Hedge fund

Renaissance Technologies LLC

13F for June 30, 2026, filed August 13, 2026 · SEC CIK 1037389 · Holdings history from September 30, 1999

Reported value: $72.6bn
Positions we cover: 2,619
Copy, a year: +14.4%
Copy Sharpe ratio: 0.78

Copy-performance statistics: August 16, 2013 to November 2, 2026. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Holdings date Find a security

3,140 reported entries for June 30, 2026.

Issuer	Class / type	Reported value	Quantity
LIVEWIRE GROUP INC53838J105 · LVWR	COM	$21,501	19,197
LOANDEPOT INC53946R106 · LDI	COM CL A	$629,500	503,600
LOAR HOLDINGS INC53947R105 · LOAR	COM SHS	$1.8m	21,800
LOCKHEED MARTIN CORP539830109 · LMT	COM	$152.1m	298,520
LOEWS CORP540424108 · L	COM	$15.9m	140,300
LOGITECH INTL S AH50430232 · LOGI	SHS	$171.0m	1,818,708
LONGEVERON INC54303L203 · LGVN	CL A NEW	$13,938	19,827
LOOP INDS INC543518104 · LOOP	COM	$145,056	151,100
LPL FINL HLDGS INC50212V100 · LPLA	COM	$42.7m	151,660
LSB INDS INC502160104 · LXU	COM	$18.9m	1,748,406
READING INTL INC755408101 · RDI	CL A	$643,059	502,390
RED CAT HLDGS INC75644T100 · RCAT	COM	$5.5m	514,126
REDDIT INC75734B100 · RDDT	CL A	$251.7m	1,450,078
RED RIVER BANCSHARES INC75686R202 · RRBI	COM	$4.1m	45,320
RED ROBIN GOURMET BURGERS IN75689M101 · RRGB	COM	$944,130	118,164
RED VIOLET INC75704L104	COM	$1.6m	25,600
REDWIRE CORPORATION75776W103 · RDW	COM	$115.0m	9,399,700
REDWOOD TRUST INC758075402 · RWT	COM	$813,384	171,600
REE AUTOMOTIVE LTDM8287R202	SHS CL A NEW	$6,071	30,977
REGENCY CTRS CORP758849103 · REG	COM	$70.4m	883,295
REGENERON PHARMACEUTICALS75886F107 · REGN	COM	$92.4m	148,222
REGENTIS BIOMATERIALS LTDM8211G108 · RGNT	ORDINARY SHARES	$47,118	13,348
REGENXBIO INC75901B107 · RGNX	COM	$3.1m	256,686
REGIONAL MGMT CORP75902K106 · RM	COM	$7.6m	185,541
REGIS CORPORATION758932206 · RGS	COM SHS	$527,632	18,844
REIN THERAPEUTICS INC00887A204	COM NEW	$19,760	19,000
RELAY THERAPEUTICS INC75943R102 · RLAY	COM	$3.6m	192,399
RELIANCE INC759509102 · RS	COM	$24.8m	66,252
RELMADA THERAPEUTICS INC75955J402 · RLMD	COM	$399,976	57,800
RELX PLC759530108	SPONSORED ADR	$16.0m	506,130
RE/MAX HLDGS INC75524W108	CL A	$6.7m	680,565
RENEW ENERGY GLOBAL PLCG7500M104 · RNW	CL A SHS	$3.9m	616,600
RENOVORX INC75989R107 · RNXT	COM NEW	$11,172	11,400
REPLIMUNE GROUP INC76029N106 · REPL	COM	$440,586	39,800
REPOSITRAK INC700215304 · TRAK	COM NEW	$1.4m	161,063
REPUBLIC AWYS HLDGS INC590479408 · RJET	COM SHS	$231,761	11,031
REPUBLIC BANCORP INC KY760281204 · RBCAA	CL A	$4.4m	49,100
REPUBLIC SVCS INC760759100 · RSG	COM	$4.9m	22,861
RESEARCH FRONTIERS INC760911107 · REFR	COM	$21,210	40,789
RESEARCH SOLUTIONS INC761025105 · RSSS	COM	$245,897	105,990
RESERVOIR MEDIA INC76119X105 · RSVR	COM	$594,616	60,123
RESMED INC761152107 · RMD	COM	$315,706	1,620
RESOLUTE HLDGS MGMT INC76134H101 · RHLD	COM	$8.9m	61,500
RESOURCES CONNECTION INC76122Q105 · RGP	COM	$1.3m	310,100
RETRACTABLE TECHNOLOGIES INC76129W105 · RVP	COM	$317,813	441,407
REVOLVE GROUP INC76156B107 · RVLV	CL A	$320,460	14,000
REX AMERICAN RES CORP761624105 · REX	COM	$65.8m	1,458,366
