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 | |
|---|---|---|---|---|---|---|
|
RDUS
1326
DELISTED
Radius Health, Inc.
RDUS
| $7.78M | 0.01% |
435,457
-213,602
| -33% | -$3.21M |
|
|
FFIC
1327
DELISTED
Flushing Financial
FFIC
| $7.76M | 0.01% |
466,241
-131,619
| -22% | -$1.82M |
|
1328
Caesarstone
CSTE
$79.9M
| $7.75M | 0.01% |
601,578
+2,966
| +0.5% | +$33.9K |
|
1329
Waste Management
WM
$90B
| $7.75M | 0.01% |
65,700
-87,200
| -57% | -$10.2M |
|
1330
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $7.74M | 0.01% |
276,200
+171,600
| +164% | +$4.8M |
|
1331
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
| $7.71M | 0.01% |
84,300
+42,420
| +101% | +$3.88M |
|
|
SC
1332
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $7.71M | 0.01% |
350,200
+293,000
| +512% | +$6.33M |
|
|
CUK
1333
DELISTED
Carnival PLC
CUK
| $7.64M | 0.01% |
407,500
-315,900
| -44% | -$4.9M |
|
1334
Ingersoll Rand
IR
$34.7B
| $7.63M | 0.01% |
+167,525
| New | +$6.93M |
|
1335
MGE Energy Inc
MGEE
$3.02B
| $7.62M | 0.01% |
108,850
-119,844
| -52% | -$8.27M |
|
|
PCSB
1336
DELISTED
PCSB Financial Corporation
PCSB
| $7.61M | 0.01% |
477,682
-82,300
| -15% | -$1.22M |
|
|
PGRE
1337
DELISTED
Paramount Group
PGRE
| $7.58M | 0.01% |
838,200
-426,099
| -34% | -$3.43M |
|
1338
Entravision Communication
EVC
$1.07B
| $7.58M | 0.01% |
2,754,395
+244,052
| +10% | +$590K |
|
1339
Arlo Technologies
ARLO
$1.73B
| $7.57M | 0.01% |
971,729
+77,899
| +9% | +$474K |
|
1340
Flex
FLEX
$46.8B
| $7.55M | 0.01% |
557,499
-20,747
| -4% | -$240K |
|
|
LHCG
1341
DELISTED
LHC Group LLC
LHCG
| $7.54M | 0.01% |
+35,369
| New | +$7.53M |
|
1342
Acadia Healthcare
ACHC
$2.95B
| $7.53M | 0.01% |
149,900
+142,600
| +1,953% | +$5.68M |
|
|
BELFB
1343
Bel Fuse Inc Class B
BELFB
$4.28B
| $7.53M | 0.01% |
501,251
+428
| +0.1% | +$5.76K |
|
1344
DigitalBridge
DBRG
$2.93B
| $7.53M | 0.01% |
391,132
+96,590
| +33% | +$1.55M |
|
|
TNAV
1345
DELISTED
Telenav Inc.
TNAV
| $7.48M | 0.01% |
1,592,126
-651,865
| -29% | -$2.94M |
|
1346
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.6B
| $7.46M | 0.01% |
237,486
+143,686
| +153% | +$4.51M |
|
1347
SI-BONE Inc
SIBN
$818M
| $7.45M | 0.01% |
249,301
+32,501
| +15% | +$791K |
|
|
MN
1348
DELISTED
MANNING & NAPIER, INC.
MN
| $7.45M | 0.01% |
1,188,568
+39,900
| +3% | +$190K |
|
1349
Lazard
LAZ
$4.26B
| $7.44M | 0.01% |
+175,900
| New | +$6.65M |
|
|
LKFT
1350
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.73B
| $7.42M | 0.01% |
74,910
-105,090
| -58% | -$12.9M |
|
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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.