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 | |
|---|---|---|---|---|---|---|---|
|
CSR
401
Centerspace
CSR
$933M
| $55.3M | 0.05% |
784,332
-78,000
| -9% | -$4.98M |
2014 Q3
23 quarters
|
|
402
IBM
IBM
$214B
| $55M | 0.05% |
+476,662
| New | +$55.4M |
2020 Q2
0 quarters
|
|
403
Old Republic International
ORI
$9.3B
| $54.3M | 0.05% |
3,326,490
-386,466
| -10% | -$6.1M |
2015 Q3
19 quarters
|
|
404
Caterpillar
CAT
$366B
| $53.9M | 0.05% |
+426,400
| New | +$50.6M |
2020 Q2
0 quarters
|
|
405
DTE Energy
DTE
$26.5B
| $53.5M | 0.05% |
584,680
+461,740
| +376% | +$40.9M |
2020 Q1
1 quarter
|
|
406
Lowe's Companies
LOW
$104B
| $53.4M | 0.05% |
+395,200
| New | +$45.1M |
2020 Q2
0 quarters
|
|
407
Cameco
CCJ
$37.9B
| $53.2M | 0.05% |
5,194,200
+4,772,600
| +1,132% | +$47.7M |
2017 Q3
11 quarters
|
|
408
Qualys
QLYS
$6.91B
| $53.2M | 0.05% |
511,400
+298,300
| +140% | +$31.3M |
2015 Q4
18 quarters
|
|
409
FIVE9
FIVN
$2.66B
| $52.9M | 0.05% |
477,992
+231,386
| +94% | +$22.5M |
2015 Q1
21 quarters
|
|
410
Booz Allen Hamilton
BAH
$8.82B
| $52.9M | 0.05% |
679,894
+62,594
| +10% | +$4.73M |
2019 Q3
3 quarters
|
|
411
Algonquin Power & Utilities
AQN
$3.9B
| $52.9M | 0.05% |
4,085,278
-97,400
| -2% | -$1.33M |
2017 Q3
11 quarters
|
|
412
NRG Energy
NRG
$22.4B
| $52.8M | 0.05% |
1,620,853
-1,831,516
| -53% | -$60.3M |
2016 Q4
14 quarters
|
|
413
Cisco
CSCO
$458B
| $52.7M | 0.05% |
+1,130,205
| New | +$49.6M |
2020 Q2
0 quarters
|
|
414
Oracle
ORCL
$426B
| $52.2M | 0.05% |
+944,432
| New | +$50M |
2020 Q2
0 quarters
|
|
415
Adeia
ADEA
$2.64B
| $52.2M | 0.05% |
13,356,199
+3,348,063
| +33% | +$12.7M |
2013 Q2
28 quarters
|
|
416
Onto Innovation
ONTO
$14.3B
| $51.9M | 0.04% |
1,525,752
-276,426
| -15% | -$8.99M |
2015 Q2
20 quarters
|
|
417
Microchip Technology
MCHP
$40.6B
| $51.9M | 0.04% |
+985,656
| New | +$44.3M |
2020 Q2
0 quarters
|
|
|
NAV
418
DELISTED
Navistar International
NAV
| $51.7M | 0.04% |
1,834,105
+224,200
| +14% | +$5.32M |
2018 Q3
7 quarters
|
|
|
LKFT
419
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.95B
| $51.5M | 0.04% |
261,200
+26,008
| +11% | +$5.39M |
2019 Q4
2 quarters
|
|
420
Hamilton Lane
HLNE
$4.72B
| $51.4M | 0.04% |
763,131
-59,369
| -7% | -$3.74M |
2017 Q3
11 quarters
|
|
421
Manulife Financial
MFC
$69.7B
| $51.3M | 0.04% |
3,769,714
-562,700
| -13% | -$7.08M |
2018 Q1
9 quarters
|
|
422
Global Payments
GPN
$21.8B
| $51.2M | 0.04% |
302,049
+293,700
| +3,518% | +$48.9M |
2020 Q1
1 quarter
|
|
423
Dentsply Sirona
XRAY
$1.75B
| $51.2M | 0.04% |
1,161,558
-96,000
| -8% | -$4.06M |
2018 Q1
9 quarters
|
|
|
WBA
424
DELISTED
Walgreens Boots Alliance
WBA
| $50.5M | 0.04% |
1,191,600
+1,171,700
| +5,888% | +$49.8M |
2020 Q1
1 quarter
|
|
425
Teva Pharmaceutical Industries Limited
TEVA
$48.6B
| $50.4M | 0.04% |
4,091,463
+892,431
| +28% | +$10.1M |
2018 Q1
9 quarters
|
|
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.