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 |
Alphabet (Google) Class A
GOOGL
|
+$546M |
| 2 |
Microsoft
MSFT
|
+$480M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$362M |
| 4 |
Meta Platforms (Facebook)
META
|
+$350M |
| 5 |
Coca-Cola
KO
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Robinhood
HOOD
|
+$1.04B |
| 2 |
Palantir
PLTR
|
+$800M |
| 3 |
Apple
AAPL
|
+$516M |
| 4 |
Netflix
NFLX
|
+$326M |
| 5 |
NVIDIA
NVDA
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.71% |
| 2 | Healthcare | 15.15% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Communication Services | 10.55% |
| 5 | Financials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
SNDK
176
Sandisk
SNDK
$234B
| $93.7M | 0.12% |
835,200
+422,100
| +102% | +$24.6M |
2025 Q2
1 quarter
|
|
177
Cenovus Energy
CVE
$58.4B
| $93.4M | 0.12% |
5,497,187
-1,787,707
| -25% | -$27.9M |
2019 Q1
26 quarters
|
|
178
Ambev
ABEV
$49B
| $92.9M | 0.12% |
41,653,800
-1,896,000
| -4% | -$4.34M |
2021 Q4
15 quarters
|
|
179
Brown & Brown
BRO
$21.1B
| $92.6M | 0.12% |
987,000
+183,888
| +23% | +$17.9M |
2024 Q2
5 quarters
|
|
180
Viking Holdings
VIK
$36.2B
| $91.8M | 0.12% |
1,476,105
+101,800
| +7% | +$6.07M |
2024 Q2
5 quarters
|
|
181
Fortive
FTV
$17.1B
| $89.8M | 0.12% |
1,834,000
+1,407,100
| +330% | +$69.3M |
2025 Q2
1 quarter
|
|
182
Toast
TOST
$17.7B
| $89.8M | 0.12% |
2,460,812
+17,000
| +0.7% | +$738K |
2024 Q2
5 quarters
|
|
183
United States Lime & Minerals
USLM
$3.14B
| $89.8M | 0.12% |
682,662
-33,188
| -5% | -$3.83M |
2013 Q2
49 quarters
|
|
184
Motorola Solutions
MSI
$73.9B
| $89.8M | 0.12% |
196,315
-98,400
| -33% | -$44.3M |
2023 Q4
7 quarters
|
|
185
Boston Scientific
BSX
$60.1B
| $89.5M | 0.12% |
917,105
-579,436
| -39% | -$60M |
2025 Q1
2 quarters
|
|
186
KLA
KLAC
$258B
| $89.3M | 0.12% |
+828,090
| New | +$77.3M |
2025 Q3
0 quarters
|
|
187
Fortinet
FTNT
$139B
| $89.2M | 0.12% |
1,060,952
-999,899
| -49% | -$89.2M |
2015 Q3
40 quarters
|
|
188
Dillards
DDS
$10.1B
| $88.5M | 0.12% |
144,100
+14,900
| +12% | +$7.7M |
2021 Q3
16 quarters
|
|
189
American Electric Power
AEP
$66.7B
| $88.5M | 0.12% |
786,900
+765,231
| +3,531% | +$83.7M |
2024 Q4
3 quarters
|
|
190
Mercury Insurance
MCY
$5.69B
| $88.4M | 0.12% |
1,043,182
-128,900
| -11% | -$9.51M |
2015 Q3
40 quarters
|
|
191
EOG Resources
EOG
$77.8B
| $87.4M | 0.12% |
779,800
-5,600
| -0.7% | -$668K |
2024 Q3
4 quarters
|
|
192
Intuitive Surgical
ISRG
$147B
| $87M | 0.11% |
+194,530
| New | +$93.3M |
2025 Q3
0 quarters
|
|
193
Deere & Co
DE
$175B
| $86.7M | 0.11% |
+189,600
| New | +$93.5M |
2025 Q3
0 quarters
|
|
194
Genmab
GMAB
$22.2B
| $86.5M | 0.11% |
2,821,543
+54,793
| +2% | +$1.34M |
2020 Q1
22 quarters
|
|
195
Pfizer
PFE
$158B
| $86.5M | 0.11% |
3,395,558
+2,795,525
| +466% | +$69M |
2025 Q1
2 quarters
|
|
196
JFrog
FROG
$12.2B
| $86M | 0.11% |
1,817,300
+195,400
| +12% | +$8.83M |
2021 Q3
16 quarters
|
|
197
General Motors
GM
$71.9B
| $85.8M | 0.11% |
1,407,600
+511,300
| +57% | +$28.5M |
2021 Q3
16 quarters
|
|
198
GSK
GSK
$93.1B
| $85.8M | 0.11% |
1,987,953
-262,900
| -12% | -$10.3M |
2013 Q2
49 quarters
|
|
199
IAMGOLD
IAG
$10.5B
| $85.8M | 0.11% |
6,634,404
-4,555,362
| -41% | -$39.9M |
2013 Q2
49 quarters
|
|
200
Aflac
AFL
$57.7B
| $85.5M | 0.11% |
765,000
+344,400
| +82% | +$36.2M |
2025 Q1
2 quarters
|
|
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Renaissance Technologies's Q3 2025 Portfolio in Review
As of Q3 2025, Renaissance Technologies held 4,038 positions worth $75.8B, up 0.77% from $75.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $5.41B in Q3 2025, closing 581 positions and reducing 1,457 holdings. Its most notable exit was GE Aerospace, an estimated $235M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class C worth $419M.
- Renaissance Technologies's largest Q3 2025 buy was Alphabet (Google) Class C: 1,720,002 shares worth $419M.
- Renaissance Technologies added most to Alphabet (Google) Class A in Q3 2025, an estimated $546M increase.
- Renaissance Technologies's biggest Q3 2025 reduction was Robinhood, cutting an estimated $1.04B.
- Renaissance Technologies fully exited GE Aerospace in Q3 2025, selling an estimated $235M.
- Renaissance Technologies's ten largest holdings make up 11% of its $75.8B portfolio in Q3 2025.
- Renaissance Technologies opened 515 new positions and closed 581 in Q3 2025.
- Renaissance Technologies's portfolio value rose 0.77% quarter-over-quarter to $75.8B.
Based on Renaissance Technologies's 13F filing for Q3 2025, filed 13 Nov 2025.