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 |
Microsoft
MSFT
|
+$276M |
| 2 |
Procter & Gamble
PG
|
+$243M |
| 3 |
Analog Devices
ADI
|
+$188M |
| 4 |
Advanced Micro Devices
AMD
|
+$171M |
| 5 |
Home Depot
HD
|
+$162M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.95B |
| 2 |
Bristol-Myers Squibb
BMY
|
+$778M |
| 3 |
Walmart Inc
WMT
|
+$723M |
| 4 |
Zoom
ZM
|
+$642M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 22.93% |
| 2 | Technology | 16.65% |
| 3 | Consumer Staples | 12.19% |
| 4 | Consumer Discretionary | 9.52% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ACR
2501
ACRES Commercial Realty
ACR
$124M
| $1.03M | ﹤0.01% |
+165,065
| New | +$1.14M |
|
2502
Crown Castle
CCI
$33.3B
| $1.03M | ﹤0.01% |
6,203
-280,100
| -98% | -$46.2M |
|
2503
iShares ESG Aware MSCI EM ETF
ESGE
$6.58B
| $1.03M | ﹤0.01% |
+29,000
| New | +$1.03M |
|
2504
Invesco WilderHill Clean Energy ETF
PBW
$407M
| $1.03M | ﹤0.01% |
+17,000
| New | +$884K |
|
2505
Vanguard Consumer Discretionary ETF
VCR
$6.15B
| $1.03M | ﹤0.01% |
4,400
+1,100
| +33% | +$249K |
|
|
NAAS
2506
NaaS Technology Inc
NAAS
$55.1M
| $1.03M | ﹤0.01% |
21
-4
| -16% | -$152K |
|
2507
Antero Midstream
AM
$10.4B
| $1.03M | ﹤0.01% |
+191,866
| New | +$1.17M |
|
2508
Farmers & Merchants Bancorp
FMAO
$459M
| $1.03M | ﹤0.01% |
51,300
-5,100
| -9% | -$108K |
|
2509
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $1.02M | ﹤0.01% |
+22,900
| New | +$1.04M |
|
2510
NLI Holdings
NL
$281M
| $1.02M | ﹤0.01% |
241,014
+11,900
| +5% | +$42.8K |
|
|
NPKI
2511
NPK International
NPKI
$1.06B
| $1.02M | ﹤0.01% |
975,461
+405,441
| +71% | +$745K |
|
2512
Kewaunee Scientific
KEQU
$102M
| $1.02M | ﹤0.01% |
114,281
+500
| +0.4% | +$4.76K |
|
2513
Twin Disc
TWIN
$329M
| $1.02M | ﹤0.01% |
201,893
+65,400
| +48% | +$392K |
|
2514
IRIDEX
IRIX
$14.3M
| $1.02M | ﹤0.01% |
520,241
+14,322
| +3% | +$29.6K |
|
|
RTC
2515
DELISTED
Baijiayun Group
RTC
| $1.02M | ﹤0.01% |
54,514
+14,491
| +36% | +$357K |
|
|
HALL
2516
DELISTED
Hallmark Financial Services, Inc.
HALL
| $1.02M | ﹤0.01% |
38,910
+6,219
| +19% | +$194K |
|
2517
PDF Solutions
PDFS
$1.93B
| $1.02M | ﹤0.01% |
+54,300
| New | +$1.12M |
|
|
USAK
2518
DELISTED
USA Truck Inc
USAK
| $1.01M | ﹤0.01% |
+106,900
| New | +$1.09M |
|
2519
Diamondback Energy
FANG
$57.1B
| $1.01M | ﹤0.01% |
33,489
-193,400
| -85% | -$7.37M |
|
2520
American Coastal Insurance
ACIC
$515M
| $1.01M | ﹤0.01% |
166,321
-20,750
| -11% | -$159K |
|
2521
First Bank
FRBA
$464M
| $1.01M | ﹤0.01% |
162,485
-26,810
| -14% | -$179K |
|
2522
RCM Technologies
RCMT
$201M
| $1.01M | ﹤0.01% |
714,168
-2,050
| -0.3% | -$3.17K |
|
2523
Invesco CurrencyShares Euro Currency Trust
FXE
$346M
| $1M | ﹤0.01% |
+9,100
| New | +$1M |
|
2524
Ark Restaurants
ARKR
| $1M | ﹤0.01% |
92,315
+1,500
| +2% | +$15.5K |
|
|
SUMR
2525
DELISTED
Summer Infant, Inc.
SUMR
| $1M | ﹤0.01% |
57,899
+18,900
| +48% | +$274K |
|
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Renaissance Technologies's Q3 2020 Portfolio in Review
As of Q3 2020, Renaissance Technologies held 3,879 positions worth $100B, down 14% from $116B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Renaissance Technologies withdrew a net $21.7B in Q3 2020, closing 544 positions and reducing 1,671 holdings. Its most notable exit was Alibaba, an estimated $426M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 23% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Microsoft worth $277M.
- Renaissance Technologies's largest Q3 2020 buy was Microsoft: 1,315,812 shares worth $277M.
- Renaissance Technologies added most to Procter & Gamble in Q3 2020, an estimated $243M increase.
- Renaissance Technologies's biggest Q3 2020 reduction was Tesla, cutting an estimated $1.95B.
- Renaissance Technologies fully exited Alibaba in Q3 2020, selling an estimated $426M.
- Renaissance Technologies's ten largest holdings make up 15% of its $100B portfolio in Q3 2020.
- Renaissance Technologies opened 490 new positions and closed 544 in Q3 2020.
- Renaissance Technologies's portfolio value fell 14% quarter-over-quarter to $100B.
Based on Renaissance Technologies's 13F filing for Q3 2020, filed 13 Nov 2020.