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 | |
|---|---|---|---|---|---|---|
2026
Lifeway Foods
LWAY
$452M
| $2.41M | ﹤0.01% |
478,643
+23,742
| +5% | +$98.8K |
|
2027
Brown-Forman Class B
BF.B
$12.8B
| $2.41M | ﹤0.01% |
+31,938
| New | +$2.29M |
|
|
PROF
2028
Profound Medical
PROF
$299M
| $2.4M | ﹤0.01% |
136,180
+23,300
| +21% | +$370K |
|
2029
Rekor Systems
REKR
$90M
| $2.39M | ﹤0.01% |
415,698
+396,766
| +2,096% | +$1.96M |
|
|
NOTV
2030
DELISTED
Inotiv
NOTV
| $2.39M | ﹤0.01% |
500,014
-3,392
| -0.7% | -$16.9K |
|
2031
Paylocity
PCTY
$7.48B
| $2.39M | ﹤0.01% |
14,800
+8,000
| +118% | +$1.13M |
|
2032
Coherent
COHR
$56.4B
| $2.39M | ﹤0.01% |
+58,864
| New | +$2.59M |
|
|
RCM
2033
DELISTED
R1 RCM Inc. Common Stock
RCM
| $2.39M | ﹤0.01% |
139,098
-262,500
| -65% | -$3.83M |
|
2034
Team
TISI
$77.7M
| $2.38M | ﹤0.01% |
43,333
+12,180
| +39% | +$661K |
|
2035
Nexa Resources
NEXA
$1.7B
| $2.38M | ﹤0.01% |
448,900
-1,100
| -0.2% | -$7.41K |
|
|
TESS
2036
DELISTED
Tessco Technologies Inc
TESS
| $2.37M | ﹤0.01% |
442,000
-500
| -0.1% | -$3.1K |
|
2037
Pulmatrix
PULM
$6.35M
| $2.37M | ﹤0.01% |
99,698
+15,931
| +19% | +$406K |
|
2038
Universal Insurance Holdings
UVE
$1.23B
| $2.36M | ﹤0.01% |
170,800
+98,800
| +137% | +$1.74M |
|
|
LPRO
2039
DELISTED
Open Lending Corp
LPRO
| $2.36M | ﹤0.01% |
+92,600
| New | +$1.8M |
|
2040
AMES National
ATLO
$274M
| $2.36M | ﹤0.01% |
139,700
+1,300
| +0.9% | +$24.6K |
|
|
MFGP
2041
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $2.36M | ﹤0.01% |
732,265
+401,300
| +121% | +$1.6M |
|
2042
Lexicon Pharmaceuticals
LXRX
$1.03B
| $2.35M | ﹤0.01% |
1,632,631
-247,572
| -13% | -$441K |
|
|
SYNH
2043
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $2.35M | ﹤0.01% |
+44,214
| New | +$2.63M |
|
|
WRI
2044
DELISTED
Weingarten Realty Investors
WRI
| $2.35M | ﹤0.01% |
138,500
+53,100
| +62% | +$936K |
|
|
STFC
2045
DELISTED
State Auto Financial Corp
STFC
| $2.35M | ﹤0.01% |
170,468
-10,900
| -6% | -$174K |
|
2046
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66B
| $2.35M | ﹤0.01% |
24,478
-29,322
| -55% | -$2.82M |
|
|
VRTV
2047
DELISTED
VERITIV CORPORATION
VRTV
| $2.35M | ﹤0.01% |
185,200
+116,400
| +169% | +$1.87M |
|
2048
iShares MSCI ACWI ex US ETF
ACWX
$11.6B
| $2.32M | ﹤0.01% |
+50,500
| New | +$2.33M |
|
|
GCP
2049
DELISTED
GCP Applied Technologies Inc.
GCP
| $2.32M | ﹤0.01% |
110,700
+2,900
| +3% | +$67K |
|
2050
Arcosa
ACA
$7.14B
| $2.31M | ﹤0.01% |
+52,400
| New | +$2.3M |
|
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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.