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
|
+$798M |
| 2 |
Netflix
NFLX
|
+$608M |
| 3 |
UnitedHealth
UNH
|
+$517M |
| 4 |
Apple
AAPL
|
+$461M |
| 5 |
GE Vernova
GEV
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$527M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Meta Platforms (Facebook)
META
|
+$362M |
| 4 |
Advanced Micro Devices
AMD
|
+$328M |
| 5 |
Palantir
PLTR
|
+$327M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.57% |
| 2 | Healthcare | 15.8% |
| 3 | Consumer Discretionary | 12.38% |
| 4 | Financials | 11.53% |
| 5 | Industrials | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Starwood Property Trust
STWD
$5.92B
| $8.68M | 0.01% |
432,584
-348,500
| -45% | -$6.77M |
|
1152
Pembina Pipeline
PBA
$28.4B
| $8.67M | 0.01% |
231,264
-114,800
| -33% | -$4.33M |
|
1153
Norwegian Cruise Line
NCLH
$8.51B
| $8.67M | 0.01% |
427,726
-3,349,805
| -89% | -$59.9M |
|
1154
Artesian Resources
ARTNA
$355M
| $8.67M | 0.01% |
258,256
-10,900
| -4% | -$369K |
|
1155
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $8.64M | 0.01% |
+144,500
| New | +$8.55M |
|
1156
iShares MSCI Hong Kong ETF
EWH
$1.24B
| $8.64M | 0.01% |
434,900
+188,100
| +76% | +$3.44M |
|
1157
Liberty Live Group Series C
LLYVK
$9.07B
| $8.61M | 0.01% |
106,100
-79,000
| -43% | -$5.83M |
|
|
EFOR
1158
Everforth Inc
EFOR
$1.17B
| $8.6M | 0.01% |
172,194
+51,100
| +42% | +$2.79M |
|
1159
Garrett Motion
GTX
$5.81B
| $8.6M | 0.01% |
817,986
+628,900
| +333% | +$6.33M |
|
1160
Essent Group
ESNT
$6.08B
| $8.59M | 0.01% |
141,500
+114,700
| +428% | +$6.61M |
|
1161
ICF International
ICFI
$1.46B
| $8.59M | 0.01% |
+101,400
| New | +$8.59M |
|
1162
Worthington Enterprises
WOR
$2.77B
| $8.57M | 0.01% |
134,700
+88,700
| +193% | +$4.92M |
|
1163
Community Trust Bancorp
CTBI
$1.42B
| $8.57M | 0.01% |
161,882
-9,000
| -5% | -$453K |
|
1164
Regal Rexnord
RRX
$13.7B
| $8.55M | 0.01% |
59,013
+35,798
| +154% | +$4.49M |
|
1165
LivaNova
LIVN
$4.4B
| $8.54M | 0.01% |
189,694
+138,000
| +267% | +$5.69M |
|
1166
Cullen/Frost Bankers
CFR
$10.4B
| $8.54M | 0.01% |
66,400
+64,200
| +2,918% | +$7.85M |
|
1167
Cadre Holdings
CDRE
$1.32B
| $8.53M | 0.01% |
267,800
-102,600
| -28% | -$3.32M |
|
1168
NerdWallet
NRDS
$592M
| $8.53M | 0.01% |
777,200
+224,300
| +41% | +$2.25M |
|
1169
Mohawk Industries
MHK
$7.5B
| $8.52M | 0.01% |
81,300
+7,100
| +10% | +$740K |
|
1170
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.22B
| $8.51M | 0.01% |
380,300
+264,400
| +228% | +$5.95M |
|
1171
Global Net Lease
GNL
$1.84B
| $8.5M | 0.01% |
1,125,433
+382,200
| +51% | +$2.9M |
|
1172
ZipRecruiter
ZIP
$321M
| $8.49M | 0.01% |
1,694,600
+162,300
| +11% | +$887K |
|
1173
Expeditors International
EXPD
$22B
| $8.48M | 0.01% |
74,216
+65,600
| +761% | +$7.35M |
|
1174
MediaAlpha
MAX
$758M
| $8.46M | 0.01% |
772,300
+206,800
| +37% | +$2M |
|
1175
Manulife Financial
MFC
$73.9B
| $8.45M | 0.01% |
264,524
-81,900
| -24% | -$2.52M |
|
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Renaissance Technologies's Q2 2025 Portfolio in Review
As of Q2 2025, Renaissance Technologies held 4,018 positions worth $75.2B, up 14% from $66.1B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies's Q2 2025 filing shows 612 new, 1,577 increased, 1,314 reduced and 496 closed positions. Its largest new stake was UnitedHealth: 1,352,129 shares worth $422M. The largest sale was Broadcom, an estimated $527M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q2 2025 buy was UnitedHealth: 1,352,129 shares worth $422M.
- Renaissance Technologies added most to NVIDIA in Q2 2025, an estimated $798M increase.
- Renaissance Technologies's biggest Q2 2025 reduction was Broadcom, cutting an estimated $527M.
- Renaissance Technologies fully exited Advanced Micro Devices in Q2 2025, selling an estimated $328M.
- Renaissance Technologies's ten largest holdings make up 12% of its $75.2B portfolio in Q2 2025.
- Renaissance Technologies opened 612 new positions and closed 496 in Q2 2025.
- Renaissance Technologies's portfolio value rose 14% quarter-over-quarter to $75.2B.
Based on Renaissance Technologies's 13F filing for Q2 2025, filed 13 Aug 2025.