REYNOLDS CONSUMER PRODS INC76171L106 · REYN	COM	$3.4m	127,500
RF INDS LTD749552105 · RFIL	COM PAR $0.01	$9.8m	463,817
RGC RES INC74955L103 · RGCO	COM	$1.0m	43,333
RH74967X103 · RH	COM	$11.3m	68,900
RHINEBECK BANCORP INC762093102	COM	$749,523	43,300
RHYTHM PHARMACEUTICALS INC76243J105 · RYTM	COM	$7.6m	68,281
RICHARDSON ELECTRS LTD763165107 · RELL	COM	$6.0m	313,177
VANGUARD CHARLOTTE FDS92203J407	TOTAL INT BD ETF	$12.2m	252,649
VANGUARD INDEX FDS922908652	EXTEND MKT ETF	$2.2m	8,742
VANGUARD INDEX FDS922908736	GROWTH ETF	$229,649	2,666
VANGUARD INDEX FDS922908637	LARGE CAP ETF	$6.1m	17,665
VANGUARD INDEX FDS922908538	MCAP GR IDXVIP	$3.8m	12,385
VANGUARD INDEX FDS922908512	MCAP VL IDXVIP	$1.3m	6,800
VANGUARD INDEX FDS922908629	MID CAP ETF	$7.5m	93,080
VANGUARD INDEX FDS922908553	REAL ESTATE ETF	$16.8m	174,467
VANGUARD INDEX FDS922908595	SML CP GRW ETF	$2.5m	6,760
VANGUARD INDEX FDS922908363	S&P 500 ETF SHS	$26.0m	37,820
VANGUARD INDEX FDS922908769	TOTAL STK MKT	$34.7m	93,880
VANGUARD INTL EQUITY INDEX F922042858	FTSE EMR MKT ETF	$2.3m	37,900
VANGUARD INTL EQUITY INDEX F922042742	TT WRLD ST ETF	$11.6m	73,700
VANGUARD MALVERN FDS922020748	CORE BD ETF	$471,119	6,100
VANGUARD MUN BD FDS922907746	TAX EXEMPT BD	$89.8m	1,776,200
VANGUARD SCOTTSDALE FDS92206C706	INTER TERM TREAS	$9.7m	165,000
VANGUARD SCOTTSDALE FDS92206C870	INT-TERM CORP	$41.7m	505,082
VANGUARD SCOTTSDALE FDS92206C813	LG-TERM COR BD	$6.0m	80,292
VANGUARD SCOTTSDALE FDS92206C409	SHRT TRM CORP BD	$18.1m	229,000
VANGUARD SCOTTSDALE FDS92206C680	VNG RUS1000GRW	$4.7m	37,000
VANGUARD SCOTTSDALE FDS92206C730	VNG RUS1000IDX	$2.7m	7,840
RICHMOND MUT BANCORPORATION76525P100 · RMBI	COM	$1.1m	72,142
RIDGEPOST CAP INC69376K106 · RPC	CL A COM	$102,310	13,000
RIGEL PHARMACEUTICALS INC766559702 · RIGL	COM	$5.7m	145,846
RILEY EXPLORATION PERMIAN IN76665T102 · REPX	COM	$1.1m	32,996
RIMINI STR INC DEL76674Q107 · RMNI	COM	$1.0m	240,226
RINGCENTRAL INC76680R206 · RNG	CL A	$40.0m	1,025,381
RING ENERGY INC76680V108 · REI	COM	$4.4m	4,117,089
RIO TINTO PLC767204100	SPONSORED ADR	$115.3m	1,214,600
RIOT PLATFORMS INC767292105 · RIOT	COM	$25.4m	926,749
RISKIFIED LTDM8216R109 · RSKD	SHS CL A	$6.8m	1,344,500
RITHM CAPITAL CORP64828T201 · RITM	COM NEW	$1.4m	150,805
RITHM PPTY TR INC38983D854 · RPT	COM NEW SHS	$732,283	50,853
RIVERVIEW BANCORP INC769397100 · RVSB	COM	$1.9m	350,030
RIVIAN AUTOMOTIVE INC76954A103 · RIVN	COM CL A	$131.9m	7,599,796
RLJ LODGING TR74965L101 · RLJ	COM	$196,710	16,600
RLX TECHNOLOGY INC74969N103 · RLX	SPONSORED ADS	$498,180	262,200
RMR GROUP INC74967R106 · RMR	CL A	$8.6m	418,714
ROADZEN INCG7606H108 · RDZN	ORD SHS	$60,504	41,441
ROBERT HALF INC.770323103 · RHI	COM	$12.2m	398,872
ROBINHOOD MKTS INC770700102 · HOOD	COM CL A	$220.2m	2,196,340
ROBLOX CORP771049103 · RBLX	CL A	$370.5m	6,814,063
ROCKET COS INC77311W101 · RKT	COM CL A	$4.1m	262,022
ROCKET LAB CORP773121108 · RKLB	COM	$4.9m	48,600
ROCKET PHARMACEUTICALS INC77313F106 · RCKT	COM	$2.7m	792,974
ROCKWELL MED INC774374300	COM NEW	$197,999	359,672

