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 | |
|---|---|---|---|---|---|---|
3626
OFG Bancorp
OFG
$2.24B
| – | – |
-86,721
| Closed | -$1.08M |
|
3627
Oragenics
OGEN
$2.39M
| – | – |
-448
| Closed | -$464K |
|
3628
ONE Gas
OGS
$4.92B
| – | – |
-16,500
| Closed | -$1.14M |
|
3629
Okta
OKTA
$24.6B
| – | – |
-329,700
| Closed | -$70.5M |
|
3630
Universal Display
OLED
$3.67B
| – | – |
-272,500
| Closed | -$49.3M |
|
3631
Ollie's Bargain Outlet
OLLI
$4.51B
| – | – |
-264,300
| Closed | -$23.1M |
|
3632
Ocean Power Technologies
OPTT
$48.6M
| – | – |
-88,031
| Closed | -$89K |
|
3633
Ormat Technologies
ORA
$6.02B
| – | – |
-298,757
| Closed | -$17.7M |
|
3634
Oxbridge Re Holdings
OXBR
$11.3M
| – | – |
-59,600
| Closed | -$105K |
|
3635
Plains GP Holdings
PAGP
$5.15B
| – | – |
-1,045,521
| Closed | -$6.37M |
|
3636
Passage Bio
PASG
$14.4M
| – | – |
-1,260
| Closed | -$330K |
|
3637
Paychex
PAYX
$41.9B
| – | – |
-121,701
| Closed | -$9.71M |
|
3638
Paylocity
PCTY
$7.48B
| – | – |
-14,800
| Closed | -$2.39M |
|
|
PDM
3639
Piedmont Realty Trust
PDM
$1.24B
| – | – |
-205,600
| Closed | -$2.79M |
|
3640
Pfizer
PFE
$143B
| – | – |
-566,041
| Closed | -$19.7M |
|
3641
Phio Pharmaceuticals
PHIO
$12M
| – | – |
-188
| Closed | -$43K |
|
3642
Plug Power
PLUG
$2.9B
| – | – |
-806,900
| Closed | -$10.8M |
|
3643
Pluri
PLUR
$16.9M
| – | – |
-9,454
| Closed | -$796K |
|
3644
ePlus
PLUS
$2.45B
| – | – |
-48,778
| Closed | -$1.78M |
|
3645
PNC Financial Services
PNC
$100B
| – | – |
-138,499
| Closed | -$15.2M |
|
3646
Pinnacle Financial Partners Inc
PNFP
$16.2B
| – | – |
-82,496
| Closed | -$2.94M |
|
3647
Pool Corp
POOL
$7.11B
| – | – |
-205,036
| Closed | -$68.6M |
|
3648
Primoris Services
PRIM
$4.77B
| – | – |
-53,500
| Closed | -$965K |
|
3649
Personalis
PSNL
$1.41B
| – | – |
-13,800
| Closed | -$299K |
|
3650
Phillips 66
PSX
$82.7B
| – | – |
-120,800
| Closed | -$6.26M |
|
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.