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 |
Broadcom
AVGO
|
+$513M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$412M |
| 3 |
Meta Platforms (Facebook)
META
|
+$354M |
| 4 |
ServiceNow
NOW
|
+$262M |
| 5 |
American Airlines Group
AAL
|
+$259M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palantir
PLTR
|
+$571M |
| 2 |
Apple
AAPL
|
+$571M |
| 3 |
Netflix
NFLX
|
+$388M |
| 4 |
NVIDIA
NVDA
|
+$313M |
| 5 |
TSMC
TSM
|
+$211M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Healthcare | 15.28% |
| 3 | Consumer Discretionary | 11.85% |
| 4 | Financials | 11.11% |
| 5 | Industrials | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.36B
| $2.16M | ﹤0.01% |
43,000
-21,300
| -33% | -$1.05M |
|
1952
iShares TIPS Bond ETF
TIP
$14.5B
| $2.16M | ﹤0.01% |
19,400
-19,100
| -50% | -$2.07M |
|
1953
Northrim BanCorp
NRIM
$595M
| $2.15M | ﹤0.01% |
117,200
+26,000
| +29% | +$515K |
|
1954
AAR Corp
AIR
$6B
| $2.14M | ﹤0.01% |
+38,260
| New | +$2.54M |
|
1955
Dakota Gold
DC
$735M
| $2.14M | ﹤0.01% |
807,900
+251,793
| +45% | +$690K |
|
1956
Cumberland Pharmaceuticals
CPIX
$109M
| $2.13M | ﹤0.01% |
503,363
-3,800
| -0.7% | -$15.8K |
|
1957
Regenxbio
RGNX
$707M
| $2.12M | ﹤0.01% |
296,800
+25,500
| +9% | +$190K |
|
1958
Vericel Corp
VCEL
$2.28B
| $2.12M | ﹤0.01% |
47,500
-42,000
| -47% | -$2.26M |
|
1959
Funko
FNKO
$300M
| $2.12M | ﹤0.01% |
308,844
+281,799
| +1,042% | +$3.27M |
|
1960
Caledonia Mining Corp
CMCL
$393M
| $2.11M | ﹤0.01% |
168,693
+12,166
| +8% | +$125K |
|
1961
Larimar Therapeutics
LRMR
$437M
| $2.1M | ﹤0.01% |
974,971
+461,429
| +90% | +$1.46M |
|
1962
Five Star Bancorp
FSBC
$1.12B
| $2.09M | ﹤0.01% |
75,200
+33,003
| +78% | +$983K |
|
1963
Radcom
RDCM
$159M
| $2.09M | ﹤0.01% |
182,633
-55,600
| -23% | -$710K |
|
1964
Arm
ARM
$310B
| $2.08M | ﹤0.01% |
+19,500
| New | +$2.72M |
|
1965
Virco
VIRC
$94.8M
| $2.08M | ﹤0.01% |
220,011
-14,900
| -6% | -$155K |
|
|
KWY
1966
Kingsway Corp
KWY
$262M
| $2.08M | ﹤0.01% |
262,715
-1,000
| -0.4% | -$7.88K |
|
|
SGMO
1967
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.08M | ﹤0.01% |
3,168,107
+83,230
| +3% | +$88.1K |
|
1968
Nexa Resources
NEXA
$1.9B
| $2.08M | ﹤0.01% |
334,900
-14,300
| -4% | -$84.1K |
|
1969
iShare MSCI Eurozone ETF
EZU
$9.85B
| $2.07M | ﹤0.01% |
+38,900
| New | +$2.02M |
|
1970
Companhia Siderúrgica Nacional
SID
$1.27B
| $2.07M | ﹤0.01% |
1,239,113
+169,113
| +16% | +$260K |
|
1971
Insteel Industries
IIIN
$633M
| $2.07M | ﹤0.01% |
78,640
+43,940
| +127% | +$1.22M |
|
|
VBTX
1972
DELISTED
Veritex Holdings
VBTX
| $2.07M | ﹤0.01% |
82,723
+46,700
| +130% | +$1.2M |
|
1973
B&G Foods
BGS
$284M
| $2.06M | ﹤0.01% |
299,500
+15,200
| +5% | +$101K |
|
|
CRON
1974
Cronos Group
CRON
$1.14B
| $2.06M | ﹤0.01% |
1,135,653
+727,312
| +178% | +$1.41M |
|
1975
Aviat Networks
AVNW
$277M
| $2.05M | ﹤0.01% |
107,180
-80,200
| -43% | -$1.62M |
|
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Renaissance Technologies's Q1 2025 Portfolio in Review
As of Q1 2025, Renaissance Technologies held 3,989 positions worth $66.1B, down 2.2% from $67.6B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q1 2025 filing shows 456 new, 1,472 increased, 1,441 reduced and 583 closed positions. Its largest new stake was ServiceNow: 1,361,505 shares worth $217M. The largest sale was Palantir, an estimated $571M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 21% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q1 2025 buy was ServiceNow: 1,361,505 shares worth $217M.
- Renaissance Technologies added most to Broadcom in Q1 2025, an estimated $513M increase.
- Renaissance Technologies's biggest Q1 2025 reduction was Palantir, cutting an estimated $571M.
- Renaissance Technologies fully exited Nike in Q1 2025, selling an estimated $197M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.1B portfolio in Q1 2025.
- Renaissance Technologies opened 456 new positions and closed 583 in Q1 2025.
- Renaissance Technologies's portfolio value fell 2.2% quarter-over-quarter to $66.1B.
Based on Renaissance Technologies's 13F filing for Q1 2025, filed 14 May 2025.