Jim Simons (Trades, Portfolio) founded Renaissance Technologies, a hedge fund with about $15 billion in assets under management that executes many of its trades using mathematical and computer-based models that are often automated. It has a massive long portfolio containing 2,794 stocks, with a value of $41.7 billion. In the first quarter, the firm added 484 new stocks. Topping the list was a significant new stake in Apple (AAPL, Financial), followed by Comcast Corp (CMCSA, Financial), Vodafone Group PLC (VOD, Financial), Tesla Motors Inc. (TSLA, Financial) and eBay (EBAY, Financial).
Renaissance took a position of 821,362 shares of Apple in the first quarter of 2014, equating to a full 1.1% of the portfolio. Apple’s share price in the first quarter averaged $533.
Apple Inc. is a California corporation established in 1977. Apple Inc. has a market cap of $519.01 billion; its shares were traded at around $602.53 with a P/E ratio of 14.40 and P/S ratio of 3.10. The dividend yield of Apple Inc. stocks is 2.10%. Apple Inc had an annual average earnings growth of 63.60% over the past 10 years. GuruFocus rated Apple Inc. the business predictability rank of 4.5-star.
Comcast Corp (CMCSA, Financial)
Renaissance purchased 2,637,102 shares of Comcast Corp, a position reflecting 0.32% of the portfolio. The share price in quarter one averaged $52 for Comcast.
Comcast Corp was incorporated under the laws of Pennsylvania in December 2001. Comcast Corp has a market cap of $131.47 billion; its shares were traded at around $50.57 with a P/E ratio of 18.50 and P/S ratio of 2.0. The dividend yield of Comcast Corp stocks is 1.60%. Comcast Corp had an annual average earnings growth of 19.80% over the past 10 years. GuruFocus rated Comcast Corp the business predictability rank of 4-star.
Vodafone Group Plc (VOD, Financial)
Renaissance purchased 3,551,581 shares of Vodafone Group, for 0.31% of the portfolio. The share price averaged $44.
Vodafone Group Plc is a provider of mobile communications. Vodafone Group Plc has a market cap of $90.66 billion; its shares were traded at around $34.29 with a P/E ratio of 127.50 and P/S ratio of 1.20. The dividend yield of Vodafone Group Plc stocks is 8.80%. Vodafone Group Plc had an annual average earnings growth of 2.30% over the past five years.
Tesla Motors Inc. (TSLA, Financial)
Renaissance purchased 604,880 shares of Tesla Motors, a 0.3% holding. The company’s share price average was $201.
Tesla Motors Inc. is incorporated in the state of Delaware on July 1, 2003. Tesla Motors Inc. has a market cap of $24.18 billion; its shares were traded at around $194.87 with and P/S ratio of 11.40.
Renaissance acquired 2,050,827 shares of eBay Inc., a 0.27% portfolio weight. The share price average was $55.
eBay Inc. was formed as a sole proprietorship in September 1995 and was incorporated in California in May 1996. eBay Inc. has a market cap of $65.85 billion; its shares were traded at around $51.96 with and P/S ratio of 4.10. eBay Inc. had an annual average earnings growth of 16.00% over the past 10 years. GuruFocus rated eBay Inc. the business predictability rank of 4-star.
For more of Jim Simons (Trades, Portfolio)’ Renaissance Technologies stocks, visit the portfolio here. Not a Premium Member of GuruFocus? Try it free for 7 days here!
