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 | |
|---|---|---|---|---|---|---|---|
|
VMRK
301
Vivmark Residential
VMRK
$46.4B
| $82.5M | 0.07% |
1,402,241
+1,046,923
| +295% | +$64.9M |
2019 Q4
2 quarters
|
|
302
Mercado Libre
MELI
$94.1B
| $81.9M | 0.07% |
83,100
+13,000
| +19% | +$9.75M |
2019 Q1
5 quarters
|
|
|
WUBA
303
DELISTED
58.com Inc
WUBA
| $81.8M | 0.07% |
1,516,412
+1,031,100
| +212% | +$53.2M |
2018 Q4
6 quarters
|
|
|
AVB
304
DELISTED
AvalonBay Communities
AVB
| $81.7M | 0.07% |
528,214
+386,600
| +273% | +$61.2M |
2014 Q3
23 quarters
|
|
305
Shenandoah Telecom
SHEN
$638M
| $81.6M | 0.07% |
1,655,500
-6,200
| -0.4% | -$314K |
2013 Q2
28 quarters
|
|
306
Public Service Enterprise Group
PEG
$35.8B
| $81.5M | 0.07% |
1,657,185
-293,000
| -15% | -$14.6M |
2016 Q2
16 quarters
|
|
307
Vistra
VST
$52.4B
| $81.4M | 0.07% |
4,372,151
+1,365,160
| +45% | +$25.7M |
2017 Q4
10 quarters
|
|
308
Medpace
MEDP
$16.8B
| $81.2M | 0.07% |
873,420
+53,732
| +7% | +$4.57M |
2017 Q3
11 quarters
|
|
309
Coca-Cola Femsa
KOF
$23B
| $81.2M | 0.07% |
1,852,705
+118,500
| +7% | +$4.99M |
2013 Q2
28 quarters
|
|
310
Xcel Energy
XEL
$45.8B
| $81.2M | 0.07% |
1,298,594
-2,893,879
| -69% | -$182M |
2016 Q1
17 quarters
|
|
|
MODN
311
DELISTED
MODEL N, INC.
MODN
| $81M | 0.07% |
2,330,844
-67,700
| -3% | -$1.97M |
2014 Q2
24 quarters
|
|
312
Smith & Wesson
SWBI
$642M
| $80.9M | 0.07% |
4,893,191
+1,103,118
| +29% | +$10.2M |
2018 Q3
7 quarters
|
|
313
Perdoceo Education
PRDO
$2.09B
| $80.3M | 0.07% |
5,041,395
+54,600
| +1% | +$781K |
2013 Q2
28 quarters
|
|
314
Idacorp
IDA
$7.76B
| $80.2M | 0.07% |
917,399
-218,400
| -19% | -$19.7M |
2016 Q1
17 quarters
|
|
315
Clearway Energy Class C
CWEN
$6.15B
| $80.1M | 0.07% |
3,474,975
+185,600
| +6% | +$3.93M |
2016 Q2
16 quarters
|
|
316
Wayfair
W
$14.4B
| $79.9M | 0.07% |
404,500
+169,500
| +72% | +$25.4M |
2016 Q4
14 quarters
|
|
317
Workiva
WK
$4.01B
| $79.6M | 0.07% |
1,487,300
-10,300
| -0.7% | -$422K |
2015 Q4
18 quarters
|
|
318
Black Hills Corp
BKH
$5.83B
| $79M | 0.07% |
1,393,523
-351,900
| -20% | -$21.3M |
2018 Q2
8 quarters
|
|
|
AIV
319
Aimco
AIV
$259M
| $77.9M | 0.07% |
15,529,986
-14,578,965
| -48% | -$72.2M |
2013 Q2
28 quarters
|
|
320
TJX Companies
TJX
$153B
| $77.8M | 0.07% |
1,539,202
+802,202
| +109% | +$40.3M |
2018 Q3
7 quarters
|
|
321
FirstCash
FCFS
$9.17B
| $77.2M | 0.07% |
1,144,386
+167,800
| +17% | +$11.8M |
2015 Q1
21 quarters
|
|
322
Honeywell
HON
$65.5B
| $76.5M | 0.07% |
561,587
+285,303
| +103% | +$37.8M |
2018 Q4
6 quarters
|
|
|
LMNX
323
DELISTED
Luminex Corp
LMNX
| $76.4M | 0.07% |
2,349,142
+36,440
| +2% | +$1.15M |
2013 Q2
28 quarters
|
|
324
Clean Harbors
CLH
$16.8B
| $76M | 0.07% |
1,267,635
-235,000
| -16% | -$13.1M |
2014 Q2
24 quarters
|
|
325
Workday
WDAY
$45.3B
| $75.8M | 0.07% |
404,700
+325,400
| +410% | +$52.6M |
2020 Q1
1 quarter
|
|
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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.