Renaissance Technologies top Q2 buys/sells include BofA, AMD, Netflix, others
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Renaissance Technologies, the quant fund founded by the late Jim Simons, opened fresh positions in Netflix (NASDAQ:NFLX), with ~272K shares, Advanced Micro Devices (NASDAQ:AMD), with 1.83M shares, and Qualcomm (NASDAQ:QCOM), with 1.10M shares, according to its 13F filing for Q2 2024.
The firm closed out its stakes in Bank of America (NYSE:BAC), Micron Technology (NASDAQ:MU) and Oracle (NYSE:ORCL).
Boosted holdings in Apple (NASDAQ:AAPL), to 1.72M shares from 414K shares, and Coinbase Global (NASDAQ:COIN), to 1.06M from 372K.
It reduced stakes in Amazon (NASDAQ:AMZN), to 974K from 3.75M, Uber Technologies (NYSE:UBER), to 490K from 6.52M, and Chevron (NYSE:CVX), to 305K from 2.10M, the filing showed.
Jim Simons, the mathematician investor who founded RenTech, died in May at the age of 86.