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 | |
|---|---|---|---|---|---|---|
1776
Aurinia Pharmaceuticals
AUPH
$1.87B
| $3.53M | ﹤0.01% |
239,400
-918,100
| -79% | -$13.3M |
|
1777
Aemetis
AMTX
$107M
| $3.52M | ﹤0.01% |
1,101,628
+726,821
| +194% | +$1.33M |
|
1778
Richardson Electronics
RELL
$287M
| $3.52M | ﹤0.01% |
843,722
+13,349
| +2% | +$57.7K |
|
1779
Schrodinger
SDGR
$1.14B
| $3.52M | ﹤0.01% |
74,027
+4,527
| +7% | +$311K |
|
1780
Corvus Pharmaceuticals
CRVS
$1.12B
| $3.51M | ﹤0.01% |
875,000
-156,900
| -15% | -$627K |
|
|
BVH
1781
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $3.5M | ﹤0.01% |
261,699
+5,934
| +2% | +$86.5K |
|
1782
Goldman Sachs
GS
$303B
| $3.5M | ﹤0.01% |
+17,421
| New | +$3.54M |
|
1783
Sensata Technologies
ST
$6.81B
| $3.49M | ﹤0.01% |
81,000
-279,800
| -78% | -$11.4M |
|
|
OSB
1784
DELISTED
Norbord Inc.
OSB
| $3.49M | ﹤0.01% |
+118,270
| New | +$3.69M |
|
1785
Travelzoo
TZOO
$75.9M
| $3.49M | ﹤0.01% |
542,649
-20,500
| -4% | -$137K |
|
|
ONDK
1786
DELISTED
On Deck Capital, Inc.
ONDK
| $3.49M | ﹤0.01% |
2,179,125
-973,108
| -31% | -$1.32M |
|
|
ECOM
1787
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $3.48M | ﹤0.01% |
240,509
-416,400
| -63% | -$6.91M |
|
1788
Diamondrock Hospitality Co
DRH
$2.74B
| $3.47M | ﹤0.01% |
683,984
-560,900
| -45% | -$2.92M |
|
|
ARI
1789
Apollo Commercial Real Estate
ARI
$892M
| $3.46M | ﹤0.01% |
383,840
+201,600
| +111% | +$1.86M |
|
1790
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.04B
| $3.45M | ﹤0.01% |
+116,000
| New | +$3.48M |
|
1791
Genasys
GNSS
$78.3M
| $3.45M | ﹤0.01% |
560,336
-47,500
| -8% | -$226K |
|
|
ATNX
1792
DELISTED
Athenex, Inc. Common Stock
ATNX
| $3.44M | ﹤0.01% |
14,235
+7,355
| +107% | +$1.77M |
|
1793
Miller Industries
MLR
$572M
| $3.44M | ﹤0.01% |
112,600
-39,800
| -26% | -$1.2M |
|
1794
National CineMedia
NCMI
$392M
| $3.44M | ﹤0.01% |
126,569
-74,720
| -37% | -$2.35M |
|
1795
Orrstown Financial Services
ORRF
$859M
| $3.42M | ﹤0.01% |
267,399
-15,000
| -5% | -$207K |
|
1796
Cathay General Bancorp
CATY
$4.27B
| $3.42M | ﹤0.01% |
157,771
+14,100
| +10% | +$345K |
|
|
ALPN
1797
DELISTED
Alpine Immune Sciences Inc
ALPN
| $3.42M | ﹤0.01% |
388,683
+164,028
| +73% | +$1.5M |
|
1798
First Trust Preferred Securities and Income ETF
FPE
$6.34B
| $3.41M | ﹤0.01% |
178,000
+136,000
| +324% | +$2.6M |
|
1799
Brixmor Property Group
BRX
$9.68B
| $3.4M | ﹤0.01% |
291,300
-461,600
| -61% | -$5.57M |
|
|
PWOD
1800
DELISTED
Penns Woods Bancorp
PWOD
| $3.4M | ﹤0.01% |
171,518
-7,584
| -4% | -$158K |
|
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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.