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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
PXH icon
3701
Invesco FTSE RAFI Emerging Markets ETF
PXH
$2.06B
– –
-12,800
Closed -$198K –
QDEL icon
3702
QuidelOrtho
QDEL
$851M
– –
-38,700
Closed -$3.79M –
QMCO icon
3703
Quantum Corp
QMCO
$1.15B
– –
-2,980
Closed -$176K –
QSR icon
3704
Restaurant Brands International
QSR
$24.6B
– –
-912,687
Closed -$36.5M –
QTRX icon
3705
Quanterix
QTRX
$152M
– –
-12,800
Closed -$235K –
RC
3706
Ready Capital
RC
$218M
– –
-83,076
Closed -$600K –
RCKT icon
3707
Rocket Pharmaceuticals
RCKT
$289M
– –
-93,600
Closed -$1.31M –
RCUS icon
3708
Arcus Biosciences
RCUS
$3.03B
– –
-261,416
Closed -$3.63M –
REI icon
3709
Ring Energy
REI
$352M
– –
-392,633
Closed -$259K –
REZI icon
3710
Resideo Technologies
REZI
$2.61B
– –
-176,500
Closed -$854K –
RIG icon
3711
Transocean
RIG
$6.19B
– –
-178,597
Closed -$207K –
RKDA icon
3712
Arcadia Biosciences
RKDA
$659K
– –
-1,102
Closed -$126K –
ROAD icon
3713
Construction Partners
ROAD
$5.01B
– –
-81,000
Closed -$1.37M –
HIND
3714
Vyome Holdings
HIND
$14.2M
– –
0
– -$28K
2020 Q1
1 quarter
RWO icon
3715
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.16B
– –
-36,500
Closed -$1.31M –
RWX icon
3716
State Street SPDR Dow Jones International Real Estate ETF
RWX
$240M
– –
-34,000
Closed -$910K –
SAP icon
3717
SAP
SAP
$245B
– –
-461,600
Closed -$51M –
FLNA
3718
Filana Therapeutics
FLNA
$39.3M
– –
-653,759
Closed -$2.69M –
SBGI icon
3719
Sinclair Inc
SBGI
$950M
– –
-798,559
Closed -$12.8M –
SBRA icon
3720
Sabra Healthcare REIT
SBRA
$4.81B
– –
-189,879
Closed -$2.07M –
SBUX icon
3721
Starbucks
SBUX
$106B
– –
-891,559
Closed -$58.6M –
SCCO icon
3722
Southern Copper
SCCO
$168B
– –
-206,493
Closed -$5.33M –
SCHA icon
3723
Schwab U.S Small- Cap ETF
SCHA
$21.7B
– –
-25,200
Closed -$325K –
SCHB icon
3724
Schwab US Broad Market ETF
SCHB
$45.1B
– –
-82,800
Closed -$834K –
SCHC icon
3725
Schwab International Small-Cap Equity ETF
SCHC
$5.51B
– –
-13,500
Closed -$329K –

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.