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 | |
|---|---|---|---|---|---|---|
|
HARP
2176
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $1.87M | ﹤0.01% |
10,990
-10
| -0.1% | -$1.44K |
|
2177
Helix Energy Solutions
HLX
$1.4B
| $1.86M | ﹤0.01% |
+773,588
| New | +$2.82M |
|
|
SSKN
2178
DELISTED
Strata Skin Sciences
SSKN
| $1.86M | ﹤0.01% |
138,091
+5,003
| +4% | +$69.2K |
|
2179
Air T
AIRT
$75.5M
| $1.86M | ﹤0.01% |
191,111
-6,300
| -3% | -$71.6K |
|
2180
Cue Biopharma
CUE
$113M
| $1.86M | ﹤0.01% |
4,117
+750
| +22% | +$432K |
|
2181
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.4B
| $1.86M | ﹤0.01% |
+31,500
| New | +$1.81M |
|
2182
RBC Bearings
RBC
$17.4B
| $1.85M | ﹤0.01% |
+15,300
| New | +$1.96M |
|
|
MAGN
2183
Magnera Corp
MAGN
$472M
| $1.85M | ﹤0.01% |
+10,362
| New | +$2.07M |
|
2184
Knowles
KN
$3.13B
| $1.85M | ﹤0.01% |
124,374
+10,374
| +9% | +$157K |
|
|
WTER
2185
DELISTED
The Alkaline Water Company Inc. Common Stock
WTER
| $1.85M | ﹤0.01% |
97,998
+62,337
| +175% | +$1.62M |
|
|
STZ.B
2186
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $1.85M | ﹤0.01% |
9,800
+100
| +1% | +$18.1K |
|
2187
Denali Therapeutics
DNLI
$3.65B
| $1.84M | ﹤0.01% |
+51,500
| New | +$1.55M |
|
|
SOL
2188
DELISTED
Emeren Group
SOL
| $1.84M | ﹤0.01% |
888,599
+112,113
| +14% | +$193K |
|
2189
Parke Bancorp
PKBK
$401M
| $1.84M | ﹤0.01% |
153,734
-6,700
| -4% | -$83.9K |
|
2190
Schwab Emerging Markets Equity ETF
SCHE
$12.6B
| $1.83M | ﹤0.01% |
+68,500
| New | +$1.83M |
|
2191
Limbach Holdings
LMB
$855M
| $1.83M | ﹤0.01% |
171,217
+85,600
| +100% | +$482K |
|
2192
PDS Biotechnology
PDSB
$38.4M
| $1.83M | ﹤0.01% |
783,857
+161,185
| +26% | +$452K |
|
2193
State Street SPDR ICE Preferred Securities ETF
PSK
$692M
| $1.82M | ﹤0.01% |
+41,900
| New | +$1.81M |
|
2194
Worthington Enterprises
WOR
$2.75B
| $1.82M | ﹤0.01% |
+72,341
| New | +$1.76M |
|
2195
Eagle Bancorp Montana
EBMT
$187M
| $1.82M | ﹤0.01% |
103,110
-64
| -0.1% | -$1.08K |
|
|
ALYA
2196
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $1.82M | ﹤0.01% |
814,832
+11,871
| +1% | +$21.6K |
|
|
TRTX
2197
TPG RE Finance Trust
TRTX
$612M
| $1.81M | ﹤0.01% |
214,494
+14,177
| +7% | +$121K |
|
|
CMCM
2198
Cheetah Mobile
CMCM
$86.6M
| $1.81M | ﹤0.01% |
175,885
-55,900
| -24% | -$609K |
|
|
MANT
2199
DELISTED
Mantech International Corp
MANT
| $1.81M | ﹤0.01% |
26,300
-11,800
| -31% | -$834K |
|
2200
Curis
CRIS
$9.78M
| $1.81M | ﹤0.01% |
3,861
-1,649
| -30% | -$778K |
|
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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.