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 | |
|---|---|---|---|---|---|---|---|
|
DEA
551
Easterly Government Properties
DEA
$1.1B
| $34.6M | 0.03% |
599,192
-269,217
| -31% | -$17.1M |
2016 Q4
14 quarters
|
|
552
Sonos
SONO
$2.02B
| $34.6M | 0.03% |
2,365,898
-344,900
| -13% | -$3.66M |
2019 Q3
3 quarters
|
|
|
CKH
553
DELISTED
Seacor Holdings Inc.
CKH
| $34.6M | 0.03% |
1,221,705
-75,100
| -6% | -$2.05M |
2016 Q1
17 quarters
|
|
|
WIFI
554
DELISTED
Boingo Wireless, Inc.
WIFI
| $34.5M | 0.03% |
2,589,900
+25,200
| +1% | +$330K |
2013 Q2
28 quarters
|
|
|
BCPC
555
Balchem Corp
BCPC
$5.35B
| $34.4M | 0.03% |
362,508
+122,800
| +51% | +$11.5M |
2017 Q2
12 quarters
|
|
556
Enova International
ENVA
$4.45B
| $34.2M | 0.03% |
2,298,118
-105,976
| -4% | -$1.47M |
2015 Q2
20 quarters
|
|
557
Gibraltar Industries
ROCK
$1.09B
| $34.1M | 0.03% |
709,700
+83,296
| +13% | +$3.7M |
2013 Q2
28 quarters
|
|
|
SGI
558
Somnigroup International
SGI
$14.3B
| $34M | 0.03% |
1,891,584
-314,000
| -14% | -$4.5M |
2018 Q4
6 quarters
|
|
559
Universal Corp
UVV
$1.05B
| $34M | 0.03% |
798,811
+87,200
| +12% | +$3.84M |
2016 Q2
16 quarters
|
|
|
PRO
560
DELISTED
PROS Holdings
PRO
| $33.9M | 0.03% |
764,000
-336,900
| -31% | -$11.9M |
2018 Q3
7 quarters
|
|
561
StoneCo
STNE
$2.85B
| $33.9M | 0.03% |
874,400
+845,900
| +2,968% | +$24.7M |
2020 Q1
1 quarter
|
|
562
Globus Medical
GMED
$10.1B
| $33.9M | 0.03% |
710,314
-634,400
| -47% | -$30.6M |
2017 Q2
12 quarters
|
|
563
Camden Property Trust
CPT
$11.3B
| $33.8M | 0.03% |
370,900
+71,800
| +24% | +$6.35M |
2018 Q3
7 quarters
|
|
564
Winmark
WINA
$1.05B
| $33.7M | 0.03% |
196,650
-11,600
| -6% | -$1.7M |
2013 Q2
28 quarters
|
|
565
PACCAR
PCAR
$56.8B
| $33.4M | 0.03% |
668,967
-229,134
| -26% | -$10.7M |
2019 Q3
3 quarters
|
|
|
BSTC
566
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $33.3M | 0.03% |
543,356
+3,200
| +0.6% | +$185K |
2013 Q3
27 quarters
|
|
567
CoStar Group
CSGP
$12B
| $33.1M | 0.03% |
465,980
+366,980
| +371% | +$23.7M |
2020 Q1
1 quarter
|
|
568
Middlesex Water
MSEX
$1.01B
| $33.1M | 0.03% |
492,800
-35,900
| -7% | -$2.27M |
2014 Q1
25 quarters
|
|
569
Devon Energy
DVN
$53.2B
| $33M | 0.03% |
2,914,310
-1,702,782
| -37% | -$19.4M |
2018 Q3
7 quarters
|
|
570
Marvell Technology
MRVL
$246B
| $33M | 0.03% |
+942,377
| New | +$27.6M |
2020 Q2
0 quarters
|
|
|
LGTY
571
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $33M | 0.03% |
2,094,400
+71,700
| +4% | +$1.21M |
2013 Q2
28 quarters
|
|
572
NRC Health Common Stock
NRC
$448M
| $33M | 0.03% |
566,500
-39,400
| -7% | -$2.08M |
2013 Q2
28 quarters
|
|
573
Broadcom
AVGO
$1.73T
| $32.5M | 0.03% |
+1,029,960
| New | +$28.8M |
2020 Q2
0 quarters
|
|
574
REX American Resources
REX
$1.4B
| $32.1M | 0.03% |
2,776,584
-115,800
| -4% | -$1.15M |
2013 Q2
28 quarters
|
|
575
Yum! Brands
YUM
$39.6B
| $32.1M | 0.03% |
369,100
-94,803
| -20% | -$8.1M |
2020 Q1
1 quarter
|
|
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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.