Quant fund Renaissance Technologies disclosed a 3.08M-share Apple stake and increased Nvidia holdings in its latest 13F filing.
Renaissance Technologies initiated a 3.08 million-share position in Apple and exited its Amazon holding while increasing its Nvidia stake in the first quarter. The moves were revealed in the firm’s latest 13F filing released Thursday, reflecting shifts in its equity portfolio.
The filing showed no prior Apple stake in the previous quarter, while Amazon had been a long-standing position. Nvidia’s weighting grew as the chipmaker’s stock surged amid strong demand for AI-related semiconductors. The fund’s adjustments come as tech stocks remain volatile amid shifting macroeconomic conditions.
Markets typically monitor hedge fund 13F filings for insights into institutional sentiment, though the data reflects positions held weeks earlier.