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 |
NVIDIA
NVDA
|
+$798M |
| 2 |
Netflix
NFLX
|
+$608M |
| 3 |
UnitedHealth
UNH
|
+$517M |
| 4 |
Apple
AAPL
|
+$461M |
| 5 |
GE Vernova
GEV
|
+$296M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$527M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Meta Platforms (Facebook)
META
|
+$362M |
| 4 |
Advanced Micro Devices
AMD
|
+$328M |
| 5 |
Palantir
PLTR
|
+$327M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.57% |
| 2 | Healthcare | 15.79% |
| 3 | Consumer Discretionary | 12.36% |
| 4 | Financials | 11.53% |
| 5 | Industrials | 8.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
426
Invitation Homes
INVH
$15.6B
| $40M | 0.05% |
1,219,083
+410,200
| +51% | +$13.8M |
2024 Q3
3 quarters
|
|
427
Blackstone
BX
$84.6B
| $39.9M | 0.05% |
266,700
+148,400
| +125% | +$20.4M |
2025 Q1
1 quarter
|
|
428
Amer Sports
AS
$16B
| $39.8M | 0.05% |
1,027,700
+395,062
| +62% | +$12.2M |
2025 Q1
1 quarter
|
|
429
FTI Consulting
FCN
$3.88B
| $39.8M | 0.05% |
246,200
+83,600
| +51% | +$13.6M |
2024 Q1
5 quarters
|
|
430
Descartes Systems
DSGX
$6.96B
| $39.6M | 0.05% |
390,000
-3,600
| -0.9% | -$380K |
2013 Q2
48 quarters
|
|
431
HSBC
HSBC
$317B
| $39.6M | 0.05% |
651,222
+256,600
| +65% | +$14.6M |
2017 Q3
31 quarters
|
|
432
BP
BP
$119B
| $39.4M | 0.05% |
1,316,600
+710,200
| +117% | +$20.8M |
2024 Q3
3 quarters
|
|
433
JB Hunt Transport Services
JBHT
$21.5B
| $39.3M | 0.05% |
273,544
+106,500
| +64% | +$14.7M |
2024 Q2
4 quarters
|
|
434
IES Holdings
IESC
$12.7B
| $39.3M | 0.05% |
265,064
-35,800
| -12% | -$4.22M |
2013 Q2
48 quarters
|
|
435
Mueller Industries
MLI
$13.4B
| $39.2M | 0.05% |
987,400
+376,000
| +61% | +$14.2M |
2021 Q1
17 quarters
|
|
436
State Street Health Care Select Sector SPDR ETF
XLV
$43.3B
| $39.1M | 0.05% |
290,000
+181,300
| +167% | +$24.5M |
2024 Q1
5 quarters
|
|
437
TFS Financial
TFSL
$4.54B
| $38.8M | 0.05% |
2,993,091
-167,500
| -5% | -$2.16M |
2013 Q2
48 quarters
|
|
438
F5
FFIV
$26.1B
| $38.4M | 0.05% |
130,562
-121,174
| -48% | -$33.5M |
2014 Q3
43 quarters
|
|
439
Limbach Holdings
LMB
$608M
| $38M | 0.05% |
270,971
-45,700
| -14% | -$5.19M |
2019 Q2
24 quarters
|
|
440
SEI Investments
SEIC
$12.4B
| $37.9M | 0.05% |
421,926
+224,100
| +113% | +$18.1M |
2017 Q2
32 quarters
|
|
441
Medtronic
MDT
$112B
| $37.7M | 0.05% |
+432,541
| New | +$36.7M |
2025 Q2
0 quarters
|
|
442
BigBear.ai
BBAI
$1.16B
| $37.7M | 0.05% |
5,547,951
+3,933,500
| +244% | +$14.2M |
2025 Q1
1 quarter
|
|
443
XPeng
XPEV
$9.15B
| $37.6M | 0.05% |
2,100,367
-639,100
| -23% | -$12.5M |
2024 Q2
4 quarters
|
|
444
Upwork
UPWK
$1.07B
| $37.4M | 0.05% |
2,786,115
+138,600
| +5% | +$1.99M |
2019 Q3
23 quarters
|
|
445
Southern Copper
SCCO
$168B
| $37.3M | 0.05% |
387,234
-15,386
| -4% | -$1.34M |
2024 Q3
3 quarters
|
|
446
CarMax
KMX
$7.64B
| $37.3M | 0.05% |
554,800
+487,300
| +722% | +$32.8M |
2024 Q3
3 quarters
|
|
447
Dynatrace
DT
$17.7B
| $37.2M | 0.05% |
673,958
-159,000
| -19% | -$7.96M |
2022 Q3
11 quarters
|
|
448
Banco de Chile
BCH
$19.6B
| $37.1M | 0.05% |
1,218,994
-62,200
| -5% | -$1.83M |
2013 Q2
48 quarters
|
|
449
Samsara
IOT
$24.1B
| $37M | 0.05% |
+931,162
| New | +$38.5M |
2025 Q2
0 quarters
|
|
450
FirstEnergy
FE
$26B
| $37M | 0.05% |
918,200
+828,992
| +929% | +$34.2M |
2024 Q3
3 quarters
|
|
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Renaissance Technologies's Q2 2025 Portfolio in Review
As of Q2 2025, Renaissance Technologies held 4,018 positions worth $75.2B, up 14% from $66.1B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies's Q2 2025 filing shows 612 new, 1,577 increased, 1,314 reduced and 496 closed positions. Its largest new stake was UnitedHealth: 1,352,129 shares worth $422M. The largest sale was Broadcom, an estimated $527M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q2 2025 buy was UnitedHealth: 1,352,129 shares worth $422M.
- Renaissance Technologies added most to NVIDIA in Q2 2025, an estimated $798M increase.
- Renaissance Technologies's biggest Q2 2025 reduction was Broadcom, cutting an estimated $527M.
- Renaissance Technologies fully exited Advanced Micro Devices in Q2 2025, selling an estimated $328M.
- Renaissance Technologies's ten largest holdings make up 12% of its $75.2B portfolio in Q2 2025.
- Renaissance Technologies opened 612 new positions and closed 496 in Q2 2025.
- Renaissance Technologies's portfolio value rose 14% quarter-over-quarter to $75.2B.
Based on Renaissance Technologies's 13F filing for Q2 2025, filed 13 Aug 2025.