Jim Simons’ Renaissance Fund Dumped Apple and Amazon and Boosted its Tesla Stake Last Quarter (Business Insider) Renaissance Technologies, one of the largest and most successful hedge funds in history, cashed out its Apple and Amazon stakes and boosted its position in Tesla last quarter, according to a regulatory filing. RenTech, a quantitative hedge fund founded by Cold War codebreaker and MIT math professor Jim Simons, sold its roughly 193,000 Amazon shares and 979,000 Apple shares in the three months to June 30.
Their Renaissance fund is doing poorly, no different than an average fund. Everyone wants to know what their Medallion fund is doing