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 | |
|---|---|---|---|---|---|---|
|
PLG
2901
Platinum Group Metals
PLG
$164M
| $400K | ﹤0.01% |
200,053
+171,553
| +602% | +$347K |
|
2902
AnaptysBio
ANAB
$1.58B
| $395K | ﹤0.01% |
+26,800
| New | +$484K |
|
|
SANW
2903
DELISTED
S&W Seed Co
SANW
| $394K | ﹤0.01% |
8,352
+1,563
| +23% | +$76.8K |
|
2904
Neonode
NEON
$14.1M
| $391K | ﹤0.01% |
49,500
+33,165
| +203% | +$313K |
|
|
BWIN
2905
Baldwin Insurance Group
BWIN
$2.69B
| $391K | ﹤0.01% |
15,700
-7,800
| -33% | -$169K |
|
|
WHLR
2906
Wheeler Real Estate Investment Trust
WHLR
$549K
| – | – |
0
| – | – |
|
|
ALEX
2907
DELISTED
Alexander & Baldwin
ALEX
| $389K | ﹤0.01% |
34,731
-24,700
| -42% | -$296K |
|
|
JG
2908
Aurora Mobile
JG
$33.4M
| $389K | ﹤0.01% |
12,625
+7,774
| +160% | +$265K |
|
2909
Optical Cable Corp
OCC
$131M
| $388K | ﹤0.01% |
125,503
+5,200
| +4% | +$13K |
|
2910
abrdn Physical Gold Shares ETF
SGOL
$6.91B
| $388K | ﹤0.01% |
21,400
-237,300
| -92% | -$4.37M |
|
2911
Midland States Bancorp
MSBI
$699M
| $387K | ﹤0.01% |
+30,108
| New | +$429K |
|
2912
Better Online Solutions
BOSC
$31.7M
| $386K | ﹤0.01% |
158,843
+5,800
| +4% | +$15.7K |
|
2913
Celsius Holdings
CELH
$7.47B
| $386K | ﹤0.01% |
+51,000
| New | +$308K |
|
2914
Jakks Pacific
JAKK
$301M
| $386K | ﹤0.01% |
101,599
-99,332
| -49% | -$520K |
|
2915
Moog Inc Class B
MOG.B
| $386K | ﹤0.01% |
6,000
| – | – |
|
2916
Xeris Biopharma Holdings
XERS
$1.39B
| $386K | ﹤0.01% |
65,095
-39,905
| -38% | -$160K |
|
|
GHL
2917
DELISTED
Greenhill & Co., Inc.
GHL
| $385K | ﹤0.01% |
+33,900
| New | +$386K |
|
|
REED
2918
DELISTED
Reeds, Inc. Common Stock
REED
| $385K | ﹤0.01% |
8,295
+1,531
| +23% | +$79.6K |
|
|
HBMD
2919
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $385K | ﹤0.01% |
42,920
+9,920
| +30% | +$96.4K |
|
|
AMBO
2920
Ambow Education Holding
AMBO
$5.66M
| $384K | ﹤0.01% |
7,596
+4,662
| +159% | +$114K |
|
2921
Scully Royalty
SRL
$77.3M
| $384K | ﹤0.01% |
78,270
+6,100
| +8% | +$44.3K |
|
|
XIN
2922
DELISTED
Xinyuan Real Estate
XIN
| $384K | ﹤0.01% |
20,220
-3,160
| -14% | -$65.5K |
|
2923
Electro-Sensors
ELSE
| $377K | ﹤0.01% |
108,800
+2,100
| +2% | +$7.65K |
|
2924
Gran Tierra Energy
GTE
$265M
| $376K | ﹤0.01% |
161,923
-242,456
| -60% | -$719K |
|
|
OIG
2925
DELISTED
Orbital Infrastructure Group, Inc. Common Stock
OIG
| $376K | ﹤0.01% |
15,180
-753
| -5% | -$17.8K |
|
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.