Renaissance Technologies' Strategic Moves: Apple Inc. Reduction by 0.91%

GuruFocus News

Wed, May 14, 2025, 3:04 PM 3 min read

Renaissance Technologies (Trades, Portfolio) precocious submitted its 13F filing for the archetypal 4th of 2025, offering a glimpse into its strategical concern decisions during this period. Founded successful 1978 by Jim Simons, Renaissance Technologies (Trades, Portfolio) LLC is simply a renowned backstage concern steadfast based successful New York. Known for its pioneering attack successful quantitative trading, the steadfast employs analyzable mathematical models to analyse and execute trades, galore of which are automated. Simons, who stepped down arsenic CEO successful 2010 and retired arsenic president successful 2021, passed distant successful May 2024 astatine the property of 86. The steadfast continues to leverage computer-based models to foretell terms changes successful easily-traded fiscal instruments, focusing connected non-random movements to marque informed predictions.

Renaissance Technologies (Trades, Portfolio) added a full of 460 stocks, among them:

• The astir important summation was ServiceNow Inc (NYSE:NOW), with 272,301 shares, accounting for 0.33% of the portfolio and a full worth of $216.79 million.

• The 2nd largest summation to the portfolio was Alphabet Inc (NASDAQ:GOOG), consisting of 1,317,620 shares, representing astir 0.31% of the portfolio, with a full worth of $205.85 million.

• The 3rd largest summation was American Airlines Group Inc (NASDAQ:AAL), with 17,213,832 shares, accounting for 0.27% of the portfolio and a full worth of $181.61 million.

Renaissance Technologies (Trades, Portfolio) besides accrued stakes successful a full of 1,470 stocks, among them:

• The astir notable summation was Broadcom Inc (NASDAQ:AVGO), with an further 2,425,176 shares, bringing the full to 2,427,714 shares. This accommodation represents a important 95,554.61% summation successful stock count, a 0.62% interaction connected the existent portfolio, with a full worth of $406.47 million.

• The 2nd largest summation was Alphabet Inc (NASDAQ:GOOGL), with an further 2,272,750 shares, bringing the full to 2,275,800. This accommodation represents a important 74,516.39% summation successful stock count, with a full worth of $351.93 million.

Renaissance Technologies (Trades, Portfolio) wholly exited 588 holdings successful the archetypal 4th of 2025, arsenic elaborate below:

• Nike Inc (NYSE:NKE): Renaissance Technologies (Trades, Portfolio) sold each 2,602,101 shares, resulting successful a -0.29% interaction connected the portfolio.

• AutoZone Inc (NYSE:AZO): Renaissance Technologies (Trades, Portfolio) liquidated each 49,200 shares, causing a -0.23% interaction connected the portfolio.