27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
In the hedge fund’s latest 13-F filing, the Jim Simons-founded Renaissance Technologies disclosed changes to its holdings that occurred during Q4 of 2014.
Here’s a list of some of the moves the fund made to its largest positions during the quarter.
- Increased position in Accenture PLC Ireland Class A (NYSE: CAN) from 667,600 shares to 1,306,200 shares
- Increased position in Actavis PLC (NYSE: ACT) from 128,162 shares to 454,162 shares
- Increased position in Agilent Technologies Inc (NYSE: A) from 187,500 shares to 1,315,200 shares
- Reduced position in Alaska Air Group Inc (NYSE: ALK) from 8,948,200 shares to 7,811,600 shares
- Reduced position in Allegiant Travel Co (NASDAQ: ALGT) from 1,381,600 shares to 1,373,500 shares
- Increased position in Allergan Inc (NYSE: AGN) from 193,595 shares to 297,860 shares
- Increased position in Allison Transmission Hldgs (NYSE: ALSN) from 1,071,600 shares to 1,900,300 shares
- Increased position in Amdocs Ltd (NASDAQ: DOX) from 3,466,600 shares to 3,911,500 shares
- -Increased position in American Electric Power Inc (NYSE: AEP) from 202,100 shares to 1,072,400 shares
- Increased position in American Tower Corp (NYSE: AMT) from 352,939 shares to 710,339 shares
- Increased position in American Water Works Co (NYSE: AWK) from 624,200 shares to 1,000,200 shares
- Increased position in AmerisourceBergen Corp (NYSE: ABC) from 359,800 shares to 1,545,700 shares
- Increased position in Amgen Inc (NASDAQ: AMGN) from 268,445 shares to 470,445 shares
- Acquired position in Apple Inc (NASDAQ: AAPL) totaling 1,754,633 shares
- Increased position in Arris Group Inc (NASDAQ: ARRS) from 2,166,220 shares to 2,192,120 shares
- Reduced position in Applied Materials Inc (NASDAQ: AMAT) from 4,995,198 shares to 3,917,348 shares
- Reduced position in Arch Capital Group Ltd (NASDAQ: ACGL) from 1,147,100 shares to 804,300 shares
- Reduced position in Aspen Technology Inc (NASDAQ: AZPN) from 2,460,600 shares to 1,890,800 shares
- Increased position in AstraZeneca PLC (NYSE: AZN) from 1,847,100 shares to 2,287,900 shares
- Reduced position in AT&T Inc (NYSE: T) from 1,740,004 shares to 469,800 shares
- Increased position in Autozone Inc (NYSE: AZO) from 136,900 shares to 159,400 shares
- Increased position in Bank of America Corp (NYSE: BAC) from 6,855,866 shares to 11,451,166 shares
- Increased position in CR Bard Inc (NYSE: BCR) from 542,100 shares to 898,900 shares
- Increased position in Barrick Bold Corp (NYSE: ABX) from 6,408,803 shares to 13,922,603 shares
- Decreased position in BCE Inc (NYSE: BCE) from 2,900,534 shares to 2,462,600 shares
- -ncreased position in Becton Dickinson & Co (NYSE: BDX) from 2,198,100 shares to 2,648,700 shares
- Decreased position in Brinker Intl Inc (NYSE: EAT) from 1,993,900 shares to 1,432,400 shares
- Decreased position in BT Group PLC (NYSE: BT) from 1,730,400 shares to 1,677,400 shares
- Increased position in CBOE Hldgs Inc (NASDAQ: CBOE) from 3,618,100 shares to 3,748,400 shares
- Increased position in Chipotle Mexican Grill (NYSE: CMG) from 213,600 shares to 307,200 shares
- Increased position in Colgate Palmolive Co (NYSE: CL) from 11,022,700 shares to 12,575,400 shares
- Increased position in Costco Wholesale Corp (NASDAQ: COST) from 1,554,913 shares to 1,955,213 shares
- Increased position in Domino’s Pizza Inc (NYSE: DPZ) from 3,355,100 shares to 3,607,800 shares
- Reduced position in Exxon Mobil Corp (NYSE: XOM) from 1,858,791 shares to 217,191 shares
- Liquidated stake in Facebook Inc (NASDAQ: FB)
- Reduced position in GlaxoSmithKline Plc (NYSE: GSK) from 6,827,600 shares to 6,006,800 shares
- Reduced position in Hershey Co (NYSE: HSY) from 4,913,500 shares to 4,306,600 shares
- Reduced position in Linear Technology Corp (NASDAQ: LLTC) from 11,192,000 shares to 9,985,700 shares
- Reduced position in McDonalds Corp (NYSE: MCD) from 6,875,100 shares to 3,842,600 shares
- Reduced position in Novo-Nordisk A/S (NYSE: NVO) from 16, 106,100 shares to 15,614,600 shares
- Decreased position in Taiwan Semiconductor Mfg Ltd (NYSE: TSM) from 21,506,551 shares to 15,607,071 shares
- Liquidated position in TW Telecom Inc (NASDAQ: TWTC)
These changes to Renaissance Technologies’ holdings that occurred during Q4 are merely some of the many adjustments the fund made to its portfolio. The fund’s full 13-F filing can be found here.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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