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 | |
|---|---|---|---|---|---|---|
2926
Solitario Resources
XPL
$68.3M
| $375K | ﹤0.01% |
937,628
+337,212
| +56% | +$131K |
|
|
NTRP
2927
DELISTED
Neurotrope, Inc. Common
NTRP
| $375K | ﹤0.01% |
337,538
+93,342
| +38% | +$107K |
|
2928
Schwab International Small-Cap Equity ETF
SCHC
$5.39B
| $374K | ﹤0.01% |
+11,500
| New | +$367K |
|
2929
ProShares UltraShort MSCI Brazil Capped
BZQ
$2.32M
| $372K | ﹤0.01% |
1,356
+625
| +85% | +$148K |
|
2930
Erie Indemnity
ERIE
$12.7B
| $372K | ﹤0.01% |
+1,771
| New | +$372K |
|
2931
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.15B
| $372K | ﹤0.01% |
4,712
-3,088
| -40% | -$247K |
|
2932
iShares Expanded Tech Sector ETF
IGM
$10B
| $371K | ﹤0.01% |
7,200
-8,400
| -54% | -$424K |
|
|
FGNX
2933
FG Nexus Inc
FGNX
$41.6M
| $368K | ﹤0.01% |
765
-3
| -0.4% | -$1.62K |
|
2934
Vanguard Materials ETF
VAW
$2.95B
| $363K | ﹤0.01% |
+2,700
| New | +$358K |
|
2935
Cerence
CRNC
$385M
| $362K | ﹤0.01% |
7,400
-152,900
| -95% | -$7.34M |
|
2936
iShares Latin America 40 ETF
ILF
$3.85B
| $362K | ﹤0.01% |
17,200
-61,600
| -78% | -$1.4M |
|
2937
Taylor Devices
TAYD
$165M
| $361K | ﹤0.01% |
38,035
+4,800
| +14% | +$47.6K |
|
|
SA
2938
Seabridge Gold
SA
$2.78B
| $359K | ﹤0.01% |
19,100
-124,062
| -87% | -$2.33M |
|
2939
iShares S&P 100 ETF
OEF
$20.1B
| $358K | ﹤0.01% |
2,300
+300
| +15% | +$46.1K |
|
2940
Value Line
VALU
$321M
| $356K | ﹤0.01% |
14,400
-400
| -3% | -$10.3K |
|
|
EEX
2941
DELISTED
Emerald Holding
EEX
| $355K | ﹤0.01% |
174,257
+53,300
| +44% | +$141K |
|
|
FFBW
2942
DELISTED
FFBW, Inc. Common Stock
FFBW
| $354K | ﹤0.01% |
37,806
+10,180
| +37% | +$87.9K |
|
2943
Usio Inc
USIO
$58.8M
| $353K | ﹤0.01% |
229,218
+90,800
| +66% | +$204K |
|
|
RELV
2944
DELISTED
Reliv International Inc
RELV
| $352K | ﹤0.01% |
102,780
-900
| -0.9% | -$3.18K |
|
2945
HBT Financial
HBT
$1.3B
| $351K | ﹤0.01% |
31,300
+17,200
| +122% | +$210K |
|
2946
Choiceone Financial
COFS
$509M
| $349K | ﹤0.01% |
+13,400
| New | +$370K |
|
2947
NovaGold Resources
NG
$2.56B
| $349K | ﹤0.01% |
29,300
-358,371
| -92% | -$3.49M |
|
2948
Direxion Daily S&P 500 Bear 1X ETF
SPDN
$221M
| $348K | ﹤0.01% |
16,700
+2,900
| +21% | +$61.6K |
|
|
NWHM
2949
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $348K | ﹤0.01% |
63,998
+36,200
| +130% | +$148K |
|
|
RNDB
2950
DELISTED
Randolph Bancorp, Inc. Common Stock
RNDB
| $346K | ﹤0.01% |
27,800
-3,092
| -10% | -$34K |
|
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.