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 | |
|---|---|---|---|---|---|---|
1276
Simulations Plus
SLP
$369M
| $8.18M | 0.01% |
108,500
-154,200
| -59% | -$9.89M |
|
|
VEDL
1277
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $8.17M | 0.01% |
1,105,760
-290,160
| -21% | -$1.9M |
|
1278
GameStop
GME
$9.75B
| $8.17M | 0.01% |
+3,202,956
| New | +$4.63M |
|
|
GRA
1279
DELISTED
W.R. Grace & Co.
GRA
| $8.15M | 0.01% |
202,300
+131,300
| +185% | +$5.98M |
|
|
TBCH
1280
Turtle Beach Corp
TBCH
$243M
| $8.13M | 0.01% |
446,794
+192,894
| +76% | +$3.46M |
|
1281
Federal Agricultural Mortgage
AGM
$2.47B
| $8.13M | 0.01% |
127,700
-69,100
| -35% | -$4.47M |
|
1282
Rigel Pharmaceuticals
RIGL
$681M
| $8.11M | 0.01% |
338,041
-243,727
| -42% | -$5.98M |
|
|
TNAV
1283
DELISTED
Telenav Inc.
TNAV
| $8.08M | 0.01% |
2,243,991
+19,500
| +0.9% | +$94.7K |
|
1284
Vitamin Cottage Natural Grocers
NGVC
$739M
| $8.08M | 0.01% |
819,215
+124,600
| +18% | +$1.63M |
|
|
MGP
1285
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $8.07M | 0.01% |
+288,400
| New | +$8.02M |
|
|
SP
1286
DELISTED
SP Plus Corporation
SP
| $8.04M | 0.01% |
448,000
-201,700
| -31% | -$3.71M |
|
1287
W.P. Carey
WPC
$16.8B
| $8.03M | 0.01% |
+125,889
| New | +$8.48M |
|
1288
Sally Beauty Holdings
SBH
$1.43B
| $8.02M | 0.01% |
923,100
+583,782
| +172% | +$7.02M |
|
1289
ICU Medical
ICUI
$4.21B
| $8.01M | 0.01% |
43,800
+31,000
| +242% | +$5.84M |
|
1290
Hawkins
HWKN
$2.67B
| $8M | 0.01% |
347,198
+64,000
| +23% | +$1.57M |
|
1291
California Water Service
CWT
$3.1B
| $8M | 0.01% |
184,100
+78,700
| +75% | +$3.66M |
|
1292
Amkor Technology
AMKR
$12.4B
| $8M | 0.01% |
714,000
-214,700
| -23% | -$2.66M |
|
|
ZVO
1293
DELISTED
Zovio Inc. Common Stock
ZVO
| $8M | 0.01% |
1,999,064
+243,758
| +14% | +$1.07M |
|
1294
Columbus McKinnon
CMCO
$553M
| $7.98M | 0.01% |
241,085
-31,300
| -11% | -$1.09M |
|
|
FPRX
1295
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $7.97M | 0.01% |
1,696,186
-47,862
| -3% | -$243K |
|
|
CHS
1296
DELISTED
Chicos FAS, Inc.
CHS
| $7.97M | 0.01% |
8,192,000
-311,100
| -4% | -$406K |
|
1297
Zions Bancorporation
ZION
$10.2B
| $7.95M | 0.01% |
+272,195
| New | +$8.77M |
|
|
HMTV
1298
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $7.92M | 0.01% |
911,400
+34,889
| +4% | +$313K |
|
1299
Old Second Bancorp
OSBC
$1.29B
| $7.91M | 0.01% |
1,055,225
-137,700
| -12% | -$1.1M |
|
1300
CEVA Inc
CEVA
$910M
| $7.88M | 0.01% |
200,200
-42,700
| -18% | -$1.69M |
|
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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.