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
|
+$798M |
| 2 |
Netflix
NFLX
|
+$608M |
| 3 |
UnitedHealth
UNH
|
+$517M |
| 4 |
Apple
AAPL
|
+$461M |
| 5 |
GE Vernova
GEV
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$527M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Meta Platforms (Facebook)
META
|
+$362M |
| 4 |
Advanced Micro Devices
AMD
|
+$328M |
| 5 |
Palantir
PLTR
|
+$327M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.57% |
| 2 | Healthcare | 15.8% |
| 3 | Consumer Discretionary | 12.38% |
| 4 | Financials | 11.53% |
| 5 | Industrials | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Petrobras
PBR
$116B
| $125M | 0.17% |
10,002,800
+3,525,900
| +54% | +$42.2M |
|
127
Mercado Libre
MELI
$94.4B
| $125M | 0.17% |
47,711
+47,456
| +18,610% | +$111M |
|
128
Trane Technologies
TT
$104B
| $124M | 0.17% |
283,868
-32,900
| -10% | -$13M |
|
129
Motorola Solutions
MSI
$73.1B
| $124M | 0.16% |
294,715
+114,300
| +63% | +$47.8M |
|
130
Verisk Analytics
VRSK
$27.8B
| $122M | 0.16% |
390,200
-21,600
| -5% | -$6.55M |
|
131
Alibaba
BABA
$276B
| $121M | 0.16% |
1,071,231
-358,105
| -25% | -$42.4M |
|
|
SCHW
132
Charles Schwab
SCHW
$184B
| $120M | 0.16% |
1,317,641
+597,000
| +83% | +$50M |
|
133
Dave Inc
DAVE
$5.17B
| $119M | 0.16% |
443,700
+140,800
| +46% | +$22.2M |
|
134
Insulet
PODD
$11.6B
| $118M | 0.16% |
374,256
+215,063
| +135% | +$62.1M |
|
135
Vistra
VST
$50.1B
| $117M | 0.16% |
604,411
-294,540
| -33% | -$43.6M |
|
136
Boeing
BA
$175B
| $116M | 0.15% |
+555,400
| New | +$105M |
|
137
Visa
V
$697B
| $116M | 0.15% |
325,422
-220,670
| -40% | -$76.9M |
|
138
Humana
HUM
$46.7B
| $112M | 0.15% |
458,200
+305,300
| +200% | +$76.1M |
|
139
Arthur J. Gallagher & Co
AJG
$68.2B
| $112M | 0.15% |
349,600
+30,600
| +10% | +$10.1M |
|
140
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $112M | 0.15% |
485,900
-10,300
| -2% | -$2.2M |
|
141
Frontdoor
FTDR
$5.22B
| $111M | 0.15% |
1,879,487
-7,200
| -0.4% | -$361K |
|
142
Cardinal Health
CAH
$54.5B
| $111M | 0.15% |
658,408
+34,800
| +6% | +$5.16M |
|
143
Copa Holdings
CPA
$5.71B
| $110M | 0.15% |
997,828
+119,300
| +14% | +$11.8M |
|
144
Interactive Brokers
IBKR
$40.5B
| $110M | 0.15% |
1,978,940
-858,300
| -30% | -$40.7M |
|
145
Rubrik
RBRK
$14.7B
| $109M | 0.15% |
1,218,000
-163,400
| -12% | -$12.9M |
|
146
ZIM Integrated Shipping Services
ZIM
$2.9B
| $109M | 0.15% |
6,780,931
+2,807,249
| +71% | +$44.2M |
|
147
Toast
TOST
$18.8B
| $108M | 0.14% |
2,443,812
+906,206
| +59% | +$35.6M |
|
148
Tenaris
TS
$28.1B
| $108M | 0.14% |
2,891,544
+188,700
| +7% | +$6.47M |
|
149
Mastercard
MA
$497B
| $106M | 0.14% |
188,465
+32,701
| +21% | +$18.1M |
|
150
Ambev
ABEV
$48.4B
| $105M | 0.14% |
43,549,800
+4,824,400
| +12% | +$11.7M |
|
Similar funds
Renaissance Technologies's Q2 2025 Portfolio in Review
As of Q2 2025, Renaissance Technologies held 4,018 positions worth $75.2B, up 14% from $66.1B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies's Q2 2025 filing shows 612 new, 1,577 increased, 1,314 reduced and 496 closed positions. Its largest new stake was UnitedHealth: 1,352,129 shares worth $422M. The largest sale was Broadcom, an estimated $527M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q2 2025 buy was UnitedHealth: 1,352,129 shares worth $422M.
- Renaissance Technologies added most to NVIDIA in Q2 2025, an estimated $798M increase.
- Renaissance Technologies's biggest Q2 2025 reduction was Broadcom, cutting an estimated $527M.
- Renaissance Technologies fully exited Advanced Micro Devices in Q2 2025, selling an estimated $328M.
- Renaissance Technologies's ten largest holdings make up 12% of its $75.2B portfolio in Q2 2025.
- Renaissance Technologies opened 612 new positions and closed 496 in Q2 2025.
- Renaissance Technologies's portfolio value rose 14% quarter-over-quarter to $75.2B.
Based on Renaissance Technologies's 13F filing for Q2 2025, filed 13 Aug 2025.