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 | |
|---|---|---|---|---|---|---|---|
1976
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19B
| $1.67M | ﹤0.01% |
6,000
-1,300
| -18% | -$372K |
2024 Q1
7 quarters
|
|
1977
Kyverna Therapeutics
KYTX
$354M
| $1.67M | ﹤0.01% |
177,899
+13,285
| +8% | +$98.6K |
2024 Q4
4 quarters
|
|
1978
Transact Technologies
TACT
$46.3M
| $1.67M | ﹤0.01% |
417,437
+18,122
| +5% | +$82K |
2013 Q2
50 quarters
|
|
1979
Schwab 1000 Index ETF
SCHK
$5.76B
| $1.67M | ﹤0.01% |
50,800
-60,800
| -54% | -$1.98M |
2023 Q2
10 quarters
|
|
1980
Sypris Solutions
SYPR
$40.5M
| $1.66M | ﹤0.01% |
679,221
-13,431
| -2% | -$29.1K |
2013 Q2
50 quarters
|
|
1981
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.69B
| $1.65M | ﹤0.01% |
+86,600
| New | +$1.72M |
2025 Q4
0 quarters
|
|
1982
Black Rock Coffee Bar Inc
BRCB
$158M
| $1.65M | ﹤0.01% |
+74,304
| New | +$1.72M |
2025 Q4
0 quarters
|
|
1983
Valhi
VHI
$409M
| $1.65M | ﹤0.01% |
136,917
-5,600
| -4% | -$74.7K |
2014 Q2
46 quarters
|
|
1984
Niu Technologies
NIU
$149M
| $1.65M | ﹤0.01% |
544,400
+250,800
| +85% | +$971K |
2021 Q4
16 quarters
|
|
1985
American Outdoor Brands
AOUT
$217M
| $1.65M | ﹤0.01% |
213,168
-18,000
| -8% | -$133K |
2020 Q3
21 quarters
|
|
1986
Innoviz Technologies
INVZ
$86.7M
| $1.65M | ﹤0.01% |
+1,928,653
| New | +$3.05M |
2025 Q4
0 quarters
|
|
1987
Kodak
KODK
$863M
| $1.64M | ﹤0.01% |
+194,345
| New | +$1.45M |
2025 Q4
0 quarters
|
|
|
WSR
1988
DELISTED
Whitestone REIT
WSR
| $1.64M | ﹤0.01% |
118,300
+40,500
| +52% | +$522K |
2013 Q4
48 quarters
|
|
1989
ClearPoint Neuro
CLPT
$285M
| $1.64M | ﹤0.01% |
+120,000
| New | +$2.22M |
2025 Q4
0 quarters
|
|
1990
Cato Corp
CATO
$46M
| $1.64M | ﹤0.01% |
530,600
-17,102
| -3% | -$62.9K |
2018 Q3
29 quarters
|
|
1991
F&G Annuities & Life
FG
$2.51B
| $1.64M | ﹤0.01% |
53,000
-19,600
| -27% | -$613K |
2023 Q2
10 quarters
|
|
1992
DELISTED
Generation Bio
GBIO
| $1.63M | ﹤0.01% |
287,614
-56,649
| -16% | -$320K |
2021 Q4
16 quarters
|
|
1993
Agilon Health
AGL
$1.44B
| $1.63M | ﹤0.01% |
94,841
+36,457
| +62% | +$707K |
2024 Q3
5 quarters
|
|
1994
Murphy Oil
MUR
$5.64B
| $1.63M | ﹤0.01% |
52,237
+7,637
| +17% | +$230K |
2024 Q3
5 quarters
|
|
1995
Enovix
ENVX
$520M
| $1.63M | ﹤0.01% |
223,149
+110,300
| +98% | +$1.07M |
2025 Q3
1 quarter
|
|
1996
Pattern Group Inc
PTRN
$2.94B
| $1.63M | ﹤0.01% |
+140,851
| New | +$2.05M |
2025 Q4
0 quarters
|
|
1997
Telesat
TSAT
$658M
| $1.62M | ﹤0.01% |
55,800
-5,846
| -9% | -$170K |
2025 Q1
3 quarters
|
|
1998
The Honest Company
HNST
$545M
| $1.62M | ﹤0.01% |
628,600
-1,496,500
| -70% | -$4.59M |
2021 Q4
16 quarters
|
|
1999
Valens Semiconductor
VLN
$173M
| $1.62M | ﹤0.01% |
1,141,256
-39,259
| -3% | -$64.7K |
2022 Q2
14 quarters
|
|
2000
Oppenheimer Holdings
OPY
$1.09B
| $1.62M | ﹤0.01% |
22,400
-11,400
| -34% | -$794K |
2016 Q2
38 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.