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Create 2021-08-19-The-Most-Successful-Hedge-Fund-in-the-World-just-Bought-606k-Shares-of-GME.md

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Institutions/Hedge-Funds/Renaissance-Technologies/2021-08-19-The-Most-Successful-Hedge-Fund-in-the-World-just-Bought-606k-Shares-of-GME.md Normal file
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The "most successful hedge fund in the world" just bought 606k GME bananas!
===========================================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/Robin_Squeeze](https://www.reddit.com/user/Robin_Squeeze/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/p7abtk/the_most_successful_hedge_fund_in_the_world_just/) |
---
[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
Follow-up post of my previous post:
<https://www.reddit.com/r/Superstonk/comments/p6o6e7/blackrock_sold_22_of_gme_probably_rebalancingbut/>
A few comments there drew my attention to Renaissance Technologies, TBH I have never heard from them before, So I did what every smart ape does, I go to wikipedia:
[![r/Superstonk - The "most successful hedge fund in the world" just bought 606k GME bananas!](https://preview.redd.it/u4eyedlcq9i71.png?width=1410&format=png&auto=webp&s=6ca4121d8df7b8148fa3c170c0d51dc8b39aa448)](https://preview.redd.it/u4eyedlcq9i71.png?width=1410&format=png&auto=webp&s=6ca4121d8df7b8148fa3c170c0d51dc8b39aa448)
Okay so let me get this straight: The most successful hedge fund in the world, which only acts based on mathematical models/statistics/hard facts and not on emotions/human behavior...etc just recently bought 606k GME shares... TITS OFFICIALLY JACKED!
Source: <https://fintel.io/so/us/gme>
[![r/Superstonk - The "most successful hedge fund in the world" just bought 606k GME bananas!](https://preview.redd.it/akz7c9ljr9i71.png?width=980&format=png&auto=webp&s=4507dccc818ad5d4a1ab0a4e1f25e7689711244b)](https://preview.redd.it/akz7c9ljr9i71.png?width=980&format=png&auto=webp&s=4507dccc818ad5d4a1ab0a4e1f25e7689711244b)
Edit: For some clarification:
[![r/Superstonk - The "most successful hedge fund in the world" just bought 606k GME bananas!](https://preview.redd.it/9l56cm8d8ai71.png?width=714&format=png&auto=webp&s=fbd5299b2615000b633bb9cfce079bc2c251abd6)](https://preview.redd.it/9l56cm8d8ai71.png?width=714&format=png&auto=webp&s=fbd5299b2615000b633bb9cfce079bc2c251abd6)
Effective date is 06-30, so who knows if they are still in right now. Also something to mention: In their 2020-09-30 13F they had 800k shares but they were gone in their 2020-12-31 13F so they sold their first 800k€ shares before the first big run-up in January...Maybe they learned from their mistake :-D