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 | |
|---|---|---|---|---|---|---|
|
FNHC
1576
DELISTED
FedNat Holding Company Common Stock
FNHC
| $5.05M | 0.01% |
852,388
+46,288
| +6% | +$264K |
|
1577
American Eagle Outfitters
AEO
$2.99B
| $5.04M | 0.01% |
251,163
-645,900
| -72% | -$10.9M |
|
1578
Vera Bradley
VRA
$99.2M
| $5.04M | 0.01% |
633,300
-248,900
| -28% | -$1.88M |
|
1579
Lincoln National
LNC
$8.98B
| $5.04M | 0.01% |
100,157
-127,317
| -56% | -$5.41M |
|
1580
Arcos Dorados Holdings
ARCO
$1.78B
| $5.04M | 0.01% |
+1,015,262
| New | +$4.64M |
|
1581
Axcelis
ACLS
$4.2B
| $5.03M | 0.01% |
172,699
-29,300
| -15% | -$758K |
|
|
WSR
1582
DELISTED
Whitestone REIT
WSR
| $5.01M | 0.01% |
628,684
-193,241
| -24% | -$1.39M |
|
|
AEL
1583
DELISTED
American Equity Investment Life Holding Company
AEL
| $5M | 0.01% |
+180,900
| New | +$4.99M |
|
|
ITI
1584
DELISTED
Iteris, Inc.
ITI
| $5M | 0.01% |
885,024
-129,776
| -13% | -$619K |
|
1585
Mid-America Apartment Communities
MAA
$15.7B
| $5M | 0.01% |
39,449
-93,700
| -70% | -$11.6M |
|
1586
Crawford & Co Class A
CRD.A
$629M
| $4.99M | 0.01% |
675,524
-700
| -0.1% | -$5.06K |
|
1587
Flowserve
FLS
$10.1B
| $4.95M | 0.01% |
134,300
-342,700
| -72% | -$11.2M |
|
|
SOL
1588
DELISTED
Emeren Group
SOL
| $4.94M | 0.01% |
432,281
-456,318
| -51% | -$2.48M |
|
1589
Ardelyx
ARDX
$1.21B
| $4.94M | 0.01% |
762,867
-304,947
| -29% | -$1.81M |
|
1590
C&F Financial
CFFI
$283M
| $4.93M | 0.01% |
132,819
+1,219
| +0.9% | +$42.1K |
|
1591
Resideo Technologies
REZI
$3.97B
| $4.93M | 0.01% |
+231,700
| New | +$3.71M |
|
1592
First Commonwealth Financial
FCF
$2.19B
| $4.92M | 0.01% |
450,100
-353,662
| -44% | -$3.39M |
|
1593
ATI
ATI
$28B
| $4.92M | 0.01% |
293,192
-256,638
| -47% | -$3.26M |
|
1594
Full House Resorts
FLL
$80.5M
| $4.92M | 0.01% |
1,250,990
| – | – |
|
1595
NETGEAR
NTGR
$654M
| $4.91M | 0.01% |
120,900
-53,400
| -31% | -$1.82M |
|
1596
Orrstown Financial Services
ORRF
$851M
| $4.91M | 0.01% |
296,662
+29,263
| +11% | +$452K |
|
1597
Heritage Insurance Holdings
HRTG
$915M
| $4.91M | 0.01% |
484,499
+2,399
| +0.5% | +$24.6K |
|
1598
Pitney Bowes
PBI
$2.51B
| $4.9M | 0.01% |
796,000
+408,300
| +105% | +$2.45M |
|
1599
Select Water Solutions
WTTR
$2.77B
| $4.9M | 0.01% |
1,195,662
+138,720
| +13% | +$558K |
|
|
ZGNX
1600
DELISTED
Zogenix, Inc.
ZGNX
| $4.9M | 0.01% |
+245,087
| New | +$5.01M |
|
Similar funds
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.