Jim Simons' RenTech Fund Once Owned Tesla Stock Worth $12 Billion Today
Simons' quant fund was an early buyer of Tesla stock, and its stake has whipsawed in value from under $400,000 to over $1.6 billion in recent years.
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Simons' quant fund was an early buyer of Tesla stock, and its stake has whipsawed in value from under $400,000 to over $1.6 billion in recent years.
Quantitative strategies are mainly used by institutional investors and various hedge funds.
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