Quantitative trading giant Renaissance Technologies, founded by Jim Simons, has liquidated its entire position in United Parcel Services Inc. (UPS), according to a recent SEC filing. The disclosure, which reflects holdings as of June 30, 2026, shows the firm sold all 1.23 million of its shares. This move comes from a firm known for its complex, data-driven trading strategies that often involve frequent portfolio adjustments.
Investors should note that 13F filings are released with a delay, detailing a fund's portfolio from 45 days prior. Therefore, this filing from August 13, 2026, reveals a trade that occurred sometime in the second quarter of 2026. The estimated value of the sold shares was approximately $121.46 million, which represented a 0.19% portfolio weight for the fund at the end of the first quarter.