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

CopyS&P 500 $10,000 copying Renaissance Technologies LLC's usable filed holdings in companies we cover from August 16, 2013, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −33.1% (S&P 500 −31.8%); beta 0.97; alpha +0.6% a year (t = 0.46); last 12 months +10.7% against +12.1%.

Reported value by quarter

Renaissance Technologies LLC: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.

View chart data

Period	Reported value
2009-12-31	$918B
2013-06-30	$38.1B
2013-09-30	$41.2B
2013-12-31	$41.8B
2014-03-31	$41.7B
2014-06-30	$42.9B
2014-09-30	$36.5B
2014-12-31	$41.4B
2015-03-31	$47B
2015-06-30	$43.9B
2015-09-30	$41.9B
2015-12-31	$45.9B
2016-03-31	$52.6B
2016-06-30	$52.5B
2016-09-30	$56.6B
2016-12-31	$63.2B
2017-03-31	$71.6B
2017-06-30	$78.4B
2017-09-30	$85B
2017-12-31	$90.7B
2018-03-31	$91.4B
2018-06-30	$91.7B
2018-09-30	$97.3B
2018-12-31	$91.3B
2019-03-31	$110B
2019-06-30	$113.6B
2019-09-30	$118.1B
2019-12-31	$130.1B
2020-03-31	$103B
2020-06-30	$115.8B
2020-09-30	$100.2B
2020-12-31	$92.1B
2021-03-31	$80.4B
2021-06-30	$80.1B
2021-09-30	$77.4B
2021-12-31	$80.4B
2022-03-31	$85.2B
2022-06-30	$84.5B
2022-09-30	$70.7B
2024-06-30	$59B
2024-09-30	$66.5B
2024-12-31	$67.6B
2025-03-31	$66.1B
2025-06-30	$75.2B
2025-09-30	$75.8B
2025-12-31	$64.5B
2026-03-31	$63.9B
2026-06-30	$72.6B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	1.95%	$1.4bn	7.09M	+180.6% Added
METAMeta Platforms	1.57%	$1.1bn	2.02M	+698.5% Added
INTCIntel	1.41%	$1.0bn	7.32M	−1.0% Reduced
UTHRUnited Therapeutics Corp	1.27%	$925.8m	1.71M	−4.4% Reduced
PLTRPalantir Technologies Inc.	1.22%	$883.0m	7.57M	+8.3% Added
GOOGLAlphabet Inc. (Class A)	1.14%	$828.2m	2.32M	+327.2% Added
EXELExelixis, Inc.	1.01%	$730.6m	13.43M	−2.2% Reduced
VRSNVerisign Inc	0.85%	$616.3m	2.45M	−13.1% Reduced
CRWDCrowdStrike	0.79%	$571.6m	749.0K	New
STRLSterling Infrastructure, Inc.	0.78%	$564.2m	672.2K	−12.4% Reduced
AMZNAmazon	0.75%	$546.0m	2.29M	New
AGXArgan Inc	0.71%	$517.8m	648.4K	+6.1% Added
NFLXNetflix	0.67%	$484.7m	6.79M	+275718.1% Added
CVXChevron Corporation	0.66%	$475.8m	2.87M	+42.4% Added
TSLATesla, Inc.	0.64%	$467.3m	1.11M	+425.8% Added
AMDAdvanced Micro Devices	0.64%	$463.8m	829.7K	+282.4% Added
AAPLApple Inc.	0.63%	$459.1m	1.59M	−48.4% Reduced
CORTCorcept Therapeutics Inc	0.63%	$457.5m	5.26M	−7.4% Reduced
ETSYEtsy Inc	0.62%	$451.3m	5.99M	+0.5%
