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 |
Alphabet (Google) Class A
GOOGL
|
+$546M |
| 2 |
Microsoft
MSFT
|
+$480M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$362M |
| 4 |
Meta Platforms (Facebook)
META
|
+$350M |
| 5 |
Coca-Cola
KO
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Robinhood
HOOD
|
+$1.04B |
| 2 |
Palantir
PLTR
|
+$800M |
| 3 |
Apple
AAPL
|
+$516M |
| 4 |
Netflix
NFLX
|
+$326M |
| 5 |
NVIDIA
NVDA
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.71% |
| 2 | Healthcare | 15.15% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Communication Services | 10.55% |
| 5 | Financials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Palantir
PLTR
$479B
| $1.56B | 2.06% |
8,565,875
-4,936,171
| -37% | -$800M |
2021 Q2
17 quarters
|
|
|
2
NVIDIA
NVDA
$5.72T
| $1.05B | 1.39% |
5,628,605
-1,794,139
| -24% | -$313M |
2023 Q1
10 quarters
|
|
3
Roblox
RBLX
$32.2B
| $954M | 1.26% |
6,883,545
+781,886
| +13% | +$97.2M |
2021 Q2
17 quarters
|
|
4
United Therapeutics
UTHR
$23B
| $911M | 1.2% |
2,173,392
+54,300
| +3% | +$18.3M |
2013 Q2
49 quarters
|
|
5
VeriSign
VRSN
$26.8B
| $886M | 1.17% |
3,170,271
-97,098
| -3% | -$27.1M |
2013 Q2
49 quarters
|
|
6
Applovin
APP
$92.9B
| $720M | 0.95% |
1,001,432
-379,400
| -27% | -$175M |
2023 Q4
7 quarters
|
|
|
7
Microsoft
MSFT
$3.94T
| $683M | 0.9% |
1,318,907
+940,135
| +248% | +$480M |
2024 Q2
5 quarters
|
|
8
Kinross Gold
KGC
$27.5B
| $648M | 0.86% |
26,080,330
-7,395,100
| -22% | -$142M |
2013 Q2
49 quarters
|
|
9
Exelixis
EXEL
$14.4B
| $638M | 0.84% |
15,459,266
-360,499
| -2% | -$14.5M |
2016 Q3
36 quarters
|
|
10
Franco-Nevada
FNV
$46.1B
| $635M | 0.84% |
2,849,418
-408,531
| -13% | -$73.6M |
2014 Q1
46 quarters
|
|
|
11
Alphabet (Google) Class A
GOOGL
$4.3T
| $634M | 0.84% |
2,606,747
+2,604,387
| +110,355% | +$546M |
2023 Q2
9 quarters
|
|
12
Gilead Sciences
GILD
$180B
| $606M | 0.8% |
5,462,744
-203,648
| -4% | -$23.1M |
2014 Q4
43 quarters
|
|
13
DoorDash
DASH
$82.2B
| $532M | 0.7% |
1,957,201
-506,987
| -21% | -$127M |
2021 Q2
17 quarters
|
|
14
Hims & Hers Health
HIMS
$6.61B
| $516M | 0.68% |
9,096,852
+2,227,400
| +32% | +$114M |
2021 Q2
17 quarters
|
|
15
Reddit
RDDT
$30.1B
| $513M | 0.68% |
2,230,235
+622,635
| +39% | +$127M |
2024 Q2
5 quarters
|
|
16
Corcept Therapeutics
CORT
$12.6B
| $506M | 0.67% |
6,089,347
-177,055
| -3% | -$12.8M |
2015 Q1
42 quarters
|
|
17
Wayfair
W
$14.2B
| $467M | 0.62% |
5,226,767
+658,500
| +14% | +$48.2M |
2023 Q2
9 quarters
|
|
18
Spotify
SPOT
$107B
| $459M | 0.61% |
657,585
-224,340
| -25% | -$157M |
2022 Q1
14 quarters
|
|
19
Sprouts Farmers Market
SFM
$6.02B
| $444M | 0.59% |
4,083,844
+52,000
| +1% | +$7.57M |
2016 Q2
37 quarters
|
|
20
GE Vernova
GEV
$270B
| $440M | 0.58% |
716,282
-460,120
| -39% | -$279M |
2024 Q3
4 quarters
|
|
21
Ford
F
$48B
| $420M | 0.55% |
35,105,709
-8,377,542
| -19% | -$96.5M |
2022 Q4
11 quarters
|
|
|
22
Alphabet (Google) Class C
GOOG
$4.26T
| $419M | 0.55% |
+1,720,002
| New | +$362M |
2025 Q3
0 quarters
|
|
23
Etsy
ETSY
$6.78B
| $399M | 0.53% |
6,003,841
-1,643,400
| -21% | -$98.1M |
2023 Q1
10 quarters
|
|
24
Incyte
INCY
$22.5B
| $384M | 0.51% |
4,528,132
+646,200
| +17% | +$51.1M |
2017 Q4
31 quarters
|
|
25
Carvana
CVNA
$45.1B
| $382M | 0.5% |
5,065,560
| – | – |
2023 Q3
8 quarters
|
|
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Renaissance Technologies's Q3 2025 Portfolio in Review
As of Q3 2025, Renaissance Technologies held 4,038 positions worth $75.8B, up 0.77% from $75.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies withdrew a net $5.41B in Q3 2025, closing 581 positions and reducing 1,457 holdings. Its most notable exit was GE Aerospace, an estimated $235M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Renaissance Technologies opened a new position in Alphabet (Google) Class C worth $419M.
- Renaissance Technologies's largest Q3 2025 buy was Alphabet (Google) Class C: 1,720,002 shares worth $419M.
- Renaissance Technologies added most to Alphabet (Google) Class A in Q3 2025, an estimated $546M increase.
- Renaissance Technologies's biggest Q3 2025 reduction was Robinhood, cutting an estimated $1.04B.
- Renaissance Technologies fully exited GE Aerospace in Q3 2025, selling an estimated $235M.
- Renaissance Technologies's ten largest holdings make up 11% of its $75.8B portfolio in Q3 2025.
- Renaissance Technologies opened 515 new positions and closed 581 in Q3 2025.
- Renaissance Technologies's portfolio value rose 0.77% quarter-over-quarter to $75.8B.
Based on Renaissance Technologies's 13F filing for Q3 2025, filed 13 Nov 2025.