Latest news with #RenaissanceTechnologies
Yahoo
14-05-2025
- Business
- Yahoo
Renaissance Technologies' Strategic Moves: Apple Inc. Reduction by 0.91%
Renaissance Technologies (Trades, Portfolio) recently submitted its 13F filing for the first quarter of 2025, offering a glimpse into its strategic investment decisions during this period. Founded in 1978 by Jim Simons, Renaissance Technologies (Trades, Portfolio) LLC is a renowned private investment firm based in New York. Known for its pioneering approach in quantitative trading, the firm employs complex mathematical models to analyze and execute trades, many of which are automated. Simons, who stepped down as CEO in 2010 and retired as chairman in 2021, passed away in May 2024 at the age of 86. The firm continues to leverage computer-based models to predict price changes in easily-traded financial instruments, focusing on non-random movements to make informed predictions. Renaissance Technologies (Trades, Portfolio) added a total of 460 stocks, among them: The most significant addition was ServiceNow Inc (NYSE:NOW), with 272,301 shares, accounting for 0.33% of the portfolio and a total value of $216.79 million. The second largest addition to the portfolio was Alphabet Inc (NASDAQ:GOOG), consisting of 1,317,620 shares, representing approximately 0.31% of the portfolio, with a total value of $205.85 million. The third largest addition was American Airlines Group Inc (NASDAQ:AAL), with 17,213,832 shares, accounting for 0.27% of the portfolio and a total value of $181.61 million. Renaissance Technologies (Trades, Portfolio) also increased stakes in a total of 1,470 stocks, among them: The most notable increase was Broadcom Inc (NASDAQ:AVGO), with an additional 2,425,176 shares, bringing the total to 2,427,714 shares. This adjustment represents a significant 95,554.61% increase in share count, a 0.62% impact on the current portfolio, with a total value of $406.47 million. The second largest increase was Alphabet Inc (NASDAQ:GOOGL), with an additional 2,272,750 shares, bringing the total to 2,275,800. This adjustment represents a significant 74,516.39% increase in share count, with a total value of $351.93 million. Renaissance Technologies (Trades, Portfolio) completely exited 588 holdings in the first quarter of 2025, as detailed below: Nike Inc (NYSE:NKE): Renaissance Technologies (Trades, Portfolio) sold all 2,602,101 shares, resulting in a -0.29% impact on the portfolio. AutoZone Inc (NYSE:AZO): Renaissance Technologies (Trades, Portfolio) liquidated all 49,200 shares, causing a -0.23% impact on the portfolio. Renaissance Technologies (Trades, Portfolio) also reduced positions in 1,441 stocks. The most significant changes include: Reduced Apple Inc (NASDAQ:AAPL) by 2,463,237 shares, resulting in a -99.82% decrease in shares and a -0.91% impact on the portfolio. The stock traded at an average price of $231.67 during the quarter and has returned -13.08% over the past 3 months and -15.01% year-to-date. Reduced Palantir Technologies Inc (NASDAQ:PLTR) by 6,499,936 shares, resulting in a -28.52% reduction in shares and a -0.73% impact on the portfolio. The stock traded at an average price of $87.82 during the quarter and has returned 9.25% over the past 3 months and 72.13% year-to-date. At the first quarter of 2025, Renaissance Technologies (Trades, Portfolio)' portfolio included 3,407 stocks. The top holdings included 2.08% in Palantir Technologies Inc (NASDAQ:PLTR), 1.16% in VeriSign Inc (NASDAQ:VRSN), 1.06% in Corcept Therapeutics Inc (NASDAQ:CORT), 1.05% in Robinhood Markets Inc (NASDAQ:HOOD), and 0.99% in Sprouts Farmers Market Inc (NASDAQ:SFM). The holdings are mainly concentrated in all 11 industries: Technology, Healthcare, Consumer Cyclical, Financial Services, Industrials, Communication Services, Consumer Defensive, Basic Materials, Energy, Real Estate, and Utilities. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Is Sprouts Farmers Market (SFM) One of the Best Stocks to Buy According to Jim Simons' Renaissance Technologies?