STXSeagate Technology	0.61%	$441.3m	457.4K	+47.3% Added
FNVFranco Nevada Corp	0.58%	$424.6m	2.04M	−8.2% Reduced
TXNTexas Instruments	0.58%	$417.9m	1.40M	+64.7% Added
WWayfair Inc.	0.57%	$417.2m	4.51M	−9.2% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	0.56%	$405.5m	849.1K	+49.5% Added
INCYIncyte	0.55%	$398.1m	3.51M	−3.8% Reduced
NBIXNeurocrine Biosciences Inc	0.54%	$393.7m	2.34M	−3.4% Reduced
RBLXRoblox Corp	0.51%	$370.5m	6.81M	−4.4% Reduced
WDCWestern Digital	0.47%	$343.3m	537.5K	−53.1% Reduced
ALKSAlkermes plc.	0.47%	$338.5m	6.46M	+4.9% Added
CVNACarvana	0.46%	$337.2m	5.12M	+326.4% Added
AVGOBroadcom	0.44%	$321.0m	849.8K	+7.1% Added
PEverpure	0.40%	$288.0m	3.66M	−2.8% Reduced
GILDGilead Sciences	0.39%	$280.1m	2.22M	+3.0% Added
DELLDell Technologies	0.38%	$279.0m	646.7K	−10.4% Reduced
MCKMcKesson	0.38%	$272.8m	361.1K	+208.0% Added
AZOAutoZone	0.37%	$269.3m	84.3K	+146.4% Added
TJXTJX Companies	0.36%	$262.0m	1.73M	+625.1% Added
RDDTReddit, Inc.	0.35%	$251.7m	1.45M	−7.4% Reduced
CBOECboe Global Markets	0.34%	$249.1m	1.03M	−6.7% Reduced
MDTMedtronic	0.34%	$247.8m	3.17M	New
MUMicron Technology	0.34%	$244.2m	211.6K	−90.2% Reduced
NVMINova LTD.	0.34%	$243.6m	448.6K	−12.2% Reduced
CRDOCredo Technology Group Holding Ltd	0.32%	$229.6m	844.2K	+133.0% Added
MSTRStrategy Inc	0.31%	$222.0m	2.55M	+19.8% Added
ABNBAirbnb	0.30%	$220.8m	1.54M	−15.7% Reduced
HOODRobinhood Markets	0.30%	$220.2m	2.20M	−57.0% Reduced
MEDPMedpace Holdings, Inc.	0.30%	$220.1m	415.6K	−17.7% Reduced
ALSNAllison Transmission Holdings Inc	0.30%	$218.6m	1.94M	−14.2% Reduced
COPConocoPhillips	0.29%	$210.3m	2.02M	New
SHELShell plc	0.29%	$209.0m	2.70M	New
ZMZoom Communications, Inc.	0.28%	$205.5m	2.38M	−3.2% Reduced
BEBloom Energy	0.28%	$204.5m	675.7K	+26.1% Added
ISRGIntuitive Surgical	0.28%	$200.6m	504.4K	+261.9% Added
INTUIntuit	0.28%	$199.7m	765.0K	New
SMCISupermicro	0.27%	$199.0m	6.79M	+11323.6% Added
DBXDropbox, Inc.	0.27%	$198.2m	7.21M	−6.6% Reduced
MELIMercadolibre Inc	0.27%	$197.7m	116.5K	−3.2% Reduced
ROKURoku, Inc	0.27%	$196.8m	1.42M	−9.0% Reduced
NEMNewmont	0.26%	$188.6m	2.02M	+20.8% Added
ENVAEnova International, Inc.	0.26%	$187.1m	777.3K	+3.6% Added
BXBlackstone Inc.	0.25%	$184.8m	1.57M	+9.7% Added
MUSAMurphy USA Inc.	0.25%	$183.3m	340.2K	+46.7% Added
SCHWCharles Schwab Corporation	0.24%	$176.3m	1.91M	New
KVUEKenvue	0.24%	$172.5m	9.02M	+117.9% Added
