Even after its passage in 2024, the investor and mathematician billionaire Jim Simons is still known as the “King How much” in coverage funds due to the extraordinary success of Renaissance technologiesYour quantitative negotiation company based in New York. After years of financial industry research, Simons realized the potential without exploiting quantitative analyzes to take advantage of market inefficiencies. This vision led him to develop an investment strategy based on data to analyze market behavior only through statistical and mathematical models. By identifying the subtle patterns and not random in financial data, the genius as much predicted future movements of the actions and generated impressive returns.
Although closed to external investors, the secret fund of the medallion of Jim Simons, a Renaissance flagship, has produced innovative results since its inception. The Medallion Fund gained impressive returns of 56.6% and 74.6% during the first Dot-Compe accident in the early 2000’s and the world financial crisis between 2007 and 2011. The fund has maintained a substantial annual return of 31.5% since its first two years of operation. At the time of his death, Simons was worth $ 31.4 billion, placing it among the richest individuals in the world, thanks to the strong performance of the Market Market Medallion and Renaissance.
The Renaissance Technologies computer based power plant began to begin after stellar realization in 2024. The Renaissance diversified Alpha Fund 11.85% in the first two months of 2025. Both funds can maintain important positions of individual stock, as well as use future actions index and options to help manage the risk. However, the firm warns that it may be difficult to quickly undo these important stakes without affecting market prices.
For this list, we have chosen actions of the Renaissance Technologies 13f portfolio in the late quarter of 2024. These actions are also popular with elite coverage funds.
Why are we interested in the stocks that cover the funds? The reason is simple: our research has shown that we can overcome the market by imitating the best stock options for the best coverage funds. The strategy of our quarterly bulletin selects 14 stocks of small layers and large layers each quarter and has returned 373.4% since May 2014, surpassing its reference point at 218 percentage points (Check out more details here)).
Airbnb, Inc. (ABNB) is the best stock to buy according to Jim Simons Renaissance technologies?
A luxury bedroom configuration at a holiday home with impressive decoration showing an desired getaway experience.
Renaissance Q4 Technologies Estaca: $ 548.6 million
Number of coverage fund holders: 54
Airbnb, Inc., based on San Francisco (NASDAQ: Abnb), manages an online market that connects owners with travelers looking for accommodation.
DA Davidson reiterated his purchase rating and the price of $ 155 for Airbnb, Inc. (NASDAQ: Abnb) May 5. The company’s analyst, Tom White, maintained his evaluation after examining the results of the first quarter of Airbnb 2025. Although the dirty reserves and the company’s neutral gross growth and the growth of revenue aligned with the projections, the tight Ebitda surpassed them, despite the fact that the unit growth was marginal below the forecasts. Although there was a bit of softness observed in the American market, where North America accounted for 45% of Airbnb’s 2024 revenue, the analyst said that the situation seemed to be more related to customers who delayed decisions in longer time travel than a change to low-price options.
In addition, the company plans to relaunch its experience platform and add a traditional hotel inventory, which can affect its development. Airbnb’s management continues to be entrusted with its strategic positioning and long -term EBITDA margin orientation of 34.5% in FY25.
Oakmark Global Fund declared the following respect for Airbnb, Inc. (Nasdaq: Abnb) to his Q1 2025 Investor Letter:
)Airbnb, Inc. (NASDAQ: Abnb) is an online market to list, discover and reserve unique accommodation around the world. The company benefits from a strong network effect between its guests and hosts. We believe that there is a long growth track, as global trips are an attractive market and alternative accommodation has been welcomed. We expect Airbnb to promote greater growth by creating more valuable services for both parts of its network. It includes the potential for payment placement, which has created significant economic value for comparable market places. In our opinion, management is aligned with shareholders and is well described in leading Airbnb, as the company seeks to attract these growth opportunities. Short -term worries about the macro travel environment and the decrease in margins derived from growth investments allowed us to buy shares with a discount on our estimation of business value. “”
Generally, Abnb occupies 8th place In our list of best shares to buy according to Renaissance technologies by Jim Simons. Although we recognize ABNB’s potential as an investment, our conviction lies in the belief that some AI actions have a greater promise to obtain higher yields and do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for an IA stock that is more promising than the AbnB but sells less than five times, see our report on this Ia stock cheap.