Renaissance Technologies' Q1 Holdings Decline 2% to 66.1 Billion

Word on the StreetFriday, May 16, 2025 5:04 am ET
1min read

Renaissance Technologies, a prominent investment firm, has disclosed its first-quarter (Q1) portfolio holdings as of March 31, 2025, through a filing with the U.S. Securities and Exchange Commission (SEC). The total market value of Renaissance Technologies' Q1 holdings stands at 66.1 billion, marking a 2% decrease from the previous quarter's 67.6 billion. The firm's investment portfolio for Q1 includes 457 new additions, 1,473 increased holdings, 1,442 reduced holdings, and 584 completely liquidated positions. The top

constitute 10.65% of the total portfolio value.

Among the top five holdings,

Technologies (PLTR.US) leads with approximately 16.29 million shares, valued at 1.375 billion, representing 2.08% of the portfolio. This marks a 28.52% decrease in share count from the previous quarter. (VRSN.US) follows with about 3.01 million shares, valued at 765 million, constituting 1.16% of the portfolio, and a 3.39% increase in share count from the previous quarter. (CORT.US) is third with approximately 6.14 million shares, valued at 702 million, making up 1.06% of the portfolio, and a 0.90% decrease in share count from the previous quarter. (HOOD.US) is fourth with about 16.66 million shares, valued at 693 million, representing 1.05% of the portfolio, and a 37.91% increase in share count from the previous quarter. Sprouts Farmers Market (SFM.US) is fifth with approximately 4.26 million shares, valued at 651 million, constituting 0.99% of the portfolio, and a 4.50% decrease in share count from the previous quarter.

Renaissance Technologies initiated new positions in ServiceNow (NOW.US), Alphabet Inc. Class C (GOOG.US), American Airlines Group (AAL.US), Coinbase Global (COIN.US), and Costco Wholesale Corporation (COST.US) during Q1. The firm also liquidated its position in 3M Company (MMM.US).

In terms of significant changes in holdings, the top five purchases by Renaissance Technologies include Broadcom Inc. (AVGO.US), Alphabet Inc. Class A (GOOGL.US), Meta Platforms Inc. (META.US), Robinhood Markets, and Walmart Inc. (WMT.US). Conversely, the top five reductions include Apple Inc. (AAPL.US), Netflix Inc. (NFLX.US), NVIDIA Corporation (NVDA.US), Palantir Technologies, and Novo Nordisk A/S (NVO.US).

Renaissance Technologies' strategic moves in Q1 reflect a shift in investment focus, with notable reductions in high-profile tech stocks and increased allocations to other sectors. The firm's decision to significantly reduce its holdings in Apple Inc. and initiate new positions in ServiceNow and Alphabet Inc. Class C suggests a strategic realignment towards different market segments. This adjustment may be driven by a reassessment of growth prospects and market dynamics, as well as a diversification strategy to mitigate risks associated with concentrated positions in the technology sector.