5 Supply Chain Stocks to Buy Now According to Billionaire Jim Simons

4. United Parcel Service, Inc. (NYSE:UPS)

Renaissance Technologies’ Stake Value: $155.6 million

Percentage of Renaissance Technologies’ 13F Portfolio: 0.18%

Number of Hedge Fund Holders: 50

United Parcel Service, Inc. (NYSE:UPS) is a Fortune-500 supply chain management and shipping company headquartered in Atlanta, Georgia. It’s mostly famous for ground shipping services although it offers air shipping as well. 

UPS is a high dividend paying stock with a dividend yield of 3.32% as of June 24. It made its most recent quarterly payment of $1.52 per share on June 2 to shareholders of record on May 16. The company has an established history of dividend payments and has been growing its dividend non-stop for the past 14 years. 

Here’s what ClearBridge Investments had to say about UPS in their Q4 2021 investor letter: 

“Despite these mixed emerging growth results, the ClearBridge Global Growth Strategy outperformed the benchmark due to resilience among our secular and structural growth holdings. The bulk of these contributions came from U.S. mega-cap growth stocks Apple and Microsoft which continued to uniquely act both offensively and defensively as they have through most of the pandemic. These consistent growers were complemented by solid contributions from structural holdings including United Parcel Service.”