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 | |
|---|---|---|---|---|---|---|
|
MCBC
1251
DELISTED
Macatawa Bank Corp
MCBC
| $8.48M | 0.01% |
1,298,784
-24,678
| -2% | -$178K |
|
1252
Canadian Natural Resources
CNQ
$99.4B
| $8.48M | 0.01% |
1,080,422
-966,887
| -47% | -$8.71M |
|
1253
MGIC Investment
MTG
$6.16B
| $8.47M | 0.01% |
956,200
+891,100
| +1,369% | +$7.59M |
|
|
CTXS
1254
DELISTED
Citrix Systems Inc
CTXS
| $8.47M | 0.01% |
61,490
-419,989
| -87% | -$60M |
|
1255
Community Trust Bancorp
CTBI
$1.42B
| $8.45M | 0.01% |
298,882
-7,500
| -2% | -$236K |
|
1256
Yeti Holdings
YETI
$3.71B
| $8.44M | 0.01% |
+186,300
| New | +$8.83M |
|
1257
Embotelladora Andina Series B
AKO.B
$4.74B
| $8.42M | 0.01% |
647,510
| – | – |
|
1258
Federated Hermes
FHI
$4.55B
| $8.41M | 0.01% |
391,200
-12,500
| -3% | -$296K |
|
|
BRT
1259
BRT Apartments
BRT
$281M
| $8.41M | 0.01% |
714,223
-38,800
| -5% | -$451K |
|
1260
Spire
SR
$4.72B
| $8.39M | 0.01% |
157,708
+42,608
| +37% | +$2.54M |
|
|
GWPH
1261
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $8.38M | 0.01% |
+86,102
| New | +$9.91M |
|
|
SPNE
1262
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $8.37M | 0.01% |
585,000
-45,500
| -7% | -$551K |
|
|
AZRE
1263
DELISTED
Azure Power Global Limited
AZRE
| $8.35M | 0.01% |
280,185
+51,900
| +23% | +$1.19M |
|
|
CSW
1264
CSW Industrials
CSW
$5.2B
| $8.34M | 0.01% |
107,900
-29,600
| -22% | -$2.15M |
|
|
MGIC
1265
DELISTED
Magic Software Enterprises
MGIC
| $8.33M | 0.01% |
634,665
+99,000
| +18% | +$1.29M |
|
1266
Donegal Group Class A
DGICA
$731M
| $8.33M | 0.01% |
591,811
-30,000
| -5% | -$428K |
|
|
PTVCB
1267
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $8.27M | 0.01% |
630,003
-8,000
| -1% | -$115K |
|
1268
Navient
NAVI
$789M
| $8.27M | 0.01% |
978,400
+624,100
| +176% | +$5.12M |
|
1269
Ironwood Pharmaceuticals
IRWD
$696M
| $8.26M | 0.01% |
917,753
-396,100
| -30% | -$3.94M |
|
|
TA
1270
DELISTED
TravelCenters of America LLC
TA
| $8.25M | 0.01% |
422,099
+66,900
| +19% | +$1.15M |
|
1271
Westwood Holdings Group
WHG
$182M
| $8.24M | 0.01% |
739,416
+59,858
| +9% | +$736K |
|
1272
AdaptHealth
AHCO
$1.47B
| $8.21M | 0.01% |
376,500
+181,600
| +93% | +$3.81M |
|
1273
Financial Institutions
FISI
$816M
| $8.2M | 0.01% |
532,700
-2,000
| -0.4% | -$32.8K |
|
|
DCOM
1274
DELISTED
Dime Community Bancshares
DCOM
| $8.2M | 0.01% |
724,972
-121,200
| -14% | -$1.51M |
|
1275
Enterprise Financial Services Corp
EFSC
$2.4B
| $8.18M | 0.01% |
300,100
-84,600
| -22% | -$2.5M |
|
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.