6 Dividend Kings in Jim Simons' Portfolio

Jim Simons, founder of Renaissance Technologies, is one of the most successful hedge fund managers in the world. He is the CEO of the New York-based Renaissance Technologies. Simons is known as a mathematician, and he employs mathematicians, physicists, and statisticians with no financial background . According to Forbes, with net wealth of $10.6 billion, he ranks among the top 30 billionaires in U.S. According to Edgar Online, Renaissance Technologies LLC has $24.2 billion invested in U.S. equities. While one might think that a math-driven investment strategy invests in high-fliers, statistical analysis offers significant evidence that dividend paying stocks beat the market with lower volatility. It is not surprising to see his top stocks are also among the best dividend payers in the market. Simon's portfolio is well-diversified. Service stocks cover approximately 23.44% of the portfolio, followed by technology [18.69%] and healthcare stocks [12.71%]. Here is a brief analysis of top... Read more