Renaissance Technologies

Late investor Jim Simons‘ fund Renaissance Technologies LLC made some significant changes within its artificial intelligence bets during the fourth quarter of 2024. The 13F SEC filings reveal that Renaissance increased its stake in a few Asia-based AI companies during the quarter. What...

Editor’s Note: The article was changed to reflect Renaissance Technologies, not Jim Simons, who passed away in May 2024. In its third-quarter update, Renaissance Technologies, founded by the late famed "Quant King” Jim Simons, showcased some notable pivots within its $66.5 billion...

Editor’s Note: The headline has been revised for clarity. Renaissance Technologies, the hedge fund founded by legendary mathematician and former National Security Agency code breaker Jim Simons, recently disclosed its latest stock holdings in a 13F filing with the U.S. Securities and Exchange...

Original meme stocks GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) are taking a bit of a breather Wednesday after exploding higher to start the week. The losses from short-selling hedge funds are piling up, but it appears at least one hedge fund may be on the right side of...

In a recent episode of “Goldman Sachs Exchanges: Great Investors,” Raj Mahajan, who is the firm's global head of Systematic Client Franchise, Global Banking and Markets, had a conversation with Peter Brown, CEO of the legendary quantitative trading firm...

Jim Simons is the founder and hedge fund manager of Renaissance Technologies, which currently has a total portfolio value north of $77 billion, per Stock Circle. This hedge fund uses a quantitative strategy in determining its stock trades. Simons' quantitative approach has had legendary success...

Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...

One of the most profitable and closely-guarded secrets on Wall Street is hedge fund Renaissance Technologies’ Medallion Fund. The Medallion Fund has averaged at least a 27.3 percent annual gain every single year since 2000. Renaissance Technologies is staffed by about 300 employees, mostly...

Having passed the SEC deadline for Q3 13F filings, most large hedge funds and investment management firms already disclosed their long equity positions as of September 30. While aggregate data and stats aren't out yet, Benzinga wanted to share a quick look into some of the most notable...

Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...

Shares of Apple Inc. (NASDAQ: AAPL) gained 3.71 percent on Monday. The tech behemoth was among the most popular stocks among money managers. Below is a look into some of the most relevant 13F moves and positions seen in Apple in the January to March period. Stealing the thunder was Berkshire...

This year has been the worst year for hedge fund shutdowns since 2008. More than 400 funds shut down in the first half of the year. Of the remaining funds, average 2015 returns are nearly flat. There’s no doubt about it: 2015 has been a rough year for hedge funds. New data from Bloomberg...

Mario Gabelli recently filed a couple of Schedule 13D forms with the SEC, disclosing increases in his activist positions in micro-cap companies Blyth, Inc. (NYSE: BTH) and Communications Systems, Inc. (NASDAQ: JCS). Below is a look at these companies and the transactions that Gabelli made. Blyth...