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 | |
|---|---|---|---|---|---|---|
1301
Deutsche Bank
DB
$70.4B
| $8.12M | 0.01% |
+744,720
| New | +$7.67M |
|
1302
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $8.12M | 0.01% |
87,400
-11,628
| -12% | -$1.08M |
|
|
SPPI
1303
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $8.11M | 0.01% |
2,377,802
-994,813
| -29% | -$4.09M |
|
1304
Sierra Bancorp
BSRR
$525M
| $8.09M | 0.01% |
338,231
-12,400
| -4% | -$266K |
|
1305
Kamada
KMDA
$423M
| $8.09M | 0.01% |
1,248,145
+83,800
| +7% | +$596K |
|
1306
Sprout Social
SPT
$526M
| $8.08M | 0.01% |
178,000
+147,600
| +486% | +$7.03M |
|
|
GDEN
1307
DELISTED
Golden Entertainment
GDEN
| $8.07M | 0.01% |
405,646
-45,550
| -10% | -$732K |
|
|
GRFS
1308
Grifois
GRFS
$5.49B
| $8.06M | 0.01% |
437,187
+48,064
| +12% | +$891K |
|
|
TPH
1309
DELISTED
Tri Pointe Homes
TPH
| $8.05M | 0.01% |
466,635
-38,001
| -8% | -$672K |
|
1310
uniQure
QURE
$3.03B
| $8.02M | 0.01% |
+221,940
| New | +$9.36M |
|
|
ZVO
1311
DELISTED
Zovio Inc. Common Stock
ZVO
| $8.02M | 0.01% |
1,691,464
-307,600
| -15% | -$1.26M |
|
|
GHG
1312
GreenTree Hospitality
GHG
$116M
| $8M | 0.01% |
597,316
-46,777
| -7% | -$616K |
|
1313
Stratasys
SSYS
$764M
| $8M | 0.01% |
385,932
+339,150
| +725% | +$5.44M |
|
1314
Titan Machinery
TITN
$454M
| $7.97M | 0.01% |
407,600
-68,400
| -14% | -$1.17M |
|
1315
Information Services Group
III
$210M
| $7.95M | 0.01% |
2,424,249
+231,895
| +11% | +$606K |
|
|
HLG
1316
DELISTED
Hailiang Education Group Inc. American Depositary Shares
HLG
| $7.92M | 0.01% |
120,322
-4,300
| -3% | -$271K |
|
1317
Universal Electronics
UEIC
$60.6M
| $7.92M | 0.01% |
151,000
-36,900
| -20% | -$1.7M |
|
|
LEAF
1318
DELISTED
Leaf Group Ltd.
LEAF
| $7.9M | 0.01% |
1,698,895
+137,128
| +9% | +$756K |
|
|
FFNW
1319
DELISTED
First Financial Northwest, Inc
FFNW
| $7.89M | 0.01% |
692,155
+8,814
| +1% | +$92.8K |
|
1320
Schneider National
SNDR
$6.37B
| $7.89M | 0.01% |
381,118
-273,782
| -42% | -$6.12M |
|
1321
Arvinas
ARVN
$581M
| $7.87M | 0.01% |
+92,600
| New | +$3.19M |
|
1322
Infosys
INFY
$51B
| $7.86M | 0.01% |
463,600
-763,900
| -62% | -$11.7M |
|
1323
CTS Corp
CTS
$1.92B
| $7.85M | 0.01% |
228,700
-93,100
| -29% | -$2.75M |
|
1324
Consolidated Water Co
CWCO
$477M
| $7.85M | 0.01% |
651,413
-83,000
| -11% | -$923K |
|
1325
Donegal Group Class A
DGICA
$721M
| $7.85M | 0.01% |
557,611
-34,200
| -6% | -$492K |
|
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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.