Renaissance Technologies bought GameStop, AMC shares, filing says

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Legendary Leaf Loves The East | SaltWire #nhl #novascotia #torontomapleleafs #hockey #interviewNEW YORK - Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in position to benefit from the meme stock mania sweeping through the U.S. equity market this week.

Quarterly disclosures of hedge fund managers' stock holdings in 13-F filings with the U.S. Securities and Exchange Commission are one of the few public ways of tracking what hedge fund managers are selling and buying. The disclosures are made 45 days after the end of each quarter and may not reflect current positions.

Renaissance also increased its position in cinema chain AMC by 78% during the first quarter to give it a total of approximately 8.7 million shares, the securities filing showed.

 

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