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 |
Alphabet (Google) Class A
GOOGL
|
+$546M |
| 2 |
Microsoft
MSFT
|
+$480M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$362M |
| 4 |
Meta Platforms (Facebook)
META
|
+$350M |
| 5 |
Coca-Cola
KO
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Robinhood
HOOD
|
+$1.04B |
| 2 |
Palantir
PLTR
|
+$800M |
| 3 |
Apple
AAPL
|
+$516M |
| 4 |
Netflix
NFLX
|
+$326M |
| 5 |
NVIDIA
NVDA
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.71% |
| 2 | Healthcare | 15.16% |
| 3 | Consumer Discretionary | 11.81% |
| 4 | Communication Services | 10.53% |
| 5 | Financials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
Skyward Specialty Insurance
SKWD
$2.49B
| $5.81M | 0.01% |
122,200
+46,900
| +62% | +$2.35M |
|
|
NXRT
1402
NexPoint Residential Trust
NXRT
$620M
| $5.77M | 0.01% |
179,213
+14,000
| +8% | +$461K |
|
1403
United Parks & Resorts
PRKS
$2.17B
| $5.77M | 0.01% |
+111,600
| New | +$5.63M |
|
1404
Crawford & Co Class A
CRD.A
$604M
| $5.77M | 0.01% |
539,224
-6,600
| -1% | -$69.5K |
|
1405
Perrigo
PRGO
$1.47B
| $5.77M | 0.01% |
258,996
-156,200
| -38% | -$3.82M |
|
|
TGNA
1406
DELISTED
TEGNA Inc
TGNA
| $5.77M | 0.01% |
283,600
+58,900
| +26% | +$1.12M |
|
1407
VanEck Intermediate Muni ETF
ITM
$2.14B
| $5.76M | 0.01% |
123,534
-7,166
| -5% | -$328K |
|
1408
Delek US
DK
$4.06B
| $5.75M | 0.01% |
178,069
+144,869
| +436% | +$3.78M |
|
1409
Enanta Pharmaceuticals
ENTA
$384M
| $5.74M | 0.01% |
479,600
+10,100
| +2% | +$80.7K |
|
1410
Powell Industries
POWL
$7.7B
| $5.71M | 0.01% |
56,202
-24,300
| -30% | -$2.06M |
|
1411
Arvinas
ARVN
$572M
| $5.71M | 0.01% |
669,655
-544,700
| -45% | -$4.13M |
|
1412
DigitalOcean
DOCN
$15.3B
| $5.7M | 0.01% |
167,000
-177,900
| -52% | -$5.64M |
|
1413
Harrow
HROW
$1.47B
| $5.69M | 0.01% |
118,117
-24,400
| -17% | -$919K |
|
1414
Surgery Partners
SGRY
$2.03B
| $5.67M | 0.01% |
+262,000
| New | +$5.84M |
|
1415
Valaris
VAL
$5.44B
| $5.67M | 0.01% |
116,200
-221,800
| -66% | -$10.8M |
|
|
HTO
1416
H2O America
HTO
$2.58B
| $5.66M | 0.01% |
116,300
+84,600
| +267% | +$4.22M |
|
|
PVLA
1417
Palvella Therapeutics
PVLA
$2.14B
| $5.62M | 0.01% |
89,697
+22,839
| +34% | +$1.02M |
|
|
AKRO
1418
DELISTED
Akero Therapeutics
AKRO
| $5.61M | 0.01% |
118,100
+90,100
| +322% | +$4.36M |
|
1419
Apogee Enterprises
APOG
$889M
| $5.6M | 0.01% |
128,583
-37,100
| -22% | -$1.59M |
|
1420
Stratasys
SSYS
$772M
| $5.6M | 0.01% |
500,032
-23,000
| -4% | -$248K |
|
|
TIXT
1421
DELISTED
TELUS International
TIXT
| $5.59M | 0.01% |
1,248,700
+666,900
| +115% | +$2.7M |
|
1422
American Express Global Business Travel
GBTG
$4.93B
| $5.59M | 0.01% |
691,620
+26,400
| +4% | +$196K |
|
1423
Sierra Bancorp
BSRR
$529M
| $5.59M | 0.01% |
193,212
-2,900
| -1% | -$87.5K |
|
1424
State Street Materials Select Sector SPDR ETF
XLB
$8.49B
| $5.58M | 0.01% |
+124,600
| New | +$5.63M |
|
1425
Cannae Holdings
CNNE
$655M
| $5.58M | 0.01% |
304,500
+119,909
| +65% | +$2.37M |
|
Similar funds
Renaissance Technologies's Q3 2025 Portfolio in Review
As of Q3 2025, Renaissance Technologies held 4,038 positions worth $75.8B, up 0.77% from $75.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $5.41B in Q3 2025, closing 581 positions and reducing 1,457 holdings. Its most notable exit was GE Aerospace, an estimated $235M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class C worth $419M.
- Renaissance Technologies's largest Q3 2025 buy was Alphabet (Google) Class C: 1,720,002 shares worth $419M.
- Renaissance Technologies added most to Alphabet (Google) Class A in Q3 2025, an estimated $546M increase.
- Renaissance Technologies's biggest Q3 2025 reduction was Robinhood, cutting an estimated $1.04B.
- Renaissance Technologies fully exited GE Aerospace in Q3 2025, selling an estimated $235M.
- Renaissance Technologies's ten largest holdings make up 11% of its $75.8B portfolio in Q3 2025.
- Renaissance Technologies opened 516 new positions and closed 581 in Q3 2025.
- Renaissance Technologies's portfolio value rose 0.77% quarter-over-quarter to $75.8B.
Based on Renaissance Technologies's 13F filing for Q3 2025, filed 13 Nov 2025.