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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
PRSU
3826
Pursuit Attractions and Hospitality Inc
PRSU
$1.43B
– –
-44,600
Closed -$947K –
ATSG
3827
DELISTED
Air Transport Services Group
ATSG
– –
-12,700
Closed -$232K –
ITCI
3828
DELISTED
Intra-Cellular Therapies Inc.
ITCI
– –
-151,400
Closed -$2.33M –
FBMS
3829
DELISTED
The First Bancshares, Inc.
FBMS
– –
-10,300
Closed -$196K –
SILV
3830
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
– –
-12,000
Closed -$63K –
SUM
3831
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
– –
-37,237
Closed -$549K –
RVNC
3832
DELISTED
Revance Therapeutics, Inc.
RVNC
– –
-472,700
Closed -$7M –
FNCB
3833
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
– –
-11,500
Closed -$79K –
SIX
3834
DELISTED
Six Flags Entertainment Corp.
SIX
– –
-1,398,200
Closed -$17.5M –
THMO
3835
DELISTED
ThermoGenesis Holdings, Inc. Common Stock
THMO
– –
-3,184
Closed -$501K –
DCPH
3836
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
– –
-418,600
Closed -$17.2M –
SWAV
3837
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
– –
-25,200
Closed -$836K –
AMJ
3838
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
– –
-60,300
Closed -$545K –
ICD
3839
DELISTED
Independence Contract Drilling, Inc.
ICD
– –
-58,295
Closed -$82K –
EIGR
3840
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
– –
-9,039
Closed -$1.84M –
VJET
3841
DELISTED
VOXELJET AG American Depositary Shares (each representing one Ordinary Share)
VJET
– –
-18,993
Closed -$83K –
AYX
3842
DELISTED
Alteryx Inc
AYX
– –
-324,098
Closed -$30.8M –
KRTX
3843
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
– –
-28,000
Closed -$2.02M –
NEPT
3844
DELISTED
Neptune Wellness Solutions Inc. Ordinary Shares
NEPT
– –
-417
Closed -$686K –
SIEN
3845
DELISTED
Sientra, Inc.
SIEN
– –
-21,050
Closed -$419K –
BETS
3846
DELISTED
Bit Brother Limited Class A Ordinary Shares
BETS
– –
0
– -$9K
2019 Q2
4 quarters
TBLT
3847
DELISTED
ToughBuilt Industries, Inc. Common Stock
TBLT
– –
0
– -$3K
2020 Q1
1 quarter
ARCE
3848
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
– –
-78,000
Closed -$3.3M –
PACW
3849
DELISTED
PacWest Bancorp
PACW
– –
-31,000
Closed -$556K –
SCU
3850
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
– –
-19,600
Closed -$265K –

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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.