Renaissance Technologies discloses 4.84% REX (REX) ownership position
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Renaissance Technologies, through Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation, reports beneficial ownership of 1,595,630 shares of REX American Resources Corp common stock, representing 4.84% of the outstanding class as of the event date.
The firms have sole voting and dispositive power over these shares, with no shared power reported. Certain funds managed by Renaissance Technologies LLC are entitled to receive dividends and sale proceeds. The holders certify the position is held in the ordinary course of business and not for the purpose of changing or influencing control of REX American Resources.
Positive
- None.
Negative
- None.
FAQ
What stake does Renaissance Technologies report in REX (REX)?
Renaissance Technologies reports beneficial ownership of 1,595,630 REX shares, or 4.84% of the common stock. The position is held with sole voting and dispositive power, indicating a sizable but non-controlling stake in REX American Resources Corp.
Is Renaissance Technologies seeking control of REX (REX) with this stake?
No, the holders certify the REX shares are owned in the ordinary course of business and not to influence control. The certification states the securities were not acquired in connection with any transaction aimed at changing or influencing control of REX American Resources.
What is the key date referenced in Renaissance’s REX (REX) ownership report?
The ownership information is tied to an event date of December 31, 2025. This date marks when the reported beneficial ownership level of 1,595,630 REX American Resources shares, or 4.84% of the class, triggered the requirement to update the disclosure.