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 | |
|---|---|---|---|---|---|---|
|
MIME
1001
DELISTED
Mimecast Limited
MIME
| $12.6M | 0.01% |
268,100
-61,300
| -19% | -$2.78M |
|
|
HUD
1002
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $12.6M | 0.01% |
1,652,840
-395,686
| -19% | -$2.4M |
|
1003
Camden National
CAC
$978M
| $12.5M | 0.01% |
414,849
-41,000
| -9% | -$1.33M |
|
|
SGMO
1004
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $12.5M | 0.01% |
+1,325,491
| New | +$14.3M |
|
1005
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.1B
| $12.5M | 0.01% |
+406,800
| New | +$12.5M |
|
1006
B&G Foods
BGS
$287M
| $12.4M | 0.01% |
446,200
+357,000
| +400% | +$9.99M |
|
1007
Rush Enterprises Class B
RUSHB
$6.04B
| $12.4M | 0.01% |
628,650
+2,027
| +0.3% | +$37K |
|
1008
EPR Properties
EPR
$4.76B
| $12.4M | 0.01% |
449,800
+262,900
| +141% | +$8.22M |
|
|
MIC
1009
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $12.4M | 0.01% |
459,400
-174,400
| -28% | -$5.05M |
|
1010
Hawaiian Electric Industries
HE
$2.23B
| $12.3M | 0.01% |
370,800
+49,497
| +15% | +$1.74M |
|
1011
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $12.3M | 0.01% |
146,900
+110,000
| +298% | +$9.26M |
|
|
PFNX
1012
DELISTED
Pfenex Inc.
PFNX
| $12.3M | 0.01% |
963,305
-386,400
| -29% | -$4.09M |
|
1013
CryoPort
CYRX
$761M
| $12.3M | 0.01% |
+259,100
| New | +$10.5M |
|
1014
TriMas Corp
TRS
$1.43B
| $12.2M | 0.01% |
535,770
-32,500
| -6% | -$792K |
|
1015
John B. Sanfilippo & Son
JBSS
$967M
| $12.2M | 0.01% |
161,300
-6,200
| -4% | -$517K |
|
|
EGRX
1016
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $12.1M | 0.01% |
286,000
-63,500
| -18% | -$2.78M |
|
1017
Clearfield
CLFD
$411M
| $12.1M | 0.01% |
600,373
+2,400
| +0.4% | +$43K |
|
1018
Nathan's Famous
NATH
$402M
| $12.1M | 0.01% |
235,920
-4,900
| -2% | -$258K |
|
1019
1-800-Flowers.com
FLWS
$250M
| $12.1M | 0.01% |
483,600
+207,068
| +75% | +$5.48M |
|
1020
Southern Company
SO
$109B
| $12M | 0.01% |
222,190
-231,476
| -51% | -$12.4M |
|
1021
American Outdoor Brands
AOUT
$155M
| $12M | 0.01% |
+920,865
| New | +$13.4M |
|
1022
Revolve Group
RVLV
$1.8B
| $12M | 0.01% |
+729,800
| New | +$13.1M |
|
1023
Arch Capital
ACGL
$34.3B
| $12M | 0.01% |
408,820
-24,876
| -6% | -$758K |
|
1024
Integer Holdings
ITGR
$4.12B
| $11.9M | 0.01% |
202,200
+128,500
| +174% | +$8.58M |
|
|
HOME
1025
DELISTED
At Home Group Inc.
HOME
| $11.9M | 0.01% |
+801,200
| New | +$10.6M |
|
Similar funds
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.