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 | |
|---|---|---|---|---|---|---|---|
3651
Global X MLP ETF
MLPA
$2.29B
| – | – |
-15,097
| Closed | -$285K | – |
|
3652
Milestone Scientific
MLSS
$32.6M
| – | – |
-217,400
| Closed | -$272K | – |
|
3653
Morgan Stanley
MS
$294B
| – | – |
-56,500
| Closed | -$1.92M | – |
|
3654
Midland States Bancorp
MSBI
$676M
| – | – |
-52,300
| Closed | -$915K | – |
|
3655
Motorola Solutions
MSI
$74B
| – | – |
-371,015
| Closed | -$49.3M | – |
|
3656
Match Group
MTCH
$9.53B
| – | – |
-96,000
| Closed | -$6.34M | – |
|
3657
Matrix Service
MTRX
$301M
| – | – |
-51,500
| Closed | -$488K | – |
|
3658
MasTec
MTZ
$17.4B
| – | – |
-147,300
| Closed | -$4.82M | – |
|
3659
Mueller Water Products
MWA
$3.37B
| – | – |
-496,700
| Closed | -$3.98M | – |
|
3660
MaxLinear
MXL
$8.5B
| – | – |
-411,713
| Closed | -$4.8M | – |
|
3661
MYR Group
MYRG
$4.84B
| – | – |
-12,600
| Closed | -$330K | – |
|
3662
My Size
MYSZ
$910K
| – | – |
-10
| Closed | -$27K | – |
|
3663
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$502M
| – | – |
-32,500
| Closed | -$333K | – |
|
3664
Ingevity
NGVT
$2.45B
| – | – |
-38,600
| Closed | -$1.36M | – |
|
3665
NN Inc
NNBR
$331M
| – | – |
-261,902
| Closed | -$453K | – |
|
|
NNDM
3666
Nano Dimension
NNDM
$329M
| – | – |
-12,000
| Closed | -$11K | – |
|
3667
Nokia
NOK
$56.8B
| – | – |
-3,586,680
| Closed | -$11.1M | – |
|
3668
Norfolk Southern
NSC
$71.2B
| – | – |
-2,326
| Closed | -$340K | – |
|
3669
Bank of N.T. Butterfield & Son
NTB
$2.28B
| – | – |
-102,800
| Closed | -$1.75M | – |
|
3670
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$988M
| – | – |
-20,980
| Closed | -$713K | – |
|
3671
Nuwellis
NUWE
$2.14M
| – | – |
0
| – | -$9K |
2019 Q1
5 quarters
|
|
|
OBE
3672
Obsidian Energy
OBE
$741M
| – | – |
-195,356
| Closed | -$32K | – |
|
|
OGI
3673
Organigram Holdings
OGI
$137M
| – | – |
-66,289
| Closed | -$530K | – |
|
3674
ONE Gas
OGS
$4.55B
| – | – |
-26,600
| Closed | -$2.22M | – |
|
|
ONCY
3675
Oncolytics Biotech
ONCY
$71.4M
| – | – |
-41,999
| Closed | -$58K | – |
|
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.