Quantitative trading giant Renaissance Technologies, founded by Jim Simons, has liquidated its entire position in Verizon Communications (VZ). According to a quarterly disclosure filed with the SEC, the firm sold all 1.71 million of its shares. It's important to note that this 13F filing, made public in August, reflects trades made during the second quarter of 2026, which ended June 30. The sale, valued at an estimated $85.96 million, occurred during a period when Verizon reported strong Q2 results, beating earnings expectations and raising its full-year guidance in late July. This disclosure provides a delayed look at the firm's portfolio adjustments and does not represent a real-time trading decision.