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 | |
|---|---|---|---|---|---|---|
|
CHMI
1226
Cherry Hill Mortgage Investment Corp
CHMI
$84.5M
| $9.13M | 0.01% |
998,993
-159,609
| -14% | -$1.49M |
|
|
GRUB
1227
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $9.12M | 0.01% |
61,401
+52,251
| +571% | +$7.72M |
|
1228
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $9.11M | 0.01% |
109,900
+55,200
| +101% | +$4.57M |
|
|
OTIC
1229
DELISTED
Otonomy, Inc.
OTIC
| $9.07M | 0.01% |
1,402,565
-254,300
| -15% | -$1.16M |
|
|
NNDM
1230
Nano Dimension
NNDM
$333M
| $9.05M | 0.01% |
+994,725
| New | +$5.05M |
|
1231
Carvana
CVNA
$74.8B
| $9.05M | 0.01% |
+188,820
| New | +$8.63M |
|
1232
CF Industries
CF
$18.1B
| $9.03M | 0.01% |
233,150
-427,600
| -65% | -$14.1M |
|
1233
Landstar System
LSTR
$6.16B
| $9.02M | 0.01% |
66,961
-128,379
| -66% | -$16.8M |
|
|
SP
1234
DELISTED
SP Plus Corporation
SP
| $9.01M | 0.01% |
312,400
-135,600
| -30% | -$3.33M |
|
1235
Core Molding Technologies
CMT
$210M
| $8.97M | 0.01% |
636,854
+71,950
| +13% | +$769K |
|
|
ENZ
1236
DELISTED
Enzo Biochem, Inc.
ENZ
| $8.96M | 0.01% |
3,556,223
-30,500
| -0.9% | -$66.4K |
|
|
FBM
1237
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $8.96M | 0.01% |
466,500
-444,600
| -49% | -$7.83M |
|
1238
Rafael Holdings
RFL
$97.2M
| $8.94M | 0.01% |
388,654
-15,172
| -4% | -$299K |
|
|
OXFD
1239
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $8.94M | 0.01% |
511,700
-144,300
| -22% | -$2.02M |
|
|
VRTU
1240
DELISTED
Virtusa Corporation
VRTU
| $8.93M | 0.01% |
174,700
+128,500
| +278% | +$6.45M |
|
1241
Airgain
AIRG
$72.9M
| $8.91M | 0.01% |
501,036
+20,100
| +4% | +$280K |
|
1242
Lam Research
LRCX
$398B
| $8.9M | 0.01% |
188,560
-2,371,000
| -93% | -$99.8M |
|
|
ECHO
1243
DELISTED
Echo Global Logistics, Inc.
ECHO
| $8.9M | 0.01% |
332,000
+38,100
| +13% | +$1.07M |
|
1244
HUTCHMED
HCM
$2.01B
| $8.89M | 0.01% |
277,552
-58,048
| -17% | -$1.78M |
|
|
MIXT
1245
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $8.84M | 0.01% |
702,400
-13,300
| -2% | -$131K |
|
|
ACBI
1246
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $8.83M | 0.01% |
554,628
-58,996
| -10% | -$860K |
|
|
PMT
1247
PennyMac Mortgage Investment
PMT
$831M
| $8.82M | 0.01% |
501,600
+331,700
| +195% | +$5.62M |
|
1248
Cracker Barrel
CBRL
$1.28B
| $8.8M | 0.01% |
66,731
-135,101
| -67% | -$17.4M |
|
|
CNSL
1249
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $8.8M | 0.01% |
1,799,603
+10,959
| +0.6% | +$57.5K |
|
1250
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $8.74M | 0.01% |
218,125
+103,625
| +91% | +$4.07M |
|
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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.