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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
VNE
3876
DELISTED
Veoneer, Inc.
VNE
– –
-35,000
Closed -$256K –
INFO
3877
DELISTED
IHS Markit Ltd. Common Shares
INFO
– –
-585,266
Closed -$35.1M –
RRD
3878
DELISTED
RR Donnelley & Sons Co.
RRD
– –
-303,206
Closed -$291K –
BXRX
3879
DELISTED
Baudax Bio, Inc. Common Stock
BXRX
– –
-11
Closed -$37K –
SC
3880
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
– –
-343,000
Closed -$4.77M –
TGP
3881
DELISTED
Teekay LNG Partners L.P.
TGP
– –
-56,083
Closed -$549K –
ATH
3882
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
– –
-255,280
Closed -$6.34M –
CXP
3883
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
– –
-671,108
Closed -$8.39M –
CVA
3884
DELISTED
Covanta Holding Corporation
CVA
– –
-1,172,031
Closed -$10M –
INOV
3885
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
– –
-193,800
Closed -$3.23M –
FLXN
3886
DELISTED
Flexion Therapeutics, Inc.
FLXN
– –
-12,700
Closed -$100K –
SVBI
3887
DELISTED
Severn Bancorp Inc/MD
SVBI
– –
-11,300
Closed -$73K –
NNA
3888
DELISTED
Navios Maritime Acquisition Corporation
NNA
– –
-28,702
Closed -$138K –
TRMT
3889
DELISTED
Tremont Mortgage Trust Common Shares of Beneficial Interest
TRMT
– –
-52,946
Closed -$111K –
USCR
3890
DELISTED
U S Concrete, Inc.
USCR
– –
-36,600
Closed -$664K –
BPYU
3891
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
– –
-150,100
Closed -$1.27M –
BPY
3892
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
– –
-915,700
Closed -$7.38M –
HOME
3893
DELISTED
At Home Group Inc.
HOME
– –
-13,558
Closed -$27K –
WORK
3894
DELISTED
Slack Technologies, Inc.
WORK
– –
-129,300
Closed -$3.47M –
DSSI
3895
DELISTED
Diamond S Shipping Inc. Common Shares
DSSI
– –
-47,300
Closed -$559K –
MSGN
3896
DELISTED
MSG Networks Inc.
MSGN
– –
-257,600
Closed -$2.63M –
WTRE
3897
DELISTED
Watford Holdings Ltd. Common Shares
WTRE
– –
-21,400
Closed -$314K –
LINX
3898
DELISTED
Linx S.A.
LINX
– –
-65,500
Closed -$212K –
APHA
3899
DELISTED
Aphria Inc. Common Shares
APHA
– –
-450,159
Closed -$1.37M –
MIK
3900
DELISTED
Michaels Stores, Inc
MIK
– –
-1,790,050
Closed -$2.9M –

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.