We recently published a list of In this article, we are going to take a look at where Sprouts Farmers Market, Inc. (NASDAQ:SFM) stands against other best stocks to buy according to Jim Simons' Renaissance Technologies Even after his passing in 2024, billionaire investor and mathematician Jim Simons remains known as the 'Quant King' of hedge funds due to the extraordinary success of Renaissance Technologies, his quantitative trading firm based in New York. After years of researching the finance industry, Simons realized the untapped potential of employing quantitative analysis to capitalize on market inefficiencies. This insight led him to develop a data-driven investment strategy of analyzing market behavior solely using statistical and mathematical models. By identifying subtle, non-random patterns in financial data, the quant genius predicted future stock movements and generated impressive returns. Although it is closed to outside investors, Jim Simons' secretive Medallion hedge fund, a flagship of Renaissance, has produced ground-breaking results since its inception. The Medallion Fund raked in impressive returns of 56.6% and 74.6% during the early 2000s dot-com crash and the global financial crisis between 2007 and 2011. The fund has maintained a substantial annual return of 31.5% since its first two years of operation. At the time of his death, Simons was worth $31.4 billion, ranking him among the world's wealthiest individuals, thanks to the strong market performance of the Medallion Fund and Renaissance. READ ALSO: and . Renaissance Technologies' computer-driven powerhouse came off to a great start after a stellar performance in 2024. The Renaissance Institutional Diversified Alpha Fund has gained 9.05% as of February, continuing to build on its impressive 2024 return of 15.6%, which was its best since its inception in 2021. Meanwhile, the Renaissance Institutional Equities Fund has had its best start in over ten years, rising 11.85% in the first two months of 2025. Both funds are allowed to maintain sizable individual stock positions in addition to using stock index futures and options to help manage risk. However, the firm warns that it may be difficult to quickly unwind these sizable holdings without impacting market prices. For this list, we picked stocks from Renaissance Technologies' 13F portfolio as of the end of the fourth quarter of 2024. These equities are also popular among elite hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A bright, colorful display of fresh produce in a grocery store. Sprouts Farmers Market, Inc. (NASDAQ:SFM) is a specialty food retailer that deals in organic and natural products. The company targets health-conscious consumers by emphasizing produce, vitamins, and private-label products across its over 400 stores throughout the United States. Sprouts Farmers Market, Inc. (NASDAQ:SFM) announced impressive financial results for the first quarter of 2025. The company's earnings per share of $1.81 represented a 17.5% positive surprise, exceeding the $1.54 forecast. At $2.2 billion, revenue surged 19% year-over-year, in line with projections. On May 1, Arun Sundaram, a CFRA analyst, raised the price target for Sprouts Farmers Market, Inc. (NASDAQ:SFM) from $149 to $205 and upgraded the stock from Hold to a Buy. Sundaram supported Sprouts Farmers Market's premium valuation based on the company's substantial margin expansion, leading comparable sales growth, and substantial potential for new store openings. The company's comparable sales are also expected to increase further toward the end of 2025 and into 2026 with Sprouts Farmers Market's new loyalty program launch. RF Capital Management stated the following regarding Sprouts Farmers Market, Inc. (NASDAQ:SFM) in its Q1 2025 investor letter: 'Sprouts Farmers Market, Inc. (NASDAQ:SFM) continues to perform well and has posted strong Q1 2025 results. QoQ, SFM's net sales, comp store sales, and diluted EPS growth increased by 18.7%, 11.7%, and 61.6%, respectively. Overall, SFM ranks 6th on our list of best stocks to buy according to Jim Simons' Renaissance Technologies. While we acknowledge the potential for SFM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SFM but trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Is Carnival Corporation (CCL) One of the Best Stocks to Buy According to Jim Simons' Renaissance Technologies?
