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 |
Microsoft
MSFT
|
+$276M |
| 2 |
Procter & Gamble
PG
|
+$243M |
| 3 |
Analog Devices
ADI
|
+$188M |
| 4 |
Advanced Micro Devices
AMD
|
+$171M |
| 5 |
Home Depot
HD
|
+$162M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.95B |
| 2 |
Bristol-Myers Squibb
BMY
|
+$778M |
| 3 |
Walmart Inc
WMT
|
+$723M |
| 4 |
Zoom
ZM
|
+$642M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 22.93% |
| 2 | Technology | 16.65% |
| 3 | Consumer Staples | 12.19% |
| 4 | Consumer Discretionary | 9.52% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Helen of Troy
HELE
$644M
| $15.4M | 0.02% |
79,710
+32,800
| +70% | +$6.51M |
|
877
Commercial Vehicle Group
CVGI
$154M
| $15.4M | 0.02% |
2,361,968
+135,787
| +6% | +$524K |
|
878
Agilysys
AGYS
$2.97B
| $15.4M | 0.02% |
636,352
-117,200
| -16% | -$2.61M |
|
879
CytomX Therapeutics
CTMX
$675M
| $15.3M | 0.02% |
2,304,600
-46,071
| -2% | -$342K |
|
|
SLCA
880
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $15.3M | 0.02% |
5,094,912
+316,700
| +7% | +$1.18M |
|
881
QCR Holdings
QCRH
$1.69B
| $15.3M | 0.02% |
557,400
-4,800
| -0.9% | -$141K |
|
882
Maximus
MMS
$3.17B
| $15.3M | 0.02% |
223,100
+47,200
| +27% | +$3.47M |
|
883
The Mosaic Company
MOS
$7.03B
| $15.2M | 0.02% |
833,700
+596,800
| +252% | +$9.71M |
|
884
PNC Financial Services
PNC
$99.7B
| $15.2M | 0.02% |
138,499
-10,900
| -7% | -$1.17M |
|
|
VG
885
DELISTED
Vonage Holdings Corporation
VG
| $15.1M | 0.02% |
1,479,926
+702,700
| +90% | +$7.8M |
|
|
LGF.B
886
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $15.1M | 0.02% |
1,732,034
+361,800
| +26% | +$2.89M |
|
887
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $15.1M | 0.02% |
174,411
+79,711
| +84% | +$6.9M |
|
888
Mercantile Bank Corp
MBWM
$1.04B
| $15.1M | 0.02% |
836,713
-13,600
| -2% | -$285K |
|
|
DEA
889
Easterly Government Properties
DEA
$1.13B
| $15.1M | 0.02% |
268,792
-330,400
| -55% | -$19.5M |
|
890
DXC Technology
DXC
$1.82B
| $15.1M | 0.02% |
843,483
-190,817
| -18% | -$3.48M |
|
891
KNOT Offshore Partners
KNOP
$372M
| $15M | 0.02% |
1,165,404
-34,900
| -3% | -$465K |
|
892
Bunge Global
BG
$20.4B
| $15M | 0.02% |
327,900
-672,054
| -67% | -$30M |
|
893
United Parks & Resorts
PRKS
$2.1B
| $15M | 0.02% |
759,625
-791,200
| -51% | -$14.4M |
|
894
Artesian Resources
ARTNA
$355M
| $15M | 0.01% |
434,011
-6,100
| -1% | -$216K |
|
895
MSCI
MSCI
$41.6B
| $15M | 0.01% |
41,921
-40,800
| -49% | -$14.8M |
|
|
NTUS
896
DELISTED
Natus Medical Inc
NTUS
| $15M | 0.01% |
873,045
+81,228
| +10% | +$1.54M |
|
|
NVRO
897
DELISTED
NEVRO CORP.
NVRO
| $14.9M | 0.01% |
107,300
-160,100
| -60% | -$21.4M |
|
898
Allegion
ALLE
$13.4B
| $14.9M | 0.01% |
151,100
-6,000
| -4% | -$609K |
|
899
American States Water
AWR
$3.36B
| $14.9M | 0.01% |
199,100
+97,200
| +95% | +$7.47M |
|
900
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $14.9M | 0.01% |
579,200
+135,426
| +31% | +$3.49M |
|
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Renaissance Technologies's Q3 2020 Portfolio in Review
As of Q3 2020, Renaissance Technologies held 3,879 positions worth $100B, down 14% from $116B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Renaissance Technologies withdrew a net $21.7B in Q3 2020, closing 544 positions and reducing 1,671 holdings. Its most notable exit was Alibaba, an estimated $426M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 23% a quarter earlier, followed by Technology and Consumer Staples.
Against the trend, Renaissance Technologies opened a new position in Microsoft worth $277M.
- Renaissance Technologies's largest Q3 2020 buy was Microsoft: 1,315,812 shares worth $277M.
- Renaissance Technologies added most to Procter & Gamble in Q3 2020, an estimated $243M increase.
- Renaissance Technologies's biggest Q3 2020 reduction was Tesla, cutting an estimated $1.95B.
- Renaissance Technologies fully exited Alibaba in Q3 2020, selling an estimated $426M.
- Renaissance Technologies's ten largest holdings make up 15% of its $100B portfolio in Q3 2020.
- Renaissance Technologies opened 490 new positions and closed 544 in Q3 2020.
- Renaissance Technologies's portfolio value fell 14% quarter-over-quarter to $100B.
Based on Renaissance Technologies's 13F filing for Q3 2020, filed 13 Nov 2020.