LNGCheniere Energy, Inc.	0.24%	$171.9m	719.4K	+128.9% Added
LITELumentum	0.24%	$171.3m	199.6K	−1.6% Reduced
LOGILogitech International S.a.	0.24%	$171.0m	1.82M	−12.2% Reduced
VIRTVirtu Financial, Inc.	0.23%	$170.9m	2.87M	−2.1% Reduced
SFMSprouts Farmers Market, Inc.	0.23%	$170.3m	2.01M	−17.4% Reduced
NKENike, Inc.	0.23%	$167.1m	4.07M	+1191.7% Added
KMBKimberly-Clark	0.23%	$164.6m	1.50M	+13.8% Added
DASHDoorDash	0.23%	$164.1m	889.5K	−37.6% Reduced
GDGeneral Dynamics	0.22%	$160.7m	453.7K	+1403.4% Added
VRTXVertex Pharmaceuticals	0.22%	$159.0m	320.0K	−24.1% Reduced
NYTNEW York Times Co	0.21%	$156.4m	2.23M	−18.9% Reduced
ICEIntercontinental Exchange	0.21%	$156.3m	1.27M	New
EATBrinker International, Inc	0.21%	$153.4m	913.3K	−1.0% Reduced
UNHUnitedHealth Group	0.21%	$152.5m	367.0K	−68.3% Reduced
LMTLockheed Martin	0.21%	$152.1m	298.5K	+53.4% Added
FIXComfort Systems USA	0.21%	$150.9m	76.2K	+34.4% Added
MRVLMarvell Technology	0.21%	$150.6m	505.4K	New
CMECME Group	0.21%	$150.2m	680.0K	+1854.2% Added
HLHecla Mining Co	0.21%	$150.2m	9.73M	+149.5% Added
FTDRFrontdoor, Inc.	0.20%	$145.7m	1.88M	+1.5% Added
NVONovo Nordisk A S	0.20%	$145.4m	3.03M	−10.7% Reduced
ILMNIllumina, Inc.	0.20%	$145.3m	826.6K	−15.0% Reduced
DHRDanaher Corporation	0.20%	$144.9m	760.6K	+12.1% Added
AGIAlamos Gold Inc	0.20%	$144.8m	4.77M	−6.7% Reduced
PBRPetrobras - Petroleo Brasileiro SA	0.20%	$141.9m	8.78M	+14.6% Added
CNCCentene Corporation	0.19%	$140.7m	2.19M	+30.1% Added
PRPermian Resources Corp	0.19%	$140.0m	7.61M	−2.9% Reduced
DAVEDave Inc.	0.19%	$136.9m	367.4K	−14.9% Reduced
DOCUDocusign, Inc.	0.19%	$136.6m	3.08M	−3.0% Reduced
MTCHMatch Group, Inc.	0.19%	$136.6m	3.59M	+12.4% Added
JAZZJazz Pharmaceuticals plc	0.19%	$135.4m	562.1K	−31.4% Reduced
RIVNRivian Automotive, Inc. / DE	0.18%	$131.9m	7.60M	−30.4% Reduced
FROGJfrog Ltd	0.18%	$131.3m	1.45M	−8.3% Reduced
EDUNew Oriental Education & Technology Group Inc.	0.18%	$131.2m	2.86M	−3.1% Reduced
ROSTRoss Stores	0.18%	$131.1m	615.7K	+1390.9% Added
CAHCardinal Health	0.18%	$130.7m	550.1K	+59.5% Added
MOAltria	0.18%	$128.2m	1.78M	+6.3% Added
MSIMotorola Solutions	0.17%	$127.4m	306.9K	−24.3% Reduced
CRCLCircle Internet Group, Inc.	0.17%	$127.3m	2.03M	+13.5% Added
TTDTrade Desk, Inc.	0.17%	$127.0m	7.02M	+29.1% Added
CALMCal-maine Foods Inc	0.17%	$126.4m	1.57M	−11.8% Reduced
JPMJPMorgan Chase	0.17%	$126.2m	385.7K	−44.0% Reduced
