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 | |
|---|---|---|---|---|---|---|---|
76
Uber
UBER
$140B
| $166M | 0.26% |
2,029,100
+1,595,600
| +368% | +$144M |
2021 Q2
18 quarters
|
|
77
New Oriental
EDU
$8.89B
| $165M | 0.26% |
3,002,664
-258,790
| -8% | -$14.2M |
2019 Q3
25 quarters
|
|
78
Logitech
LOGI
$14.5B
| $164M | 0.25% |
1,637,508
-320,500
| -16% | -$36M |
2014 Q1
47 quarters
|
|
|
CRCL
79
Circle Internet Group
CRCL
$20.2B
| $164M | 0.25% |
+2,067,446
| New | +$214M |
2025 Q4
0 quarters
|
|
|
PR
80
Permian Resources
PR
$19.1B
| $164M | 0.25% |
11,669,448
-2,588,097
| -18% | -$34.8M |
2019 Q4
24 quarters
|
|
|
81
NVIDIA
NVDA
$5.68T
| $163M | 0.25% |
871,420
-4,757,185
| -85% | -$885M |
2023 Q1
11 quarters
|
|
|
NVO
82
Novo Nordisk
NVO
$166B
| $162M | 0.25% |
3,183,678
+301,682
| +10% | +$15.4M |
2013 Q2
50 quarters
|
|
|
EXAS
83
DELISTED
Exact Sciences
EXAS
| $162M | 0.25% |
1,591,656
+990,280
| +165% | +$79.5M |
2025 Q1
3 quarters
|
|
84
Brinker International
EAT
$7.9B
| $162M | 0.25% |
1,126,065
-285,000
| -20% | -$37.3M |
2023 Q4
8 quarters
|
|
85
Cardinal Health
CAH
$53.8B
| $159M | 0.25% |
773,825
+81,525
| +12% | +$15.3M |
2022 Q4
12 quarters
|
|
86
New York Times
NYT
$10.6B
| $159M | 0.25% |
2,290,580
-749,200
| -25% | -$46.4M |
2013 Q2
50 quarters
|
|
87
General Motors
GM
$71.1B
| $157M | 0.24% |
1,929,119
+521,519
| +37% | +$36.8M |
2021 Q3
17 quarters
|
|
88
Hims & Hers Health
HIMS
$6.51B
| $156M | 0.24% |
4,818,009
-4,278,843
| -47% | -$183M |
2021 Q2
18 quarters
|
|
89
Ryanair
RYAAY
$28.1B
| $152M | 0.24% |
2,111,046
-300,356
| -12% | -$19.5M |
2013 Q2
50 quarters
|
|
90
NetEase
NTES
$76.2B
| $150M | 0.23% |
1,088,688
+5,600
| +0.5% | +$795K |
2019 Q2
26 quarters
|
|
91
Cal-Maine
CALM
$2.97B
| $150M | 0.23% |
1,882,076
-478,698
| -20% | -$42M |
2018 Q1
31 quarters
|
|
92
Illumina
ILMN
$39.2B
| $149M | 0.23% |
1,134,642
-70,300
| -6% | -$8.25M |
2023 Q4
8 quarters
|
|
93
Texas Instruments
TXN
$263B
| $149M | 0.23% |
856,700
+113,300
| +15% | +$19.4M |
2025 Q3
1 quarter
|
|
94
Atlassian
TEAM
$50.3B
| $149M | 0.23% |
916,375
-541,848
| -37% | -$85M |
2016 Q2
38 quarters
|
|
95
Tencent Music
TME
$12.8B
| $148M | 0.23% |
8,450,152
-1,146,838
| -12% | -$23.3M |
2019 Q4
24 quarters
|
|
96
Sea Limited
SE
$57B
| $147M | 0.23% |
1,153,800
+461,100
| +67% | +$68.3M |
2025 Q2
2 quarters
|
|
97
Vale
VALE
$57.6B
| $144M | 0.22% |
11,040,637
+3,683,104
| +50% | +$44.7M |
2023 Q2
10 quarters
|
|
98
Stryker
SYK
$105B
| $143M | 0.22% |
406,160
+302,960
| +294% | +$110M |
2025 Q3
1 quarter
|
|
99
Jazz Pharmaceuticals
JAZZ
$14.1B
| $142M | 0.22% |
836,774
-88,100
| -10% | -$13.5M |
2015 Q2
42 quarters
|
|
100
Commault Systems
CVLT
$6.28B
| $141M | 0.22% |
1,124,998
-303,787
| -21% | -$42.7M |
2013 Q2
50 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.