On December 29, 2023, Renaissance Technologies, led by Jim Simons (Trades, Portfolio), made a notable addition to its investment portfolio by acquiring 30,305 shares of Culp Inc (NYSE:CULP), a company specializing in the manufacture and marketing of mattress and upholstery fabrics. The transaction was executed at a trade price of $5.79 per share, resulting in a total holding of 703,322 shares in the company. Despite the trade's seemingly modest impact on the overall portfolio, with a position size of 0.01% and a 5.64% stake in the traded stock, this move reflects a strategic investment decision by the firm.