Big bank Citigroup ( C) is another name that Renaissance newly initiated in the most recent quarter. Simons and company added 3.7 million shares of Citi to thier portfolio, building a position worth $177 million. Citi is one of the biggest banks in the world, with 1.9 trillion in assets and more than a quarter of a million employees. And it's one of the biggest beneficiaries from the equity rally that's propelled the S&P 500 more than 16% higher this year.
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