5 Best Quant Hedge Funds’ 5 Top Picks

3. Renaissance Technologies

Jim SimonsRenaissance Technologies is also one of the best quant funds and is one of the most well-known. Renaissance has $42 billion in assets under management, up by 42% over the year. The top picks in Renaissance Technologies 13F portfolio include three healthcare companies: Humana Inc (NYSE:HUM), Gilead Sciences, Inc. (NASDAQ:GILD) and Amgen, Inc. (NASDAQ:AMGN). In Humana Inc (NYSE:HUM), Renaissance owns 3.66 million shares worth $891.71 million, while in Gilead Sciences, Inc. (NASDAQ:GILD) Renaissance’s stake contains 10.23 million shares worth $828.91 million. In Amgen, Inc. (NASDAQ:AMGN) Renaissance disclosed a $730.46 million position containing 3.92 million shares. Renaissance Technologies also owns 4.01 million shares of NVIDIA Corporation (NASDAQ:NVDA) worth $716.89 million and 2.68 million shares of NetEase Inc (ADR) (NASDAQ:NTES) valued at $707.82 million.

RENAISSANCE TECHNOLOGIES