Billionaire Jim Simons’ Top 5 Stock Picks

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1. Novo Nordisk A/S (NYSE: NVO)

Value: $1,874,856,000
Percent of Jim Simons’ 13F Portfolio: 2.03%
Number of Hedge Fund Holders: 23

Denmark-based Novo Nordisk tops the list of billionaire Jim Simons’ top 10 stock picks. The company is primarily involved in making treatments for diabetes. It also makes treatments for hemostasis management, growth hormone therapy and hormone replacement therapy. The stock jumped recently after a study by the New England Journal of Medicine posted positive results for the company’s treatment to reduce obesity. The stock is up 12% over the last 12 months.

As of the end of the fourth quarter, 23 hedge funds in Insider Monkey’s database of 887 funds held stakes in NVO, compared to 22 funds in the third quarter. Renaissance Technologies is the company’s biggest stakeholder, with 26.8 million shares worth $1.9 billion.

You can also take a peek at Cathie Wood’s Top 10 Stock Picks and Billionaire Carl Icahn’s Top 10 Picks.

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