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 | |
|---|---|---|---|---|---|---|
|
INDT
1976
DELISTED
INDUS Realty Trust, Inc. (MD) Common Stock
INDT
| $2.6M | ﹤0.01% |
48,700
+803
| +2% | +$42.2K |
|
1977
FRP Holdings
FRPH
$432M
| $2.6M | ﹤0.01% |
124,800
-10,800
| -8% | -$222K |
|
|
APTX
1978
DELISTED
Aptinyx Inc. Common Stock
APTX
| $2.59M | ﹤0.01% |
767,314
+57,700
| +8% | +$221K |
|
1979
Madrigal Pharmaceuticals
MDGL
$11.1B
| $2.59M | ﹤0.01% |
21,782
-50,600
| -70% | -$5.49M |
|
1980
Tredegar Corp
TG
$267M
| $2.59M | ﹤0.01% |
173,900
-32,500
| -16% | -$533K |
|
1981
Insight Enterprises
NSIT
$3.98B
| $2.58M | ﹤0.01% |
+45,573
| New | +$2.44M |
|
|
MRLN
1982
DELISTED
Marlin Business Services Corp
MRLN
| $2.58M | ﹤0.01% |
365,671
+10,300
| +3% | +$75K |
|
1983
EnerSys
ENS
$6.88B
| $2.58M | ﹤0.01% |
38,400
-22,900
| -37% | -$1.57M |
|
1984
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.77B
| $2.57M | ﹤0.01% |
+83,368
| New | +$2.61M |
|
|
WMC
1985
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $2.56M | ﹤0.01% |
125,716
-49,929
| -28% | -$1.11M |
|
|
DISCK
1986
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $2.56M | ﹤0.01% |
+130,600
| New | +$2.58M |
|
1987
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.5B
| $2.54M | ﹤0.01% |
+86,900
| New | +$2.54M |
|
1988
Unum
UNM
$14.3B
| $2.54M | ﹤0.01% |
151,000
-25,600
| -14% | -$455K |
|
1989
Westamerica Bancorp
WABC
$1.39B
| $2.54M | ﹤0.01% |
46,731
-38,200
| -45% | -$2.23M |
|
1990
Silvercrest Asset Management
SAMG
$80.4M
| $2.54M | ﹤0.01% |
242,324
-27,886
| -10% | -$328K |
|
|
BLPH
1991
DELISTED
Bellerophon Therapeutics, Inc.
BLPH
| $2.53M | ﹤0.01% |
248,311
-49,800
| -17% | -$586K |
|
1992
Astronics
ATRO
$3.51B
| $2.53M | ﹤0.01% |
392,812
+266,212
| +210% | +$2.03M |
|
1993
Metropolitan Bank Holding Corp
MCB
$1.15B
| $2.52M | ﹤0.01% |
90,000
-11,225
| -11% | -$336K |
|
1994
UMB Financial
UMBF
$11.2B
| $2.52M | ﹤0.01% |
51,356
-134,144
| -72% | -$6.77M |
|
1995
CervoMed
CRVO
$24.1M
| $2.52M | ﹤0.01% |
39,847
-2,110
| -5% | -$160K |
|
1996
Global X Lithium & Battery Tech ETF
LIT
$1.5B
| $2.52M | ﹤0.01% |
+62,800
| New | +$2.36M |
|
|
LITB
1997
LightInTheBox
LITB
$58.9M
| $2.51M | ﹤0.01% |
216,487
+88,750
| +69% | +$972K |
|
1998
Eagle Bancorp
EGBN
$849M
| $2.5M | ﹤0.01% |
93,480
+41,695
| +81% | +$1.23M |
|
1999
Viasat
VSAT
$11.2B
| $2.5M | ﹤0.01% |
72,793
-21,500
| -23% | -$813K |
|
2000
Cabot Corp
CBT
$4.62B
| $2.5M | ﹤0.01% |
69,400
-63,200
| -48% | -$2.4M |
|
Similar funds
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.