BlockBeats reports that Renaissance Technologies reduced its holdings of NVIDIA shares by 99.7% in the third quarter.

AT A GLANCE

BlockBeats reports that Renaissance Technologies significantly reduced its holdings in several large technology stocks and increased its positions in certain semiconductor stocks during the third quarter.

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Hedge fund Renaissance Technologies precisely sold off 99.7% of its NVIDIA holdings before the Jensen Huang scandal broke.

BlockBeats reports that on November 13, the latest Q3 2026 13F filing submitted by Renaissance Technologies, a quantitative hedge fund founded by legendary mathematician Jim Simons, revealed significant adjustments to its U.S. stock positions. The firm nearly liquidated its holdings in NVIDIA (NVDA), Meta (META), Apple (AAPL), and Amazon (AMZN). Specifically, its NVIDIA position decreased by 99.7% quarter-over-quarter, from an approximate market value of 1,420,000,000 USD. Notably, this reduction occurred several weeks before controversies related to Jensen Huang came to light.

Among its top ten holdings, memory chip and semiconductor companies hold prominent positions. Micron Technology (MU) ranks first with a market value of 1,620,000,000 USD, followed by Advanced Micro Devices (AMD) at 1,210,000,000 USD. Other notable positions include United Therapeutics (UTHR, 908,000,000 USD), Intel (INTC, 835,000,000 USD), Alphabet (GOOGL, 828,000,000 USD), and UnitedHealth (UNH, 817,000,000 USD). Additionally, the firm established a new position in SpaceX valued at approximately 621,000,000 USD.

In terms of specific portfolio shifts, the firm significantly increased its stake in SanDisk (SNDK), boosting its share count by 5,451%. Shares held in Micron Technology and UnitedHealth grew by 619% and 507%, respectively, while AMD saw a 140% increase. Meanwhile, excluding NVIDIA, the firm reduced its stakes in Meta, Apple, and Amazon by 99.9%, 99.8%, and 99.5%, respectively, and trimmed its Palantir (PLTR) position by 71%. Furthermore, it completely exited positions in Blackstone, S&P 500 ETFs, Marvell Technology, and Danaher. Overall, the firm's portfolio clearly shifted toward memory chips, semiconductors, and certain newly added securities.

Original article link https://m.theblockbeats.info/flash/377079

Key points

The report cited Renaissance Technologies' latest filed 13F for the third quarter of 2026, stating that the firm made substantial adjustments to its U.S. stock holdings.
The report said the institution’s holdings in NVIDIA decreased by 99.7% quarter-over-quarter, with the previous holding valued at approximately 1420000000 USD; the number of shares held in Meta, Apple, and Amazon were reduced by 99.9%, 99.8%, and 99.5%, respectively.
The report lists Micron Technology’s holdings at a market value of 1620000000 USD and AMD’s holdings at a market value of 1210000000 USD, stating that the number of shares held increased by 619% and 140%, respectively.
The report said the institution significantly increased its stake in SanDisk, with the number of shares rising by 5451%, and established a new position in SpaceX, with the stock value around 621000000 USD.
The report said the institution also increased its holdings in UnitedHealth by 507%, reduced its position in Palantir by 71%, and completely exited its positions in Blackstone, the S&P 500 ETF, Marvell Technology, and Danaher.
The report described this reduction in holdings as occurring several weeks before the controversy involving Jensen Huang came to light, but it did not specify the details of the controversy.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

13F is an institutional holdings disclosure document. According to this report, in Renaissance Technologies’ third-quarter holdings disclosed, positions in several large technology stocks decreased significantly, while positions in Micron, AMD, and SanDisk increased. The changes in holdings alone cannot explain why the fund made these adjustments, nor can they be used to predict the future performance of these stocks.

Why it matters to readers

The report presents changes in the holdings of a large investment institution, which may draw market attention to allocations in semiconductor and technology stocks. However, the report does not include the original 13F filing, and the disclosed holdings cannot verify the specific dates of transactions, the motivations behind them, or their connection to the alleged controversy.

When reading institutional holdings news, one can distinguish between “what positions were disclosed in a given quarter” and “when and why the trades occurred.” This report presents the former but does not provide the original filing documents for verification.

Risks and unknowns

The original 13F filing was not provided, so the holdings and change data in the text cannot be independently verified based on the given information.
13F holdings disclosures cannot confirm specific transaction times or investment motives.
The controversy related to Jensen Huang is not specified, and the provided information does not verify the details of the dispute.

Renaissance Technologies reduced its holdings of NVIDIA shares by 99.7% in the third quarter.

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