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 |
Alphabet (Google) Class A
GOOGL
|
+$546M |
| 2 |
Microsoft
MSFT
|
+$480M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$362M |
| 4 |
Meta Platforms (Facebook)
META
|
+$350M |
| 5 |
Coca-Cola
KO
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Robinhood
HOOD
|
+$1.04B |
| 2 |
Palantir
PLTR
|
+$800M |
| 3 |
Apple
AAPL
|
+$516M |
| 4 |
Netflix
NFLX
|
+$326M |
| 5 |
NVIDIA
NVDA
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.71% |
| 2 | Healthcare | 15.15% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Communication Services | 10.55% |
| 5 | Financials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Rivian
RIVN
$20.3B
| $182M | 0.24% |
12,385,110
+10,393,910
| +522% | +$139M |
2025 Q2
1 quarter
|
|
77
Brinker International
EAT
$7.9B
| $179M | 0.24% |
1,411,065
+108,400
| +8% | +$16.9M |
2023 Q4
7 quarters
|
|
78
Intuit
INTU
$78.8B
| $176M | 0.23% |
+257,148
| New | +$185M |
2025 Q3
0 quarters
|
|
79
New York Times
NYT
$10.6B
| $174M | 0.23% |
3,039,780
-220,800
| -7% | -$12.6M |
2013 Q2
49 quarters
|
|
80
Duolingo
DUOL
$7.08B
| $174M | 0.23% |
541,500
-292,300
| -35% | -$97.8M |
2022 Q3
12 quarters
|
|
81
Honeywell
HON
$65B
| $174M | 0.23% |
+875,537
| New | +$183M |
2025 Q3
0 quarters
|
|
82
Argan
AGX
$5.61B
| $173M | 0.23% |
642,079
+25,800
| +4% | +$5.91M |
2013 Q2
49 quarters
|
|
83
New Oriental
EDU
$8.89B
| $173M | 0.23% |
3,261,454
-106,400
| -3% | -$5.25M |
2019 Q3
24 quarters
|
|
84
Peabody Energy
BTU
$3.06B
| $171M | 0.23% |
6,449,743
+414,753
| +7% | +$7.39M |
2017 Q3
32 quarters
|
|
85
Bristol-Myers Squibb
BMY
$121B
| $165M | 0.22% |
3,667,689
+186,556
| +5% | +$8.71M |
2024 Q3
4 quarters
|
|
86
Astera Labs
ALAB
$63B
| $165M | 0.22% |
843,301
+93,801
| +13% | +$15.4M |
2024 Q2
5 quarters
|
|
87
NetEase
NTES
$76.3B
| $165M | 0.22% |
1,083,088
-6,000
| -0.6% | -$826K |
2019 Q2
25 quarters
|
|
88
Rollins
ROL
$15.5B
| $161M | 0.21% |
2,746,841
-427,541
| -13% | -$24.3M |
2019 Q4
23 quarters
|
|
89
Ubiquiti
UI
$38.2B
| $160M | 0.21% |
242,264
+15,400
| +7% | +$7.69M |
2016 Q1
38 quarters
|
|
|
NVO
90
Novo Nordisk
NVO
$166B
| $160M | 0.21% |
2,881,996
-2,054,800
| -42% | -$120M |
2013 Q2
49 quarters
|
|
91
Doximity
DOCS
$5.15B
| $159M | 0.21% |
2,180,202
-35,400
| -2% | -$2.31M |
2021 Q4
15 quarters
|
|
92
Regeneron Pharmaceuticals
REGN
$74.8B
| $155M | 0.2% |
275,162
+230,100
| +511% | +$130M |
2021 Q3
16 quarters
|
|
93
Analog Devices
ADI
$198B
| $151M | 0.2% |
+613,695
| New | +$148M |
2025 Q3
0 quarters
|
|
94
Boeing
BA
$147B
| $150M | 0.2% |
695,600
+140,200
| +25% | +$31.6M |
2025 Q2
1 quarter
|
|
95
Carnival Corporation Ltd
CCL
$34.7B
| $150M | 0.2% |
5,185,078
-2,415,823
| -32% | -$72.9M |
2023 Q2
9 quarters
|
|
|
NGD
96
DELISTED
New Gold Inc
NGD
| $149M | 0.2% |
20,750,464
-8,388,200
| -29% | -$45.4M |
2017 Q3
32 quarters
|
|
97
Ryanair
RYAAY
$28.1B
| $145M | 0.19% |
2,411,402
+25,700
| +1% | +$1.57M |
2013 Q2
49 quarters
|
|
98
Perdoceo Education
PRDO
$2.06B
| $144M | 0.19% |
3,832,057
-305,397
| -7% | -$9.79M |
2013 Q2
49 quarters
|
|
99
Mercado Libre
MELI
$93.8B
| $141M | 0.19% |
60,348
+12,637
| +26% | +$30.3M |
2025 Q1
2 quarters
|
|
100
Western Digital
WDC
$150B
| $138M | 0.18% |
1,148,762
+946,929
| +469% | +$77.4M |
2024 Q3
4 quarters
|
|
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Renaissance Technologies's Q3 2025 Portfolio in Review
As of Q3 2025, Renaissance Technologies held 4,038 positions worth $75.8B, up 0.77% from $75.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $5.41B in Q3 2025, closing 581 positions and reducing 1,457 holdings. Its most notable exit was GE Aerospace, an estimated $235M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class C worth $419M.
- Renaissance Technologies's largest Q3 2025 buy was Alphabet (Google) Class C: 1,720,002 shares worth $419M.
- Renaissance Technologies added most to Alphabet (Google) Class A in Q3 2025, an estimated $546M increase.
- Renaissance Technologies's biggest Q3 2025 reduction was Robinhood, cutting an estimated $1.04B.
- Renaissance Technologies fully exited GE Aerospace in Q3 2025, selling an estimated $235M.
- Renaissance Technologies's ten largest holdings make up 11% of its $75.8B portfolio in Q3 2025.
- Renaissance Technologies opened 515 new positions and closed 581 in Q3 2025.
- Renaissance Technologies's portfolio value rose 0.77% quarter-over-quarter to $75.8B.
Based on Renaissance Technologies's 13F filing for Q3 2025, filed 13 Nov 2025.