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 | |
|---|---|---|---|---|---|---|---|
1501
AnaptysBio
ANAB
$1.37B
| $3.7M | 0.01% |
76,300
-47,000
| -38% | -$1.83M |
2023 Q1
11 quarters
|
|
1502
Procept Biorobotics
PRCT
$1.05B
| $3.7M | 0.01% |
+117,466
| New | +$3.9M |
2025 Q4
0 quarters
|
|
1503
NOV
NOV
$6.76B
| $3.69M | 0.01% |
236,110
-136,400
| -37% | -$2.02M |
2023 Q4
8 quarters
|
|
1504
Winnebago Industries
WGO
$661M
| $3.69M | 0.01% |
91,075
-138,125
| -60% | -$5.04M |
2024 Q3
5 quarters
|
|
1505
Edgewell Personal Care
EPC
$1.28B
| $3.67M | 0.01% |
+215,200
| New | +$3.98M |
2025 Q4
0 quarters
|
|
1506
HEICO Corp Class A
HEI.A
$31.2B
| $3.67M | 0.01% |
+14,527
| New | +$3.59M |
2025 Q4
0 quarters
|
|
1507
Central Garden & Pet Co
CENT
$2.54B
| $3.66M | 0.01% |
113,987
+14,900
| +15% | +$476K |
2013 Q2
50 quarters
|
|
1508
Guardian Pharmacy Services
GRDN
$2.61B
| $3.66M | 0.01% |
121,600
-25,000
| -17% | -$707K |
2024 Q4
4 quarters
|
|
1509
Delcath Systems
DCTH
$533M
| $3.65M | 0.01% |
361,599
+105,399
| +41% | +$1.05M |
2024 Q2
6 quarters
|
|
1510
Unisys
UIS
$162M
| $3.65M | 0.01% |
1,323,233
-42,347
| -3% | -$132K |
2022 Q4
12 quarters
|
|
1511
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$553M
| $3.65M | 0.01% |
22,900
+2,200
| +11% | +$302K |
2025 Q2
2 quarters
|
|
1512
Biglari Holdings Class B
BH
$1.16B
| $3.65M | 0.01% |
10,970
-4,406
| -29% | -$1.48M |
2023 Q1
11 quarters
|
|
1513
Forrester Research
FORR
$217M
| $3.64M | 0.01% |
448,006
-16,600
| -4% | -$130K |
2013 Q2
50 quarters
|
|
1514
Danaos Corp
DAC
$3.08B
| $3.64M | 0.01% |
38,600
+21,300
| +123% | +$1.96M |
2025 Q3
1 quarter
|
|
1515
Clearway Energy Class C
CWEN
$3.66B
| $3.63M | 0.01% |
109,200
-57,878
| -35% | -$1.93M |
2016 Q2
38 quarters
|
|
1516
Pultegroup
PHM
$21.4B
| $3.63M | 0.01% |
+30,967
| New | +$3.8M |
2025 Q4
0 quarters
|
|
1517
MGE Energy Inc
MGEE
$2.65B
| $3.63M | 0.01% |
46,300
+2,900
| +7% | +$238K |
2025 Q1
3 quarters
|
|
1518
Grupo Cibest SA
CIB
$22.4B
| $3.63M | 0.01% |
57,000
-164,700
| -74% | -$9.86M |
2022 Q4
12 quarters
|
|
1519
Rush Enterprises Class A
RUSHA
$5.2B
| $3.62M | 0.01% |
100,800
+24,600
| +32% | +$852K |
2016 Q1
39 quarters
|
|
1520
DELISTED
Golden Entertainment
GDEN
| $3.62M | 0.01% |
133,118
+77,668
| +140% | +$2.01M |
2025 Q3
1 quarter
|
|
1521
International General Insurance
IGIC
$1.04B
| $3.61M | 0.01% |
143,700
-8,800
| -6% | -$207K |
2022 Q4
12 quarters
|
|
1522
Rapport Therapeutics
RAPP
$1.47B
| $3.6M | 0.01% |
118,814
+83,514
| +237% | +$2.31M |
2025 Q2
2 quarters
|
|
1523
Ponce Financial Group
PDLB
$485M
| $3.6M | 0.01% |
220,247
+39,412
| +22% | +$607K |
2018 Q3
29 quarters
|
|
1524
Stratasys
SSYS
$699M
| $3.59M | 0.01% |
414,032
-86,000
| -17% | -$852K |
2020 Q2
22 quarters
|
|
1525
Urban Edge Properties
UE
$2.44B
| $3.59M | 0.01% |
187,273
+174,973
| +1,423% | +$3.4M |
2021 Q1
19 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.