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 | |
|---|---|---|---|---|---|---|---|
901
First Busey Corp
BUSE
$2.39B
| $17.5M | 0.02% |
937,833
-111,792
| -11% | -$1.94M |
2013 Q2
28 quarters
|
|
902
Canadian Natural Resources
CNQ
$102B
| $17.4M | 0.02% |
2,047,309
+1,396,115
| +214% | +$11.3M |
2020 Q1
1 quarter
|
|
903
SLM Corp
SLM
$4.23B
| $17.3M | 0.02% |
2,463,700
+1,016,300
| +70% | +$7.6M |
2017 Q2
12 quarters
|
|
|
NUAN
904
DELISTED
Nuance Communications, Inc.
NUAN
| $17.3M | 0.01% |
684,355
-2,195,100
| -76% | -$45.8M |
2019 Q4
2 quarters
|
|
|
NTUS
905
DELISTED
Natus Medical Inc
NTUS
| $17.3M | 0.01% |
791,817
+262,372
| +50% | +$6.01M |
2017 Q4
10 quarters
|
|
906
Neurogene
NGNE
$528M
| $17.3M | 0.01% |
52,015
+9,660
| +23% | +$2.52M |
2018 Q2
8 quarters
|
|
|
SLCA
907
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $17.2M | 0.01% |
4,778,212
+1,440,500
| +43% | +$3.64M |
2019 Q1
5 quarters
|
|
|
FSP
908
Franklin Street Properties
FSP
$35.4M
| $17.2M | 0.01% |
3,388,297
-373,800
| -10% | -$1.98M |
2014 Q3
23 quarters
|
|
909
Huron Consulting
HURN
$2.66B
| $17.2M | 0.01% |
388,758
-27,000
| -6% | -$1.22M |
2017 Q1
13 quarters
|
|
910
Flowserve
FLS
$9.19B
| $17.2M | 0.01% |
602,300
-244,600
| -29% | -$6.53M |
2020 Q1
1 quarter
|
|
911
MGE Energy Inc
MGEE
$2.65B
| $17.2M | 0.01% |
266,194
-179,800
| -40% | -$11.7M |
2013 Q2
28 quarters
|
|
|
BKI
912
DELISTED
Black Knight, Inc. Common Stock
BKI
| $17.2M | 0.01% |
236,478
+201,378
| +574% | +$14.3M |
2020 Q1
1 quarter
|
|
913
Insperity
NSP
$1.86B
| $17.1M | 0.01% |
+264,200
| New | +$13.2M |
2020 Q2
0 quarters
|
|
|
ADAP
914
DELISTED
Adaptimmune Therapeutics
ADAP
| $17.1M | 0.01% |
1,705,411
-44,549
| -3% | -$280K |
2015 Q4
18 quarters
|
|
915
DXC Technology
DXC
$1.98B
| $17.1M | 0.01% |
1,034,300
+622,235
| +151% | +$9.9M |
2020 Q1
1 quarter
|
|
916
Howard Hughes
HHH
$4.4B
| $17M | 0.01% |
343,967
+141,030
| +69% | +$7.1M |
2017 Q3
11 quarters
|
|
917
Helmerich & Payne
HP
$3.99B
| $17M | 0.01% |
871,500
-606,775
| -41% | -$11.8M |
2018 Q4
6 quarters
|
|
918
Silicon Laboratories
SLAB
$7.41B
| $17M | 0.01% |
169,398
+108,500
| +178% | +$10.1M |
2019 Q2
4 quarters
|
|
919
Sun Life Financial
SLF
$42.8B
| $17M | 0.01% |
462,199
-247,300
| -35% | -$8.5M |
2018 Q1
9 quarters
|
|
920
Alpha Pro Tech
APT
$59.6M
| $17M | 0.01% |
958,716
-81,400
| -8% | -$1.12M |
2013 Q2
28 quarters
|
|
921
AGCO
AGCO
$7.23B
| $16.9M | 0.01% |
304,000
+161,900
| +114% | +$8.44M |
2016 Q3
15 quarters
|
|
|
CUK
922
DELISTED
Carnival PLC
CUK
| $16.9M | 0.01% |
1,339,763
+684,736
| +105% | +$8.86M |
2017 Q2
12 quarters
|
|
923
Ooma
OOMA
$553M
| $16.8M | 0.01% |
1,022,003
+107,200
| +12% | +$1.34M |
2016 Q1
17 quarters
|
|
924
Par Pacific Holdings
PARR
$4.1B
| $16.8M | 0.01% |
1,868,887
-709,400
| -28% | -$6.11M |
2017 Q3
11 quarters
|
|
|
DHIL
925
DELISTED
Diamond Hill
DHIL
| $16.8M | 0.01% |
147,581
+1,100
| +0.8% | +$115K |
2013 Q2
28 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.