Jim Simons Stock Portfolio: 5 Biggest Healthcare Stocks

2. Gilead Sciences, Inc. (NASDAQ:GILD)

Renaissance Technologies’ Q2 2023 Investment: $599 million

Gilead Sciences, Inc. (NASDAQ:GILD) is an American healthcare company whose treatments target a variety of ailments such as high blood pressure and hepatitis. Despite the fact that it beat analyst estimates for drug sales during the third quarter, its shares dropped post earnings as investors speculated that the beat was driven by unpredictable hospitalizations.

During this year’s second quarter, out of the 910 hedge funds part of Insider Monkey’s database, 56 were the firm’s investors. Gilead Sciences, Inc. (NASDAQ:GILD)’s biggest hedge fund shareholder is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital as it owns 8.8 million shares that are worth $684 million.

Follow Gilead Sciences Inc. (NASDAQ:GILD)