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 | |
|---|---|---|---|---|---|---|
|
ALTA
1726
DELISTED
Altabancorp
ALTA
| $3.87M | ﹤0.01% |
192,240
-23,100
| -11% | -$470K |
|
|
NUVA
1727
DELISTED
NuVasive, Inc.
NUVA
| $3.87M | ﹤0.01% |
79,588
+61,700
| +345% | +$3.32M |
|
|
IEA
1728
DELISTED
Infrastructure and Energy Alternatives, Inc. Common Stock
IEA
| $3.86M | ﹤0.01% |
649,180
+339,797
| +110% | +$1.47M |
|
1729
Natural Alternatives International
NAII
$14.2M
| $3.86M | ﹤0.01% |
511,202
-3,061
| -0.6% | -$22K |
|
1730
Blackstone Mortgage Trust
BXMT
$2.46B
| $3.86M | ﹤0.01% |
+175,580
| New | +$4.11M |
|
1731
Rogers Corp
ROG
$2.24B
| $3.85M | ﹤0.01% |
39,300
-5,300
| -12% | -$623K |
|
1732
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
| $3.83M | ﹤0.01% |
41,880
-73,270
| -64% | -$6.71M |
|
1733
Coty
COTY
$2.46B
| $3.83M | ﹤0.01% |
1,419,630
-1,015,352
| -42% | -$3.83M |
|
|
OBCI
1734
DELISTED
Ocean Bio-Chem Inc
OBCI
| $3.83M | ﹤0.01% |
267,045
+29,900
| +13% | +$453K |
|
1735
Modine Manufacturing
MOD
$10.4B
| $3.82M | ﹤0.01% |
611,592
+171,185
| +39% | +$1.04M |
|
1736
Entravision Communication
EVC
$1.02B
| $3.82M | ﹤0.01% |
2,510,343
+117,700
| +5% | +$169K |
|
|
TVRD
1737
Tvardi Therapeutics
TVRD
$19M
| $3.8M | ﹤0.01% |
8,305
+5,837
| +237% | +$3.39M |
|
1738
Factset
FDS
$9.59B
| $3.8M | ﹤0.01% |
+11,350
| New | +$3.92M |
|
1739
Kemper
KMPR
$1.72B
| $3.8M | ﹤0.01% |
56,877
-130,359
| -70% | -$9.9M |
|
|
TPIC
1740
DELISTED
TPI Composites
TPIC
| $3.8M | ﹤0.01% |
+131,200
| New | +$3.68M |
|
1741
Acadia Realty Trust
AKR
$3.07B
| $3.79M | ﹤0.01% |
360,701
-182,100
| -34% | -$2.18M |
|
|
VRN
1742
DELISTED
Veren
VRN
| $3.78M | ﹤0.01% |
+3,117,647
| New | +$5.06M |
|
1743
First Bancorp
FNLC
$402M
| $3.77M | ﹤0.01% |
178,895
-13,700
| -7% | -$286K |
|
1744
Harvard Bioscience
HBIO
$28.5M
| $3.77M | ﹤0.01% |
125,135
+21,922
| +21% | +$737K |
|
1745
Red Rock Resorts
RRR
$3.84B
| $3.76M | ﹤0.01% |
219,800
-544,900
| -71% | -$7.93M |
|
|
AERI
1746
DELISTED
Aerie Pharmaceuticals
AERI
| $3.76M | ﹤0.01% |
319,100
+33,100
| +12% | +$403K |
|
|
BEST
1747
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $3.74M | ﹤0.01% |
62,320
-23,780
| -28% | -$1.95M |
|
1748
SPDR Gold Trust
GLD
$131B
| $3.74M | ﹤0.01% |
21,100
-56,300
| -73% | -$10.1M |
|
|
AAT
1749
American Assets Trust
AAT
$1.47B
| $3.73M | ﹤0.01% |
154,781
+92,281
| +148% | +$2.4M |
|
1750
Alarm.com
ALRM
$2.75B
| $3.73M | ﹤0.01% |
+67,487
| New | +$4.17M |
|
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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.