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 | |
|---|---|---|---|---|---|---|
351
America Movil
AMX
$76.1B
| $50.7M | 0.06% |
3,484,949
-103,300
| -3% | -$1.4M |
|
352
Republic Services
RSG
$64.8B
| $50.5M | 0.05% |
523,961
-68,600
| -12% | -$6.53M |
|
353
Dow Inc
DOW
$21.9B
| $50.1M | 0.05% |
+902,700
| New | +$46.6M |
|
354
Adeia
ADEA
$2.94B
| $49.9M | 0.05% |
9,026,564
-1,338,759
| -13% | -$5.81M |
|
355
Ambev
ABEV
$48.1B
| $49.7M | 0.05% |
16,257,668
-10,073,718
| -38% | -$27.2M |
|
356
CRH
CRH
$63.2B
| $49.6M | 0.05% |
1,164,599
-348,601
| -23% | -$13.7M |
|
357
National Bank Holdings
NBHC
$1.92B
| $49.5M | 0.05% |
1,511,300
-17,000
| -1% | -$539K |
|
358
Canadian Imperial Bank of Commerce
CM
$108B
| $49.2M | 0.05% |
1,151,674
-670,126
| -37% | -$27.3M |
|
359
RenaissanceRe
RNR
$13.3B
| $49.2M | 0.05% |
296,587
-180,710
| -38% | -$30.7M |
|
360
Lennox International
LII
$14.4B
| $48.7M | 0.05% |
177,800
+121,200
| +214% | +$34.5M |
|
361
AXIS Capital
AXS
$7.68B
| $48.7M | 0.05% |
965,826
-1,011,803
| -51% | -$49.1M |
|
362
Upwork
UPWK
$1.13B
| $48.1M | 0.05% |
1,393,400
+414,200
| +42% | +$11.8M |
|
|
CSR
363
Centerspace
CSR
$921M
| $48.1M | 0.05% |
680,532
-45,500
| -6% | -$3.2M |
|
364
FirstEnergy
FE
$28B
| $47.8M | 0.05% |
+1,562,508
| New | +$46.8M |
|
|
SFIX
365
Stitch Fix
SFIX
$536M
| $47.6M | 0.05% |
+810,200
| New | +$34.7M |
|
366
Sumitomo Mitsui Financial
SMFG
$164B
| $47.6M | 0.05% |
7,710,570
-951,600
| -11% | -$5.58M |
|
367
NOV
NOV
$6.93B
| $47.4M | 0.05% |
3,451,810
+856,000
| +33% | +$9.68M |
|
368
Varonis Systems
VRNS
$4.59B
| $47.2M | 0.05% |
865,800
+187,506
| +28% | +$8.14M |
|
369
Emerson Electric
EMR
$83.9B
| $47.2M | 0.05% |
+587,200
| New | +$43.7M |
|
370
Orion
OEC
$381M
| $47.2M | 0.05% |
2,752,201
-220,200
| -7% | -$3.36M |
|
371
Algonquin Power & Utilities
AQN
$4.49B
| $46.9M | 0.05% |
2,849,686
-897,546
| -24% | -$14.1M |
|
372
Cloudflare
NET
$99B
| $46.7M | 0.05% |
+615,000
| New | +$40.3M |
|
|
ATVI
373
DELISTED
Activision Blizzard
ATVI
| $46.7M | 0.05% |
503,198
-438,000
| -47% | -$35.6M |
|
374
DNOW Inc
DNOW
$2.58B
| $46.6M | 0.05% |
6,489,626
+134,796
| +2% | +$758K |
|
375
Supernus Pharmaceuticals
SUPN
$2.59B
| $46.5M | 0.05% |
1,849,522
-18,978
| -1% | -$408K |
|
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.