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 | |
|---|---|---|---|---|---|---|
1026
Fidelity National Financial
FNF
$13.9B
| $8.12M | 0.01% |
+148,809
| New | +$8.47M |
|
1027
Skyward Specialty Insurance
SKWD
$2.47B
| $8.12M | 0.01% |
158,900
+36,700
| +30% | +$1.76M |
|
|
ESPR
1028
DELISTED
Esperion Therapeutics
ESPR
| $8.12M | 0.01% |
2,194,600
+1,420,700
| +184% | +$4.59M |
|
1029
Landstar System
LSTR
$5.98B
| $8.1M | 0.01% |
56,340
-35,100
| -38% | -$4.68M |
|
|
OPLN
1030
Openlane
OPLN
$4.33B
| $8.09M | 0.01% |
271,600
-35,400
| -12% | -$957K |
|
1031
Owens Corning
OC
$11.5B
| $8.07M | 0.01% |
72,100
-103,100
| -59% | -$12.1M |
|
|
SII
1032
Sprott
SII
$2.67B
| $8.04M | 0.01% |
82,100
-75,688
| -48% | -$6.71M |
|
1033
Park Hotels & Resorts
PK
$3.03B
| $8.02M | 0.01% |
766,852
+332,100
| +76% | +$3.56M |
|
1034
UGI
UGI
$7.76B
| $8.02M | 0.01% |
214,220
-172,363
| -45% | -$6.1M |
|
1035
Structure Therapeutics
GPCR
$3.43B
| $8.01M | 0.01% |
115,200
-38,700
| -25% | -$1.58M |
|
1036
Unifirst Corp
UNF
$5.29B
| $8.01M | 0.01% |
41,500
-2,000
| -5% | -$338K |
|
1037
Vanguard Real Estate ETF
VNQ
$39.3B
| $7.98M | 0.01% |
90,200
+45,200
| +100% | +$4.06M |
|
1038
Arcutis Biotherapeutics
ARQT
$3.24B
| $7.96M | 0.01% |
+273,999
| New | +$7.01M |
|
1039
CMS Energy
CMS
$22.4B
| $7.94M | 0.01% |
113,500
-365,300
| -76% | -$26.6M |
|
1040
Gentherm
THRM
$1.27B
| $7.93M | 0.01% |
218,064
-500
| -0.2% | -$18K |
|
1041
Arrow Financial
AROW
$670M
| $7.92M | 0.01% |
252,205
+2,917
| +1% | +$86.3K |
|
1042
TAT Technologies
TATT
$507M
| $7.9M | 0.01% |
177,002
-21,800
| -11% | -$892K |
|
|
CGAU
1043
Centerra Gold
CGAU
$3.41B
| $7.88M | 0.01% |
548,700
-238,300
| -30% | -$2.98M |
|
1044
NACCO Industries
NC
$358M
| $7.88M | 0.01% |
160,718
-8,800
| -5% | -$405K |
|
1045
Orrstown Financial Services
ORRF
$859M
| $7.87M | 0.01% |
222,146
-20,300
| -8% | -$709K |
|
1046
Talkspace
TALK
$873M
| $7.87M | 0.01% |
2,167,400
-459,500
| -17% | -$1.46M |
|
1047
ATN International
ATNI
$375M
| $7.84M | 0.01% |
344,059
-1,973
| -0.6% | -$36.5K |
|
1048
Timberland Bancorp
TSBK
$355M
| $7.81M | 0.01% |
218,089
-4,900
| -2% | -$166K |
|
|
MASI
1049
DELISTED
Masimo
MASI
| $7.79M | 0.01% |
+59,900
| New | +$8.58M |
|
1050
Real Brokerage
REAX
$357M
| $7.77M | 0.01% |
2,128,900
+143,100
| +7% | +$553K |
|
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.