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 | |
|---|---|---|---|---|---|---|
2326
Daily Journal
DJCO
$795M
| $1.15M | ﹤0.01% |
2,900
-2,811
| -49% | -$1.22M |
|
2327
STAAR Surgical
STAA
$1.15B
| $1.15M | ﹤0.01% |
65,400
-72,700
| -53% | -$1.46M |
|
2328
Great Elm Group
GEG
$69.9M
| $1.15M | ﹤0.01% |
609,840
-11,936
| -2% | -$22.2K |
|
|
THRD
2329
DELISTED
Third Harmonic Bio
THRD
| $1.15M | ﹤0.01% |
331,800
+204,094
| +160% | +$990K |
|
2330
QuinStreet
QNST
$874M
| $1.15M | ﹤0.01% |
64,500
-5,300
| -8% | -$111K |
|
2331
Axogen
AXGN
$2.38B
| $1.15M | ﹤0.01% |
62,000
+40,000
| +182% | +$722K |
|
2332
Sypris Solutions
SYPR
$47.9M
| $1.15M | ﹤0.01% |
711,721
-13,900
| -2% | -$27K |
|
2333
ProShares Short QQQ
PSQ
$729M
| $1.15M | ﹤0.01% |
+28,200
| New | +$1.07M |
|
2334
Bank First Corp
BFC
$1.72B
| $1.14M | ﹤0.01% |
11,300
+6,300
| +126% | +$638K |
|
2335
Resources Connection
RGP
$145M
| $1.14M | ﹤0.01% |
174,000
+23,600
| +16% | +$183K |
|
2336
Cerence
CRNC
$408M
| $1.14M | ﹤0.01% |
144,017
-68,821
| -32% | -$847K |
|
|
YMAB
2337
DELISTED
Y-mAbs Therapeutics
YMAB
| $1.14M | ﹤0.01% |
256,706
+125,106
| +95% | +$726K |
|
|
SOBO
2338
South Bow Corp
SOBO
$7.37B
| $1.14M | ﹤0.01% |
+44,500
| New | +$1.11M |
|
2339
NetSol Technologies
NTWK
$51.9M
| $1.13M | ﹤0.01% |
468,501
-17,600
| -4% | -$44.6K |
|
|
HIMX
2340
Himax Technologies
HIMX
$2.4B
| $1.13M | ﹤0.01% |
153,861
-487,734
| -76% | -$4.51M |
|
2341
Investar Holding Corp
ISTR
$415M
| $1.13M | ﹤0.01% |
64,175
+4,300
| +7% | +$80.6K |
|
2342
Shutterstock
SSTK
$218M
| $1.13M | ﹤0.01% |
60,601
-141,800
| -70% | -$3.63M |
|
|
WCN
2343
Waste Connections
WCN
$42.2B
| $1.12M | ﹤0.01% |
5,761
-5,300
| -48% | -$981K |
|
2344
Epsilon Energy
EPSN
$170M
| $1.12M | ﹤0.01% |
159,000
-37,100
| -19% | -$243K |
|
2345
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $1.12M | ﹤0.01% |
21,800
+17,800
| +445% | +$980K |
|
|
SNCR
2346
DELISTED
Synchronoss Technologies
SNCR
| $1.12M | ﹤0.01% |
102,974
-17,043
| -14% | -$169K |
|
|
TRST
2347
Trustco Bank Corp NY
TRST
$958M
| $1.12M | ﹤0.01% |
+36,759
| New | +$1.17M |
|
2348
Ivanhoe Electric
IE
$1.69B
| $1.12M | ﹤0.01% |
192,800
+133,100
| +223% | +$844K |
|
2349
First Trust Dorsey Wright Focus 5 ETF
FV
$3.7B
| $1.12M | ﹤0.01% |
20,400
+9,200
| +82% | +$546K |
|
2350
JPMorgan BetaBuilders Europe ETF
BBEU
$9.47B
| $1.12M | ﹤0.01% |
+18,100
| New | +$1.09M |
|
Similar funds
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.