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 | |
|---|---|---|---|---|---|---|---|
476
BJs Wholesale Club
BJ
$12.5B
| $43.7M | 0.04% |
+1,172,900
| New | +$36M |
2020 Q2
0 quarters
|
|
477
Alliant Energy
LNT
$17B
| $43.6M | 0.04% |
911,304
-340,100
| -27% | -$16.6M |
2017 Q1
13 quarters
|
|
|
THS
478
DELISTED
Treehouse Foods
THS
| $43.4M | 0.04% |
991,600
+896,400
| +942% | +$43.7M |
2020 Q1
1 quarter
|
|
479
Shutterstock
SSTK
$164M
| $43.3M | 0.04% |
1,237,401
+285,501
| +30% | +$10.3M |
2017 Q4
10 quarters
|
|
480
Baxter International
BAX
$12.4B
| $43M | 0.04% |
499,500
+447,798
| +866% | +$39M |
2020 Q1
1 quarter
|
|
|
PFPT
481
DELISTED
Proofpoint, Inc.
PFPT
| $42.9M | 0.04% |
386,200
+205,800
| +114% | +$23.5M |
2016 Q4
14 quarters
|
|
482
Calix
CALX
$2.27B
| $42.5M | 0.04% |
2,855,100
-149,118
| -5% | -$1.71M |
2013 Q2
28 quarters
|
|
483
National Bank Holdings
NBHC
$1.69B
| $42.4M | 0.04% |
1,570,500
+48,900
| +3% | +$1.25M |
2014 Q3
23 quarters
|
|
484
NewMarket
NEU
$8.31B
| $42M | 0.04% |
104,800
+14,200
| +16% | +$5.86M |
2018 Q4
6 quarters
|
|
|
CCF
485
DELISTED
Chase Corporation
CCF
| $41.9M | 0.04% |
408,700
+3,100
| +0.8% | +$290K |
2013 Q2
28 quarters
|
|
486
Central Garden & Pet Co Class A
CENTA
$2.19B
| $41.8M | 0.04% |
1,546,125
+91,375
| +6% | +$2.29M |
2013 Q2
28 quarters
|
|
|
VRE
487
DELISTED
Veris Residential
VRE
| $41.5M | 0.04% |
2,711,721
-1,081,779
| -29% | -$16.8M |
2013 Q2
28 quarters
|
|
|
DOCU
488
DocuSign
DOCU
$13.4B
| $41.4M | 0.04% |
240,200
+174,500
| +266% | +$22M |
2019 Q3
3 quarters
|
|
489
Post Holdings
POST
$3.36B
| $41.3M | 0.04% |
720,758
+181,985
| +34% | +$10.6M |
2015 Q3
19 quarters
|
|
490
GeoPark
GPRK
$743M
| $41.2M | 0.04% |
4,205,130
-183,862
| -4% | -$1.65M |
2015 Q2
20 quarters
|
|
491
Bunge Global
BG
$20.7B
| $41.1M | 0.04% |
999,954
+281,028
| +39% | +$10.9M |
2016 Q1
17 quarters
|
|
|
MNR
492
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $40.4M | 0.03% |
2,791,000
-400,700
| -13% | -$5.2M |
2014 Q3
23 quarters
|
|
|
UHT
493
Universal Health Realty Income Trust
UHT
$522M
| $40.4M | 0.03% |
508,510
-42,100
| -8% | -$3.96M |
2014 Q3
23 quarters
|
|
494
DaVita
DVA
$11.3B
| $40.4M | 0.03% |
510,322
-348,900
| -41% | -$27.2M |
2019 Q3
3 quarters
|
|
495
Travere Therapeutics
TVTX
$4.91B
| $40.4M | 0.03% |
1,978,488
+779,700
| +65% | +$12.4M |
2019 Q1
5 quarters
|
|
|
RPAI
496
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $40.3M | 0.03% |
5,510,166
-1,066,055
| -16% | -$6.14M |
2014 Q3
23 quarters
|
|
497
Apple Hospitality REIT
APLE
$3.83B
| $40.2M | 0.03% |
4,165,788
-227,300
| -5% | -$2.16M |
2016 Q3
15 quarters
|
|
498
Unitil
UTL
$955M
| $40.2M | 0.03% |
897,028
-47,823
| -5% | -$2.34M |
2013 Q2
28 quarters
|
|
499
Moody's
MCO
$79.4B
| $40.2M | 0.03% |
146,200
-311,422
| -68% | -$79.1M |
2019 Q3
3 quarters
|
|
500
Chevron
CVX
$415B
| $40M | 0.03% |
+448,084
| New | +$40.1M |
2020 Q2
0 quarters
|
|
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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.