Billionaire Jim Simons’s Renaissance Bought Apple Inc. (AAPL), Sold Google Inc (GOOG) In Q2

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We’d wonder if these last two picks- along with continuing to hold large positions in many pharmaceutical companies- signal some degree of defensiveness from Renaissance, particularly with Hershey Co (NYSE:HSY) looking pricy and McDonald’s struggling. The shift from Google Inc (NASDAQ:GOOG) to Apple Inc. (NASDAQ:AAPL) is also a notable move, of course, given the fact that Google Inc (NASDAQ:GOOG) has so tremendously outperformed its peer over the last year.

Disclosure: I own no shares of any stocks mentioned in this article.

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