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 |
Alphabet (Google) Class A
GOOGL
|
+$546M |
| 2 |
Microsoft
MSFT
|
+$480M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$362M |
| 4 |
Meta Platforms (Facebook)
META
|
+$350M |
| 5 |
Coca-Cola
KO
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Robinhood
HOOD
|
+$1.04B |
| 2 |
Palantir
PLTR
|
+$800M |
| 3 |
Apple
AAPL
|
+$516M |
| 4 |
Netflix
NFLX
|
+$326M |
| 5 |
NVIDIA
NVDA
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.71% |
| 2 | Healthcare | 15.15% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Communication Services | 10.55% |
| 5 | Financials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
476
Array Technologies
ARRY
$578M
| $35.2M | 0.05% |
4,313,200
+2,625,400
| +156% | +$19.9M |
2025 Q2
1 quarter
|
|
477
CMS Energy
CMS
$20.5B
| $35.1M | 0.05% |
478,800
+58,500
| +14% | +$4.2M |
2023 Q4
7 quarters
|
|
478
Teekay
TK
$1.35B
| $35M | 0.05% |
4,276,575
-119,547
| -3% | -$951K |
2018 Q1
30 quarters
|
|
479
Ituran Location and Control
ITRN
$1.03B
| $34.9M | 0.05% |
976,700
-65,000
| -6% | -$2.46M |
2013 Q2
49 quarters
|
|
480
HSBC
HSBC
$317B
| $34.8M | 0.05% |
490,922
-160,300
| -25% | -$10.4M |
2017 Q3
32 quarters
|
|
481
Belden
BDC
$4.22B
| $34.8M | 0.05% |
289,355
-58,300
| -17% | -$7.34M |
2018 Q4
27 quarters
|
|
482
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $34.8M | 0.05% |
656,188
-463,912
| -41% | -$24.5M |
2023 Q3
8 quarters
|
|
483
iRadimed
IRMD
$1.1B
| $34.8M | 0.05% |
488,762
-3,050
| -0.6% | -$203K |
2017 Q3
32 quarters
|
|
484
Wheaton Precious Metals
WPM
$61.3B
| $34.5M | 0.05% |
308,767
-383,994
| -55% | -$37.5M |
2016 Q3
36 quarters
|
|
485
Griffon
GFF
$4.17B
| $34.5M | 0.05% |
452,951
-8,649
| -2% | -$667K |
2022 Q2
13 quarters
|
|
486
VICI Properties
VICI
$25.1B
| $34.2M | 0.05% |
1,048,829
+902,300
| +616% | +$29.8M |
2023 Q4
7 quarters
|
|
487
National Bank Holdings
NBHC
$1.69B
| $34.1M | 0.05% |
882,300
+18,000
| +2% | +$698K |
2014 Q3
44 quarters
|
|
488
Millicom
TIGO
$14.8B
| $34M | 0.04% |
700,634
-110,000
| -14% | -$4.83M |
2019 Q2
25 quarters
|
|
489
PepsiCo
PEP
$175B
| $33.8M | 0.04% |
240,570
+2,446
| +1% | +$349K |
2024 Q4
3 quarters
|
|
490
Vanguard Tax-Exempt Bond Index Fund
VTEB
$44.2B
| $33.7M | 0.04% |
673,900
-376,900
| -36% | -$18.5M |
2022 Q4
11 quarters
|
|
491
DHT Holdings
DHT
$4.02B
| $33.7M | 0.04% |
2,823,496
+90,851
| +3% | +$1.05M |
2017 Q1
34 quarters
|
|
492
Gerdau
GGB
$9.65B
| $33.7M | 0.04% |
10,857,148
+613,547
| +6% | +$1.86M |
2024 Q2
5 quarters
|
|
493
Johnson Controls International
JCI
$93.3B
| $33.5M | 0.04% |
305,044
+283,100
| +1,290% | +$30.3M |
2024 Q4
3 quarters
|
|
494
UDR
UDR
$10.8B
| $33.5M | 0.04% |
900,036
+56,100
| +7% | +$2.19M |
2023 Q2
9 quarters
|
|
495
Upwork
UPWK
$1.07B
| $33.5M | 0.04% |
1,802,715
-983,400
| -35% | -$14.6M |
2019 Q3
24 quarters
|
|
496
Waste Management
WM
$84B
| $33.5M | 0.04% |
+151,500
| New | +$34.1M |
2025 Q3
0 quarters
|
|
497
Houlihan Lokey
HLI
$8.77B
| $33.4M | 0.04% |
162,700
-73,400
| -31% | -$14.4M |
2023 Q4
7 quarters
|
|
498
EPAM Systems
EPAM
$5.87B
| $33.3M | 0.04% |
220,900
+93,900
| +74% | +$15.4M |
2023 Q1
10 quarters
|
|
499
Sturm, Ruger & Co
RGR
$697M
| $33.3M | 0.04% |
765,276
-400
| -0.1% | -$14.4K |
2015 Q3
40 quarters
|
|
500
Guardant Health
GH
$22.2B
| $33.2M | 0.04% |
531,847
-143,353
| -21% | -$7.8M |
2024 Q3
4 quarters
|
|
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Renaissance Technologies's Q3 2025 Portfolio in Review
As of Q3 2025, Renaissance Technologies held 4,038 positions worth $75.8B, up 0.77% from $75.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $5.41B in Q3 2025, closing 581 positions and reducing 1,457 holdings. Its most notable exit was GE Aerospace, an estimated $235M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class C worth $419M.
- Renaissance Technologies's largest Q3 2025 buy was Alphabet (Google) Class C: 1,720,002 shares worth $419M.
- Renaissance Technologies added most to Alphabet (Google) Class A in Q3 2025, an estimated $546M increase.
- Renaissance Technologies's biggest Q3 2025 reduction was Robinhood, cutting an estimated $1.04B.
- Renaissance Technologies fully exited GE Aerospace in Q3 2025, selling an estimated $235M.
- Renaissance Technologies's ten largest holdings make up 11% of its $75.8B portfolio in Q3 2025.
- Renaissance Technologies opened 515 new positions and closed 581 in Q3 2025.
- Renaissance Technologies's portfolio value rose 0.77% quarter-over-quarter to $75.8B.
Based on Renaissance Technologies's 13F filing for Q3 2025, filed 13 Nov 2025.