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Jim Simons Bolsters Position in Innoviva Inc with Recent Acquisition

Overview of the Recent Portfolio Addition Renaissance Technologies, led by Jim Simons (Trades, Portfolio), has recently expanded its investment portfolio with the addition of 4,144,447 shares in Innoviva Inc (NASDAQ:INVA). The transaction, which took place on December 29, 2023, reflects a 3.63% increase from the previous holding, marking a significant vote of confidence in the biopharmaceutical company. With a trade price of $16.04 per share, the firm has demonstrated a strategic move to capitalize on Innoviva's market potential.

Dodge & Cox Bolsters Stake in Johnson Controls International PLC

Dodge & Cox, a renowned investment firm, has recently increased its investment in Johnson Controls International PLC (NYSE:JCI), signaling a strategic move in its portfolio management. The addition has elevated JCI's position in Dodge & Cox's portfolio to 2.62%, with the firm now holding a significant 9.90% of JCI's outstanding shares. Founded in 1930 by Van Duyn Dodge and E. Morris Cox, Dodge & Cox has established itself as a firm that values a collective research approach and group decision-making in its investment strategies.

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