Renaissance Technologies
Renaissance Technologies, founded by mathematician James Simons, is one of the world's leading quantitative investment management firms. Known for its heavy reliance on mathematical and statistical methods, the firm's investment philosophy emphasizes algorithmic trading across global markets. The firm is renowned for its secrecy and the high caliber of its staff, primarily composed of PhDs from scientific and mathematical fields.
AUM figures shown are calculated by summing the reported market value of all positions in SEC 13F-HR filings — not the fund's actual assets under management.
- Excludes cash, bonds, private equity, short positions, and foreign-listed stocks not required to be reported.
- For PUT and CALL options, the reported Value is the notional value of the underlying shares — not the option premium paid. This significantly overstates the actual capital at risk.
- Actual fund AUM is typically higher and includes strategies, instruments, and positions that never appear in a 13F.
- 13F filings cover institutional managers with ≥$100M in 13F securities. Positions reflect end-of-quarter holdings, disclosed up to 45 days after the period ends.
Data sourced from SEC EDGAR. This tracker is for informational purposes only and does not constitute investment advice.
Portfolio Holdings
Top 30 positions
| Ticker | Issuer | Notional | Port % | @ Filing | Now (EOD) | Since Filing | Allocation |
|---|---|---|---|---|---|---|---|
| UTHR | $1.06B | 1.66% | $592.98 | $558.67 | -5.8% | 1.7% | |
| PLTR | $1.02B | 1.60% | $146.28 | $138.26 | -5.5% | 1.6% | |
| AAPL | $780.6M | 1.22% | $253.56 | $312.67 | +23.3% | 1.2% | |
| KGC | $779.7M | 1.22% | $30.48 | $24.10 | -20.9% | 1.2% | |
| MU | $730.7M | 1.14% | $337.79 | $923.22 | +173.3% | 1.1% | |
| VRSN | $699.9M | 1.09% | $247.70 | $266.17 | +7.5% | 1.1% | |
| EXEL | $588.8M | 0.92% | $42.89 | $56.88 | +32.6% | 0.9% | |
| FNV | $548.2M | 0.86% | $246.53 | $209.53 | -15.0% | 0.9% | |
| SNDK | $508.0M | 0.79% | $635.34 | $1591.52 | +150.5% | 0.8% | |
| NVDA | $440.7M | 0.69% | $174.40 | $197.28 | +13.1% | 0.7% | |
| CVX | $417.0M | 0.65% | $205.02 | $172.11 | -16.1% | 0.7% | |
| RBLX | $403.1M | 0.63% | $56.56 | $56.84 | +0.5% | 0.6% | |
| CVNA | $377.6M | 0.59% | $62.88 | $69.91 | +11.2% | 0.6% | |
| W | $374.0M | 0.58% | $75.21 | $93.21 | +23.9% | 0.6% | |
| HOOD | $353.7M | 0.55% | $69.30 | $114.75 | +65.6% | 0.6% | |
| INCY | $343.7M | 0.54% | $94.12 | $117.79 | +25.1% | 0.5% | |
| AGX | $332.7M | 0.52% | $544.21 | $664.21 | +22.1% | 0.5% | |
| INTC | $326.5M | 0.51% | $44.13 | $109.98 | +149.2% | 0.5% | |
| NBIX | $318.7M | 0.50% | $131.74 | $177.53 | +34.8% | 0.5% | |
| UNH | $313.5M | 0.49% | $269.05 | $425.57 | +58.2% | 0.5% | |
| STRL | $312.3M | 0.49% | $407.27 | $670.38 | +64.6% | 0.5% | |
| LIN | $312.2M | 0.49% | $495.76 | $536.26 | +8.2% | 0.5% | |
| WDC | $310.0M | 0.48% | $270.42 | $529.82 | +95.9% | 0.5% | |
| CBOE | $309.3M | 0.48% | $280.48 | $260.37 | -7.2% | 0.5% | |
| GILD | $300.0M | 0.47% | $138.46 | $135.00 | -2.5% | 0.5% | |
| ETSY | $298.0M | 0.47% | $49.98 | $77.80 | +55.7% | 0.5% | |
| ALSN | $264.6M | 0.41% | $116.77 | $114.31 | -2.1% | 0.4% | |
| AVGO | $245.7M | 0.38% | $309.02 | $370.27 | +19.8% | 0.4% | |
