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 | |
|---|---|---|---|---|---|---|
|
AFBI
2176
DELISTED
Affinity Bancshares
AFBI
| $1.21M | ﹤0.01% |
59,248
-2,400
| -4% | -$47K |
|
2177
Ultralife
ULBI
$88.6M
| $1.21M | ﹤0.01% |
210,990
-3,600
| -2% | -$22.2K |
|
2178
Codexis
CDXS
$159M
| $1.2M | ﹤0.01% |
737,485
+426,999
| +138% | +$871K |
|
2179
Aware
AWRE
$26.8M
| $1.19M | ﹤0.01% |
645,573
-14,434
| -2% | -$32.6K |
|
|
ARX
2180
Accelerant Holdings
ARX
$2.68B
| $1.19M | ﹤0.01% |
+72,700
| New | +$1.02M |
|
2181
DLH Holdings
DLHC
$70.4M
| $1.19M | ﹤0.01% |
210,064
-42,000
| -17% | -$244K |
|
2182
Hyster-Yale Materials Handling
HY
$662M
| $1.19M | ﹤0.01% |
39,900
-2,400
| -6% | -$79.1K |
|
2183
Hagerty
HGTY
$1.37B
| $1.18M | ﹤0.01% |
87,968
-30,000
| -25% | -$374K |
|
2184
FVCBankcorp
FVCB
$337M
| $1.18M | ﹤0.01% |
84,775
+14,900
| +21% | +$191K |
|
2185
Panagram BBB-B CLO ETF
CLOZ
$791M
| $1.17M | ﹤0.01% |
44,256
-131,076
| -75% | -$3.49M |
|
2186
NI Holdings
NODK
$318M
| $1.17M | ﹤0.01% |
88,091
-5,900
| -6% | -$79.6K |
|
2187
First Trust RBA American Industrial Renaissance ETF
AIRR
$10.5B
| $1.17M | ﹤0.01% |
11,900
-8,800
| -43% | -$862K |
|
|
AXIA
2188
AXIA Energia
AXIA
$23.3B
| $1.17M | ﹤0.01% |
127,440
-181,576
| -59% | -$1.57M |
|
2189
908 Devices
MASS
$341M
| $1.17M | ﹤0.01% |
222,100
+12,800
| +6% | +$89.4K |
|
2190
Voyager Therapeutics
VYGR
$189M
| $1.17M | ﹤0.01% |
296,450
+34,000
| +13% | +$150K |
|
2191
JPMorgan US Tech Leaders ETF
JTEK
$4.31B
| $1.16M | ﹤0.01% |
12,900
-8,300
| -39% | -$762K |
|
2192
Rimini Street
RMNI
$462M
| $1.16M | ﹤0.01% |
299,226
-49,778
| -14% | -$207K |
|
|
LPRO
2193
DELISTED
Open Lending Corp
LPRO
| $1.16M | ﹤0.01% |
745,196
-226,981
| -23% | -$403K |
|
|
MOFG
2194
DELISTED
MidWestOne Financial Group
MOFG
| $1.16M | ﹤0.01% |
+30,000
| New | +$1.09M |
|
2195
Columbia Research Enhanced Core ETF
RECS
$6.03B
| $1.15M | ﹤0.01% |
28,200
-7,971
| -22% | -$324K |
|
2196
United-Guardian
UG
$33.3M
| $1.15M | ﹤0.01% |
186,645
+1,882
| +1% | +$12.4K |
|
2197
Kenon Holdings
KEN
$3.41B
| $1.15M | ﹤0.01% |
17,300
-800
| -4% | -$44.6K |
|
|
MBCN
2198
DELISTED
Middlefield Banc Corp
MBCN
| $1.15M | ﹤0.01% |
33,212
-2,900
| -8% | -$96.3K |
|
2199
Titan Machinery
TITN
$448M
| $1.15M | ﹤0.01% |
+76,228
| New | +$1.23M |
|
2200
iShares MSCI Intl Quality Factor ETF
IQLT
$14.1B
| $1.15M | ﹤0.01% |
+25,200
| New | +$1.13M |
|
Similar funds
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.