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 | |
|---|---|---|---|---|---|---|
2101
Afya
AFYA
$1.27B
| $2.05M | ﹤0.01% |
+81,200
| New | +$2.09M |
|
2102
Red Rock Resorts
RRR
$3.68B
| $2.05M | ﹤0.01% |
82,000
-137,800
| -63% | -$2.93M |
|
|
HMNF
2103
DELISTED
HMN Financial Inc
HMNF
| $2.05M | ﹤0.01% |
119,100
+3,600
| +3% | +$55.2K |
|
|
NM
2104
DELISTED
Navios Maritime Holdings Inc.
NM
| $2.05M | ﹤0.01% |
910,870
+99,426
| +12% | +$201K |
|
|
FCCY
2105
DELISTED
1st Constitution Bancorp
FCCY
| $2.05M | ﹤0.01% |
128,970
+8,621
| +7% | +$129K |
|
|
STFC
2106
DELISTED
State Auto Financial Corp
STFC
| $2.05M | ﹤0.01% |
115,363
-55,105
| -32% | -$836K |
|
2107
O-I Glass
OI
$1.09B
| $2.03M | ﹤0.01% |
+170,950
| New | +$1.95M |
|
|
YI
2108
111 Inc
YI
$33.3M
| $2.02M | ﹤0.01% |
29,094
+11,684
| +67% | +$790K |
|
2109
FRP Holdings
FRPH
$407M
| $2.02M | ﹤0.01% |
88,682
-36,118
| -29% | -$793K |
|
2110
McGrath RentCorp
MGRC
$2.97B
| $2.02M | ﹤0.01% |
30,095
-39,800
| -57% | -$2.53M |
|
2111
BlackBerry
BB
$5.15B
| $2.02M | ﹤0.01% |
305,200
-2,020,155
| -87% | -$12M |
|
2112
Upland Software
UPLD
$12.6M
| $2.01M | ﹤0.01% |
+4,372
| New | +$1.93M |
|
|
TSC
2113
DELISTED
TriState Capital Holdings, Inc.
TSC
| $2M | ﹤0.01% |
114,800
+23,600
| +26% | +$355K |
|
2114
Cumberland Pharmaceuticals
CPIX
$115M
| $1.99M | ﹤0.01% |
675,159
+75,501
| +13% | +$229K |
|
2115
iShares MSCI Taiwan ETF
EWT
$10.6B
| $1.99M | ﹤0.01% |
37,500
-93,400
| -71% | -$4.56M |
|
|
WTT
2116
DELISTED
Wireless Telecom Group, Inc.
WTT
| $1.99M | ﹤0.01% |
1,122,383
+67,804
| +6% | +$106K |
|
2117
Acadia Realty Trust
AKR
$2.84B
| $1.98M | ﹤0.01% |
139,650
-221,051
| -61% | -$2.78M |
|
|
PRO
2118
DELISTED
PROS Holdings
PRO
| $1.98M | ﹤0.01% |
39,011
-415,889
| -91% | -$16.4M |
|
|
TCON
2119
DELISTED
TRACON Pharmaceuticals, Inc. Common Stock
TCON
| $1.98M | ﹤0.01% |
8,455
+4,380
| +107% | +$610K |
|
2120
Citizens
CIA
$231M
| $1.98M | ﹤0.01% |
344,800
-34,800
| -9% | -$209K |
|
2121
Betterware México
BWMX
$622M
| $1.97M | ﹤0.01% |
57,786
+42,186
| +270% | +$1.18M |
|
|
EVOL
2122
DELISTED
Evolving Systems, Inc.
EVOL
| $1.97M | ﹤0.01% |
1,001,710
+223,079
| +29% | +$352K |
|
2123
Rocky Mountain Chocolate Factory
RMCF
$7.93M
| $1.97M | ﹤0.01% |
486,617
-38,947
| -7% | -$138K |
|
2124
US Foods
USFD
$23.6B
| $1.97M | ﹤0.01% |
59,143
+28,843
| +95% | +$823K |
|
|
SFE
2125
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.97M | ﹤0.01% |
308,117
+41,800
| +16% | +$261K |
|
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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.