Jim Simons' Renaissance fund dumped Apple and Amazon and boosted its Tesla stake last quarter

Jim Simons' Renaissance fund dumped Apple and Amazon and boosted its Tesla stake last quarter

Business Insider

Published

**

· *Renaissance Technologies sold its Apple and Amazon stakes and ramped up its Tesla investment last quarter, a regulatory filing shows.*
· *Jim Simons' quantitative hedge fund likely raked in $600 million to $900 million by selling the two tech stocks.*
· *RenTech also raised its Tesla stake by 44% after slashing it...

Full Article