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 |
Costco
COST
|
+$616M |
| 2 |
Netflix
NFLX
|
+$481M |
| 3 |
Micron Technology
MU
|
+$416M |
| 4 |
Tesla
TSLA
|
+$416M |
| 5 |
Procter & Gamble
PG
|
+$322M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$885M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$660M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$463M |
| 4 |
Applovin
APP
|
+$430M |
| 5 |
Meta Platforms (Facebook)
META
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.84% |
| 2 | Healthcare | 15.76% |
| 3 | Consumer Discretionary | 13.86% |
| 4 | Industrials | 9.95% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1451
Inogen
INGN
$164M
| $3.92M | 0.01% |
583,000
-8,400
| -1% | -$63K |
2014 Q4
44 quarters
|
|
1452
N-able
NABL
$875M
| $3.91M | 0.01% |
523,000
+121,200
| +30% | +$925K |
2022 Q1
15 quarters
|
|
1453
Zeta Global
ZETA
$8.31B
| $3.9M | 0.01% |
191,863
-637,435
| -77% | -$11.9M |
2021 Q4
16 quarters
|
|
1454
Vanguard Health Care ETF
VHT
$19.3B
| $3.9M | 0.01% |
13,560
+8,160
| +151% | +$2.28M |
2025 Q2
2 quarters
|
|
1455
COPT Defense Properties
CDP
$3.8B
| $3.89M | 0.01% |
140,081
+121,881
| +670% | +$3.51M |
2024 Q1
7 quarters
|
|
1456
Zentalis Pharmaceuticals
ZNTL
$250M
| $3.89M | 0.01% |
2,883,745
+558,390
| +24% | +$813K |
2023 Q1
11 quarters
|
|
1457
Richardson Electronics
RELL
$309M
| $3.89M | 0.01% |
357,177
-19,900
| -5% | -$212K |
2013 Q2
50 quarters
|
|
1458
CTO Realty Growth
CTO
$768M
| $3.88M | 0.01% |
210,501
+33,268
| +19% | +$569K |
2023 Q2
10 quarters
|
|
1459
Ichor Holdings
ICHR
$2.24B
| $3.87M | 0.01% |
210,000
-207,900
| -50% | -$3.85M |
2025 Q3
1 quarter
|
|
1460
Shutterstock
SSTK
$161M
| $3.86M | 0.01% |
202,301
+71,300
| +54% | +$1.52M |
2017 Q4
32 quarters
|
|
1461
American Integrity Insurance
AII
$525M
| $3.86M | 0.01% |
185,400
+170,100
| +1,112% | +$3.78M |
2025 Q3
1 quarter
|
|
1462
Pangaea Logistics
PANL
$545M
| $3.86M | 0.01% |
561,000
-58,735
| -9% | -$355K |
2021 Q1
19 quarters
|
|
1463
TechTarget
TTGT
$285M
| $3.86M | 0.01% |
714,100
-149,700
| -17% | -$806K |
2013 Q2
50 quarters
|
|
1464
4D Molecular Therapeutics
FDMT
$736M
| $3.85M | 0.01% |
512,900
+199,714
| +64% | +$2.03M |
2025 Q1
3 quarters
|
|
1465
Lithium Americas
LAC
$853M
| $3.83M | 0.01% |
+879,200
| New | +$5.08M |
2025 Q4
0 quarters
|
|
1466
Photronics
PLAB
$1.75B
| $3.83M | 0.01% |
119,748
-112,545
| -48% | -$2.9M |
2023 Q1
11 quarters
|
|
1467
DELISTED
American Express Global Business Travel
GBTG
| $3.83M | 0.01% |
500,720
-190,900
| -28% | -$1.48M |
2023 Q4
8 quarters
|
|
1468
Vestis
VSTS
$1.87B
| $3.83M | 0.01% |
573,800
+15,669
| +3% | +$91.3K |
2023 Q4
8 quarters
|
|
1469
Kewaunee Scientific
KEQU
$97.8M
| $3.81M | 0.01% |
101,911
-3,000
| -3% | -$122K |
2013 Q4
48 quarters
|
|
1470
Orion Office REIT
ONL
$124M
| $3.81M | 0.01% |
1,685,800
+14,200
| +0.8% | +$33.5K |
2022 Q1
15 quarters
|
|
1471
Evertec
EVTC
$1.77B
| $3.81M | 0.01% |
130,938
-145,888
| -53% | -$4.33M |
2014 Q2
46 quarters
|
|
1472
Sasol
SSL
$9.69B
| $3.8M | 0.01% |
583,900
+66,900
| +13% | +$423K |
2021 Q4
16 quarters
|
|
1473
iShares S&P 100 ETF
OEF
$20.8B
| $3.8M | 0.01% |
11,080
-9,620
| -46% | -$3.27M |
2025 Q2
2 quarters
|
|
1474
Everus Construction Group
ECG
$6.25B
| $3.8M | 0.01% |
44,400
+37,700
| +563% | +$3.37M |
2025 Q1
3 quarters
|
|
1475
Shinhan Financial Group
SHG
$35.5B
| $3.8M | 0.01% |
70,800
-24,100
| -25% | -$1.27M |
2024 Q3
5 quarters
|
|
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Renaissance Technologies's Q4 2025 Portfolio in Review
As of Q4 2025, Renaissance Technologies held 3,923 positions worth $64.5B, down 15% from $75.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Renaissance Technologies withdrew a net $10.1B in Q4 2025, closing 736 positions and reducing 1,682 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $354M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in ServiceNow worth $204M.
- Renaissance Technologies's largest Q4 2025 buy was ServiceNow: 1,331,977 shares worth $204M.
- Renaissance Technologies added most to Costco in Q4 2025, an estimated $616M increase.
- Renaissance Technologies's biggest Q4 2025 reduction was NVIDIA, cutting an estimated $885M.
- Renaissance Technologies fully exited Meta Platforms (Facebook) in Q4 2025, selling an estimated $354M.
- Renaissance Technologies's ten largest holdings make up 12% of its $64.5B portfolio in Q4 2025.
- Renaissance Technologies opened 466 new positions and closed 736 in Q4 2025.
- Renaissance Technologies's portfolio value fell 15% quarter-over-quarter to $64.5B.
Based on Renaissance Technologies's 13F filing for Q4 2025, filed 12 Feb 2026.