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 | |
|---|---|---|---|---|---|---|---|
1601
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.95B
| $3.21M | 0.01% |
87,172
-44,049
| -34% | -$1.59M |
2025 Q1
3 quarters
|
|
1602
ScottsMiracle-Gro
SMG
$2.91B
| $3.18M | ﹤0.01% |
54,500
-307,700
| -85% | -$17.3M |
2025 Q2
2 quarters
|
|
1603
LCI Industries
LCII
$1.92B
| $3.18M | ﹤0.01% |
26,197
-56,403
| -68% | -$6M |
2024 Q4
4 quarters
|
|
1604
BlackRock Flexible Income ETF
BINC
$16.5B
| $3.17M | ﹤0.01% |
60,151
-512,502
| -89% | -$27.2M |
2024 Q1
7 quarters
|
|
1605
Digital Realty Trust
DLR
$66.8B
| $3.17M | ﹤0.01% |
20,502
-96,681
| -83% | -$15.9M |
2024 Q2
6 quarters
|
|
1606
ECARX Holdings
ECX
$343M
| $3.17M | ﹤0.01% |
1,842,100
+667,800
| +57% | +$1.35M |
2024 Q4
4 quarters
|
|
1607
ProShares Ultra Bitcoin ETF
BITU
$585M
| $3.17M | ﹤0.01% |
143,400
+135,100
| +1,628% | +$5.26M |
2025 Q2
2 quarters
|
|
1608
Erasca
ERAS
$5.41B
| $3.16M | ﹤0.01% |
850,100
-164,905
| -16% | -$464K |
2022 Q4
12 quarters
|
|
1609
Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETF
GPIQ
$6.33B
| $3.16M | ﹤0.01% |
59,800
-1,600
| -3% | -$84.5K |
2025 Q3
1 quarter
|
|
1610
Nkarta
NKTX
$155M
| $3.15M | ﹤0.01% |
1,702,022
+556,945
| +49% | +$1.11M |
2021 Q3
17 quarters
|
|
1611
DELISTED
ProAssurance
PRA
| $3.15M | ﹤0.01% |
130,200
-193,500
| -60% | -$4.65M |
2014 Q4
44 quarters
|
|
1612
Tucows
TCX
$94.8M
| $3.14M | ﹤0.01% |
139,851
-6,500
| -4% | -$132K |
2013 Q2
50 quarters
|
|
1613
Enerflex
EFXT
$2.94B
| $3.13M | ﹤0.01% |
203,100
-41,700
| -17% | -$554K |
2023 Q1
11 quarters
|
|
1614
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $3.13M | ﹤0.01% |
29,600
+19,600
| +196% | +$2.15M |
2025 Q3
1 quarter
|
|
1615
White Mountains Insurance
WTM
$4.98B
| $3.12M | ﹤0.01% |
1,501
-350
| -19% | -$684K |
2025 Q3
1 quarter
|
|
1616
ProShares Ultra S&P500
SSO
$9.09B
| $3.12M | ﹤0.01% |
53,800
+1,600
| +3% | +$91.6K |
2025 Q2
2 quarters
|
|
1617
Chegg
CHGG
$78.9M
| $3.1M | ﹤0.01% |
3,335,980
+279,890
| +9% | +$305K |
2022 Q1
15 quarters
|
|
1618
DELISTED
RAPT Therapeutics
RAPT
| $3.09M | ﹤0.01% |
91,173
+56,862
| +166% | +$1.77M |
2024 Q1
7 quarters
|
|
1619
Sylvamo
SLVM
$1.24B
| $3.07M | ﹤0.01% |
63,700
-107,600
| -63% | -$4.9M |
2021 Q4
16 quarters
|
|
1620
Varex Imaging
VREX
$785M
| $3.06M | ﹤0.01% |
263,000
-1,900
| -0.7% | -$22.3K |
2021 Q3
17 quarters
|
|
1621
C4 Therapeutics
CCCC
$376M
| $3.06M | ﹤0.01% |
1,602,580
+665,630
| +71% | +$1.58M |
2025 Q1
3 quarters
|
|
1622
JetBlue
JBLU
$1.37B
| $3.04M | ﹤0.01% |
668,700
+626,700
| +1,492% | +$2.86M |
2025 Q3
1 quarter
|
|
1623
Ryerson Holding Corp
RYZ
$1.37B
| $3.01M | ﹤0.01% |
119,697
-40,859
| -25% | -$940K |
2019 Q4
24 quarters
|
|
1624
Vaxcyte
PCVX
$11B
| $3.01M | ﹤0.01% |
65,211
-15,266
| -19% | -$683K |
2024 Q4
4 quarters
|
|
1625
La-Z-Boy
LZB
$1.17B
| $3.01M | ﹤0.01% |
80,700
+16,400
| +26% | +$575K |
2025 Q2
2 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.