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 |
Zoom
ZM
|
+$806M |
| 2 |
AbbVie
ABBV
|
+$481M |
| 3 |
T-Mobile US
TMUS
|
+$464M |
| 4 |
Kroger
KR
|
+$430M |
| 5 |
Baidu
BIDU
|
+$423M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$1.35B |
| 2 |
AGN
Allergan plc
AGN
|
+$1.26B |
| 3 |
S
Sprint Corporation
S
|
+$675M |
| 4 |
Amgen
AMGN
|
+$488M |
| 5 |
Humana
HUM
|
+$450M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.45% |
| 2 | Technology | 16.1% |
| 3 | Consumer Staples | 10.57% |
| 4 | Consumer Discretionary | 9.95% |
| 5 | Communication Services | 9.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AVNS
2151
DELISTED
Avanos Medical
AVNS
| $2.14M | ﹤0.01% |
+72,800
| New | +$2.11M |
|
2152
CareCloud
CCLD
$110M
| $2.13M | ﹤0.01% |
257,208
+211,175
| +459% | +$1.43M |
|
2153
Chemung Financial Corp
CHMG
$397M
| $2.13M | ﹤0.01% |
78,088
-1,600
| -2% | -$42.2K |
|
|
AVID
2154
DELISTED
Avid Technology Inc
AVID
| $2.13M | ﹤0.01% |
292,367
-593,089
| -67% | -$3.91M |
|
|
HNP
2155
DELISTED
Huaneng Power Intl, Inc.
HNP
| $2.13M | ﹤0.01% |
140,700
+5,500
| +4% | +$80.5K |
|
2156
Urban One Class A
UONE
$22.9M
| $2.12M | ﹤0.01% |
10,490
+1,120
| +12% | +$59K |
|
2157
Option Care Health
OPCH
$3.55B
| $2.12M | ﹤0.01% |
152,976
-118,780
| -44% | -$1.57M |
|
2158
PENN Entertainment
PENN
$2.68B
| $2.12M | ﹤0.01% |
69,500
-645,302
| -90% | -$14.8M |
|
|
SAFE
2159
Safehold
SAFE
$1.16B
| $2.12M | ﹤0.01% |
35,377
-87,756
| -71% | -$4.42M |
|
2160
State Street Materials Select Sector SPDR ETF
XLB
$8.52B
| $2.11M | ﹤0.01% |
+74,800
| New | +$1.97M |
|
2161
iShares Russell Mid-Cap Growth ETF
IWP
$20.6B
| $2.1M | ﹤0.01% |
26,600
+16,000
| +151% | +$1.16M |
|
2162
Global Ship Lease
GSL
$1.57B
| $2.1M | ﹤0.01% |
495,746
-17,504
| -3% | -$74.8K |
|
2163
State Street SPDR S&P Homebuilders ETF
XHB
$1.54B
| $2.1M | ﹤0.01% |
+47,868
| New | +$1.82M |
|
|
YRD
2164
Yiren Digital
YRD
$101M
| $2.1M | ﹤0.01% |
508,365
-15,800
| -3% | -$62.8K |
|
2165
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $2.1M | ﹤0.01% |
+15,600
| New | +$2.03M |
|
2166
Pitney Bowes
PBI
$2.52B
| $2.09M | ﹤0.01% |
805,500
+2,606
| +0.3% | +$6.51K |
|
2167
Lantronix
LTRX
$272M
| $2.09M | ﹤0.01% |
563,564
-88,500
| -14% | -$276K |
|
|
RNWK
2168
DELISTED
RealNetworks Inc
RNWK
| $2.08M | ﹤0.01% |
1,603,048
+268,986
| +20% | +$295K |
|
2169
Plexus
PLXS
$7.41B
| $2.08M | ﹤0.01% |
29,493
-2,600
| -8% | -$161K |
|
2170
RGC Resources
RGCO
$232M
| $2.05M | ﹤0.01% |
84,895
+21,995
| +35% | +$559K |
|
2171
Escalade
ESCA
$303M
| $2.05M | ﹤0.01% |
146,665
-28,100
| -16% | -$260K |
|
2172
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $2.04M | ﹤0.01% |
20,100
+9,200
| +84% | +$887K |
|
2173
Superior Group of Companies
SGC
$218M
| $2.04M | ﹤0.01% |
152,410
-36,900
| -19% | -$350K |
|
2174
National Bankshares
NKSH
$262M
| $2.04M | ﹤0.01% |
71,270
-8,900
| -11% | -$259K |
|
2175
Champions Oncology
CSBR
$75.7M
| $2.04M | ﹤0.01% |
212,946
+35,900
| +20% | +$306K |
|
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Renaissance Technologies's Q2 2020 Portfolio in Review
As of Q2 2020, Renaissance Technologies held 3,987 positions worth $116B, up 13% from $103B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Renaissance Technologies withdrew a net $8.24B in Q2 2020, closing 596 positions and reducing 1,366 holdings. Its most notable exit was Allergan plc, an estimated $1.26B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 25% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Uber worth $187M.
- Renaissance Technologies's largest Q2 2020 buy was Uber: 6,030,316 shares worth $187M.
- Renaissance Technologies added most to Zoom in Q2 2020, an estimated $806M increase.
- Renaissance Technologies's biggest Q2 2020 reduction was Bristol-Myers Squibb, cutting an estimated $1.35B.
- Renaissance Technologies fully exited Allergan plc in Q2 2020, selling an estimated $1.26B.
- Renaissance Technologies's ten largest holdings make up 14% of its $116B portfolio in Q2 2020.
- Renaissance Technologies opened 584 new positions and closed 596 in Q2 2020.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $116B.
Based on Renaissance Technologies's 13F filing for Q2 2020, filed 13 Aug 2020.