Renaissance Technologies opened a $2.4M position in PACER FDS TR
Jim Simons' Renaissance Technologies has taken a new stake worth $2.4 million in PACER FDS TR as of June 30, 2025. This move highlights the firm's strategic approach to investing.
Renaissance Technologies Opens New Position in PACER FDS TR
Renaissance Technologies LLC, led by renowned investor Jim Simons, has reported a new stock position in PACER FDS TR. The investment, valued at $2.4 million, was filed on August 13, 2025, and pertains to the period ending June 30, 2025.
Significance of the Investment
PACER FDS TR is a financial services company, though its specific sector isn't detailed in the provided data. The new position represents a strategic move by Renaissance Technologies, known for its quantitative investment strategies. This allocation underscores the firm's confidence in PACER FDS TR's potential.
Renaissance's Investment Strategy
As one of the most successful hedge funds, Renaissance Technologies is famed for its data-driven approach. The opening of a $2.4 million position in PACER FDS TR aligns with their historical practice of identifying opportunities through rigorous analysis. This move could signal a broader trend or a targeted investment based on proprietary models.