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 |
Costco
COST
|
+$616M |
| 2 |
Netflix
NFLX
|
+$481M |
| 3 |
Micron Technology
MU
|
+$416M |
| 4 |
Tesla
TSLA
|
+$416M |
| 5 |
Procter & Gamble
PG
|
+$322M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$885M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$660M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$463M |
| 4 |
Applovin
APP
|
+$430M |
| 5 |
Meta Platforms (Facebook)
META
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.84% |
| 2 | Healthcare | 15.77% |
| 3 | Consumer Discretionary | 13.88% |
| 4 | Industrials | 9.94% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Pulmonx
LUNG
$85M
| $645K | ﹤0.01% |
292,000
-40,810
| -12% | -$76.7K |
|
2477
US GoldMining
USGO
$112M
| $645K | ﹤0.01% |
73,100
+43,700
| +149% | +$480K |
|
|
TBRG
2478
DELISTED
TruBridge
TBRG
| $644K | ﹤0.01% |
29,176
-120,475
| -81% | -$2.52M |
|
|
PXED
2479
Phoenix Education Partners
PXED
$1.09B
| $642K | ﹤0.01% |
+21,200
| New | +$710K |
|
2480
Research Solutions
RSSS
$73.9M
| $642K | ﹤0.01% |
218,200
+11,756
| +6% | +$36.7K |
|
2481
Global X MSCI Argentina ETF
ARGT
$836M
| $631K | ﹤0.01% |
+6,900
| New | +$589K |
|
2482
Shopify
SHOP
$187B
| $629K | ﹤0.01% |
+3,904
| New | +$627K |
|
2483
Orchestra BioMed
OBIO
$253M
| $628K | ﹤0.01% |
151,300
-229,208
| -60% | -$925K |
|
2484
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.38B
| $627K | ﹤0.01% |
2,600
+1,200
| +86% | +$285K |
|
|
BNR
2485
Burning Rock Biotech
BNR
$93.7M
| $627K | ﹤0.01% |
31,117
-600
| -2% | -$8.76K |
|
2486
Olema Pharmaceuticals
OLMA
$1.01B
| $627K | ﹤0.01% |
25,067
-65,033
| -72% | -$1.16M |
|
|
DAO
2487
Youdao
DAO
$2.08B
| $625K | ﹤0.01% |
62,000
-6,700
| -10% | -$66.9K |
|
2488
American Vanguard Corp
AVD
$73.2M
| $625K | ﹤0.01% |
163,500
+78,600
| +93% | +$367K |
|
|
XRN
2489
Chiron Real Estate Inc
XRN
$464M
| $624K | ﹤0.01% |
18,497
-39,500
| -68% | -$1.29M |
|
2490
Cineverse
CNVS
$62.8M
| $622K | ﹤0.01% |
294,947
-165,771
| -36% | -$449K |
|
2491
iShares Core US REIT ETF
USRT
$4.66B
| $615K | ﹤0.01% |
+10,799
| New | +$625K |
|
2492
Triple Flag Precious Metals
TFPM
$6.46B
| $615K | ﹤0.01% |
18,500
-105,000
| -85% | -$3.28M |
|
|
VIOT
2493
Viomi Technology
VIOT
$50.7M
| $614K | ﹤0.01% |
333,864
-43,892
| -12% | -$116K |
|
2494
Network-1 Technologies
NTIP
$36.6M
| $613K | ﹤0.01% |
467,844
-27,987
| -6% | -$40.6K |
|
|
BZUN
2495
Baozun
BZUN
$172M
| $612K | ﹤0.01% |
230,244
+35,228
| +18% | +$111K |
|
2496
Abeona Therapeutics
ABEO
$388M
| $612K | ﹤0.01% |
116,200
-410,237
| -78% | -$2.07M |
|
2497
SB Financial Group
SBFG
$166M
| $611K | ﹤0.01% |
27,425
-8,100
| -23% | -$168K |
|
2498
Greenfire Resources
GFR
$734M
| $611K | ﹤0.01% |
128,300
+17,600
| +16% | +$83.6K |
|
2499
Paysafe
PSFE
$412M
| $611K | ﹤0.01% |
75,489
-78,000
| -51% | -$756K |
|
2500
Beazer Homes USA
BZH
$931M
| $611K | ﹤0.01% |
30,128
-38,400
| -56% | -$854K |
|
Similar funds
Renaissance Technologies's Q4 2025 Portfolio in Review
As of Q4 2025, Renaissance Technologies held 3,923 positions worth $64.5B, down 15% from $75.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $10.1B in Q4 2025, closing 737 positions and reducing 1,682 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $354M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in ServiceNow worth $204M.
- Renaissance Technologies's largest Q4 2025 buy was ServiceNow: 1,331,977 shares worth $204M.
- Renaissance Technologies added most to Costco in Q4 2025, an estimated $616M increase.
- Renaissance Technologies's biggest Q4 2025 reduction was NVIDIA, cutting an estimated $885M.
- Renaissance Technologies fully exited Meta Platforms (Facebook) in Q4 2025, selling an estimated $354M.
- Renaissance Technologies's ten largest holdings make up 12% of its $64.5B portfolio in Q4 2025.
- Renaissance Technologies opened 466 new positions and closed 737 in Q4 2025.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $64.5B.
Based on Renaissance Technologies's 13F filing for Q4 2025, filed 12 Feb 2026.