $9.89 billion; its shares were traded at around $225.09 with a P/E ratio of 28.6 and P/S ratio of 4.2. Priceline.com Inc. had an annual average earning growth of 48.7% over the past 5 years.
DIRECTV Class A is a provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting in the United States and Latin America. Directv Group Inc. The has a market cap of $31.98 billion; its shares were traded at around $33.42 with a P/E ratio of 23 and P/S ratio of 1.5. Directv Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.
Comcast Corp., among the world's communication companies, provides basic cable, digital cable and high speed internet services that connect people to what's important in their lives. Comcast Corp. has a market cap of $46.07 billion; its shares were traded at around $16.14 with a P/E ratio of 13.8 and P/S ratio of 1.3. The dividend yield of Comcast Corp. stocks is 1.7%. Comcast Corp. had an annual average earning growth of 9.6% over the past 10 years.
For the complete list of Jim Simons's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Jim+Simons
The flagship fund at Renaissance Technologies was said to have returned 38.5 percent annualized, net of fees from the end of 1989 through 2006. According to an earlier Bloomberg report, the firm uses at least three strategies in their trading. One involved swaps, which are contracts to exchange interest or other payments; another used an electronic order matching system that anonymously links buyers and sellers; and a third made use of Nasdaq and New York Stock Exchange limit order books, which are real-time records of unexecuted orders to buy or sell a stock at a particular price.
Here we would like to highlight some of his top purchases for investors to get some sort of ideas of what he is buying. Jim Simons owns 3023 stocks with a total value of $26.2 billion.
For the details of Jim Simons's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Jim+Simons
This is the sector weightings of his portfolio:
| Technology | 14.9% |
| Consumer Services | 13.5% |
| Financials | 13.1% |
| Industrials | 12% |
| Consumer Goods | 11.2% |
| Health Care | 11% |
| Oil & Gas | 6.2% |
| Basic Materials | 6.2% |
| Telecommunications | 5.6% |
| Utilities | 3.6% |
These are the top 5 holdings of Jim Simons
- Apple Inc. (AAPL) - 2,566,819 shares, 2.07% of the total portfolio
- Amazon.com Inc. (AMZN) - 2,724,831 shares, 1.4% of the total portfolio
- Ford Motor Company (F) - 31,134,809 shares, 1.19% of the total portfolio
- LORILLARD, INC (LO) - 3,574,600 shares, 1.1% of the total portfolio
- DIRECTV Group Inc. The (DTV) - 5,019,891 shares, 0.64% of the total portfolio
New Purchase: Newmont Mining Corp. (NEM, Financial)
Jim Simons initiated holdings in Newmont Mining Corp.. His purchase prices were between $41.5 and $55.83, with an estimated average price of $48.94. The impact to his portfolio due to this purchase was 0.4%. His holdings were 2,237,800 shares as of 12/31/2009.Newmont Mining Corp. is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. Newmont Mining Corp. has a market cap of $22.38 billion; its shares were traded at around $46.58 with a P/E ratio of 24.3 and P/S ratio of 3.6. The dividend yield of Newmont Mining Corp. stocks is 0.8%. Newmont Mining Corp. had an annual average earning growth of 4.5% over the past 10 years.
New Purchase: Genzyme Corp. (GENZ, Financial)
Jim Simons initiated holdings in Genzyme Corp.. His purchase prices were between $47.95 and $56.72, with an estimated average price of $51.22. The impact to his portfolio due to this purchase was 0.33%. His holdings were 1,746,208 shares as of 12/31/2009.Genzyme Corporation is a global biotechnology company dedicated to making a major positive impact on the lives of people with serious diseases. Genzyme Corp. has a market cap of $14.8 billion; its shares were traded at around $55.75 with a P/E ratio of 26.8 and P/S ratio of 3.3. Genzyme Corp. had an annual average earning growth of 20.2% over the past 10 years. GuruFocus rated Genzyme Corp. the business predictability rank of 4-star.
New Purchase: Baxter International Inc. (BAX, Financial)
Jim Simons initiated holdings in Baxter International Inc.. His purchase prices were between $53.92 and $59.5, with an estimated average price of $56.28. The impact to his portfolio due to this purchase was 0.32%. His holdings were 1,437,502 shares as of 12/31/2009.Baxter engages in the worldwide development, manufacture and distribution of a diversified line of products, systems and services used primarily in the health-care field. Baxter International Inc. has a market cap of $34.34 billion; its shares were traded at around $56.96 with a P/E ratio of 15 and P/S ratio of 2.8. The dividend yield of Baxter International Inc. stocks is 2%. Baxter International Inc. had an annual average earning growth of 4.8% over the past 10 years. GuruFocus rated Baxter International Inc. the business predictability rank of 4.5-star.
New Purchase: Honeywell International Inc. (HON, Financial)
Jim Simons initiated holdings in Honeywell International Inc.. His purchase prices were between $35.6 and $41.31, with an estimated average price of $38.62. The impact to his portfolio due to this purchase was 0.29%. His holdings were 1,927,300 shares as of 12/31/2009.Honeywell International is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control technologies for buildings, homes and industry, automotive products, power generation systems, specialty chemicals, fibers, plastics and electronic and advanced materials. Honeywell International Inc. has a market cap of $30.47 billion; its shares were traded at around $39.93 with a P/E ratio of 14.2 and P/S ratio of 1. The dividend yield of Honeywell International Inc. stocks is 3%. Honeywell International Inc. had an annual average earning growth of 5.2% over the past 10 years.
