Renaissance Technologies made significant adjustments to its portfolio in 2025: (Focused on aggressively building positions in storage, while exiting Apple and Alibaba) 1. Palantir (PLTR): • Status: The fund's largest position, valued at over $1.56 billion. • Reduction: Despite being the top holding, the fund slashed its position by 61% in 2025, now holding 8.79 million shares. 2. Micron (MU - Micron Technology): • Massive increase: The fund increased its position in Micron 14-fold, with shares skyrocketing from 200,000 at the end of 2024 to over 3 million. 3. New positions: • In 2025, the fund newly acquired Costco (COST), SanDisk (SNDK), and Adobe (ADBE), with these three stocks receiving the highest capital allocation. 4. Increased holdings: • Significantly increased positions in Tesla (TSLA) and Chevron (CVX), with both holdings seeing their share count and value multiply several times during 2025. 5. Exited positions: • Completely exited positions in Apple (AAPL), Alibaba (BABA), and Wingstop (WING), cashing out approximately $1.07 billion.