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 |
Costco
COST
|
+$616M |
| 2 |
Netflix
NFLX
|
+$481M |
| 3 |
Micron Technology
MU
|
+$416M |
| 4 |
Tesla
TSLA
|
+$416M |
| 5 |
Procter & Gamble
PG
|
+$322M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$885M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$660M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$463M |
| 4 |
Applovin
APP
|
+$430M |
| 5 |
Meta Platforms (Facebook)
META
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.84% |
| 2 | Healthcare | 15.77% |
| 3 | Consumer Discretionary | 13.88% |
| 4 | Industrials | 9.94% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BAI
1901
iShares A.I. Innovation and Tech Active ETF
BAI
$13.6B
| $1.88M | ﹤0.01% |
56,600
+24,200
| +75% | +$839K |
|
1902
Journey Medical
DERM
$176M
| $1.88M | ﹤0.01% |
244,000
-3,900
| -2% | -$30.6K |
|
1903
Ryan Specialty Holdings
RYAN
$5.83B
| $1.88M | ﹤0.01% |
+36,400
| New | +$2M |
|
1904
Cumberland Pharmaceuticals
CPIX
$113M
| $1.88M | ﹤0.01% |
472,163
-43,302
| -8% | -$128K |
|
1905
Capital Group Core Equity ETF
CGUS
$11.8B
| $1.88M | ﹤0.01% |
46,700
-32,100
| -41% | -$1.28M |
|
1906
Embotelladora Andina Series A
AKO.A
$3.79B
| $1.87M | ﹤0.01% |
80,200
-3,500
| -4% | -$75.2K |
|
1907
Stoneridge
SRI
$211M
| $1.87M | ﹤0.01% |
322,600
+108,500
| +51% | +$683K |
|
1908
H.B. Fuller
FUL
$3.2B
| $1.87M | ﹤0.01% |
31,400
-17,900
| -36% | -$1.05M |
|
1909
AmeriServ Financial
ASRV
$78.4M
| $1.86M | ﹤0.01% |
583,074
-5,000
| -0.9% | -$15.4K |
|
|
TRTX
1910
TPG RE Finance Trust
TRTX
$610M
| $1.86M | ﹤0.01% |
215,605
-44,294
| -17% | -$393K |
|
1911
Stock Yards Bancorp
SYBT
$2.63B
| $1.85M | ﹤0.01% |
+28,552
| New | +$1.92M |
|
|
ETHW
1912
Bitwise Ethereum ETF
ETHW
$201M
| $1.85M | ﹤0.01% |
+87,100
| New | +$2.16M |
|
1913
Ramaco Resources Class B
METCB
$414M
| $1.85M | ﹤0.01% |
161,809
+70,315
| +77% | +$962K |
|
1914
Bowman Consulting
BWMN
$472M
| $1.85M | ﹤0.01% |
56,000
-7,600
| -12% | -$288K |
|
1915
CEVA Inc
CEVA
$954M
| $1.85M | ﹤0.01% |
85,917
+73,217
| +577% | +$1.8M |
|
1916
Amtech Systems
ASYS
$280M
| $1.84M | ﹤0.01% |
146,596
+126,296
| +622% | +$1.14M |
|
1917
Yeti Holdings
YETI
$3.98B
| $1.84M | ﹤0.01% |
41,600
-117,600
| -74% | -$4.52M |
|
1918
JPMorgan Active Growth ETF
JGRO
$9.97B
| $1.84M | ﹤0.01% |
19,800
+8,200
| +71% | +$769K |
|
1919
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $1.83M | ﹤0.01% |
22,200
-14,700
| -40% | -$1.2M |
|
1920
Concrete Pumping Holdings
BBCP
$491M
| $1.83M | ﹤0.01% |
272,500
-900
| -0.3% | -$5.92K |
|
1921
Middleby
MIDD
$6.12B
| $1.82M | ﹤0.01% |
12,270
-57,400
| -82% | -$7.54M |
|
|
FBRT
1922
Franklin BSP Realty Trust
FBRT
$627M
| $1.82M | ﹤0.01% |
181,019
-154,220
| -46% | -$1.61M |
|
|
ITIC
1923
Investors Title Co
ITIC
$546M
| $1.81M | ﹤0.01% |
7,267
-6,880
| -49% | -$1.81M |
|
1924
Aldeyra Therapeutics
ALDX
$96.5M
| $1.81M | ﹤0.01% |
350,000
+152,700
| +77% | +$784K |
|
1925
iShares US Medical Devices ETF
IHI
$3.34B
| $1.81M | ﹤0.01% |
29,100
+20,200
| +227% | +$1.25M |
|
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Renaissance Technologies's Q4 2025 Portfolio in Review
As of Q4 2025, Renaissance Technologies held 3,923 positions worth $64.5B, down 15% from $75.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $10.1B in Q4 2025, closing 737 positions and reducing 1,682 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $354M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in ServiceNow worth $204M.
- Renaissance Technologies's largest Q4 2025 buy was ServiceNow: 1,331,977 shares worth $204M.
- Renaissance Technologies added most to Costco in Q4 2025, an estimated $616M increase.
- Renaissance Technologies's biggest Q4 2025 reduction was NVIDIA, cutting an estimated $885M.
- Renaissance Technologies fully exited Meta Platforms (Facebook) in Q4 2025, selling an estimated $354M.
- Renaissance Technologies's ten largest holdings make up 12% of its $64.5B portfolio in Q4 2025.
- Renaissance Technologies opened 466 new positions and closed 737 in Q4 2025.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $64.5B.
Based on Renaissance Technologies's 13F filing for Q4 2025, filed 12 Feb 2026.