Jim Simons Stock Portfolio: 5 Top Stock Picks

4. VeriSign, Inc. (NASDAQ:VRSN)

Number of Hedge Fund Holders: 35  

VeriSign, Inc. (NASDAQ:VRSN) provides internet services and infrastructure. Securities filings show that Renaissance Technologies owned 3 million shares in VeriSign, Inc. (NASDAQ:VRSN) at the end of the third quarter of 2023 worth $626 million, representing 1.06% of the portfolio. 

On October 27, investment advisory Citi maintained a Buy rating on VeriSign, Inc. (NASDAQ:VRSN) stock and raised the price target to $245 from $243, noting that operating income and margins of the firm continue to beat expectations. 

At the end of the second quarter of 2023, 35 hedge funds in the database of Insider Monkey held stakes worth $4.1 billion in VeriSign, Inc. (NASDAQ:VRSN), compared to 37 in the preceding quarter worth $4.6 billion.