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 | |
|---|---|---|---|---|---|---|
|
KZIA
2801
Kazia Therapeutics
KZIA
$144M
| $523K | ﹤0.01% |
1,551
+230
| +17% | +$64.8K |
|
2802
Vista Gold
VGZ
$251M
| $520K | ﹤0.01% |
477,600
+243,800
| +104% | +$277K |
|
|
RWT
2803
Redwood Trust
RWT
$574M
| $511K | ﹤0.01% |
+67,955
| New | +$481K |
|
|
APTS
2804
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $511K | ﹤0.01% |
94,708
-88,692
| -48% | -$603K |
|
|
STRM
2805
DELISTED
Streamline Health Solutions
STRM
| $510K | ﹤0.01% |
21,792
-954
| -4% | -$20K |
|
|
EVBN
2806
DELISTED
Evans Bancorp Inc
EVBN
| $510K | ﹤0.01% |
22,931
-12,352
| -35% | -$283K |
|
|
NEOS
2807
DELISTED
Neos Therapeutics, Inc
NEOS
| $510K | ﹤0.01% |
960,900
+137,757
| +17% | +$93.6K |
|
|
WINS
2808
DELISTED
Wins Finance Holdings Inc. Ordinary Shares (Cayman Islands)
WINS
| $510K | ﹤0.01% |
27,200
+7,000
| +35% | +$178K |
|
|
VNTR
2809
DELISTED
Venator Materials PLC
VNTR
| $508K | ﹤0.01% |
263,138
-56,900
| -18% | -$111K |
|
2810
iShares Russell 1000 ETF
IWB
$48.2B
| $505K | ﹤0.01% |
2,700
-6,900
| -72% | -$1.27M |
|
2811
Tapestry
TPR
$30.8B
| $503K | ﹤0.01% |
+32,200
| New | +$474K |
|
2812
Bally's
BALY
$682M
| $502K | ﹤0.01% |
+19,100
| New | +$444K |
|
2813
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.37B
| $500K | ﹤0.01% |
+9,600
| New | +$501K |
|
2814
Zedge
ZDGE
$38.6M
| $493K | ﹤0.01% |
337,607
+74,034
| +28% | +$109K |
|
2815
Investar Holding Corp
ISTR
$415M
| $492K | ﹤0.01% |
38,375
-8,300
| -18% | -$113K |
|
|
ETTX
2816
DELISTED
Entasis Therapeutics Holdings Inc.
ETTX
| $491K | ﹤0.01% |
240,841
+143,395
| +147% | +$409K |
|
2817
ZK International Group
ZKIN
$77.4M
| $486K | ﹤0.01% |
57,910
+1,500
| +3% | +$13.8K |
|
2818
WisdomTree International SmallCap Dividend Fund
DLS
$1.06B
| $485K | ﹤0.01% |
+8,100
| New | +$477K |
|
|
IRD
2819
Opus Genetics
IRD
$306M
| $485K | ﹤0.01% |
58,326
+6,001
| +11% | +$58.4K |
|
2820
Ceco Environmental
CECO
$3.85B
| $483K | ﹤0.01% |
66,198
-19,700
| -23% | -$149K |
|
|
OPTN
2821
DELISTED
OptiNose
OPTN
| $483K | ﹤0.01% |
8,260
-14,020
| -63% | -$1.04M |
|
|
GNCA
2822
DELISTED
Genocea Biosciences, Inc.
GNCA
| $482K | ﹤0.01% |
210,694
+95,323
| +83% | +$250K |
|
|
TMQ
2823
Trilogy Metals
TMQ
$541M
| $480K | ﹤0.01% |
+268,300
| New | +$532K |
|
|
MSON
2824
DELISTED
Misonix Inc
MSON
| $480K | ﹤0.01% |
40,907
+23,900
| +141% | +$310K |
|
2825
Oshkosh
OSK
$8.79B
| $478K | ﹤0.01% |
+6,500
| New | +$501K |
|
Similar funds
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.