Renaissance Technologies Buys 1.67 Million Newmont Shares
Renaissance Technologies disclosed sizable new and expanded positions across several U.S. stocks in Q1, including a new stake of 1,671,568 Newmont shares valued at about $180.9 million and a 202,838-share purchase in Lumentum worth roughly $142.5 million, while trimming its Colgate-Palmolive holding by 17.9% to 2,273,833 shares valued at about $193.8 million and boosting Albemarle by 78.5% to 730,745 shares worth around $131.2 million. These moves illustrate active diversification across materials, technology and chemicals, with notable stakes growth in Albemarle and Newmont alongside the Lumentum investment.