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 |
Zoom
ZM
|
+$806M |
| 2 |
AbbVie
ABBV
|
+$481M |
| 3 |
T-Mobile US
TMUS
|
+$464M |
| 4 |
Kroger
KR
|
+$430M |
| 5 |
Baidu
BIDU
|
+$423M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$1.35B |
| 2 |
AGN
Allergan plc
AGN
|
+$1.26B |
| 3 |
S
Sprint Corporation
S
|
+$675M |
| 4 |
Amgen
AMGN
|
+$488M |
| 5 |
Humana
HUM
|
+$450M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.76% |
| 2 | Technology | 16.41% |
| 3 | Consumer Staples | 10.58% |
| 4 | Consumer Discretionary | 10.12% |
| 5 | Communication Services | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
276
Acuity Brands
AYI
$8.99B
| $88.5M | 0.08% |
923,916
-57,800
| -6% | -$5.08M |
2018 Q4
6 quarters
|
|
277
Liberty Global Class C
LBTYK
$2.98B
| $88.3M | 0.08% |
4,106,835
+3,041,420
| +285% | +$60.7M |
2019 Q4
2 quarters
|
|
278
Mettler-Toledo International
MTD
$30.6B
| $88.3M | 0.08% |
109,628
-14,022
| -11% | -$10.4M |
2019 Q4
2 quarters
|
|
279
Waste Management
WM
$84B
| $88.1M | 0.08% |
831,700
+358,011
| +76% | +$36.1M |
2020 Q1
1 quarter
|
|
280
Liberty Global Class A
LBTYA
$3.05B
| $87.9M | 0.08% |
4,021,314
+1,230,887
| +44% | +$25.4M |
2018 Q3
7 quarters
|
|
281
Capitol Federal Financial
CFFN
$1.04B
| $87.1M | 0.08% |
7,908,795
-296,700
| -4% | -$3.4M |
2013 Q2
28 quarters
|
|
282
InterDigital
IDCC
$8.47B
| $86.7M | 0.07% |
1,531,567
-67,200
| -4% | -$3.57M |
2013 Q2
28 quarters
|
|
283
Avista
AVA
$2.97B
| $86.7M | 0.07% |
2,381,522
-381,043
| -14% | -$15.1M |
2018 Q1
9 quarters
|
|
|
CSGS
284
DELISTED
CSG Systems International
CSGS
| $86.1M | 0.07% |
2,079,456
-164,900
| -7% | -$7.55M |
2013 Q2
28 quarters
|
|
285
Steel Dynamics
STLD
$33.6B
| $85.9M | 0.07% |
3,293,785
+331,600
| +11% | +$8.29M |
2018 Q4
6 quarters
|
|
286
Republic Services
RSG
$66.4B
| $85.4M | 0.07% |
1,041,161
-253,044
| -20% | -$20.4M |
2019 Q3
3 quarters
|
|
|
TXNM
287
TXNM Energy Inc
TXNM
$6.45B
| $85M | 0.07% |
2,210,600
-1,168,500
| -35% | -$46.7M |
2013 Q2
28 quarters
|
|
288
Alphabet (Google) Class C
GOOG
$4.22T
| $84.9M | 0.07% |
1,201,700
-1,888,000
| -61% | -$127M |
2019 Q4
2 quarters
|
|
289
Valvoline
VVV
$3.94B
| $84.4M | 0.07% |
4,365,851
-571,673
| -12% | -$9.7M |
2019 Q2
4 quarters
|
|
290
Repligen
RGEN
$10.4B
| $83.8M | 0.07% |
678,033
+299,300
| +79% | +$35.2M |
2018 Q4
6 quarters
|
|
291
Rayonier
RYN
$5.53B
| $83.8M | 0.07% |
3,725,760
-628,601
| -14% | -$13.7M |
2013 Q2
28 quarters
|
|
292
CorVel
CRVL
$3.86B
| $83.5M | 0.07% |
3,534,930
-241,827
| -6% | -$4.76M |
2013 Q2
28 quarters
|
|
293
RELX
RELX
$61.2B
| $83.5M | 0.07% |
3,545,100
+247,100
| +7% | +$5.65M |
2014 Q3
23 quarters
|
|
294
Douglas Emmett
DEI
$1.66B
| $83.4M | 0.07% |
2,720,709
-1,161,900
| -30% | -$34.8M |
2014 Q3
23 quarters
|
|
295
PLDT
PHI
$3.95B
| $83.1M | 0.07% |
3,402,654
+144,100
| +4% | +$3.42M |
2013 Q2
28 quarters
|
|
|
WNS
296
DELISTED
WNS Holdings
WNS
| $82.9M | 0.07% |
1,508,000
-157,400
| -9% | -$7.51M |
2013 Q2
28 quarters
|
|
|
AZPN
297
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $82.9M | 0.07% |
799,703
-302,100
| -27% | -$31.3M |
2013 Q2
28 quarters
|
|
298
Sabesp
SBS
$23.2B
| $82.8M | 0.07% |
40,633,114
-6,613,240
| -14% | -$11.1M |
2016 Q1
17 quarters
|
|
299
Kimberly-Clark
KMB
$32.5B
| $82.7M | 0.07% |
585,175
+24,260
| +4% | +$3.35M |
2020 Q1
1 quarter
|
|
300
Tandem Diabetes Care
TNDM
$1.09B
| $82.6M | 0.07% |
835,428
+340,500
| +69% | +$27.2M |
2015 Q1
21 quarters
|
|
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Renaissance Technologies's Q2 2020 Portfolio in Review
As of Q2 2020, Renaissance Technologies held 3,987 positions worth $116B, up 13% from $103B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Renaissance Technologies withdrew a net $8.24B in Q2 2020, closing 596 positions and reducing 1,365 holdings. Its most notable exit was Allergan plc, an estimated $1.26B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, down from 26% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Uber worth $187M.
- Renaissance Technologies's largest Q2 2020 buy was Uber: 6,030,316 shares worth $187M.
- Renaissance Technologies added most to Zoom in Q2 2020, an estimated $806M increase.
- Renaissance Technologies's biggest Q2 2020 reduction was Bristol-Myers Squibb, cutting an estimated $1.35B.
- Renaissance Technologies fully exited Allergan plc in Q2 2020, selling an estimated $1.26B.
- Renaissance Technologies's ten largest holdings make up 14% of its $116B portfolio in Q2 2020.
- Renaissance Technologies opened 584 new positions and closed 596 in Q2 2020.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $116B.
Based on Renaissance Technologies's 13F filing for Q2 2020, filed 13 Aug 2020.