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 |
Costco
COST
|
+$616M |
| 2 |
Netflix
NFLX
|
+$481M |
| 3 |
Micron Technology
MU
|
+$416M |
| 4 |
Tesla
TSLA
|
+$416M |
| 5 |
Procter & Gamble
PG
|
+$322M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$885M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$660M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$463M |
| 4 |
Applovin
APP
|
+$430M |
| 5 |
Meta Platforms (Facebook)
META
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.84% |
| 2 | Healthcare | 15.76% |
| 3 | Consumer Discretionary | 13.86% |
| 4 | Industrials | 9.95% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
751
Amphastar Pharmaceuticals
AMPH
$1.13B
| $14.6M | 0.02% |
544,700
-42,200
| -7% | -$1.09M |
2017 Q4
32 quarters
|
|
752
iShares Russell 1000 ETF
IWB
$49.5B
| $14.5M | 0.02% |
38,920
+22,220
| +133% | +$8.23M |
2025 Q2
2 quarters
|
|
753
Coursera
COUR
$1.36B
| $14.5M | 0.02% |
1,968,093
+29,593
| +2% | +$258K |
2024 Q4
4 quarters
|
|
754
LendingTree
TREE
$354M
| $14.5M | 0.02% |
272,500
-117,500
| -30% | -$6.59M |
2021 Q3
17 quarters
|
|
755
DoubleVerify
DV
$2.11B
| $14.4M | 0.02% |
1,259,400
-36,900
| -3% | -$407K |
2025 Q2
2 quarters
|
|
756
AMN Healthcare
AMN
$1.41B
| $14.4M | 0.02% |
913,241
+158,341
| +21% | +$2.83M |
2024 Q3
5 quarters
|
|
757
Daktronics
DAKT
$866M
| $14.4M | 0.02% |
727,461
+163,048
| +29% | +$3.12M |
2013 Q2
50 quarters
|
|
758
John B. Sanfilippo & Son
JBSS
$783M
| $14.3M | 0.02% |
202,845
-33,900
| -14% | -$2.3M |
2018 Q1
31 quarters
|
|
759
Fortune Brands Innovations
FBIN
$4.66B
| $14.3M | 0.02% |
285,000
-101,500
| -26% | -$5.09M |
2024 Q4
4 quarters
|
|
760
Phillips Edison & Co
PECO
$4.84B
| $14.2M | 0.02% |
399,077
-28,825
| -7% | -$1M |
2025 Q1
3 quarters
|
|
761
StealthGas
GASS
$341M
| $14.1M | 0.02% |
2,015,531
-13,745
| -0.7% | -$92.3K |
2013 Q2
50 quarters
|
|
762
Manulife Financial
MFC
$70.2B
| $14.1M | 0.02% |
388,324
-9,300
| -2% | -$316K |
2024 Q4
4 quarters
|
|
|
ORLA
763
DELISTED
Orla Mining
ORLA
| $14M | 0.02% |
1,042,199
+322,399
| +45% | +$3.91M |
2024 Q2
6 quarters
|
|
764
XPO
XPO
$21.5B
| $14M | 0.02% |
103,120
+68,100
| +194% | +$9.28M |
2024 Q2
6 quarters
|
|
765
Southside Bancshares
SBSI
$900M
| $14M | 0.02% |
460,446
-46,439
| -9% | -$1.36M |
2013 Q2
50 quarters
|
|
766
Napco Security Technologies
NSSC
$1.29B
| $13.9M | 0.02% |
333,200
+18,100
| +6% | +$761K |
2024 Q1
7 quarters
|
|
767
Artisan Partners
APAM
$2.38B
| $13.8M | 0.02% |
339,148
+14,225
| +4% | +$607K |
2024 Q2
6 quarters
|
|
768
iShares National Muni Bond ETF
MUB
$47.4B
| $13.8M | 0.02% |
128,850
-156,250
| -55% | -$16.7M |
2022 Q4
12 quarters
|
|
769
First Citizens BancShares
FCNCA
$23.4B
| $13.8M | 0.02% |
6,426
-460
| -7% | -$867K |
2025 Q3
1 quarter
|
|
770
Jones Lang LaSalle
JLL
$13.8B
| $13.8M | 0.02% |
40,889
+4,200
| +11% | +$1.32M |
2024 Q4
4 quarters
|
|
771
Maravai LifeSciences
MRVI
$1.11B
| $13.7M | 0.02% |
4,225,089
-93,000
| -2% | -$313K |
2021 Q2
18 quarters
|
|
|
GOOD
772
Gladstone Commercial Corp
GOOD
$614M
| $13.7M | 0.02% |
1,285,466
-215,488
| -14% | -$2.39M |
2014 Q1
47 quarters
|
|
773
Fortrea Holdings
FTRE
$1.98B
| $13.6M | 0.02% |
789,709
-505,291
| -39% | -$6.24M |
2023 Q3
9 quarters
|
|
774
Zebra Technologies
ZBRA
$18.3B
| $13.6M | 0.02% |
55,951
+9,520
| +21% | +$2.55M |
2024 Q2
6 quarters
|
|
775
EXL Service
EXLS
$5.58B
| $13.6M | 0.02% |
319,400
-181,700
| -36% | -$7.43M |
2024 Q1
7 quarters
|
|
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Renaissance Technologies's Q4 2025 Portfolio in Review
As of Q4 2025, Renaissance Technologies held 3,923 positions worth $64.5B, down 15% from $75.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $10.1B in Q4 2025, closing 736 positions and reducing 1,682 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $354M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in ServiceNow worth $204M.
- Renaissance Technologies's largest Q4 2025 buy was ServiceNow: 1,331,977 shares worth $204M.
- Renaissance Technologies added most to Costco in Q4 2025, an estimated $616M increase.
- Renaissance Technologies's biggest Q4 2025 reduction was NVIDIA, cutting an estimated $885M.
- Renaissance Technologies fully exited Meta Platforms (Facebook) in Q4 2025, selling an estimated $354M.
- Renaissance Technologies's ten largest holdings make up 12% of its $64.5B portfolio in Q4 2025.
- Renaissance Technologies opened 466 new positions and closed 736 in Q4 2025.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $64.5B.
Based on Renaissance Technologies's 13F filing for Q4 2025, filed 12 Feb 2026.