Jim Simons Stock Portfolio: 5 Biggest Healthcare Stocks

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In this piece, we will take a look at the five biggest healthcare stocks in Jim Simons’ stock portfolio. If you want to learn more about the billionaire hedge fund boss and some recent developments in the healthcare industry, then check out Jim Simons Stock Portfolio: 12 Biggest Healthcare Stocks.

5. Biogen Inc. (NASDAQ:BIIB)

Renaissance Technologies’ Q2 2023 Investment: $316 million

Biogen Inc. (NASDAQ:BIIB) is a pharmaceutical firm that focuses its efforts on developing treatments for nervous system disorders and diseases. It has done remarkably well on the financial front as of late, by having beaten analyst EPS estimates in all four of its latest quarters. Analysts have also priced in a whopping $99 upside over the current share price through an average share price target of $330.

By Q2 2023 end, 64 among the 910 hedge funds tracked by Insider Monkey were Biogen Inc. (NASDAQ:BIIB)’s shareholders. Jim Simons’ Renaissance Technologies owns the largest stake among these which is worth $316 million and comes via 1.1 million shares.

Follow Biogen Inc. (NASDAQ:BIIB)

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