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 | |
|---|---|---|---|---|---|---|
2451
Victory Capital Holdings
VCTR
$6.19B
| $1.13M | ﹤0.01% |
67,081
-257,033
| -79% | -$4.57M |
|
2452
iShares MSCI Saudi Arabia ETF
KSA
$623M
| $1.13M | ﹤0.01% |
+38,100
| New | +$1.07M |
|
2453
Merchants Bancorp
MBIN
$2.53B
| $1.13M | ﹤0.01% |
86,175
-14,250
| -14% | -$180K |
|
2454
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $1.13M | ﹤0.01% |
+32,800
| New | +$1.13M |
|
|
CGRN
2455
DELISTED
Capstone Green Energy Corporation Common Stock
CGRN
| $1.13M | ﹤0.01% |
237,230
+12,100
| +5% | +$50.3K |
|
2456
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.4B
| $1.13M | ﹤0.01% |
+26,000
| New | +$1.11M |
|
|
NCNA
2457
NuCana
NCNA
$5.49M
| $1.12M | ﹤0.01% |
43
+4
| +10% | +$108K |
|
|
LOMA
2458
Loma Negra
LOMA
$1.34B
| $1.12M | ﹤0.01% |
259,800
-127,962
| -33% | -$619K |
|
|
TBRG
2459
DELISTED
TruBridge
TBRG
| $1.12M | ﹤0.01% |
40,576
-8,600
| -17% | -$227K |
|
|
AKRO
2460
DELISTED
Akero Therapeutics
AKRO
| $1.11M | ﹤0.01% |
36,200
+1,716
| +5% | +$60K |
|
2461
Northern Technologies International Corp
NTIC
$76.2M
| $1.11M | ﹤0.01% |
134,177
+700
| +0.5% | +$5.92K |
|
2462
MIND Technology
MIND
$45.3M
| $1.11M | ﹤0.01% |
53,365
+9,690
| +22% | +$217K |
|
|
LDL
2463
DELISTED
Lydall, Inc.
LDL
| $1.11M | ﹤0.01% |
67,100
-68,800
| -51% | -$1.2M |
|
|
GPMT
2464
Granite Point Mortgage Trust
GPMT
$69M
| $1.1M | ﹤0.01% |
+155,800
| New | +$1.05M |
|
2465
First Trust Senior Loan Fund ETF
FTSL
$2.32B
| $1.1M | ﹤0.01% |
24,000
+5,300
| +28% | +$244K |
|
2466
MediciNova
MNOV
$65.5M
| $1.1M | ﹤0.01% |
209,800
-13,883
| -6% | -$80.1K |
|
|
AHPI
2467
DELISTED
Allied Healthcare Products
AHPI
| $1.09M | ﹤0.01% |
198,215
-74,000
| -27% | -$626K |
|
|
SLCT
2468
DELISTED
Select Bancorp, Inc.
SLCT
| $1.09M | ﹤0.01% |
151,961
-38,414
| -20% | -$293K |
|
|
KG
2469
Kestrel Group
KG
$69.4M
| $1.09M | ﹤0.01% |
44,524
+2,231
| +5% | +$59.6K |
|
2470
GoPro
GPRO
$130M
| $1.08M | ﹤0.01% |
+239,490
| New | +$1.12M |
|
2471
ACNB Corp
ACNB
$656M
| $1.08M | ﹤0.01% |
52,105
-18,700
| -26% | -$414K |
|
2472
DraftKings
DKNG
$11.6B
| $1.08M | ﹤0.01% |
+18,400
| New | +$715K |
|
2473
iShares Core S&P Small-Cap ETF
IJR
$109B
| $1.08M | ﹤0.01% |
15,400
+3,100
| +25% | +$222K |
|
2474
Lifecore Biomedical
LFCR
$166M
| $1.08M | ﹤0.01% |
111,300
+10,200
| +10% | +$97.1K |
|
2475
OFG Bancorp
OFG
$2.23B
| $1.08M | ﹤0.01% |
86,721
+31,965
| +58% | +$419K |
|
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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.