Why is institutional capital piling into Palantir Technologies Inc-A? The latest 13F filings show five major funds holding a combined $3,339,536,885 in PLTR, reflecting a clear split in how these shops view the tech sector.

Who is holding the largest slice of the pie?

Renaissance Technologies currently sits as the primary holder among this group, reporting a position valued at $1,021,901,255. Despite this massive dollar amount, Palantir accounts for only 1.598% of the fund’s total portfolio. The filing shows Renaissance chose to reduce its exposure during the last period, marking the position with a "Decreased" flag. It remains a heavy hitter in the PLTR stock ecosystem, even if the quantitative giant decided to pull back some of its capital.

Why did Scion Asset Management show up with such massive concentration?

Scion Asset Management made headlines with this filing by establishing a new position worth $912,100,000. What makes this move distinct is the portfolio weight: 66.036%. For a fund of that size, committing more than two-thirds of its reported portfolio to a single ticker is a structural outlier that demands attention. This is not a rounding error or a minor hedge; it is a definitive, high-conviction bet on the data analytics firm.

How are the other quantitative shops shifting?

Two Sigma Investments moved in the opposite direction of Renaissance Technologies, opting to increase its stake. The firm now holds $940,653,833 in Palantir. This position represents 0.759% of their total portfolio. While the percentage of the portfolio is lower than the exposure seen at Renaissance, the "Increased" flag suggests a fundamental shift in their internal model for the ticker. It is rare to see two major quantitative shops move with such divergent intent within the same quarter.

Where is the rest of the capital moving?

ARK Investment Management reported a position of $454,913,400. This holding makes up 3.537% of their portfolio. ARK followed a path similar to Renaissance, ending the period with a "Decreased" flag attached to the filing. Despite the reduction, the position remains significant relative to the fund's overall holdings, signaling that while they are trimming, they are not exiting the trade entirely.

Then there is Mubadala Investment Co, which filed a "New Position" totaling $9,968,397. This represents a tiny 0.048% of their portfolio. While it is a new entry point, the impact on their bottom line is negligible compared to the sheer size of the bets placed by Scion or Renaissance. It functions more as an exploratory stake rather than a core driver of their performance.

The total institutional value across these five specific holders hits $3,339,536,885. Seeing five distinct whales move on the same ticker—with two establishing new positions, two scaling back, and one increasing—shows that the institutional interest in Palantir is currently fragmented by competing strategies. Renaissance and ARK are taking chips off the table, Two Sigma is adding, and Scion is diving in deep.

The discrepancy in portfolio weight—ranging from 0.048% at Mubadala to over 66% at Scion—is the most important metric here. It highlights that "holding" the stock means something entirely different to each of these desks. One is treating it as a core bet, while others are treating it as a satellite position or a risk-managed trade.

I am going to grab a sandwich now. The ticker is trading at $112.93, and the data speaks for itself. There is no consensus here, only five different ways of looking at the same balance sheet.

13F filings are delayed data and do not constitute investment advice.