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 | |
|---|---|---|---|---|---|---|---|
726
Seaboard Corp
SEB
$3.81B
| $23.6M | 0.02% |
8,048
+713
| +10% | +$2.16M |
2013 Q2
28 quarters
|
|
727
UFP Technologies
UFPT
$2.24B
| $23.6M | 0.02% |
535,673
-28,599
| -5% | -$1.22M |
2013 Q2
28 quarters
|
|
728
Ventas
VTR
$42.1B
| $23.6M | 0.02% |
644,095
-2,087,260
| -76% | -$68.9M |
2017 Q3
11 quarters
|
|
729
Camtek
CAMT
$7.13B
| $23.6M | 0.02% |
1,874,100
-6,400
| -0.3% | -$72.7K |
2013 Q2
28 quarters
|
|
730
Automatic Data Processing
ADP
$107B
| $23.6M | 0.02% |
+158,300
| New | +$22.7M |
2020 Q2
0 quarters
|
|
731
Southern Company
SO
$99.1B
| $23.5M | 0.02% |
453,666
-7,157,372
| -94% | -$398M |
2014 Q3
23 quarters
|
|
732
Adtran
ADTN
$608M
| $23.5M | 0.02% |
2,150,943
+44,840
| +2% | +$463K |
2014 Q1
25 quarters
|
|
733
Towne Bank
TOWN
$3.23B
| $23.5M | 0.02% |
1,246,483
-70,736
| -5% | -$1.31M |
2015 Q1
21 quarters
|
|
734
Chegg
CHGG
$81.7M
| $23.4M | 0.02% |
+347,600
| New | +$18.6M |
2020 Q2
0 quarters
|
|
735
Henry Schein
HSIC
$9.36B
| $23.4M | 0.02% |
399,912
+85,300
| +27% | +$4.77M |
2019 Q1
5 quarters
|
|
736
Carriage Services
CSV
$535M
| $23.2M | 0.02% |
1,281,000
+63,600
| +5% | +$1.07M |
2013 Q2
28 quarters
|
|
|
GLDD
737
DELISTED
Great Lakes Dredge & Dock
GLDD
| $23.2M | 0.02% |
2,504,301
-7,700
| -0.3% | -$67.3K |
2017 Q4
10 quarters
|
|
|
AD
738
Array Digital Infrastructure
AD
$2.89B
| $23.2M | 0.02% |
751,162
+38,700
| +5% | +$1.19M |
2013 Q2
28 quarters
|
|
|
DRNA
739
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $23.1M | 0.02% |
910,200
+151,100
| +20% | +$3.26M |
2019 Q3
3 quarters
|
|
740
Kaiser Aluminum
KALU
$2.48B
| $23.1M | 0.02% |
313,800
-66,300
| -17% | -$4.72M |
2014 Q3
23 quarters
|
|
741
First Hawaiian
FHB
$3B
| $23M | 0.02% |
1,332,900
+144,800
| +12% | +$2.43M |
2017 Q1
13 quarters
|
|
742
United Parks & Resorts
PRKS
$1.48B
| $23M | 0.02% |
1,550,825
-593,400
| -28% | -$8.74M |
2018 Q2
8 quarters
|
|
743
James River Group Holdings
JRVR
$168M
| $23M | 0.02% |
510,125
-53,500
| -9% | -$1.99M |
2015 Q3
19 quarters
|
|
744
KB Home
KBH
$2.62B
| $22.9M | 0.02% |
747,790
-1,832,400
| -71% | -$50.4M |
2017 Q3
11 quarters
|
|
745
Rexford Industrial Realty
REXR
$8.19B
| $22.9M | 0.02% |
553,600
+293,100
| +113% | +$11.8M |
2016 Q2
16 quarters
|
|
746
Universal Health Services
UHS
$10.5B
| $22.9M | 0.02% |
+246,900
| New | +$24.7M |
2020 Q2
0 quarters
|
|
|
CMBT
747
CMB.TECH NV
CMBT
$5.98B
| $22.8M | 0.02% |
2,802,094
+802,491
| +40% | +$7.98M |
2019 Q1
5 quarters
|
|
748
CGI
GIB
$14.5B
| $22.8M | 0.02% |
362,600
-156,000
| -30% | -$9.72M |
2019 Q4
2 quarters
|
|
749
Willis Towers Watson
WTW
$27.5B
| $22.8M | 0.02% |
115,920
-93,208
| -45% | -$17.8M |
2020 Q1
1 quarter
|
|
|
VAPO
750
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $22.7M | 0.02% |
+69,263
| New | +$14.6M |
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.