NTESNetease, Inc.	0.17%	$124.5m	971.8K	−28.7% Reduced
BTUPeabody Energy Corp	0.17%	$122.8m	5.31M	−10.4% Reduced
VSTVistra Corp.	0.17%	$121.4m	765.3K	−27.9% Reduced
CVLTCommvault Systems Inc	0.17%	$120.3m	848.9K	−22.7% Reduced
CNKCinemark Holdings, Inc.	0.17%	$119.7m	3.77M	−5.6% Reduced
LYFTLyft, Inc.	0.17%	$119.6m	8.19M	−10.6% Reduced
COFCapital One	0.16%	$118.7m	591.5K	−20.0% Reduced
NTNXNutanix, Inc.	0.16%	$115.1m	2.26M	−17.1% Reduced
RDWRedwire Corp	0.16%	$115.0m	9.40M	New
GEGE Aerospace	0.16%	$114.7m	306.8K	−25.9% Reduced
CMGChipotle Mexican Grill	0.16%	$114.4m	3.36M	+272.6% Added
BLKBlackRock	0.16%	$114.2m	118.7K	New
CHTChunghwa Telecom Co LTD	0.16%	$113.6m	2.57M	−7.2% Reduced
OTISOtis Worldwide	0.16%	$113.4m	1.58M	−6.3% Reduced
CNQCanadian Natural Resources Ltd	0.16%	$113.0m	2.86M	New
MNDYMonday.com Ltd.	0.15%	$112.7m	1.56M	−28.6% Reduced
DXCMDexcom	0.15%	$109.8m	1.63M	+3.0% Added
RPRXRoyalty Pharma plc	0.15%	$108.5m	1.94M	+144.7% Added
WYNNWynn Resorts	0.15%	$107.7m	1.11M	−10.5% Reduced
BBarrick Mining Corp	0.15%	$106.8m	2.91M	−46.9% Reduced
UIUbiquiti Inc.	0.15%	$105.9m	198.3K	−9.4% Reduced
PRDOPerdoceo Education Corp	0.14%	$105.6m	3.30M	−5.8% Reduced
TERTeradyne	0.14%	$105.5m	218.1K	+32.3% Added
TVTXTravere Therapeutics, Inc.	0.14%	$104.1m	1.83M	−6.8% Reduced
BBBlackberry Ltd	0.14%	$103.7m	8.19M	+131.1% Added
NOCNorthrop Grumman	0.14%	$103.6m	203.4K	+1933.8% Added
HPQHP Inc.	0.14%	$103.1m	4.70M	−36.7% Reduced
ITWIllinois Tool Works	0.14%	$103.1m	381.2K	−42.2% Reduced
BSXBoston Scientific	0.14%	$102.9m	2.41M	−23.5% Reduced
RYAAYRyanair Holdings PLC	0.14%	$101.5m	1.57M	−13.8% Reduced
TMUST-Mobile US	0.14%	$101.4m	604.6K	+115.3% Added
PAASPAN American Silver Corp	0.14%	$101.3m	2.26M	+73.7% Added
ZTSZoetis	0.14%	$100.8m	1.40M	+456.9% Added
LGNLegence Corp.	0.14%	$100.6m	1.18M	+103.6% Added
TTCToro Co	0.14%	$100.1m	1.03M	+1.8% Added
TDToronto Dominion Bank	0.14%	$99.0m	815.3K	+747.7% Added
WSMWilliams-Sonoma, Inc.	0.14%	$97.9m	419.9K	−38.3% Reduced
BKDBrookdale Senior Living Inc.	0.13%	$95.8m	5.95M	−22.3% Reduced
VLTOVeralto	0.13%	$95.7m	1.08M	−22.5% Reduced
CRVLCorvel Corp	0.13%	$95.6m	1.53M	−5.5% Reduced
MCHPMicrochip Technology Inc	0.13%	$95.4m	1.05M	+3588.7% Added
CICigna	0.13%	$95.2m	345.5K	+57.8% Added
MCDMcDonald's	0.13%	$94.9m	351.1K	−35.3% Reduced
TGTTarget Corporation	0.13%	$94.8m	725.6K	+76.8% Added

