Jim Simons acquired 3.08M Apple shares worth $957M. That's 1.32% of their equity portfolio (5th largest holding). The first Apple trade was made in Q2 2013. Since then Jim Simons bought shares 25 more times and sold shares on 21 occasions. The stake costed the investor $800M, netting the investor a gain of 20% so far.
While the latest stock market upsurge turned Micron (NASDAQ: MU) into a household name, Jim Simons made a prodigious investment in the memory company as far ...
Jim Simons was a mathematician-turned-investor who built Renaissance Technologies into the world's second-largest hedge fund.