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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
AXE
3926
DELISTED
Anixter International Inc
AXE
– –
-61,679
Closed -$5.42M –
SDRL
3927
DELISTED
Seadrill Limited Common Stock
SDRL
– –
-690,898
Closed -$297K –
STML
3928
DELISTED
Stemline Therapeutics, Inc.
STML
– –
-158,213
Closed -$766K –
LTM
3929
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
– –
-554,101
Closed -$1.47M –
CSFL
3930
DELISTED
CenterState Bank Corporation Common Stock
CSFL
– –
-713,827
Closed -$12.3M –
TUES
3931
DELISTED
Tuesday Morning Corp
TUES
– –
-1,957,690
Closed -$1.13M –
TIVO
3932
DELISTED
Tivo Inc
TIVO
– –
-1,258,870
Closed -$8.91M –
LBY
3933
DELISTED
Libbey, Inc.
LBY
– –
-629,100
Closed -$321K –
OPB
3934
DELISTED
Opus Bank Common Stock
OPB
– –
-594,810
Closed -$10.3M –
AKRX
3935
DELISTED
Akorn Inc
AKRX
– –
-9,439,970
Closed -$5.3M –
WBC
3936
DELISTED
WABCO HOLDINGS INC.
WBC
– –
-691,617
Closed -$93.4M –
CTRC
3937
DELISTED
Centric Brands Inc. Common Stock
CTRC
– –
-19,906
Closed -$22K –
CORV
3938
DELISTED
Correvio Pharma Corp. Ordinary Shares (Canada)
CORV
– –
-278,400
Closed -$108K –
I
3939
DELISTED
INTELSAT S. A.
I
– –
-1,675,866
Closed -$2.56M –
JCP
3940
DELISTED
J.C. Penney Company, Inc.
JCP
– –
-5,589,511
Closed -$2.01M –
FTSI
3941
DELISTED
FTS International, Inc. Common Stock
FTSI
– –
-895
Closed -$4K –
AVH
3942
DELISTED
AVIANCA HOLDINGS S.A.
AVH
– –
-1,511,583
Closed -$1.45M –
SSI
3943
DELISTED
Stage Stores Inc
SSI
– –
-1,402,317
Closed -$510K –
AGN
3944
DELISTED
Allergan plc
AGN
– –
-7,089,144
Closed -$1.26B –
NTGN
3945
DELISTED
Neon Therapeutics, Inc. Common Stock
NTGN
– –
-52,105
Closed -$138K –
CARO
3946
DELISTED
Carolina Financial Corp.
CARO
– –
-321,681
Closed -$8.32M –
RBZ
3947
DELISTED
Reebonz Holding Limited Ordinary Shares
RBZ
– –
-35,833
Closed -$15K –
MFSF
3948
DELISTED
MutualFirst Financial Inc
MFSF
– –
-288,213
Closed -$8.13M –
TGE
3949
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
– –
-691,300
Closed -$11.4M –
CYOU
3950
DELISTED
Changyou.com Limited American Depositary Share
CYOU
– –
-1,597,527
Closed -$17.1M –

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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.