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 | |
|---|---|---|---|---|---|---|
1626
Larimar Therapeutics
LRMR
$426M
| $4.74M | 0.01% |
221,374
+22,300
| +11% | +$447K |
|
1627
Navigator Holdings
NVGS
$1.27B
| $4.74M | 0.01% |
432,900
+32,600
| +8% | +$276K |
|
|
IEC
1628
DELISTED
IEC Electronics Corp.
IEC
| $4.74M | 0.01% |
349,612
+60,822
| +21% | +$617K |
|
1629
Resources Connection
RGP
$153M
| $4.73M | 0.01% |
376,043
+35,201
| +10% | +$423K |
|
|
ALTA
1630
DELISTED
Altabancorp
ALTA
| $4.7M | 0.01% |
168,440
-23,800
| -12% | -$604K |
|
|
SNBR
1631
DELISTED
Sleep Number
SNBR
| $4.7M | 0.01% |
57,400
-12,100
| -17% | -$839K |
|
|
INFI
1632
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $4.7M | 0.01% |
2,215,974
+429,041
| +24% | +$708K |
|
|
VIVS
1633
VivoSim Labs
VIVS
$1.27M
| $4.69M | 0.01% |
31,779
-3,750
| -11% | -$427K |
|
|
DAO
1634
Youdao
DAO
$2.08B
| $4.69M | 0.01% |
176,766
-173,534
| -50% | -$4.83M |
|
1635
Northern Trust
NTRS
$33.7B
| $4.68M | 0.01% |
+50,298
| New | +$4.44M |
|
1636
Steris
STE
$22.7B
| $4.68M | 0.01% |
24,700
-39,700
| -62% | -$7.41M |
|
1637
Oceaneering
OII
$4.78B
| $4.66M | 0.01% |
586,055
+370,955
| +172% | +$2.17M |
|
1638
First Trust Managed Municipal ETF
FMB
$2.06B
| $4.64M | 0.01% |
+81,800
| New | +$4.58M |
|
1639
SmartFinancial
SMBK
$906M
| $4.64M | 0.01% |
255,674
+14,700
| +6% | +$242K |
|
1640
Atlanticus Holdings
ATLC
$1.68B
| $4.64M | 0.01% |
188,208
+5,500
| +3% | +$89.8K |
|
1641
Werner Enterprises
WERN
$2.27B
| $4.63M | 0.01% |
118,170
-67,193
| -36% | -$2.73M |
|
1642
IPG Photonics
IPGP
$3.89B
| $4.63M | 0.01% |
+20,700
| New | +$4.15M |
|
1643
Comfort Systems
FIX
$61.1B
| $4.63M | 0.01% |
87,900
-7,300
| -8% | -$379K |
|
1644
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $4.63M | 0.01% |
42,800
+35,940
| +524% | +$3.88M |
|
1645
Amkor Technology
AMKR
$13.4B
| $4.62M | 0.01% |
306,400
-407,600
| -57% | -$5.55M |
|
1646
First Community Bankshares
FCBC
$917M
| $4.62M | 0.01% |
214,094
-16,906
| -7% | -$354K |
|
1647
Blackbaud
BLKB
$2.08B
| $4.62M | 0.01% |
80,197
-21,500
| -21% | -$1.2M |
|
1648
Air T
AIRT
$86.1M
| $4.61M | 0.01% |
185,211
-5,900
| -3% | -$68K |
|
1649
National Health Investors
NHI
$3.64B
| $4.61M | 0.01% |
66,590
-293,910
| -82% | -$18.7M |
|
|
MMX
1650
DELISTED
Maverix Metals Inc. Common Shares
MMX
| $4.6M | 0.01% |
841,530
-27,370
| -3% | -$143K |
|
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.