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 | |
|---|---|---|---|---|---|---|---|
1151
Heritage Financial
HFWA
$1.11B
| $6.57M | 0.01% |
277,953
-7,877
| -3% | -$185K |
2022 Q4
12 quarters
|
|
1152
Stewart Information Services
STC
$1.55B
| $6.54M | 0.01% |
93,087
-27,113
| -23% | -$1.95M |
2013 Q3
49 quarters
|
|
1153
Cullinan Oncology
CGEM
$999M
| $6.54M | 0.01% |
631,706
+102,298
| +19% | +$923K |
2022 Q2
14 quarters
|
|
1154
Q2 Holdings
QTWO
$3.65B
| $6.54M | 0.01% |
90,600
+43,300
| +92% | +$2.97M |
2022 Q2
14 quarters
|
|
|
OPTU
1155
Optimum Communications Inc
OPTU
$355M
| $6.53M | 0.01% |
3,960,000
-1,035,400
| -21% | -$2.11M |
2022 Q2
14 quarters
|
|
1156
World Acceptance Corp
WRLD
$818M
| $6.53M | 0.01% |
46,500
-3,225
| -6% | -$485K |
2023 Q1
11 quarters
|
|
1157
Gates Industrial Corp
GTES
$6.75B
| $6.52M | 0.01% |
+303,700
| New | +$7.01M |
2025 Q4
0 quarters
|
|
1158
Middlesex Water
MSEX
$1.01B
| $6.51M | 0.01% |
129,213
-85,800
| -40% | -$4.61M |
2014 Q1
47 quarters
|
|
1159
eGain
EGAN
$139M
| $6.49M | 0.01% |
630,819
+27,300
| +5% | +$326K |
2015 Q3
41 quarters
|
|
1160
Fastly Inc
FSLY
$4.67B
| $6.49M | 0.01% |
637,454
+268,213
| +73% | +$2.64M |
2025 Q2
2 quarters
|
|
1161
Bit Digital
BTBT
$465M
| $6.48M | 0.01% |
+3,426,477
| New | +$9.91M |
2025 Q4
0 quarters
|
|
1162
iShares California Muni Bond ETF
CMF
$4.8B
| $6.47M | 0.01% |
112,600
-195,300
| -63% | -$11.2M |
2023 Q4
8 quarters
|
|
1163
OppFi
OPFI
$505M
| $6.45M | 0.01% |
616,208
-37,607
| -6% | -$381K |
2022 Q1
15 quarters
|
|
1164
First Financial Corp
THFF
$866M
| $6.45M | 0.01% |
106,673
-8,300
| -7% | -$478K |
2014 Q2
46 quarters
|
|
1165
Cadre Holdings
CDRE
$1.05B
| $6.44M | 0.01% |
157,800
-31,900
| -17% | -$1.33M |
2022 Q2
14 quarters
|
|
1166
Marcus Corp
MCS
$835M
| $6.44M | 0.01% |
415,089
-4,400
| -1% | -$65.4K |
2021 Q4
16 quarters
|
|
1167
Gen Digital
GEN
$13.9B
| $6.43M | 0.01% |
236,438
-800,900
| -77% | -$21.6M |
2025 Q2
2 quarters
|
|
1168
Westwood Holdings Group
WHG
$181M
| $6.43M | 0.01% |
373,458
-15,200
| -4% | -$255K |
2013 Q2
50 quarters
|
|
1169
Genius Sports
GENI
$1.78B
| $6.42M | 0.01% |
583,000
-1,057,700
| -64% | -$11.5M |
2025 Q2
2 quarters
|
|
1170
Bank First Corp
BFC
$1.61B
| $6.39M | 0.01% |
52,455
-22,045
| -30% | -$2.81M |
2024 Q3
5 quarters
|
|
|
CVSA
1171
Covista Inc
CVSA
$4.38B
| $6.38M | 0.01% |
61,700
-52,200
| -46% | -$5.98M |
2022 Q4
12 quarters
|
|
1172
Bel Fuse Inc Class A
BELFA
$2.82B
| $6.38M | 0.01% |
42,053
-700
| -2% | -$93.9K |
2013 Q2
50 quarters
|
|
1173
iShares MSCI Hong Kong ETF
EWH
$1.17B
| $6.35M | 0.01% |
298,600
-97,100
| -25% | -$2.11M |
2024 Q4
4 quarters
|
|
|
HOS
1174
Hornbeck Offshore Services, Inc.
HOS
$2.44B
| $6.31M | 0.01% |
1,005,939
+753,712
| +299% | +$5.01M |
2021 Q1
19 quarters
|
|
1175
Mueller Water Products
MWA
$3.38B
| $6.28M | 0.01% |
263,600
+250,100
| +1,853% | +$6.2M |
2023 Q3
9 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.