An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake

Renaissance Technologies pared its Tesla and Nvidia bets and raised its GameStop wager last quarter.The quant fund founded by the late Jim Simons cut its Tesla stake by 86% and halved its Nvidia wager.RenTech boosted its GameStop position by more than 40% to 1.9 million shares. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topic ...