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 | |
|---|---|---|---|---|---|---|---|
126
Grupo Aeroportuario del Pacifico
PAC
$11.6B
| $114M | 0.18% |
432,200
-37,500
| -8% | -$8.71M |
2013 Q2
50 quarters
|
|
127
Chunghwa Telecom
CHT
$35.8B
| $114M | 0.18% |
2,728,476
-79,391
| -3% | -$3.36M |
2013 Q2
50 quarters
|
|
128
Otis Worldwide
OTIS
$25B
| $113M | 0.18% |
1,296,600
+759,700
| +141% | +$68M |
2025 Q2
2 quarters
|
|
129
Petrobras
PBR
$160B
| $113M | 0.18% |
9,555,200
-992,300
| -9% | -$12.1M |
2021 Q4
16 quarters
|
|
130
Starbucks
SBUX
$102B
| $112M | 0.17% |
+1,331,884
| New | +$112M |
2025 Q4
0 quarters
|
|
131
AT&T
T
$170B
| $111M | 0.17% |
4,487,446
+1,867,795
| +71% | +$47.3M |
2025 Q1
3 quarters
|
|
132
Dave Inc
DAVE
$4.44B
| $111M | 0.17% |
499,100
+112,700
| +29% | +$24.2M |
2023 Q4
8 quarters
|
|
133
HP
HPQ
$29.2B
| $110M | 0.17% |
4,948,700
+4,267,600
| +627% | +$109M |
2025 Q3
1 quarter
|
|
134
Enova International
ENVA
$4.52B
| $109M | 0.17% |
694,837
-32,700
| -4% | -$4.26M |
2015 Q2
42 quarters
|
|
135
Murphy USA
MUSA
$9.66B
| $109M | 0.17% |
270,142
-46,220
| -15% | -$17.7M |
2018 Q4
28 quarters
|
|
136
Genmab
GMAB
$21.8B
| $108M | 0.17% |
3,492,850
+671,307
| +24% | +$20.9M |
2020 Q1
23 quarters
|
|
137
Williams-Sonoma
WSM
$28.4B
| $107M | 0.17% |
600,700
-84,400
| -12% | -$15.8M |
2024 Q1
7 quarters
|
|
138
Perdoceo Education
PRDO
$2.07B
| $107M | 0.17% |
3,654,064
-177,993
| -5% | -$5.62M |
2013 Q2
50 quarters
|
|
139
Frontdoor
FTDR
$5.49B
| $105M | 0.16% |
1,825,987
-155,000
| -8% | -$9.12M |
2019 Q2
26 quarters
|
|
140
Seagate
STX
$177B
| $105M | 0.16% |
381,893
+324,829
| +569% | +$84.3M |
2024 Q2
6 quarters
|
|
141
Virtu Financial
VIRT
$5.17B
| $105M | 0.16% |
3,144,568
-499,455
| -14% | -$17.1M |
2020 Q1
23 quarters
|
|
142
Doximity
DOCS
$5.22B
| $105M | 0.16% |
2,365,449
+185,247
| +8% | +$10.4M |
2021 Q4
16 quarters
|
|
143
Watsco Inc
WSO
$11.6B
| $103M | 0.16% |
305,280
+167,080
| +121% | +$59.7M |
2024 Q3
5 quarters
|
|
144
Walt Disney
DIS
$184B
| $103M | 0.16% |
902,700
+389,686
| +76% | +$42.9M |
2024 Q2
6 quarters
|
|
145
Booking.com
BKNG
$119B
| $102M | 0.16% |
476,900
+474,200
| +17,563% | +$97.6M |
2025 Q3
1 quarter
|
|
146
JFrog
FROG
$12.3B
| $102M | 0.16% |
1,634,248
-183,052
| -10% | -$10.4M |
2021 Q3
17 quarters
|
|
147
Eaton
ETN
$165B
| $102M | 0.16% |
+319,231
| New | +$113M |
2025 Q4
0 quarters
|
|
148
Arista Networks
ANET
$269B
| $102M | 0.16% |
774,840
+89,600
| +13% | +$12.3M |
2023 Q2
10 quarters
|
|
149
National Beverage
FIZZ
$2.86B
| $101M | 0.16% |
3,176,097
-48,569
| -2% | -$1.67M |
2013 Q2
50 quarters
|
|
|
HOLX
150
DELISTED
Hologic
HOLX
| $98.6M | 0.15% |
1,323,090
+399,400
| +43% | +$29.2M |
2020 Q3
21 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.