Dividend Stocks With Over 15% Yield From Jim Simons’ Renaissance Technologies’ Portfolio


In 1982, Jim Simons founded Renaissance Technologies, a company specializing in alternative investments. A quantitative investment strategy is employed by the New York-based hedge fund. Simons, a mathematician by training, looks for market inefficiencies using patterns and algorithms. In addition, he makes use of computer programs to make predictions about future price movements and trends. Renaissance Technologies has a portfolio of more than $77 billion, a decrease from the previous quarter’s portfolio of approximately $80 billion. As of the third quarter, Novo Nordisk A/S was the largest holding in Renaissance Technologies’ portfolio, valued at more than $2 billion.

Here is Insider Monkey’s list of 10 dividend stocks with over 15% yield from Jim Simons’ Renaissance Technologies’ portfolio. According to Jim Simons’ Renaissance Technologies, China Yuchai International Limited is one of the best dividend stocks to buy. In the third quarter, 8 hedge funds had $58.1 million invested in the company. Shuttle tankers owned by KNOT Offshore Partners LP are chartered by Royal Dutch Shell plc and Equinor ASA. Citadel Investment Group, McKinley Capital Management and Renaissance Technologies are the three largest shareholders in KNOT. Orchid Island Capital, Inc. was the target of 10 hedge funds in the third quarter of 2021, with total stakes of $16.1 million. Balyasny Asset Management increased its stake in the company by 1131 percent in the third quarter, making it the largest shareholder. In the third quarter, Renaissance Technologies, the hedge fund run by Jim Simons, increased its holdings in Petrobras by 23%. Quarter-to-quarter profits were up by $0.47, but revenue was down by $296.05 million. Vale S.A. stock is owned by Renaissance Technologies, which has 4.38 million shares. Earnings per share were $1.26, beating expectations by $0.06. Year-over-year, revenue increased by 17.84 percent to $12.68 billion. For more details, click 10 Dividend Stocks With Over 15% Yield From Jim Simons’ Renaissance Technologies’ Portfolio.