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 | |
|---|---|---|---|---|---|---|
|
HMLP
1301
DELISTED
HOEGH LNG PARTNERS LP
HMLP
| $7.86M | 0.01% |
740,569
-65,900
| -8% | -$696K |
|
1302
Ceragon Networks
CRNT
$197M
| $7.84M | 0.01% |
3,149,700
+62,500
| +2% | +$150K |
|
1303
Encore Capital Group
ECPG
$2.02B
| $7.84M | 0.01% |
203,211
+119,300
| +142% | +$4.76M |
|
|
LEAF
1304
DELISTED
Leaf Group Ltd.
LEAF
| $7.84M | 0.01% |
1,561,767
+217,800
| +16% | +$1.03M |
|
|
PRGX
1305
DELISTED
PRGX Global, Inc.
PRGX
| $7.82M | 0.01% |
1,642,894
-22,305
| -1% | -$113K |
|
1306
Veeco
VECO
$3.05B
| $7.81M | 0.01% |
668,929
-470,556
| -41% | -$6M |
|
1307
Werner Enterprises
WERN
$2.24B
| $7.78M | 0.01% |
185,363
-225,900
| -55% | -$10M |
|
1308
Lakeland Financial Corp
LKFN
$1.56B
| $7.76M | 0.01% |
188,400
-52,300
| -22% | -$2.36M |
|
1309
Hovnanian Enterprises
HOV
$726M
| $7.73M | 0.01% |
237,615
+61,700
| +35% | +$1.71M |
|
|
ARA
1310
DELISTED
American Renal Associates Holdings, Inc
ARA
| $7.71M | 0.01% |
1,117,675
+27,800
| +3% | +$183K |
|
1311
Hilltop Holdings
HTH
$2.26B
| $7.71M | 0.01% |
374,700
-376,300
| -50% | -$7.3M |
|
1312
Mitek Systems
MITK
$754M
| $7.69M | 0.01% |
603,481
+54,400
| +10% | +$613K |
|
1313
Assured Guaranty
AGO
$3.66B
| $7.68M | 0.01% |
357,400
+315,990
| +763% | +$6.96M |
|
|
OXFD
1314
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $7.67M | 0.01% |
656,000
+73,300
| +13% | +$973K |
|
1315
Consolidated Water Co
CWCO
$467M
| $7.64M | 0.01% |
734,413
-7,300
| -1% | -$88.5K |
|
1316
FNB Corp
FNB
$6.73B
| $7.64M | 0.01% |
1,127,301
-1,402,900
| -55% | -$10.3M |
|
1317
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $7.64M | 0.01% |
240,000
+165,200
| +221% | +$5.13M |
|
|
PSB
1318
DELISTED
PS Business Parks, Inc.
PSB
| $7.61M | 0.01% |
62,200
+1,100
| +2% | +$142K |
|
1319
KKR & Co
KKR
$91.1B
| $7.58M | 0.01% |
220,650
+167,300
| +314% | +$5.85M |
|
|
ECHO
1320
DELISTED
Echo Global Logistics, Inc.
ECHO
| $7.57M | 0.01% |
293,900
+39,500
| +16% | +$1.01M |
|
|
ENZ
1321
DELISTED
Enzo Biochem, Inc.
ENZ
| $7.57M | 0.01% |
3,586,723
+121,445
| +4% | +$289K |
|
1322
Northwest Bancshares
NWBI
$2.3B
| $7.56M | 0.01% |
821,719
-484,149
| -37% | -$4.78M |
|
1323
Gorman-Rupp
GRC
$2.14B
| $7.54M | 0.01% |
256,036
-57,847
| -18% | -$1.83M |
|
1324
NNN REIT
NNN
$9.04B
| $7.52M | 0.01% |
217,900
-95,300
| -30% | -$3.41M |
|
1325
Blue Bird Corp
BLBD
$2.35B
| $7.52M | 0.01% |
618,122
+19,304
| +3% | +$241K |
|
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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.