Company	Bought (value)	Shares
METAMeta Platforms	$996.9m	1.77M
NVDANVIDIA Corporation	$913.3m	4.56M
GOOGLAlphabet Inc. (Class A)	$634.3m	1.77M
CRWDCrowdStrike	$571.6m	749.0K
AMZNAmazon	$546.0m	2.29M
NFLXNetflix	$484.5m	6.79M
TSLATesla, Inc.	$378.4m	899.7K
AMDAdvanced Micro Devices	$342.5m	612.8K
CVNACarvana	$258.1m	3.92M
MDTMedtronic	$247.8m	3.17M
TJXTJX Companies	$225.9m	1.49M
COPConocoPhillips	$210.3m	2.02M
SHELShell plc	$209.0m	2.70M
INTUIntuit	$199.7m	765.0K
SMCISupermicro	$197.3m	6.73M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
MUMicron Technology	−$2.3bn	−1.95M
SNDKSandisk	−$1.8bn	−794.6K
AAPLApple Inc.	−$430.9m	−1.49M
WDCWestern Digital	−$388.8m	−608.7K
UNHUnitedHealth Group	−$328.9m	−791.4K
LINLinde plc	−$324.2m	−624.7K
VRTVertiv	−$313.8m	−937.2K
HOODRobinhood Markets	−$291.6m	−2.91M
VVisa Inc.	−$189.9m	−553.5K
NUNu Holdings Ltd.	−$179.6m	−13.44M
AXPAmerican Express	−$174.6m	−516.3K
APPApplovin Corp	−$173.7m	−436.5K
BABoeing	−$170.7m	−788.7K
VALEVale S.a.	−$144.4m	−9.60M
FCXFreeport-McMoRan	−$143.7m	−2.29M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
APPApplovin Corp	$173.7m	436.5K
UBERUber	$129.2m	1.80M
NOWServiceNow	$126.1m	1.21M
UPSUnited Parcel Service	$121.5m	1.23M
PDDPDD Holdings Inc.	$113.7m	1.11M
MSMorgan Stanley	$110.9m	674.1K
AALAmerican Airlines Group Inc.	$104.0m	9.69M
DEDeere & Company	$102.5m	181.9K
MAMastercard	$97.3m	194.7K
FUTUFutu Holdings Ltd	$91.8m	671.0K
VZVerizon	$86.0m	1.71M
HPEHewlett Packard Enterprise	$85.3m	3.58M
ECLEcolab	$83.4m	313.4K
CRHCRH plc	$79.1m	752.7K
ZIMZIM Integrated Shipping Services Ltd.	$77.4m	2.94M
CCitigroup	$76.5m	674.7K
TMOThermo Fisher Scientific	$68.3m	139.0K
QCOMQualcomm	$68.3m	530.3K
BACBank of America	$67.5m	1.38M
ALLAllstate	$65.9m	317.7K
MRSHMarsh McLennan	$63.4m	365.5K
BMYBristol Myers Squibb	$59.3m	977.1K
SMRNuscale Power Corp	$59.1m	5.46M
RFRegions Financial Corporation	$56.0m	2.14M
FTAIFTAI Aviation Ltd.	$52.2m	212.9K
BAMBrookfield Asset Management Ltd.	$49.0m	1.10M
AAOIApplied Optoelectronics, Inc.	$47.8m	565.3K
MRNAModerna	$44.8m	881.2K
CDNSCadence Design Systems Inc	$44.6m	160.5K
HIMSHims & Hers Health, Inc.	$44.0m	2.12M

Technology25.1%
Health Care15.7%
Industrials12.2%
Consumer Discretionary11.8%
Financials9.3%
Communication Services8.5%
Energy5.2%
Materials4.7%
Consumer Staples3.1%
Real Estate2.2%
Utilities2.1%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+14.4%	+14.1%	0.78	0.78	−33.1%	0.97
2018 onwardsJanuary 5, 2018 to November 2, 2026	+13.2%	+13.9%	0.61	0.66	−33.1%	0.98
Last three yearsNovember 3, 2023 to November 2, 2026	+21.5%	+21.8%	1.07	1.16	−17.2%	0.97
Last yearNovember 7, 2025 to November 2, 2026	+13.1%	+14.2%	0.69	0.84	−8.2%	0.93

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.