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 |
Microsoft
MSFT
|
+$276M |
| 2 |
Procter & Gamble
PG
|
+$243M |
| 3 |
Analog Devices
ADI
|
+$188M |
| 4 |
Advanced Micro Devices
AMD
|
+$171M |
| 5 |
Home Depot
HD
|
+$162M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.95B |
| 2 |
Bristol-Myers Squibb
BMY
|
+$778M |
| 3 |
Walmart Inc
WMT
|
+$723M |
| 4 |
Zoom
ZM
|
+$642M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 22.93% |
| 2 | Technology | 16.65% |
| 3 | Consumer Staples | 12.19% |
| 4 | Consumer Discretionary | 9.52% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CSR
401
Centerspace
CSR
$928M
| $47.3M | 0.05% |
726,032
-58,300
| -7% | -$4.09M |
|
402
Enanta Pharmaceuticals
ENTA
$368M
| $47.1M | 0.05% |
1,029,000
+86,100
| +9% | +$4.17M |
|
403
Petrobras Class A
PBR.A
$110B
| $47.1M | 0.05% |
6,687,119
-2,548,000
| -28% | -$21.2M |
|
404
Equifax
EFX
$20.5B
| $46.9M | 0.05% |
298,795
+214,100
| +253% | +$35.1M |
|
405
UnitedHealth
UNH
$380B
| $46.8M | 0.05% |
150,226
-2,200
| -1% | -$676K |
|
|
VIVO
406
DELISTED
Meridian Bioscience Inc
VIVO
| $46.6M | 0.05% |
2,743,812
-270,152
| -9% | -$5.25M |
|
407
Douglas Emmett
DEI
$1.98B
| $46.5M | 0.05% |
1,851,994
-868,715
| -32% | -$24.5M |
|
408
Angi Inc
ANGI
$226M
| $46.5M | 0.05% |
418,854
-126,426
| -23% | -$17.4M |
|
409
Aflac
AFL
$65.1B
| $46M | 0.05% |
1,265,120
+538,820
| +74% | +$19.6M |
|
410
Annaly Capital Management
NLY
$17.1B
| $46M | 0.05% |
1,613,906
-245,885
| -13% | -$7.12M |
|
411
Monolithic Power Systems
MPWR
$70.1B
| $45.9M | 0.05% |
164,286
+47,500
| +41% | +$12.4M |
|
412
AB InBev
BUD
$167B
| $45.8M | 0.05% |
849,776
-1,360,400
| -62% | -$75.4M |
|
|
LVGO
413
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $45.7M | 0.05% |
+326,500
| New | +$39.8M |
|
414
Louisiana-Pacific
LPX
$5.07B
| $45.6M | 0.05% |
1,546,355
-713,800
| -32% | -$21.9M |
|
|
HTO
415
H2O America
HTO
$2.59B
| $45.1M | 0.05% |
740,500
-163,800
| -18% | -$10.4M |
|
|
CHU
416
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $45M | 0.04% |
6,878,635
+372,300
| +6% | +$2.44M |
|
417
America Movil
AMX
$76.5B
| $44.8M | 0.04% |
3,588,249
-1,252,200
| -26% | -$15.9M |
|
418
Central Garden & Pet Co Class A
CENTA
$2.38B
| $44.7M | 0.04% |
1,546,000
-125
| -0% | -$3.59K |
|
|
CLGX
419
DELISTED
Corelogic, Inc.
CLGX
| $44.4M | 0.04% |
655,486
+475,390
| +264% | +$32M |
|
420
Pultegroup
PHM
$24.2B
| $44.3M | 0.04% |
957,067
-1,130,300
| -54% | -$48.4M |
|
421
Roku
ROKU
$21.6B
| $44.3M | 0.04% |
+234,400
| New | +$37.1M |
|
422
Watsco Inc
WSO
$12.7B
| $44.1M | 0.04% |
189,268
+56,126
| +42% | +$12.6M |
|
423
Ross Stores
ROST
$80.7B
| $43.9M | 0.04% |
470,828
+212,400
| +82% | +$19.1M |
|
424
Boston Properties
BXP
$11.3B
| $43.8M | 0.04% |
545,200
+14,800
| +3% | +$1.29M |
|
425
Carrier Global
CARR
$51.2B
| $43.5M | 0.04% |
1,425,381
+842,481
| +145% | +$23.8M |
|
Similar funds
Renaissance Technologies's Q3 2020 Portfolio in Review
As of Q3 2020, Renaissance Technologies held 3,879 positions worth $100B, down 14% from $116B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Renaissance Technologies withdrew a net $21.7B in Q3 2020, closing 544 positions and reducing 1,671 holdings. Its most notable exit was Alibaba, an estimated $426M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 23% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Microsoft worth $277M.
- Renaissance Technologies's largest Q3 2020 buy was Microsoft: 1,315,812 shares worth $277M.
- Renaissance Technologies added most to Procter & Gamble in Q3 2020, an estimated $243M increase.
- Renaissance Technologies's biggest Q3 2020 reduction was Tesla, cutting an estimated $1.95B.
- Renaissance Technologies fully exited Alibaba in Q3 2020, selling an estimated $426M.
- Renaissance Technologies's ten largest holdings make up 15% of its $100B portfolio in Q3 2020.
- Renaissance Technologies opened 490 new positions and closed 544 in Q3 2020.
- Renaissance Technologies's portfolio value fell 14% quarter-over-quarter to $100B.
Based on Renaissance Technologies's 13F filing for Q3 2020, filed 13 Nov 2020.