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 | |
|---|---|---|---|---|---|---|
|
CAJ
501
DELISTED
Canon, Inc.
CAJ
| $33.9M | 0.04% |
1,748,007
-272,000
| -13% | -$4.91M |
|
|
SEE
502
DELISTED
Sealed Air
SEE
| $33.9M | 0.04% |
740,409
-175,900
| -19% | -$7.62M |
|
503
Fidelity National Financial
FNF
$13.9B
| $33.8M | 0.04% |
899,492
-53,157
| -6% | -$1.79M |
|
504
Yelp
YELP
$1.45B
| $33.8M | 0.04% |
1,033,700
+190,200
| +23% | +$4.99M |
|
|
MNR
505
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $33.7M | 0.04% |
1,945,496
-676,704
| -26% | -$10.2M |
|
506
IMAX
IMAX
$2.62B
| $33.6M | 0.04% |
1,864,500
-45,900
| -2% | -$633K |
|
507
Winmark
WINA
$1.2B
| $33.5M | 0.04% |
180,528
-10,422
| -5% | -$1.85M |
|
|
VCRA
508
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $33.5M | 0.04% |
807,224
-60,600
| -7% | -$2.08M |
|
|
EBSB
509
DELISTED
Meridian Bancorp, Inc.
EBSB
| $33.5M | 0.04% |
2,245,559
-100,900
| -4% | -$1.34M |
|
510
Grupo Aeroportuario del Sureste
ASR
$8.27B
| $33.4M | 0.04% |
202,683
-33,600
| -14% | -$4.71M |
|
511
Unitil
UTL
$970M
| $33.4M | 0.04% |
753,951
-99,200
| -12% | -$3.96M |
|
512
Interactive Brokers
IBKR
$39.2B
| $33.3M | 0.04% |
2,189,600
+473,600
| +28% | +$6.27M |
|
513
Pultegroup
PHM
$24.1B
| $33.3M | 0.04% |
772,838
-184,229
| -19% | -$8.16M |
|
514
Haverty Furniture Companies
HVT
$397M
| $33.3M | 0.04% |
1,204,006
-66,800
| -5% | -$1.76M |
|
515
Graham Holdings Company
GHC
$5.1B
| $33.2M | 0.04% |
62,298
-4,400
| -7% | -$1.95M |
|
|
LGTY
516
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $33.2M | 0.04% |
1,934,300
-187,000
| -9% | -$2.98M |
|
517
Sterling Infrastructure
STRL
$18.3B
| $33.1M | 0.04% |
1,778,053
-166,347
| -9% | -$2.71M |
|
518
Thermo Fisher Scientific
TMO
$213B
| $33M | 0.04% |
+70,844
| New | +$33.2M |
|
519
Methanex
MEOH
$4.3B
| $32.9M | 0.04% |
714,750
-129,600
| -15% | -$4.67M |
|
520
Hubbell
HUBB
$25B
| $32.8M | 0.04% |
208,995
-140,300
| -40% | -$21.5M |
|
521
EverQuote
EVER
$892M
| $32.7M | 0.04% |
875,108
-79,525
| -8% | -$3.01M |
|
522
Black Hills Corp
BKH
$5.42B
| $32.6M | 0.04% |
530,664
-387,959
| -42% | -$23.2M |
|
523
Revolve Group
RVLV
$1.8B
| $32.6M | 0.04% |
1,044,300
+314,500
| +43% | +$7.01M |
|
524
Groupon
GRPN
$1.05B
| $32.4M | 0.04% |
852,988
-92,365
| -10% | -$2.54M |
|
525
Walmart Inc
WMT
$885B
| $32.3M | 0.04% |
672,600
-6,331,878
| -90% | -$307M |
|
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.