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 |
Adobe
ADBE
|
+$649M |
| 2 |
Nike
NKE
|
+$453M |
| 3 |
Tesla
TSLA
|
+$431M |
| 4 |
AstraZeneca
AZN
|
+$389M |
| 5 |
Coca-Cola
KO
|
+$336M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$897M |
| 2 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$578M |
| 3 |
Moderna
MRNA
|
+$438M |
| 4 |
Apple
AAPL
|
+$417M |
| 5 |
Aon
AON
|
+$386M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.4% |
| 2 | Healthcare | 20.27% |
| 3 | Consumer Staples | 11.15% |
| 4 | Consumer Discretionary | 9.81% |
| 5 | Industrials | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Rafael Holdings
RFL
$101M
| $7.55M | 0.01% |
249,273
-43,906
| -15% | -$2.02M |
|
1202
Range Resources
RRC
$9.38B
| $7.55M | 0.01% |
333,763
-211,008
| -39% | -$3.42M |
|
1203
FNB Corp
FNB
$6.73B
| $7.54M | 0.01% |
+649,127
| New | +$7.47M |
|
1204
Iron Mountain
IRM
$36.4B
| $7.53M | 0.01% |
173,363
-199,200
| -53% | -$8.97M |
|
|
UNIT
1205
Uniti Group
UNIT
$2.36B
| $7.52M | 0.01% |
+607,986
| New | +$7.41M |
|
1206
Harvard Bioscience
HBIO
$27.5M
| $7.51M | 0.01% |
107,645
-15,690
| -13% | -$1.25M |
|
|
MTL
1207
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $7.48M | 0.01% |
1,841,287
-42,099
| -2% | -$118K |
|
|
RCM
1208
DELISTED
R1 RCM Inc. Common Stock
RCM
| $7.45M | 0.01% |
338,530
+24,732
| +8% | +$511K |
|
1209
Ares Management
ARES
$28.9B
| $7.43M | 0.01% |
100,700
-102,600
| -50% | -$7.39M |
|
|
ROIC
1210
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $7.42M | 0.01% |
426,200
-59,100
| -12% | -$1.04M |
|
|
HEXO
1211
DELISTED
HEXO Corp. Common Shares
HEXO
| $7.42M | 0.01% |
+288,402
| New | +$13.4M |
|
|
ZNH
1212
DELISTED
China Southern Airlines Company Limited
ZNH
| $7.41M | 0.01% |
266,400
-32,410
| -11% | -$914K |
|
|
CVET
1213
DELISTED
Covetrus, Inc. Common Stock
CVET
| $7.41M | 0.01% |
408,600
+296,100
| +263% | +$6.79M |
|
|
VG
1214
DELISTED
Vonage Holdings Corporation
VG
| $7.41M | 0.01% |
459,626
+166,003
| +57% | +$2.41M |
|
1215
Smith & Nephew
SNN
$13.3B
| $7.41M | 0.01% |
215,647
-4,603
| -2% | -$181K |
|
|
BBQ
1216
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $7.39M | 0.01% |
490,080
-44,268
| -8% | -$646K |
|
1217
Enterprise Products Partners
EPD
$82.3B
| $7.39M | 0.01% |
+341,699
| New | +$7.76M |
|
1218
LifeVantage
LFVN
$81.1M
| $7.39M | 0.01% |
1,091,718
-142,763
| -12% | -$1.05M |
|
1219
Kennametal
KMT
$2.59B
| $7.37M | 0.01% |
+215,150
| New | +$7.72M |
|
1220
Core Molding Technologies
CMT
$202M
| $7.36M | 0.01% |
639,164
-13,300
| -2% | -$188K |
|
|
UCTT
1221
Ultra Clean Holdings
UCTT
$3.73B
| $7.35M | 0.01% |
172,600
+125,400
| +266% | +$5.91M |
|
1222
BGC Group
BGC
$5.45B
| $7.35M | 0.01% |
1,410,748
+359,300
| +34% | +$1.91M |
|
1223
Cirrus Logic
CRUS
$6.53B
| $7.35M | 0.01% |
89,226
-9,594
| -10% | -$798K |
|
1224
TFI International
TFII
$11.1B
| $7.35M | 0.01% |
+71,763
| New | +$7.68M |
|
|
DSKE
1225
DELISTED
Daseke, Inc. Common Stock
DSKE
| $7.34M | 0.01% |
797,339
+83,334
| +12% | +$693K |
|
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Renaissance Technologies's Q3 2021 Portfolio in Review
As of Q3 2021, Renaissance Technologies held 4,070 positions worth $77.4B, down 3.3% from $80.1B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies's Q3 2021 filing shows 663 new, 931 increased, 1,797 reduced and 653 closed positions. Its largest new stake was Adobe: 1,030,433 shares worth $593M. The largest sale was Amazon, an estimated $897M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Staples.
- Renaissance Technologies's largest Q3 2021 buy was Adobe: 1,030,433 shares worth $593M.
- Renaissance Technologies added most to Nike in Q3 2021, an estimated $453M increase.
- Renaissance Technologies's biggest Q3 2021 reduction was Moderna, cutting an estimated $438M.
- Renaissance Technologies fully exited Amazon in Q3 2021, selling an estimated $897M.
- Renaissance Technologies's ten largest holdings make up 12% of its $77.4B portfolio in Q3 2021.
- Renaissance Technologies opened 663 new positions and closed 653 in Q3 2021.
- Renaissance Technologies's portfolio value fell 3.3% quarter-over-quarter to $77.4B.
Based on Renaissance Technologies's 13F filing for Q3 2021, filed 12 Nov 2021.