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 |
Costco
COST
|
+$616M |
| 2 |
Netflix
NFLX
|
+$481M |
| 3 |
Micron Technology
MU
|
+$416M |
| 4 |
Tesla
TSLA
|
+$416M |
| 5 |
Procter & Gamble
PG
|
+$322M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$885M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$660M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$463M |
| 4 |
Applovin
APP
|
+$430M |
| 5 |
Meta Platforms (Facebook)
META
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.84% |
| 2 | Healthcare | 15.76% |
| 3 | Consumer Discretionary | 13.86% |
| 4 | Industrials | 9.95% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Ford
F
$48B
| $324M | 0.5% |
24,730,852
-10,374,857
| -30% | -$134M |
2022 Q4
12 quarters
|
|
27
Rivian
RIVN
$20.3B
| $323M | 0.5% |
16,397,496
+4,012,386
| +32% | +$63.7M |
2025 Q2
2 quarters
|
|
28
Neurocrine Biosciences
NBIX
$14.3B
| $318M | 0.49% |
2,238,797
-179,500
| -7% | -$26M |
2018 Q4
28 quarters
|
|
29
DoorDash
DASH
$81.9B
| $300M | 0.46% |
1,322,835
-634,366
| -32% | -$149M |
2021 Q2
18 quarters
|
|
30
Etsy
ETSY
$6.8B
| $298M | 0.46% |
5,367,442
-636,399
| -11% | -$38.8M |
2023 Q1
11 quarters
|
|
|
SNDK
31
Sandisk
SNDK
$236B
| $287M | 0.45% |
1,209,000
+373,800
| +45% | +$74.9M |
2025 Q2
2 quarters
|
|
32
Cboe Global Markets
CBOE
$30.5B
| $286M | 0.44% |
1,139,406
-203,518
| -15% | -$50.6M |
2013 Q2
50 quarters
|
|
33
Advanced Micro Devices
AMD
$1.03T
| $268M | 0.42% |
1,264,310
+740,863
| +142% | +$166M |
2025 Q3
1 quarter
|
|
34
Zoom
ZM
$27.4B
| $266M | 0.41% |
3,078,504
-926,644
| -23% | -$78M |
2020 Q1
23 quarters
|
|
35
UnitedHealth
UNH
$333B
| $263M | 0.41% |
796,750
+42,924
| +6% | +$14.5M |
2025 Q2
2 quarters
|
|
36
Medpace
MEDP
$16.6B
| $262M | 0.41% |
465,908
-27,680
| -6% | -$15.7M |
2017 Q3
33 quarters
|
|
37
Allison Transmission
ALSN
$8.82B
| $254M | 0.39% |
2,599,097
-435,027
| -14% | -$38.1M |
2013 Q3
49 quarters
|
|
38
Adobe
ADBE
$92.8B
| $254M | 0.39% |
725,003
-231,666
| -24% | -$78.8M |
2025 Q1
3 quarters
|
|
|
P
39
Everpure Inc
P
$51.6B
| $252M | 0.39% |
3,757,034
-75,678
| -2% | -$6.32M |
2021 Q4
16 quarters
|
|
40
Sterling Infrastructure
STRL
$16.1B
| $246M | 0.38% |
803,194
-110,160
| -12% | -$38M |
2013 Q2
50 quarters
|
|
41
Dropbox
DBX
$7.26B
| $233M | 0.36% |
8,376,364
-1,007,934
| -11% | -$29.4M |
2019 Q1
27 quarters
|
|
42
Opendoor
OPEN
$2.16B
| $229M | 0.36% |
39,330,438
+12,359,301
| +46% | +$88.6M |
2022 Q2
14 quarters
|
|
43
Vertex Pharmaceuticals
VRTX
$127B
| $229M | 0.36% |
505,048
-230,840
| -31% | -$99.5M |
2017 Q1
35 quarters
|
|
44
Boston Scientific
BSX
$60.4B
| $227M | 0.35% |
2,382,705
+1,465,600
| +160% | +$144M |
2025 Q1
3 quarters
|
|
45
GE Vernova
GEV
$268B
| $226M | 0.35% |
345,390
-370,892
| -52% | -$226M |
2024 Q3
5 quarters
|
|
46
Sprouts Farmers Market
SFM
$6.05B
| $221M | 0.34% |
2,779,874
-1,303,970
| -32% | -$117M |
2016 Q2
38 quarters
|
|
47
T-Mobile US
TMUS
$182B
| $220M | 0.34% |
1,083,807
+837,200
| +339% | +$177M |
2025 Q1
3 quarters
|
|
48
Colgate-Palmolive
CL
$69.9B
| $219M | 0.34% |
2,769,433
-451,816
| -14% | -$35.4M |
2013 Q2
50 quarters
|
|
|
49
Applovin
APP
$92.5B
| $215M | 0.33% |
318,821
-682,611
| -68% | -$430M |
2023 Q4
8 quarters
|
|
50
Coca-Cola
KO
$375B
| $211M | 0.33% |
3,014,392
-859,109
| -22% | -$59.9M |
2024 Q3
5 quarters
|
|
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Renaissance Technologies's Q4 2025 Portfolio in Review
As of Q4 2025, Renaissance Technologies held 3,923 positions worth $64.5B, down 15% from $75.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $10.1B in Q4 2025, closing 736 positions and reducing 1,682 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $354M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in ServiceNow worth $204M.
- Renaissance Technologies's largest Q4 2025 buy was ServiceNow: 1,331,977 shares worth $204M.
- Renaissance Technologies added most to Costco in Q4 2025, an estimated $616M increase.
- Renaissance Technologies's biggest Q4 2025 reduction was NVIDIA, cutting an estimated $885M.
- Renaissance Technologies fully exited Meta Platforms (Facebook) in Q4 2025, selling an estimated $354M.
- Renaissance Technologies's ten largest holdings make up 12% of its $64.5B portfolio in Q4 2025.
- Renaissance Technologies opened 466 new positions and closed 736 in Q4 2025.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $64.5B.
Based on Renaissance Technologies's 13F filing for Q4 2025, filed 12 Feb 2026.