10 Largest Hedge Funds in The World And Their Favorite Stock Picks

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6. Two Sigma (AUM:$37 billion) is one of the largest quant funds in the world. It was co- founded by David Siegel who has a Ph.D. in computer science from the Massachusetts Institute of Technology. At a conference in May, the quant hedge fund pioneer expressed his concern about machines taking over global workforce. He also commented that Artificial Intelligence lacks common sense at Bloomberg Markets Most Influential Summit.

Two Sigma Advisers was highly bullish on Amazon.com, Inc. (NASDAQ:AMZN) with the stock being  the largest position in its portfolio. The fund held $298 million worth of shares in Amazon.com, Inc. (NASDAQ:AMZN) during the quarter ending September. Two Sigma Advisers also added to its position in Novo Nordisk A/S (ADR) (NYSE:NVO) by purchasing 277,820 shares of this company. The company should benefit from the increasing number of diabetics who will look to buy diabetes products as their incomes rise.

twosigma

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