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 |
NVIDIA
NVDA
|
+$537M |
| 2 |
Peloton Interactive
PTON
|
+$373M |
| 3 |
Amazon
AMZN
|
+$306M |
| 4 |
S&P Global
SPGI
|
+$244M |
| 5 |
WORK
Slack Technologies, Inc.
WORK
|
+$232M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zoom
ZM
|
+$1.27B |
| 2 |
Bristol-Myers Squibb
BMY
|
+$744M |
| 3 |
Chipotle Mexican Grill
CMG
|
+$716M |
| 4 |
AbbVie
ABBV
|
+$712M |
| 5 |
Pinduoduo
PDD
|
+$542M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.81% |
| 2 | Technology | 16.67% |
| 3 | Consumer Discretionary | 11.17% |
| 4 | Communication Services | 10.86% |
| 5 | Consumer Staples | 10.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3401
CAE Inc. Common Shares
CAE
$8.51B
| – | – |
-121,100
| Closed | -$1.77M |
|
3402
Chubb
CB
$134B
| – | – |
-321,099
| Closed | -$37.3M |
|
3403
CBAK Energy Technology Ltd
CBAT
$44M
| – | – |
-42,169
| Closed | -$85K |
|
3404
Crown Castle
CCI
$33.5B
| – | – |
-6,203
| Closed | -$1.03M |
|
3405
CareDx
CDNA
$2.48B
| – | – |
-170,400
| Closed | -$6.46M |
|
3406
Cadiz
CDZI
$260M
| – | – |
-41,334
| Closed | -$410K |
|
3407
Celsius Holdings
CELH
$7.22B
| – | – |
-51,000
| Closed | -$386K |
|
3408
Chefs' Warehouse
CHEF
$4.54B
| – | – |
-511,500
| Closed | -$7.44M |
|
3409
Charter Communications
CHTR
$17.2B
| – | – |
-546,111
| Closed | -$341M |
|
3410
Cigna
CI
$74.5B
| – | – |
-474,259
| Closed | -$80.3M |
|
3411
CollPlant Biotechnologies
CLGN
$6.01M
| – | – |
-12,797
| Closed | -$107K |
|
3412
Clarivate
CLVT
$1.24B
| – | – |
-198,800
| Closed | -$6.16M |
|
3413
Euro Tech Holdings
CLWT
$11M
| – | – |
-29,570
| Closed | -$32K |
|
3414
CMS Energy
CMS
$22.5B
| – | – |
-42,900
| Closed | -$2.63M |
|
3415
ZW Data Action Technologies
CNET
$5.69M
| – | – |
-1,260
| Closed | -$51K |
|
3416
Cannae Holdings
CNNE
$655M
| – | – |
-36,700
| Closed | -$1.37M |
|
3417
Canadian Natural Resources
CNQ
$96.7B
| – | – |
-1,080,422
| Closed | -$8.48M |
|
3418
Coherent
COHR
$56.4B
| – | – |
-58,864
| Closed | -$2.39M |
|
3419
Americold
COLD
$4.03B
| – | – |
-576,500
| Closed | -$20.6M |
|
3420
ConocoPhillips
COP
$145B
| – | – |
-1,005,513
| Closed | -$33M |
|
3421
Costco
COST
$423B
| – | – |
-160,367
| Closed | -$56.9M |
|
3422
Chesapeake Utilities
CPK
$3.21B
| – | – |
-64,250
| Closed | -$5.42M |
|
3423
Comstock Resources
CRK
$3.94B
| – | – |
-142,885
| Closed | -$626K |
|
3424
Cerence
CRNC
$403M
| – | – |
-7,400
| Closed | -$362K |
|
3425
Cirrus Logic
CRUS
$6.42B
| – | – |
-132,720
| Closed | -$8.95M |
|
Similar funds
Renaissance Technologies's Q4 2020 Portfolio in Review
As of Q4 2020, Renaissance Technologies held 3,901 positions worth $92.1B, down 8% from $100B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Renaissance Technologies withdrew a net $21.6B in Q4 2020, closing 555 positions and reducing 1,622 holdings. Its most notable exit was Charter Communications, an estimated $341M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, down from 23% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in NVIDIA worth $524M.
- Renaissance Technologies's largest Q4 2020 buy was NVIDIA: 40,123,720 shares worth $524M.
- Renaissance Technologies added most to Amazon in Q4 2020, an estimated $306M increase.
- Renaissance Technologies's biggest Q4 2020 reduction was Zoom, cutting an estimated $1.27B.
- Renaissance Technologies fully exited Charter Communications in Q4 2020, selling an estimated $341M.
- Renaissance Technologies's ten largest holdings make up 13% of its $92.1B portfolio in Q4 2020.
- Renaissance Technologies opened 565 new positions and closed 555 in Q4 2020.
- Renaissance Technologies's portfolio value fell 8% quarter-over-quarter to $92.1B.
Based on Renaissance Technologies's 13F filing for Q4 2020, filed 10 Feb 2021.