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 |
Broadcom
AVGO
|
+$513M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$412M |
| 3 |
Meta Platforms (Facebook)
META
|
+$354M |
| 4 |
ServiceNow
NOW
|
+$262M |
| 5 |
American Airlines Group
AAL
|
+$259M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palantir
PLTR
|
+$571M |
| 2 |
Apple
AAPL
|
+$571M |
| 3 |
Netflix
NFLX
|
+$388M |
| 4 |
NVIDIA
NVDA
|
+$313M |
| 5 |
TSMC
TSM
|
+$211M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Healthcare | 15.28% |
| 3 | Consumer Discretionary | 11.85% |
| 4 | Financials | 11.11% |
| 5 | Industrials | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Dick's Sporting Goods
DKS
$18.4B
| $127M | 0.19% |
630,685
-229,400
| -27% | -$51.2M |
|
102
Bristol-Myers Squibb
BMY
$129B
| $127M | 0.19% |
2,074,133
+1,013,600
| +96% | +$59.1M |
|
103
GE Aerospace
GE
$364B
| $125M | 0.19% |
626,801
+71,001
| +13% | +$14M |
|
104
Verisk Analytics
VRSK
$27.9B
| $123M | 0.19% |
411,800
-69,200
| -14% | -$19.9M |
|
105
Kroger
KR
$36.7B
| $122M | 0.18% |
1,800,051
-564,800
| -24% | -$35.8M |
|
106
Dr. Reddy's Laboratories
RDY
$9.8B
| $121M | 0.18% |
9,195,228
-223,200
| -2% | -$3.08M |
|
107
Chunghwa Telecom
CHT
$33.5B
| $120M | 0.18% |
3,063,156
+103,200
| +3% | +$3.98M |
|
108
GoDaddy
GDDY
$13.9B
| $119M | 0.18% |
657,900
-3,100
| -0.5% | -$592K |
|
|
109
NVIDIA
NVDA
$4.6T
| $118M | 0.18% |
1,084,960
-2,466,267
| -69% | -$313M |
|
110
Coupang
CPNG
$27.2B
| $118M | 0.18% |
5,361,675
+873,100
| +19% | +$20.3M |
|
111
Interactive Brokers
IBKR
$38.4B
| $117M | 0.18% |
2,837,240
+417,600
| +17% | +$20.7M |
|
112
Itaú Unibanco
ITUB
$89.8B
| $117M | 0.18% |
21,970,488
+9,557,706
| +77% | +$48.1M |
|
113
Sterling Infrastructure
STRL
$15.2B
| $117M | 0.18% |
1,029,454
+156,100
| +18% | +$22M |
|
114
Tencent Music
TME
$15.9B
| $116M | 0.18% |
8,053,290
+62,100
| +0.8% | +$775K |
|
115
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $115M | 0.17% |
2,277,600
+446,800
| +24% | +$22.6M |
|
116
iShares 0-3 Month Treasury Bond ETF
SGOV
$99.4B
| $115M | 0.17% |
1,143,900
+221,500
| +24% | +$22.3M |
|
117
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $115M | 0.17% |
1,255,300
+245,300
| +24% | +$22.5M |
|
118
Datadog
DDOG
$94B
| $115M | 0.17% |
1,160,352
+117,500
| +11% | +$14.8M |
|
119
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $115M | 0.17% |
1,143,300
+228,100
| +25% | +$22.9M |
|
120
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $115M | 0.17% |
2,313,100
+462,700
| +25% | +$23M |
|
121
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $115M | 0.17% |
1,040,800
+202,700
| +24% | +$22.4M |
|
122
iShares Treasury Floating Rate Bond ETF
TFLO
$6.54B
| $115M | 0.17% |
2,266,700
+441,300
| +24% | +$22.3M |
|
|
TBIL
123
F/m US Treasury 3 Month Bill Fund
TBIL
$7.19B
| $115M | 0.17% |
2,293,700
+451,500
| +25% | +$22.5M |
|
124
Alpha Architect 1-3 Month Box ETF
BOXX
$13.1B
| $115M | 0.17% |
1,028,500
+200,800
| +24% | +$22.3M |
|
125
Costco
COST
$432B
| $115M | 0.17% |
+121,199
| New | +$118M |
|
Similar funds
Renaissance Technologies's Q1 2025 Portfolio in Review
As of Q1 2025, Renaissance Technologies held 3,989 positions worth $66.1B, down 2.2% from $67.6B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies's Q1 2025 filing shows 456 new, 1,472 increased, 1,441 reduced and 583 closed positions. Its largest new stake was ServiceNow: 1,361,505 shares worth $217M. The largest sale was Palantir, an estimated $571M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 21% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Renaissance Technologies's largest Q1 2025 buy was ServiceNow: 1,361,505 shares worth $217M.
- Renaissance Technologies added most to Broadcom in Q1 2025, an estimated $513M increase.
- Renaissance Technologies's biggest Q1 2025 reduction was Palantir, cutting an estimated $571M.
- Renaissance Technologies fully exited Nike in Q1 2025, selling an estimated $197M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.1B portfolio in Q1 2025.
- Renaissance Technologies opened 456 new positions and closed 583 in Q1 2025.
- Renaissance Technologies's portfolio value fell 2.2% quarter-over-quarter to $66.1B.
Based on Renaissance Technologies's 13F filing for Q1 2025, filed 14 May 2025.