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 | |
|---|---|---|---|---|---|---|
|
FRBK
2201
DELISTED
Republic First Bancorp Inc
FRBK
| $1.81M | ﹤0.01% |
912,446
-27,200
| -3% | -$59.2K |
|
2202
Grupo SIMEC
SIM
$4.4B
| $1.8M | ﹤0.01% |
257,000
+1,600
| +0.6% | +$10K |
|
2203
Network-1 Technologies
NTIP
$37M
| $1.8M | ﹤0.01% |
679,585
+1,307
| +0.2% | +$2.91K |
|
|
BBQ
2204
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $1.79M | ﹤0.01% |
541,035
+48,294
| +10% | +$176K |
|
|
QTNT
2205
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $1.79M | ﹤0.01% |
+8,708
| New | +$2.26M |
|
|
INN
2206
Summit Hotel Properties
INN
$746M
| $1.79M | ﹤0.01% |
345,252
+288,300
| +506% | +$1.63M |
|
2207
ePlus
PLUS
$2.42B
| $1.78M | ﹤0.01% |
48,778
-25,222
| -34% | -$936K |
|
2208
Vanguard Total Bond Market
BND
$157B
| $1.78M | ﹤0.01% |
20,200
-12,500
| -38% | -$1.11M |
|
2209
Envela
ELA
$563M
| $1.78M | ﹤0.01% |
415,465
+2,748
| +0.7% | +$11.6K |
|
2210
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $1.78M | ﹤0.01% |
65,700
+43,100
| +191% | +$1.19M |
|
2211
Enlivex Ltd
ENLV
$35.2M
| $1.77M | ﹤0.01% |
19,900
+1,786
| +10% | +$140K |
|
2212
CAE Inc. Common Shares
CAE
$8.3B
| $1.77M | ﹤0.01% |
121,100
-267,519
| -69% | -$4.05M |
|
2213
Schwab International Equity ETF
SCHF
$66.6B
| $1.75M | ﹤0.01% |
111,800
+69,600
| +165% | +$1.09M |
|
2214
Vanguard FTSE Europe ETF
VGK
$30.7B
| $1.75M | ﹤0.01% |
+33,400
| New | +$1.78M |
|
2215
iShares MSCI China ETF
MCHI
$6.32B
| $1.75M | ﹤0.01% |
23,600
-58,200
| -71% | -$4.26M |
|
2216
Regis Corp
RGS
$68.4M
| $1.75M | ﹤0.01% |
14,230
-42,490
| -75% | -$6.41M |
|
|
OPLN
2217
Openlane
OPLN
$4.21B
| $1.74M | ﹤0.01% |
+121,000
| New | +$1.89M |
|
2218
Cactus
WHD
$5.21B
| $1.74M | ﹤0.01% |
90,600
-169,500
| -65% | -$3.68M |
|
|
CASA
2219
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.73M | ﹤0.01% |
430,196
+124,947
| +41% | +$586K |
|
|
CVA
2220
DELISTED
Covanta Holding Corporation
CVA
| $1.73M | ﹤0.01% |
+222,816
| New | +$2.04M |
|
2221
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.23B
| $1.72M | ﹤0.01% |
+31,300
| New | +$1.73M |
|
2222
Diana Shipping
DSX
$302M
| $1.72M | ﹤0.01% |
1,744,595
-75,950
| -4% | -$76.1K |
|
|
MOFG
2223
DELISTED
MidWestOne Financial Group
MOFG
| $1.72M | ﹤0.01% |
96,100
-40,000
| -29% | -$754K |
|
|
CTO
2224
CTO Realty Growth
CTO
$824M
| $1.72M | ﹤0.01% |
143,308
-83,626
| -37% | -$933K |
|
|
FINV
2225
FinVolution Group
FINV
$1.15B
| $1.72M | ﹤0.01% |
931,979
-628,500
| -40% | -$1.24M |
|
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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.