Renaissance Technologies decreased its stake in Palantir (PLTR) and took a new position in Micron Technologies (MU) and Tesla (TSLA) among its third quarter moves.
The hedge fund disclosed the information in its latest 13F filing, which was published on Friday.
The Jim Simons-founded firm took 424,490 shares in Tesla, 1.19M shares in Micron and 825,200 shares in Honeywell. Meanwhile, it exited its position in Alibaba (BABA), Thermo Fisher (TMO) and Verisk Analytics (VRSK).
The firm decreased stakes in Netflix (NFLX) to 271,429 shares during the third quarter and to 8.56M shares in Palantir. It has also reduced its position in Coinbase (COIN), Nvidia (NVDA) and Robinhood Markets (HOOD).
Renaissance Technologies also significantly decreased its stake in tech giant Apple (AAPL) to just 3K shares during the third quarter from 2.28M shares.
The filing showed that it has boosted its position in Meta Platforms (META) from 12,435 shares to 482,499 shares, in Microsoft (MSFT) from 378,772 shares to 1.31M shares and in Roblox (RBLX) from 6.1M shares to 6.88M shares.