Tag: jim simons
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Jim Simons’ RenTech fund tripled its AMC stake last quarter – and slashed its Tesla holdings by 75%
Jim Simons. AP Images / Jason Decrow Jim Simons' RenTech tripled its AMC stake and slashed its Tesla holdings by 75% last quarter. The hedge fund's bet on the movie-theater chain soared almost 20-fold in value to $103 million. RenTech held $138 million of Tesla stock, a fraction of its previous stake worth $14 billion…