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 | |
|---|---|---|---|---|---|---|
1601
Lincoln Educational Services
LINC
$1.36B
| $4.89M | 0.01% |
752,448
-60,669
| -7% | -$359K |
|
1602
Pentair
PNR
$11B
| $4.87M | 0.01% |
+91,764
| New | +$4.71M |
|
1603
Organogenesis Holdings
ORGO
$305M
| $4.87M | 0.01% |
646,300
+454,500
| +237% | +$2.16M |
|
1604
EXL Service
EXLS
$5.11B
| $4.86M | 0.01% |
285,500
-423,100
| -60% | -$6.71M |
|
1605
Dine Brands
DIN
$453M
| $4.86M | 0.01% |
83,700
+44,700
| +115% | +$2.72M |
|
1606
State Street SPDR Portfolio TIPS ETF
SPIP
$1B
| $4.85M | 0.01% |
155,500
+106,453
| +217% | +$3.27M |
|
1607
iShares China Large-Cap ETF
FXI
$4.3B
| $4.84M | 0.01% |
104,300
-60,000
| -37% | -$2.74M |
|
1608
Brink's
BCO
$4.77B
| $4.84M | 0.01% |
67,200
-195,600
| -74% | -$11.4M |
|
|
TGH
1609
DELISTED
Textainer Group Holdings limited
TGH
| $4.84M | 0.01% |
252,200
+14,900
| +6% | +$254K |
|
1610
Clarus
CLAR
$129M
| $4.82M | 0.01% |
312,679
-149,907
| -32% | -$2.28M |
|
|
ADAP
1611
DELISTED
Adaptimmune Therapeutics
ADAP
| $4.81M | 0.01% |
892,095
-429,516
| -32% | -$2.33M |
|
|
TACO
1612
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $4.8M | 0.01% |
529,628
+13,298
| +3% | +$115K |
|
1613
Choice Hotels
CHH
$5.09B
| $4.79M | 0.01% |
+44,900
| New | +$4.37M |
|
1614
Shore Bancshares
SHBI
$814M
| $4.79M | 0.01% |
328,137
-27,100
| -8% | -$348K |
|
1615
LendingTree
TREE
$475M
| $4.79M | 0.01% |
+17,500
| New | +$5.2M |
|
1616
Impinj
PI
$4.99B
| $4.79M | 0.01% |
114,400
+49,300
| +76% | +$1.72M |
|
1617
Broadwind
BWEN
$106M
| $4.78M | 0.01% |
603,024
-188,700
| -24% | -$816K |
|
1618
Tanger
SKT
$4.66B
| $4.77M | 0.01% |
479,300
-365,965
| -43% | -$3.09M |
|
|
VRTV
1619
DELISTED
VERITIV CORPORATION
VRTV
| $4.77M | 0.01% |
229,500
+44,300
| +24% | +$796K |
|
|
PRTK
1620
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $4.76M | 0.01% |
761,220
+219,800
| +41% | +$1.29M |
|
|
INOV
1621
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $4.76M | 0.01% |
+262,007
| New | +$5.6M |
|
|
XLRN
1622
DELISTED
Acceleron Pharma
XLRN
| $4.76M | 0.01% |
37,200
-168,007
| -82% | -$19.7M |
|
|
PBCT
1623
DELISTED
People's United Financial Inc
PBCT
| $4.75M | 0.01% |
+366,993
| New | +$4.41M |
|
1624
Tompkins Financial
TMP
$1.45B
| $4.74M | 0.01% |
67,192
-35,465
| -35% | -$2.25M |
|
1625
Northwest Bancshares
NWBI
$2.34B
| $4.74M | 0.01% |
372,204
-449,515
| -55% | -$5.13M |
|
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.