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 | |
|---|---|---|---|---|---|---|---|
526
Sysco
SYY
$38.5B
| $37M | 0.03% |
676,335
-749,265
| -53% | -$39.4M |
2015 Q3
19 quarters
|
|
527
Las Vegas Sands
LVS
$23.4B
| $36.9M | 0.03% |
+810,800
| New | +$38.1M |
2020 Q2
0 quarters
|
|
|
NXH
528
Neighborhood Intelligence Inc
NXH
$189M
| $36.7M | 0.03% |
+1,420,870
| New | +$20.9M |
2020 Q2
0 quarters
|
|
529
UGI
UGI
$7.92B
| $36.7M | 0.03% |
1,153,845
-1,222,664
| -51% | -$37.1M |
2013 Q3
27 quarters
|
|
530
Ennis
EBF
$576M
| $36.7M | 0.03% |
2,022,182
+111,200
| +6% | +$1.96M |
2015 Q1
21 quarters
|
|
|
IMOS
531
ChipMOS TECHNOLOGIES
IMOS
$2.63B
| $36.7M | 0.03% |
1,617,900
+30,600
| +2% | +$627K |
2013 Q2
28 quarters
|
|
|
SRDX
532
DELISTED
Surmodics
SRDX
| $36.4M | 0.03% |
842,600
-15,600
| -2% | -$590K |
2013 Q2
28 quarters
|
|
533
TechTarget
TTGT
$297M
| $36.4M | 0.03% |
1,213,200
+177,500
| +17% | +$4.48M |
2013 Q2
28 quarters
|
|
534
Live Nation Entertainment
LYV
$39.9B
| $36.2M | 0.03% |
+816,866
| New | +$35.8M |
2020 Q2
0 quarters
|
|
535
Invitation Homes
INVH
$15.6B
| $36.1M | 0.03% |
1,311,621
-6,185,283
| -83% | -$155M |
2018 Q3
7 quarters
|
|
|
DOOR
536
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $36.1M | 0.03% |
463,600
-74,300
| -14% | -$4.51M |
2015 Q1
21 quarters
|
|
537
Lamar Advertising Co
LAMR
$14.8B
| $35.8M | 0.03% |
536,542
-1,142,618
| -68% | -$69.8M |
2016 Q4
14 quarters
|
|
538
Tower Semiconductor
TSEM
$25.9B
| $35.8M | 0.03% |
1,873,386
-111,500
| -6% | -$2.13M |
2016 Q1
17 quarters
|
|
539
Banco de Chile
BCH
$19.6B
| $35.7M | 0.03% |
2,024,454
+44,200
| +2% | +$777K |
2013 Q2
28 quarters
|
|
540
Melco Resorts & Entertainment
MLCO
$1.59B
| $35.5M | 0.03% |
2,289,665
-1,475,300
| -39% | -$22.8M |
2017 Q1
13 quarters
|
|
541
e.l.f. Beauty
ELF
$6.25B
| $35.5M | 0.03% |
1,861,600
+393,600
| +27% | +$5.63M |
2019 Q1
5 quarters
|
|
|
CHU
542
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $35.5M | 0.03% |
6,506,335
+653,965
| +11% | +$3.98M |
2014 Q4
22 quarters
|
|
|
SVM
543
Silvercorp Metals
SVM
$2.28B
| $35.4M | 0.03% |
6,584,996
-879,699
| -12% | -$3.7M |
2017 Q2
12 quarters
|
|
544
Advanced Drainage Systems
WMS
$9.52B
| $35.3M | 0.03% |
715,037
+61,100
| +9% | +$2.51M |
2018 Q4
6 quarters
|
|
545
Sherwin-Williams
SHW
$77.9B
| $35.3M | 0.03% |
+183,300
| New | +$33M |
2020 Q2
0 quarters
|
|
546
Ormat Technologies
ORA
$5.45B
| $35.3M | 0.03% |
555,357
-171,343
| -24% | -$11.2M |
2013 Q2
28 quarters
|
|
|
RDFN
547
DELISTED
Redfin
RDFN
| $35.2M | 0.03% |
841,000
-267,400
| -24% | -$7.04M |
2019 Q4
2 quarters
|
|
548
Targa Resources
TRGP
$61.9B
| $35M | 0.03% |
1,743,492
-394,794
| -18% | -$5.94M |
2019 Q4
2 quarters
|
|
549
Grocery Outlet
GO
$1.18B
| $34.9M | 0.03% |
854,300
+535,400
| +168% | +$19.2M |
2020 Q1
1 quarter
|
|
550
Bath & Body Works
BBWI
$3.57B
| $34.6M | 0.03% |
+2,861,840
| New | +$31.9M |
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.