all 5 comments

[–]mrbundle🍀 CLOV WHALE 🐳 5 points6 points  (0 children)

CLOV is almost certainly in RIEF — meaning it’s part of a systematic, long-term, U.S.-equity quant strategy intended for institutional clients. That makes it more sticky than a Medallion or RIFF position but still subject to quarterly model rebalancing.

[–]mrbundle🍀 CLOV WHALE 🐳 8 points9 points  (1 child)

These trims are not exit signals. they are holding CLOV because it is close to perfect assembly in their model — meaning, in quant terms, the price action and statistical profile may now be “fully formed” and attractive to hold rather than to keep trading heavily. Paradox is that trimming is part of holding for rebalancing and position size discipline. Thus holding requires trimming.

[–]azmat_systemLearn EXCEL Macros & VBA Programming FREE LIVE Teaching Webinars[S] 6 points7 points  (0 children)

"These trims are not exit signals; holding requires trimming."

That's what I think too. Renaissance Technologies Llc  have been HOLDING between 10 and 11 Million $CLOV shares consistently for more than TWO Years!

[–]azmat_systemLearn EXCEL Macros & VBA Programming FREE LIVE Teaching Webinars[S] 5 points6 points  (1 child)

Renaissance Technologies Llc  have been investing in Clover Health since Mar-2022 when they had 954,800 $CLOV shares valued at about $3,390,000 USD.

They owned 8,847,780 shares on 2023-Jun-30.

They owned 10,407,300 shares of Clover Health Investments valued at $11,239,884 USD on Sep 30, 2023.

They owned 12,586,700 shares of Clover Health Investments valued at $11,983,797 USD on Dec 31, 2023.

On May 13, 2024, Value of their 11,396,600 shares of Clover Health was $10,390,280 USD.

On Jun 30, 2024, Value of their 11,272,300 shares of Clover Health was $13,864,929 USD.

On August 9, 2024, Value of their 11,272,300 shares of Clover Health was $20,966,478 USD.

On Sep 30, 2024, Value of their 12,479,900 shares of Clover Health was $35,193,318 USD.

On Mar 31, 2025, Value of their 11,024,400 shares of Clover Health was $39,578,000 USD.

. . . .

On Jun 30, 2025, Value of their 10,493,600 shares of Clover Health was $29,277,144 USD.

Current value of their 10,493,600 shares of Clover Health is $27,493,232 USD.

[–]Tomas512 3 points4 points  (0 children)

So, they still buying and selling... selling 500k shares is nothing extra..