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 | |
|---|---|---|---|---|---|---|
2401
Cartesian Therapeutics
RNAC
$229M
| $1.23M | ﹤0.01% |
16,545
-21,360
| -56% | -$1.64M |
|
2402
iShares MSCI United Kingdom ETF
EWU
$4.14B
| $1.23M | ﹤0.01% |
+48,200
| New | +$1.27M |
|
|
AGFS
2403
DELISTED
AgroFresh Solutions Inc
AGFS
| $1.23M | ﹤0.01% |
505,911
-522
| -0.1% | -$1.3K |
|
|
WSTL
2404
DELISTED
Westell Technologies Inc
WSTL
| $1.23M | ﹤0.01% |
960,481
+6,500
| +0.7% | +$7.01K |
|
|
CNH
2405
CNH Industrial
CNH
$12.7B
| $1.23M | ﹤0.01% |
180,319
-1,225,024
| -87% | -$8.12M |
|
2406
HF Foods Group
HFFG
$80.2M
| $1.23M | ﹤0.01% |
185,400
+95,800
| +107% | +$779K |
|
2407
Oramed Pharmaceuticals
ORMP
$167M
| $1.22M | ﹤0.01% |
468,615
+244,300
| +109% | +$851K |
|
2408
Gaia
GAIA
$46.8M
| $1.22M | ﹤0.01% |
124,001
+54,803
| +79% | +$567K |
|
2409
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.22B
| $1.22M | ﹤0.01% |
45,700
-101,600
| -69% | -$2.73M |
|
2410
AudioEye
AEYE
$72.3M
| $1.22M | ﹤0.01% |
83,296
-24,104
| -22% | -$364K |
|
2411
iShares Core Moderate Allocation ETF
AOM
$1.74B
| $1.22M | ﹤0.01% |
29,605
-4,895
| -14% | -$201K |
|
|
CDR
2412
DELISTED
Cedar Realty Trust, Inc
CDR
| $1.21M | ﹤0.01% |
227,058
-173,425
| -43% | -$1.01M |
|
2413
ORIX
IX
$44B
| $1.21M | ﹤0.01% |
96,850
-52,150
| -35% | -$641K |
|
2414
State Street SPDR S&P Dividend ETF
SDY
$21.7B
| $1.21M | ﹤0.01% |
13,100
+10,100
| +337% | +$953K |
|
|
TSC
2415
DELISTED
TriState Capital Holdings, Inc.
TSC
| $1.21M | ﹤0.01% |
91,200
-65,900
| -42% | -$924K |
|
2416
Wendy's
WEN
$1.4B
| $1.2M | ﹤0.01% |
+53,982
| New | +$1.19M |
|
|
GBL
2417
DELISTED
GAMCO Investors, Inc.
GBL
| $1.2M | ﹤0.01% |
103,900
-5,700
| -5% | -$71.6K |
|
2418
iShares Core Universal USD Bond ETF
IUSB
$42.9B
| $1.2M | ﹤0.01% |
+22,071
| New | +$1.21M |
|
|
ORGS
2419
DELISTED
Orgenesis Inc. Common Stock
ORGS
| $1.2M | ﹤0.01% |
23,800
+9,140
| +62% | +$496K |
|
2420
Champion Homes
SKY
$4.37B
| $1.2M | ﹤0.01% |
44,800
-119,420
| -73% | -$3.25M |
|
|
INFN
2421
DELISTED
Infinera Corporation Common Stock
INFN
| $1.2M | ﹤0.01% |
194,200
-760,100
| -80% | -$5.32M |
|
|
EXTN
2422
DELISTED
Exterran Corporation
EXTN
| $1.19M | ﹤0.01% |
287,036
-133,564
| -32% | -$668K |
|
|
CPLG
2423
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $1.19M | ﹤0.01% |
218,900
+35,900
| +20% | +$190K |
|
2424
Global X Cloud Computing ETF
CLOU
$240M
| $1.18M | ﹤0.01% |
+49,400
| New | +$1.12M |
|
2425
iShares California Muni Bond ETF
CMF
$4.55B
| $1.18M | ﹤0.01% |
18,900
-35,600
| -65% | -$2.23M |
|
Similar funds
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.