Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$191M |
| 2 |
Nike
NKE
|
+$190M |
| 3 |
UnitedHealth
UNH
|
+$158M |
| 4 |
Shopify
SHOP
|
+$153M |
| 5 |
TSMC
TSM
|
+$151M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palantir
PLTR
|
+$910M |
| 2 |
Microsoft
MSFT
|
+$668M |
| 3 |
Meta Platforms (Facebook)
META
|
+$351M |
| 4 |
Micron Technology
MU
|
+$244M |
| 5 |
Apple
AAPL
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.86% |
| 2 | Healthcare | 15.8% |
| 3 | Consumer Discretionary | 14.09% |
| 4 | Industrials | 8.98% |
| 5 | Financials | 8.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $70.5M | 0.1% |
904,200
+84,984
| +10% | +$6.67M |
|
227
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $70.5M | 0.1% |
2,929,758
+266,904
| +10% | +$6.46M |
|
228
Copa Holdings
CPA
$5.81B
| $70.4M | 0.1% |
801,628
-68,757
| -8% | -$6.52M |
|
229
Procter & Gamble
PG
$335B
| $69.9M | 0.1% |
417,093
-61,427
| -13% | -$10.5M |
|
230
Box
BOX
$4.35B
| $69.7M | 0.1% |
2,205,926
+233,100
| +12% | +$7.65M |
|
231
DexCom
DXCM
$32.3B
| $69.2M | 0.1% |
889,874
+58,902
| +7% | +$4.36M |
|
232
Winmark
WINA
$1.19B
| $68.5M | 0.1% |
174,231
-9,900
| -5% | -$3.89M |
|
233
Microchip Technology
MCHP
$40.7B
| $68.3M | 0.1% |
+1,191,064
| New | +$81.9M |
|
234
UFP Technologies
UFPT
$1.97B
| $68.3M | 0.1% |
279,159
-261
| -0.1% | -$76K |
|
235
Fair Isaac
FICO
$24.1B
| $68.1M | 0.1% |
34,221
+15,471
| +83% | +$33M |
|
236
Ferguson
FERG
$45.7B
| $67.4M | 0.1% |
388,600
-332,100
| -46% | -$66M |
|
237
Freeport-McMoran
FCX
$90.1B
| $66.8M | 0.1% |
1,753,571
+109,422
| +7% | +$4.89M |
|
238
Ubiquiti
UI
$33.3B
| $66.4M | 0.1% |
199,964
+2,400
| +1% | +$723K |
|
239
Cenovus Energy
CVE
$55.7B
| $66.3M | 0.1% |
4,378,894
+1,166,294
| +36% | +$18.8M |
|
240
Chewy
CHWY
$9.28B
| $66.3M | 0.1% |
1,980,882
-10,600
| -0.5% | -$330K |
|
241
B2Gold
BTG
$5B
| $66.3M | 0.1% |
27,186,655
+272,300
| +1% | +$800K |
|
242
FirstEnergy
FE
$28B
| $65.3M | 0.1% |
1,640,808
+888,800
| +118% | +$37.2M |
|
|
AXON
243
Axon Enterprise
AXON
$42.4B
| $64.9M | 0.1% |
109,252
+50,000
| +84% | +$27.2M |
|
244
ADMA Biologics
ADMA
$1.96B
| $64.7M | 0.1% |
3,769,888
+102,692
| +3% | +$1.93M |
|
245
Rubrik
RBRK
$14.8B
| $64.5M | 0.1% |
+987,300
| New | +$48.8M |
|
|
MOMO
246
Hello Group
MOMO
$881M
| $64.1M | 0.09% |
8,314,890
-301,008
| -3% | -$2.14M |
|
247
Ford
F
$58.7B
| $63.6M | 0.09% |
6,424,709
-4,443,400
| -41% | -$47.4M |
|
248
Morningstar
MORN
$7.26B
| $63.4M | 0.09% |
188,370
+4,900
| +3% | +$1.67M |
|
249
Dynatrace
DT
$12.8B
| $63.4M | 0.09% |
1,167,058
+702,958
| +151% | +$38.3M |
|
250
Twilio
TWLO
$29.7B
| $63M | 0.09% |
+582,895
| New | +$53.3M |
|
Similar funds
Renaissance Technologies's Q4 2024 Portfolio in Review
As of Q4 2024, Renaissance Technologies held 4,032 positions worth $67.6B, up 1.6% from $66.5B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Renaissance Technologies's Q4 2024 filing shows 548 new, 1,485 increased, 1,480 reduced and 497 closed positions. Its largest new stake was UnitedHealth: 278,658 shares worth $141M. The largest sale was Palantir, an estimated $910M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q4 2024 buy was UnitedHealth: 278,658 shares worth $141M.
- Renaissance Technologies added most to Alibaba in Q4 2024, an estimated $191M increase.
- Renaissance Technologies's biggest Q4 2024 reduction was Palantir, cutting an estimated $910M.
- Renaissance Technologies fully exited Arm in Q4 2024, selling an estimated $153M.
- Renaissance Technologies's ten largest holdings make up 10% of its $67.6B portfolio in Q4 2024.
- Renaissance Technologies opened 548 new positions and closed 497 in Q4 2024.
- Renaissance Technologies's portfolio value rose 1.6% quarter-over-quarter to $67.6B.
Based on Renaissance Technologies's 13F filing for Q4 2024, filed 13 Feb 2025.