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 | |
|---|---|---|---|---|---|---|
1176
ZTO Express
ZTO
$18.2B
| $9.98M | 0.01% |
342,414
-1,405,086
| -80% | -$41.3M |
|
|
MRSH
1177
Marsh
MRSH
$91.4B
| $9.98M | 0.01% |
85,300
+3,800
| +5% | +$432K |
|
1178
Washington Trust Bancorp
WASH
$761M
| $9.96M | 0.01% |
222,300
-62,200
| -22% | -$2.4M |
|
1179
United Parks & Resorts
PRKS
$2.18B
| $9.96M | 0.01% |
315,125
-444,500
| -59% | -$11.6M |
|
|
BRG
1180
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $9.93M | 0.01% |
783,575
-143,510
| -15% | -$1.38M |
|
|
DRRX
1181
DELISTED
DURECT Corp
DRRX
| $9.89M | 0.01% |
477,693
-52,840
| -10% | -$1.01M |
|
|
MFA
1182
MFA Financial
MFA
$924M
| $9.89M | 0.01% |
+635,325
| New | +$8.57M |
|
|
BFS
1183
Saul Centers
BFS
$838M
| $9.86M | 0.01% |
311,274
-123,400
| -28% | -$3.65M |
|
|
MGIC
1184
DELISTED
Magic Software Enterprises
MGIC
| $9.85M | 0.01% |
629,465
-5,200
| -0.8% | -$74.8K |
|
1185
Flexsteel Industries
FLXS
$316M
| $9.84M | 0.01% |
281,493
-12,200
| -4% | -$363K |
|
1186
Reinsurance Group of America
RGA
$15.5B
| $9.82M | 0.01% |
84,700
-100,800
| -54% | -$11.3M |
|
|
UNIT
1187
Uniti Group
UNIT
$2.44B
| $9.77M | 0.01% |
832,686
+139,900
| +20% | +$1.46M |
|
1188
Embotelladora Andina Series B
AKO.B
$4.9B
| $9.76M | 0.01% |
652,906
+5,396
| +0.8% | +$72.8K |
|
1189
Acadia Pharmaceuticals
ACAD
$4.65B
| $9.75M | 0.01% |
182,400
-87,100
| -32% | -$4.32M |
|
1190
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $9.74M | 0.01% |
+176,500
| New | +$9.64M |
|
1191
MKS Inc
MKSI
$21.7B
| $9.7M | 0.01% |
64,452
-117,200
| -65% | -$15.3M |
|
|
CCRD
1192
DELISTED
CoreCard
CCRD
| $9.69M | 0.01% |
241,497
+4,800
| +2% | +$189K |
|
|
HMTV
1193
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $9.67M | 0.01% |
933,300
+21,900
| +2% | +$220K |
|
|
TMX
1194
DELISTED
Terminix Global Holdings, Inc.
TMX
| $9.67M | 0.01% |
189,500
-207,800
| -52% | -$10M |
|
1195
Grupo Aval
AVAL
$6.19B
| $9.64M | 0.01% |
1,401,317
-131,055
| -9% | -$716K |
|
1196
Mitek Systems
MITK
$800M
| $9.64M | 0.01% |
542,005
-61,476
| -10% | -$850K |
|
|
LFC
1197
DELISTED
China Life Insurance Company Ltd.
LFC
| $9.63M | 0.01% |
871,006
-38,029
| -4% | -$435K |
|
1198
MACOM Technology Solutions
MTSI
$20.9B
| $9.6M | 0.01% |
174,415
-220,800
| -56% | -$9.42M |
|
1199
Jefferies Financial Group
JEF
$12.8B
| $9.58M | 0.01% |
+407,510
| New | +$8.55M |
|
1200
Nomura Holdings
NMR
$28.5B
| $9.57M | 0.01% |
1,795,739
-120,351
| -6% | -$595K |
|
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.