Jim Simons' quantitative hedge fund, Renaissance Technologies, has sold its entire position in Citigroup (C) during the second quarter of 2026. The sale of 674,670 shares, valued at approximately $76.51 million, was disclosed in a recent SEC filing. This move completely removes Citigroup from the firm's extensive portfolio.
Investors should note that 13F filings are released with a delay, reflecting positions held as of June 30, 2026, and do not indicate current trading activity. The disclosure comes after Citigroup reported its second-quarter earnings in mid-July. No specific reason for the sale has been publicly stated by the typically tight-lipped investment firm.