We recently published a list of In this article, we are going to take a look at where Carnival Corporation & plc (NYSE:CCL) stands against other best stocks to buy according to Jim Simons' Renaissance Technologies. Even after his passing in 2024, billionaire investor and mathematician Jim Simons remains known as the 'Quant King' of hedge funds due to the extraordinary success of Renaissance Technologies, his quantitative trading firm based in New York. After years of researching the finance industry, Simons realized the untapped potential of employing quantitative analysis to capitalize on market inefficiencies. This insight led him to develop a data-driven investment strategy of analyzing market behavior solely using statistical and mathematical models. By identifying subtle, non-random patterns in financial data, the quant genius predicted future stock movements and generated impressive returns. Although it is closed to outside investors, Jim Simons' secretive Medallion hedge fund, a flagship of Renaissance, has produced ground-breaking results since its inception. The Medallion Fund raked in impressive returns of 56.6% and 74.6% during the early 2000s dot-com crash and the global financial crisis between 2007 and 2011. The fund has maintained a substantial annual return of 31.5% since its first two years of operation. At the time of his death, Simons was worth $31.4 billion, ranking him among the world's wealthiest individuals, thanks to the strong market performance of the Medallion Fund and Renaissance. READ ALSO: and . Renaissance Technologies' computer-driven powerhouse came off to a great start after a stellar performance in 2024. The Renaissance Institutional Diversified Alpha Fund has gained 9.05% as of February, continuing to build on its impressive 2024 return of 15.6%, which was its best since its inception in 2021. Meanwhile, the Renaissance Institutional Equities Fund has had its best start in over ten years, rising 11.85% in the first two months of 2025. Both funds are allowed to maintain sizable individual stock positions in addition to using stock index futures and options to help manage risk. However, the firm warns that it may be difficult to quickly unwind these sizable holdings without impacting market prices. For this list, we picked stocks from Renaissance Technologies' 13F portfolio as of the end of the fourth quarter of 2024. These equities are also popular among elite hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A luxurious cruise ship sailing the deep blue sea, sun glistening off its decks. Carnival Corporation & plc (NYSE:CCL) operates cruise ships that offer vacation experiences to destinations in North America, the UK, Germany, and other regions. The company's segments include Cruise Support, Europe Cruise Operations, Tour and Other, and NAA Cruise Operations. Jamie Rollo, an analyst at Morgan Stanley, updated the investment firm's assessment of Carnival Corporation & plc (NYSE:CCL) on April 10. He upgraded the stock's rating from Underweight to Equalweight, albeit with a lower price target of $21 compared to $25. According to Rollo's analysis, Carnival's risk-reward ratio has shifted, now appearing more evenly distributed between potential gains and losses. Rollo noted that the average decline in cruise stocks, including Carnival, from their year-to-date highs stands at 41%. Carnival Corporation & plc (NYSE:CCL) posted record-breaking first-quarter 2025 results, with revenue rising 7.47% to $5.8 billion. Onboard revenues also increased by 11.1% to $2 billion, while ticket revenue increased by 5.5% to $3.83 billion. Overall, CCL ranks 13th on our list of best stocks to buy according to Jim Simons' Renaissance Technologies. While we acknowledge the potential for CCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CCL but trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Is Sprouts Farmers Market (SFM) One of the Best Stocks to Buy According to Jim Simons' Renaissance Technologies?
We recently published a list of In this article, we are going to take a look at where Sprouts Farmers Market, Inc. (NASDAQ:SFM) stands against other best stocks to buy according to Jim Simons' Renaissance Technologies Even after his passing in 2024, billionaire investor and mathematician Jim Simons remains known as the 'Quant King' of hedge funds due to the extraordinary success of Renaissance Technologies, his quantitative trading firm based in New York. After years of researching the finance industry, Simons realized the untapped potential of employing quantitative analysis to capitalize on market inefficiencies. This insight led him to develop a data-driven investment strategy of analyzing market behavior solely using statistical and mathematical models. By identifying subtle, non-random patterns in financial data, the quant genius predicted future stock movements and generated impressive returns. Although it is closed to outside investors, Jim Simons' secretive Medallion hedge fund, a flagship of Renaissance, has produced ground-breaking results since its inception. The Medallion Fund raked in impressive returns of 56.6% and 74.6% during the early 2000s dot-com crash and the global financial crisis between 2007 and 2011. The fund has maintained a substantial annual return of 31.5% since its first two years of operation. At the time of his death, Simons was worth $31.4 billion, ranking him among the world's wealthiest individuals, thanks to the strong market performance of the Medallion Fund and Renaissance. READ ALSO: and . Renaissance Technologies' computer-driven powerhouse came off to a great start after a stellar performance in 2024. The Renaissance Institutional Diversified Alpha Fund has gained 9.05% as of February, continuing to build on its impressive 2024 return of 15.6%, which was its best since its inception in 2021. Meanwhile, the Renaissance Institutional Equities Fund has had its best start in over ten years, rising 11.85% in the first two months of 2025. Both funds are allowed to maintain sizable individual stock positions in addition to using stock index futures and options to help manage risk. However, the firm warns that it may be difficult to quickly unwind these sizable holdings without impacting market prices. For this list, we picked stocks from Renaissance Technologies' 13F portfolio as of the end of the fourth quarter of 2024. These equities are also popular among elite hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A bright, colorful display of fresh produce in a grocery store. Sprouts Farmers Market, Inc. (NASDAQ:SFM) is a specialty food retailer that deals in organic and natural products. The company targets health-conscious consumers by emphasizing produce, vitamins, and private-label products across its over 400 stores throughout the United States. Sprouts Farmers Market, Inc. (NASDAQ:SFM) announced impressive financial results for the first quarter of 2025. The company's earnings per share of $1.81 represented a 17.5% positive surprise, exceeding the $1.54 forecast. At $2.2 billion, revenue surged 19% year-over-year, in line with projections. On May 1, Arun Sundaram, a CFRA analyst, raised the price target for Sprouts Farmers Market, Inc. (NASDAQ:SFM) from $149 to $205 and upgraded the stock from Hold to a Buy. Sundaram supported Sprouts Farmers Market's premium valuation based on the company's substantial margin expansion, leading comparable sales growth, and substantial potential for new store openings. The company's comparable sales are also expected to increase further toward the end of 2025 and into 2026 with Sprouts Farmers Market's new loyalty program launch. RF Capital Management stated the following regarding Sprouts Farmers Market, Inc. (NASDAQ:SFM) in its Q1 2025 investor letter: 'Sprouts Farmers Market, Inc. (NASDAQ:SFM) continues to perform well and has posted strong Q1 2025 results. QoQ, SFM's net sales, comp store sales, and diluted EPS growth increased by 18.7%, 11.7%, and 61.6%, respectively. Overall, SFM ranks 6th on our list of best stocks to buy according to Jim Simons' Renaissance Technologies. While we acknowledge the potential for SFM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SFM but trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
12-05-2025
- Business
- Yahoo
Is Carnival Corporation & plc (CCL) the Best Stock to Buy According to Jim Simons' Renaissance Technologies?