New Purchase: JPMorgan Chase & Co. (JPM, Financial)
Jim Simons initiated holdings in JPMorgan Chase & Co.. His purchase prices were between $40.27 and $46.03, with an estimated average price of $42.84. The impact to his portfolio due to this purchase was 0.24%. His holdings were 1,504,994 shares as of 12/31/2009.J.P. Morgan Chase & Co. is a global financial services firm. JPMorgan Chase & Co. has a market cap of $163.7 billion; its shares were traded at around $39.88 with a P/E ratio of 18 and P/S ratio of 1.7. The dividend yield of JPMorgan Chase & Co. stocks is 0.5%.
New Purchase: ITT Corp. (ITT, Financial)
Jim Simons initiated holdings in ITT Corp.. His purchase prices were between $48.56 and $56.63, with an estimated average price of $51.97. The impact to his portfolio due to this purchase was 0.19%. His holdings were 1,016,200 shares as of 12/31/2009.ITT Corporation supplies advanced technology products and services in several growth markets. Itt Corp. has a market cap of $9.33 billion; its shares were traded at around $51.04 with a P/E ratio of 13.5 and P/S ratio of 0.9. The dividend yield of Itt Corp. stocks is 1.7%. Itt Corp. had an annual average earning growth of 10.6% over the past 10 years. GuruFocus rated Itt Corp. the business predictability rank of 3.5-star.
New Purchase: Capital One Financial Corp. (COF, Financial)
Jim Simons initiated holdings in Capital One Financial Corp.. His purchase prices were between $33.19 and $41.05, with an estimated average price of $38.34. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,028,699 shares as of 12/31/2009.Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. Capital One Financial Corp. has a market cap of $16.65 billion; its shares were traded at around $37.03 with a P/E ratio of 36 and P/S ratio of 1.1. The dividend yield of Capital One Financial Corp. stocks is 0.5%. Capital One Financial Corp. had an annual average earning growth of 16.3% over the past 10 years.
New Purchase: Mosaic Company The (MOS)
Jim Simons initiated holdings in Mosaic Company The. His purchase prices were between $45.96 and $61.69, with an estimated average price of $53.9. The impact to his portfolio due to this purchase was 0.15%. His holdings were 663,900 shares as of 12/31/2009.The Mosaic Company is one of the world's producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic Company The has a market cap of $26.21 billion; its shares were traded at around $58.88 with a P/E ratio of 55.5 and P/S ratio of 2.5. The dividend yield of Mosaic Company The stocks is 0.3%.
Added: Apple Inc. (AAPL, Financial)
Jim Simons added to his holdings in Apple Inc. by 145.13%. His purchase prices were between $184.9 and $211.64, with an estimated average price of $197.95. The impact to his portfolio due to this purchase was 1.23%. His holdings were 2,566,819 shares as of 12/31/2009.Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $178.41 billion; its shares were traded at around $197.059 with a P/E ratio of 24.1 and P/S ratio of 4.9. Apple Inc. had an annual average earning growth of 90.5% over the past 5 years.
Added: Ford Motor Company (F, Financial)
Jim Simons added to his holdings in Ford Motor Company by 267.95%. His purchase prices were between $6.84 and $10.2, with an estimated average price of $8.44. The impact to his portfolio due to this purchase was 0.87%. His holdings were 31,134,809 shares as of 12/31/2009.Ford Motor Company has a market cap of $38.36 billion; its shares were traded at around $11.6 with and P/S ratio of 0.3.
Added: Goldman Sachs Group Inc. The (GS)
Jim Simons added to his holdings in Goldman Sachs Group Inc. The by 1611.24%. His purchase prices were between $160.93 and $190.48, with an estimated average price of $172.62. The impact to his portfolio due to this purchase was 0.53%. His holdings were 867,600 shares as of 12/31/2009.Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. Goldman Sachs Group Inc. The has a market cap of $80.56 billion; its shares were traded at around $156.7 with a P/E ratio of 7.2 and P/S ratio of 1.6. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.9%. Goldman Sachs Group Inc. The had an annual average earning growth of 24.5% over the past 10 years.
Added: Priceline.com Inc. (PCLN)
Jim Simons added to his holdings in Priceline.com Inc. by 1989.96%. His purchase prices were between $157.79 and $229.24, with an estimated average price of $197.73. The impact to his portfolio due to this purchase was 0.45%. His holdings were 562,199 shares as of 12/31/2009.Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $9.89 billion; its shares were traded at around $225.09 with a P/E ratio of 28.6 and P/S ratio of 4.2. Priceline.com Inc. had an annual average earning growth of 48.7% over the past 5 years.
Added: DirecTV Group Inc. The (DTV, Financial)
Jim Simons added to his holdings in Directv Group Inc. The by 185.25%. His purchase prices were between $25.44 and $33.97, with an estimated average price of $30.15. The impact to his portfolio due to this purchase was 0.42%. His holdings were 5,019,891 shares as of 12/31/2009.DIRECTV Class A is a provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting in the United States and Latin America. Directv Group Inc. The has a market cap of $31.98 billion; its shares were traded at around $33.42 with a P/E ratio of 23 and P/S ratio of 1.5. Directv Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.
Added: Comcast Corp. (CMCSA)
Jim Simons added to his holdings in Comcast Corp. by 138.89%. His purchase prices were between $14.06 and $17.64, with an estimated average price of $15.76. The impact to his portfolio due to this purchase was 0.37%. His holdings were 9,731,899 shares as of 12/31/2009.Comcast Corp., among the world's communication companies, provides basic cable, digital cable and high speed internet services that connect people to what's important in their lives. Comcast Corp. has a market cap of $46.07 billion; its shares were traded at around $16.14 with a P/E ratio of 13.8 and P/S ratio of 1.3. The dividend yield of Comcast Corp. stocks is 1.7%. Comcast Corp. had an annual average earning growth of 9.6% over the past 10 years.
For the complete list of Jim Simons's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Jim+Simons
