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Renaissance Technologies

Renaissance Technologies Portfolio holdings

AUM $72.6B
1-Year Est. Return 54.88%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+30.27%
1 Year Est. Return
+54.88%
3 Year Est. Return
+169.34%
5 Year Est. Return
+186.18%
10 Year Est. Return
+887.93%
AUM
$116B
AUM Growth
+$12.9B
Cap. Flow
-$8.24B
Cap. Flow %
-7.11%
Top 10 Hldgs %
14.35%
Holding
3,987
New
584
Increased
1,418
Reduced
1,365
Closed
596
Avg Time Held
10.7 quarters
Top 10 Avg Time Held
3.9 quarters
Top 20 Avg Time Held
6 quarters

Top Buys

Rank Stock Value
1
ZM icon
Zoom
ZM
+$806M
2
ABBV icon
AbbVie
ABBV
+$481M
3
TMUS icon
T-Mobile US
TMUS
+$464M
4
KR icon
Kroger
KR
+$430M
5
BIDU icon
Baidu
BIDU
+$423M

Top Sells

Rank Stock Value
1
BMY icon
Bristol-Myers Squibb
BMY
+$1.35B
2
AGN
Allergan plc
AGN
+$1.26B
3
S
Sprint Corporation
S
+$675M
4
AMGN icon
Amgen
AMGN
+$488M
5
HUM icon
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
LIVN icon
3626
LivaNova
LIVN
$4.18B
– –
-118,194
Closed -$5.35M –
LKQ icon
3627
LKQ Corp
LKQ
$5.57B
– –
-179,660
Closed -$3.69M –
LOVE
3628
LoveSac
LOVE
$210M
– –
-17,676
Closed -$103K –
LPL icon
3629
LG Display
LPL
$2.85B
– –
-33,286
Closed -$148K –
LPLA icon
3630
LPL Financial
LPLA
$25.8B
– –
-16,100
Closed -$876K –
LUMN icon
3631
Lumen Technologies, Inc. Common Stock
LUMN
$5.73B
– –
-660,657
Closed -$6.25M –
LUV icon
3632
Southwest Airlines
LUV
$20.2B
– –
-3,485,300
Closed -$124M –
LYB icon
3633
LyondellBasell Industries
LYB
$19.5B
– –
-98,300
Closed -$4.88M –
M icon
3634
Macy's
M
$5.95B
– –
-3,174,564
Closed -$15.6M –
MARA icon
3635
Marathon Digital Holdings
MARA
$3.83B
– –
-16,100
Closed -$7K –
MAT icon
3636
Mattel
MAT
$4.74B
– –
-269,900
Closed -$2.38M –
MCD icon
3637
McDonald's
MCD
$168B
– –
-447,864
Closed -$74.1M –
MCRI icon
3638
Monarch Casino & Resort
MCRI
$2.07B
– –
-119,103
Closed -$3.34M –
MDB icon
3639
MongoDB
MDB
$29.9B
– –
-97,300
Closed -$13.3M –
MDIV icon
3640
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$409M
– –
-49,300
Closed -$578K –
MDIA icon
3641
Mediaco Holding
MDIA
$87.4M
– –
-17,265
Closed -$73K –
MESO
3642
Mesoblast
MESO
$1.79B
– –
-106,329
Closed -$931K –
RJET
3643
Republic Airways Holdings
RJET
$810M
– –
-39,945
Closed -$1.97M –
MGM icon
3644
MGM Resorts International
MGM
$7.55B
– –
-828,541
Closed -$9.78M –
MGNX icon
3645
MacroGenics
MGNX
$226M
– –
-468,123
Closed -$2.72M –
MGY icon
3646
Magnolia Oil & Gas
MGY
$6.59B
– –
-108,300
Closed -$433K –
MIDD icon
3647
Middleby
MIDD
$4.77B
– –
-117,770
Closed -$6.7M –
MIST icon
3648
Milestone Pharmaceuticals
MIST
$88.7M
– –
-10,242
Closed -$19K –
MKSI icon
3649
MKS Inc
MKSI
$17.6B
– –
-257,020
Closed -$20.9M –
MLI icon
3650
Mueller Industries
MLI
$13.4B
– –
-360,400
Closed -$2.16M –

Similar funds

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.