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 | |
|---|---|---|---|---|---|---|---|
2226
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.5B
| $1.08M | ﹤0.01% |
7,565
+5,265
| +229% | +$750K |
2025 Q1
3 quarters
|
|
2227
Natural Alternatives International
NAII
$8.21M
| $1.08M | ﹤0.01% |
302,756
+10,900
| +4% | +$33.2K |
2013 Q2
50 quarters
|
|
2228
Alpine Income Property Trust
PINE
$328M
| $1.08M | ﹤0.01% |
64,778
+2,278
| +4% | +$35.6K |
2024 Q2
6 quarters
|
|
2229
JinkoSolar
JKS
$447M
| $1.08M | ﹤0.01% |
41,900
+24,900
| +146% | +$635K |
2025 Q3
1 quarter
|
|
2230
Better Online Solutions
BOSC
$31.7M
| $1.08M | ﹤0.01% |
236,907
+28,540
| +14% | +$139K |
2017 Q4
32 quarters
|
|
2231
Byrna Technologies
BYRN
$106M
| $1.08M | ﹤0.01% |
+64,100
| New | +$1.25M |
2025 Q4
0 quarters
|
|
2232
Otter Tail
OTTR
$3.71B
| $1.07M | ﹤0.01% |
13,298
-94,612
| -88% | -$7.66M |
2025 Q2
2 quarters
|
|
2233
Jade Biosciences
JBIO
$887M
| $1.07M | ﹤0.01% |
+69,601
| New | +$816K |
2025 Q4
0 quarters
|
|
2234
Champions Oncology
CSBR
$68.1M
| $1.07M | ﹤0.01% |
154,839
-12,422
| -7% | -$82.7K |
2017 Q2
34 quarters
|
|
2235
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.27B
| $1.07M | ﹤0.01% |
12,400
+1,200
| +11% | +$103K |
2025 Q1
3 quarters
|
|
2236
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.5B
| $1.07M | ﹤0.01% |
+29,600
| New | +$1.08M |
2025 Q4
0 quarters
|
|
2237
Whitehawk Therapeutics
WHWK
$194M
| $1.07M | ﹤0.01% |
440,722
-16,700
| -4% | -$38.3K |
2019 Q2
26 quarters
|
|
2238
Citizens & Northern Corp
CZNC
$453M
| $1.07M | ﹤0.01% |
52,855
+3,514
| +7% | +$70.1K |
2014 Q4
44 quarters
|
|
2239
Net Lease Office Properties
NLOP
$143M
| $1.06M | ﹤0.01% |
41,200
-66,300
| -62% | -$1.88M |
2023 Q4
8 quarters
|
|
2240
State Street Materials Select Sector SPDR ETF
XLB
$7.83B
| $1.06M | ﹤0.01% |
23,400
-101,200
| -81% | -$4.47M |
2025 Q3
1 quarter
|
|
2241
Alumis Inc
ALMS
$914M
| $1.06M | ﹤0.01% |
108,200
-43,368
| -29% | -$303K |
2025 Q2
2 quarters
|
|
2242
Terrestrial Energy
IMSR
$318M
| $1.06M | ﹤0.01% |
+172,800
| New | +$2.31M |
2025 Q4
0 quarters
|
|
2243
Tredegar Corp
TG
$254M
| $1.05M | ﹤0.01% |
146,692
-19,908
| -12% | -$151K |
2018 Q2
30 quarters
|
|
2244
Aebi Schmidt Holding AG
AEBI
$858M
| $1.05M | ﹤0.01% |
83,200
-13,400
| -14% | -$160K |
2025 Q3
1 quarter
|
|
2245
Malibu Boats
MBUU
$425M
| $1.05M | ﹤0.01% |
37,300
-13,400
| -26% | -$389K |
2015 Q2
42 quarters
|
|
2246
Kaltura
KLTR
$209M
| $1.05M | ﹤0.01% |
640,000
-216,400
| -25% | -$342K |
2021 Q4
16 quarters
|
|
2247
Pembina Pipeline
PBA
$27.8B
| $1.05M | ﹤0.01% |
27,564
-208,600
| -88% | -$8.02M |
2024 Q4
4 quarters
|
|
2248
iShares US Healthcare ETF
IYH
$4.07B
| $1.05M | ﹤0.01% |
16,100
+4,000
| +33% | +$252K |
2025 Q2
2 quarters
|
|
2249
Capital Group Dividend Growers ETF
CGDG
$5.7B
| $1.05M | ﹤0.01% |
29,400
+15,800
| +116% | +$556K |
2025 Q3
1 quarter
|
|
2250
Vanguard Extended Market ETF
VXF
$30.4B
| $1.05M | ﹤0.01% |
5,000
-5,400
| -52% | -$1.13M |
2025 Q3
1 quarter
|
|
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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.