| VRT | $242.6M | 0.38% | $250.53 | $303.11 | +21.0% | 0.4% | |
| MEDP | $242.3M | 0.38% | $480.19 | $547.13 | +13.9% | 0.4% |
Quarter-on-Quarter Activity
Q1 2026 vs. Q4 2025
New Positions (8)
| Ticker | Issuer | Notional | Since Filing |
|---|---|---|---|
| AAPL | $780.6M | +23.3% | |
| NEM | $180.9M | ||
| AXP | $166.6M | ||
| BX | $164.6M | ||
| META | $145.0M | ||
| LITE | $142.6M | ||
| SMH | $141.7M | ||
| DHR | $128.7M |
Exited Positions (8)
| Ticker | Issuer | Notional |
|---|---|---|
| PG | $427.9M | |
| F | $324.5M | |
| GEV | $225.7M | |
| AMZN | $205.7M | |
| SCHW | $180.9M | |
| PANW | $167.3M | |
| EXAS | $161.7M | |
| NGD | $138.3M |
Increased (8)
| Ticker | Issuer | Notional | Shares Δ | Since Filing |
|---|---|---|---|---|
| AVGO | $245.4M | +89191.0% | +19.8% | |
| ALIT | $3.5M | +45846.2% | ||
| JPM | $201.8M | +32663.0% | ||
| EFA | $83.2M | +19033.3% | ||
| EXK | $17.6M | +18554.9% | ||
| TER | $48.6M | +12584.6% | ||
| XLY | $56.0M | +3475.3% | ||
| MA | $94.0M | +3281.1% |
Trimmed (8)
| Ticker | Issuer | Notional | Shares Δ |
|---|---|---|---|
| NFLX | $-672.8M | -100.0% | |
| KO | $-210.4M | -99.8% | |
| BRKB | $-125.9M | -99.3% | |
| LRCX | $-78.5M | -99.3% | |
| DUK | $-36.9M | -99.1% | |
| MSFT | $-329.3M | -98.6% | |
| GUTS | $-4.1M | -98.1% | |
| MCHP | $-75.7M | -97.7% |
Quarter Activity
During the quarter, Renaissance Technologies initiated significant new positions in Apple (AAPL) with an investment of $781 million and Newmont Corporation (NEM) at $181 million, among others. The fund exited substantial holdings in Procter & Gamble (PG) and Ford Motor Company (F), valued at $428 million and $324 million respectively. Additionally, there was a notable increase in positions such as Broadcom (AVGO) and Alight Solutions (ALIT), while decreases were observed in Netflix (NFLX) and Coca-Cola (KO), each reduced by approximately $100 million.
AI Commentary
<p>Renaissance Technologies' portfolio showcases a strong conviction in diverse sectors, with its top holdings spread across technology, healthcare, and commodities. The largest position is in United Therapeutics Corp (UTHR) with an investment worth $1,060 million, representing 1.7% of the total assets under management (AUM). This is closely followed by Palantir Technologies Inc (PLTR) and Apple Inc (AAPL), highlighting a significant tilt towards technology and biotechnology sectors. Other notable holdings include Kinross Gold Corp (KGC) and Franco Nev Corp (FNV), indicating an interest in the gold mining sector.</p> <p>The recent quarter's activity signals a strategic shift in Renaissance Technologies' investment approach. The initiation of new positions in high-profile companies such as Apple Inc (AAPL), American Express (AXP), and Meta Platforms (META) suggests a bullish outlook on technology and financial services. Conversely, the complete divestment from Procter & Gamble (PG), Ford Motor (F), and General Electric (GEV) indicates a move away from consumer goods and traditional industrials. The dramatic increase in holdings of Broadcom Inc (AVGO) and the substantial reduction in Netflix Inc (NFLX) further underscore a recalibration towards specific tech sub-sectors, possibly driven by evolving market dynamics and growth prospects.</p>