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 | |
|---|---|---|---|---|---|---|
1451
Rafael Holdings
RFL
$104M
| $6.17M | 0.01% |
403,826
-15,007
| -4% | -$234K |
|
1452
Outfront Media
OUT
$5.58B
| $6.16M | 0.01% |
430,266
+414,010
| +2,547% | +$6.19M |
|
1453
Clarivate
CLVT
$1.26B
| $6.16M | 0.01% |
198,800
-198,600
| -50% | -$5.37M |
|
1454
Peoples Bancorp
PEBO
$1.5B
| $6.16M | 0.01% |
322,579
-99,400
| -24% | -$2.04M |
|
|
CNCE
1455
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $6.15M | 0.01% |
626,700
-17,300
| -3% | -$170K |
|
1456
Under Armour Class C
UA
$2.89B
| $6.15M | 0.01% |
625,000
+434,900
| +229% | +$4.08M |
|
1457
West Bancorporation
WTBA
$483M
| $6.15M | 0.01% |
388,152
-31,500
| -8% | -$533K |
|
|
HLG
1458
DELISTED
Hailiang Education Group Inc. American Depositary Shares
HLG
| $6.14M | 0.01% |
124,622
-1,300
| -1% | -$62.3K |
|
|
BMY.RT
1459
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $6.12M | 0.01% |
2,720,360
-3,333,700
| -55% | -$9.52M |
|
1460
GATX Corp
GATX
$6.36B
| $6.12M | 0.01% |
96,000
+25,300
| +36% | +$1.61M |
|
1461
Reynolds Consumer Products
REYN
$5.35B
| $6.12M | 0.01% |
199,700
+44,700
| +29% | +$1.47M |
|
1462
WaFd
WAFD
$2.76B
| $6.11M | 0.01% |
293,076
-40,200
| -12% | -$947K |
|
1463
Designer Brands
DBI
$321M
| $6.09M | 0.01% |
1,121,900
+179,770
| +19% | +$1.16M |
|
1464
Natural Gas Services Group
NGS
$461M
| $6.08M | 0.01% |
719,906
-21,351
| -3% | -$162K |
|
1465
iShares MSCI South Korea ETF
EWY
$22.5B
| $6.06M | 0.01% |
92,764
+74,364
| +404% | +$4.66M |
|
1466
Hanmi Financial
HAFC
$957M
| $6.06M | 0.01% |
737,585
-155,200
| -17% | -$1.44M |
|
1467
El Pollo Loco
LOCO
$508M
| $6.05M | 0.01% |
373,324
+103,724
| +38% | +$1.71M |
|
|
ESSA
1468
DELISTED
ESSA Bancorp
ESSA
| $6.04M | 0.01% |
490,128
-16,600
| -3% | -$216K |
|
1469
Medtronic
MDT
$112B
| $6.03M | 0.01% |
58,041
-2,086,100
| -97% | -$209M |
|
|
AEGN
1470
DELISTED
Aegion Corp
AEGN
| $6.02M | 0.01% |
426,296
+22,000
| +5% | +$347K |
|
|
MPT
1471
Medical Properties Trust
MPT
$2.75B
| $6.01M | 0.01% |
+340,700
| New | +$6.34M |
|
1472
White Mountains Insurance
WTM
$5.29B
| $6M | 0.01% |
7,700
-2,900
| -27% | -$2.51M |
|
|
STL
1473
DELISTED
Sterling Bancorp
STL
| $5.99M | 0.01% |
+569,388
| New | +$6.45M |
|
1474
Seneca Foods Class A
SENEA
$1.14B
| $5.99M | 0.01% |
167,563
-14,800
| -8% | -$597K |
|
1475
NACCO Industries
NC
$360M
| $5.99M | 0.01% |
328,644
-13,602
| -4% | -$295K |
|
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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.