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 | |
|---|---|---|---|---|---|---|---|
76
Agnico Eagle Mines
AEM
$92.3B
| $285M | 0.25% |
4,455,857
+371,750
| +9% | +$22M |
2016 Q3
15 quarters
|
|
77
Fox Class A
FOXA
$26.7B
| $275M | 0.24% |
10,258,102
-280,409
| -3% | -$7.57M |
2019 Q1
5 quarters
|
|
78
Ralph Lauren
RL
$21.6B
| $273M | 0.24% |
3,769,694
+40,800
| +1% | +$3M |
2015 Q1
21 quarters
|
|
|
AVLR
79
DELISTED
Avalara, Inc.
AVLR
| $271M | 0.23% |
2,036,481
-266,200
| -12% | -$26.2M |
2019 Q2
4 quarters
|
|
80
Cogent Communications
CCOI
$482M
| $271M | 0.23% |
3,497,366
-70,000
| -2% | -$5.67M |
2013 Q2
28 quarters
|
|
|
MBT
81
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $269M | 0.23% |
29,319,897
-14,348,500
| -33% | -$125M |
2014 Q3
23 quarters
|
|
82
Meta Platforms (Facebook)
META
$1.83T
| $269M | 0.23% |
1,185,600
+246,354
| +26% | +$51.4M |
2018 Q2
8 quarters
|
|
83
Boston Beer
SAM
$1.77B
| $260M | 0.22% |
484,000
-72,400
| -13% | -$35.1M |
2018 Q3
7 quarters
|
|
84
HSBC
HSBC
$314B
| $254M | 0.22% |
10,875,408
+1,886,600
| +21% | +$46.8M |
2017 Q3
11 quarters
|
|
85
Equity Lifestyle Properties
ELS
$11.2B
| $253M | 0.22% |
4,056,030
-946,600
| -19% | -$58.1M |
2014 Q2
24 quarters
|
|
86
New York Times
NYT
$10.6B
| $250M | 0.22% |
5,953,786
+285,100
| +5% | +$10.4M |
2013 Q2
28 quarters
|
|
87
B2Gold
BTG
$6.66B
| $249M | 0.21% |
43,748,055
-365,600
| -0.8% | -$1.83M |
2015 Q3
19 quarters
|
|
88
FirstEnergy
FE
$25.7B
| $247M | 0.21% |
6,381,300
-5,653,108
| -47% | -$234M |
2014 Q1
25 quarters
|
|
89
Consolidated Edison
ED
$38.7B
| $247M | 0.21% |
3,434,997
-1,339,000
| -28% | -$103M |
2016 Q3
15 quarters
|
|
90
Sprouts Farmers Market
SFM
$6.05B
| $246M | 0.21% |
9,628,030
+1,720,900
| +22% | +$39.4M |
2016 Q2
16 quarters
|
|
|
MOMO
91
Hello Group
MOMO
$672M
| $245M | 0.21% |
14,029,797
+689,500
| +5% | +$14.5M |
2016 Q3
15 quarters
|
|
92
Evergy
EVRG
$18.4B
| $243M | 0.21% |
4,101,669
-3,246,100
| -44% | -$192M |
2018 Q2
8 quarters
|
|
93
CrowdStrike
CRWD
$272B
| $236M | 0.2% |
9,425,752
+7,209,200
| +325% | +$145M |
2020 Q1
1 quarter
|
|
94
Trip.com Group
TCOM
$23.7B
| $235M | 0.2% |
9,069,973
+4,657,082
| +106% | +$117M |
2018 Q4
6 quarters
|
|
95
SiriusXM
SIRI
$8.68B
| $234M | 0.2% |
3,989,697
-1,435,384
| -26% | -$80.4M |
2014 Q4
22 quarters
|
|
96
Public Storage
PSA
$52.5B
| $233M | 0.2% |
1,213,004
-259,334
| -18% | -$50M |
2016 Q2
16 quarters
|
|
97
Ameren
AEE
$27.9B
| $230M | 0.2% |
3,274,656
-2,188,501
| -40% | -$159M |
2013 Q2
28 quarters
|
|
98
GoDaddy
GDDY
$12.9B
| $229M | 0.2% |
3,123,100
-102,600
| -3% | -$7.37M |
2016 Q3
15 quarters
|
|
|
AUY
99
DELISTED
Yamana Gold, Inc.
AUY
| $229M | 0.2% |
41,941,144
-4,144,560
| -9% | -$19.8M |
2017 Q4
10 quarters
|
|
100
TAL Education Group
TAL
$6.96B
| $228M | 0.2% |
3,340,300
+2,739,700
| +456% | +$157M |
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.