We recently published a list of In this article, we are going to take a look at where Carnival Corporation & plc (NYSE:CCL) stands against other best stocks to buy according to Jim Simons' Renaissance Technologies. Even after his passing in 2024, billionaire investor and mathematician Jim Simons remains known as the 'Quant King' of hedge funds due to the extraordinary success of Renaissance Technologies, his quantitative trading firm based in New York. After years of researching the finance industry, Simons realized the untapped potential of employing quantitative analysis to capitalize on market inefficiencies. This insight led him to develop a data-driven investment strategy of analyzing market behavior solely using statistical and mathematical models. By identifying subtle, non-random patterns in financial data, the quant genius predicted future stock movements and generated impressive returns. Although it is closed to outside investors, Jim Simons' secretive Medallion hedge fund, a flagship of Renaissance, has produced ground-breaking results since its inception. The Medallion Fund raked in impressive returns of 56.6% and 74.6% during the early 2000s dot-com crash and the global financial crisis between 2007 and 2011. The fund has maintained a substantial annual return of 31.5% since its first two years of operation. At the time of his death, Simons was worth $31.4 billion, ranking him among the world's wealthiest individuals, thanks to the strong market performance of the Medallion Fund and Renaissance. READ ALSO: and . Renaissance Technologies' computer-driven powerhouse came off to a great start after a stellar performance in 2024. The Renaissance Institutional Diversified Alpha Fund has gained 9.05% as of February, continuing to build on its impressive 2024 return of 15.6%, which was its best since its inception in 2021. Meanwhile, the Renaissance Institutional Equities Fund has had its best start in over ten years, rising 11.85% in the first two months of 2025. Both funds are allowed to maintain sizable individual stock positions in addition to using stock index futures and options to help manage risk. However, the firm warns that it may be difficult to quickly unwind these sizable holdings without impacting market prices. For this list, we picked stocks from Renaissance Technologies' 13F portfolio as of the end of the fourth quarter of 2024. These equities are also popular among elite hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A luxurious cruise ship sailing the deep blue sea, sun glistening off its decks. Carnival Corporation & plc (NYSE:CCL) operates cruise ships that offer vacation experiences to destinations in North America, the UK, Germany, and other regions. The company's segments include Cruise Support, Europe Cruise Operations, Tour and Other, and NAA Cruise Operations. Jamie Rollo, an analyst at Morgan Stanley, updated the investment firm's assessment of Carnival Corporation & plc (NYSE:CCL) on April 10. He upgraded the stock's rating from Underweight to Equalweight, albeit with a lower price target of $21 compared to $25. According to Rollo's analysis, Carnival's risk-reward ratio has shifted, now appearing more evenly distributed between potential gains and losses. Rollo noted that the average decline in cruise stocks, including Carnival, from their year-to-date highs stands at 41%. Carnival Corporation & plc (NYSE:CCL) posted record-breaking first-quarter 2025 results, with revenue rising 7.47% to $5.8 billion. Onboard revenues also increased by 11.1% to $2 billion, while ticket revenue increased by 5.5% to $3.83 billion. Overall, CCL ranks 13th on our list of best stocks to buy according to Jim Simons' Renaissance Technologies. While we acknowledge the potential for CCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CCL but trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
