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 | |
|---|---|---|---|---|---|---|
1076
Saia
SAIA
$9.61B
| $7.36M | 0.01% |
22,538
-5,560
| -20% | -$1.68M |
|
1077
WesBanco
WSBC
$4.01B
| $7.33M | 0.01% |
220,481
-202,666
| -48% | -$6.55M |
|
1078
Power Integrations
POWI
$3.37B
| $7.32M | 0.01% |
206,100
-14,300
| -6% | -$542K |
|
1079
Ally Financial
ALLY
$13.4B
| $7.31M | 0.01% |
161,500
-469,200
| -74% | -$19.3M |
|
1080
Savers
SVV
$1.64B
| $7.31M | 0.01% |
782,701
+226,079
| +41% | +$2.32M |
|
1081
Nektar Therapeutics
NKTR
$2.38B
| $7.31M | 0.01% |
172,881
-105,660
| -38% | -$5.91M |
|
|
GRAL
1082
GRAIL Inc
GRAL
$3.02B
| $7.3M | 0.01% |
85,300
-17,800
| -17% | -$1.54M |
|
1083
Target Hospitality
TH
$1.57B
| $7.29M | 0.01% |
910,424
-70,700
| -7% | -$537K |
|
1084
Ternium
TX
$9.76B
| $7.25M | 0.01% |
189,800
-29,900
| -14% | -$1.1M |
|
1085
ZipRecruiter
ZIP
$342M
| $7.25M | 0.01% |
1,858,000
+47,600
| +3% | +$214K |
|
1086
Encompass Health
EHC
$11.2B
| $7.24M | 0.01% |
68,200
-2,800
| -4% | -$325K |
|
1087
Employers Holdings
EIG
$910M
| $7.21M | 0.01% |
167,000
-141,100
| -46% | -$5.75M |
|
1088
Genie Energy
GNE
$373M
| $7.21M | 0.01% |
522,885
-40,800
| -7% | -$600K |
|
1089
Pacific Biosciences
PACB
$441M
| $7.2M | 0.01% |
+3,850,600
| New | +$7.4M |
|
1090
STRATTEC Security
STRT
$363M
| $7.2M | 0.01% |
94,506
-4,400
| -4% | -$315K |
|
|
PSKY
1091
Paramount Skydance Corp
PSKY
$9.2B
| $7.18M | 0.01% |
+535,800
| New | +$8.37M |
|
1092
International Seaways
INSW
$4.71B
| $7.16M | 0.01% |
147,513
-149,387
| -50% | -$7.39M |
|
1093
Northeast Bank
NBN
$1.13B
| $7.14M | 0.01% |
68,745
-40,900
| -37% | -$3.82M |
|
1094
Liquidia Corp
LQDA
$7.46B
| $7.13M | 0.01% |
206,853
-277,900
| -57% | -$7.91M |
|
1095
Emergent Biosolutions
EBS
$382M
| $7.13M | 0.01% |
577,147
+58,900
| +11% | +$631K |
|
|
ALX
1096
Alexander's
ALX
$1.34B
| $7.13M | 0.01% |
32,726
-15,600
| -32% | -$3.48M |
|
1097
Andersons Inc
ANDE
$2.38B
| $7.12M | 0.01% |
133,900
-149,476
| -53% | -$7.31M |
|
|
BFS
1098
Saul Centers
BFS
$842M
| $7.11M | 0.01% |
225,641
-56,013
| -20% | -$1.72M |
|
1099
Hope Bancorp
HOPE
$1.81B
| $7.11M | 0.01% |
648,798
-23,230
| -3% | -$250K |
|
1100
Talos Energy
TALO
$2.48B
| $7.1M | 0.01% |
644,600
+344,900
| +115% | +$3.61M |
|
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.