Renaissance Capital 13F annual report

Renaissance Capital is an investment fund managing more than $179 billion ran by Tiffany Ng. There are currently 41 companies in Mrs. Ng’s portfolio. The largest investments include Nu and Kenvue Inc, together worth $36.6 billion.

Limited to 30 biggest holdings

$179 billion Assets Under Management (AUM)

As of 4th July 2024, Renaissance Capital’s top holding is 1,482,052 shares of Nu currently worth over $19.1 billion and making up 10.7% of the portfolio value. Relative to the number of outstanding shares of Nu, Renaissance Capital owns more than approximately 0.1% of the company. In addition, the fund holds 964,523 shares of Kenvue Inc worth $17.5 billion. The third-largest holding is Arm Holdings Plc worth $16.1 billion and the next is Robinhood Markets Inc worth $13.6 billion, with 596,736 shares owned.

Currently, Renaissance Capital's portfolio is worth at least $179 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Renaissance Capital

The Renaissance Capital office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Tiffany Ng serves as the Portfolio Manager at Renaissance Capital.

Recent trades

In the most recent 13F filing, Renaissance Capital revealed that it had opened a new position in Viking Holdings Ltd and bought 66,306 shares worth $2.25 billion.

The investment fund also strengthened its position in Kenvue Inc by buying 34,684 additional shares. This makes their stake in Kenvue Inc total 964,523 shares worth $17.5 billion.

On the other hand, there are companies that Renaissance Capital is getting rid of from its portfolio. Renaissance Capital closed its position in Coinbase Global Inc on 11th July 2024. It sold the previously owned 72,540 shares for $19.2 billion. Tiffany Ng also disclosed a decreased stake in Nu by approximately 0.1%. This leaves the value of the investment at $19.1 billion and 1,482,052 shares.

One of the smallest hedge funds

The two most similar investment funds to Renaissance Capital are Red Tortoise and Inspire Trust Co, N.a. They manage $179 billion and $179 billion respectively.


Tiffany Ng investment strategy

Renaissance Capital’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Finance — making up 11.1% of the total portfolio value. The fund focuses on investments in the United States as 14.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 5% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $8.25 billion.

The complete list of Renaissance Capital trades based on 13F SEC filings

These positions were updated on July 11th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Coinbase Global Inc
Closed
72,540
$19,231,805,000
Nu Holdings Ltd.
3.66%
1,482,052
$19,103,650,000 10.67%
Kenvue Inc
3.73%
964,523
$17,535,028,000 9.79%
Arm Holdings Plc
45.31%
98,205
$16,068,302,000 8.97%
Robinhood Markets Inc
43.39%
596,736
$13,551,875,000 7.57%
Rivian Automotive, Inc.
66.21%
739,354
$9,922,131,000 5.54%
Applovin Corp
Closed
132,136
$9,146,454,000
On Holding
60.15%
222,349
$8,627,141,000 4.82%
Core And Main Inc
30.58%
149,057
$7,294,850,000 4.07%
Duolingo, Inc.
70.73%
32,961
$6,877,972,000 3.84%
Corebridge Financial Inc
54.20%
229,680
$6,688,282,000 3.74%
Cava Group Inc
113.63%
67,787
$6,287,244,000 3.51%
UiPath, Inc.
Closed
250,295
$5,674,188,000
Ryan Specialty Holdings Inc
45.08%
91,929
$5,323,608,000 2.97%
GitLab Inc.
78.03%
106,451
$5,292,744,000 2.96%
Maplebear Inc
952.30%
154,604
$4,968,973,000 2.77%
Nextracker Inc
26.65%
103,975
$4,874,348,000 2.72%
Globalfoundries Inc
71.22%
88,340
$4,466,470,000 2.49%
Sentinelone Inc
30.47%
205,952
$4,335,290,000 2.42%
Procore Technologies, Inc.
Closed
52,347
$4,301,353,000
Confluent Inc
Closed
126,006
$3,845,703,000
Kanzhun Ltd
Closed
214,728
$3,764,182,000
Monday.com Ltd
Closed
16,255
$3,671,517,000
Dutch Bros Inc.
165.12%
82,256
$3,405,398,000 1.90%
DoubleVerify Holdings, Inc.
Closed
92,520
$3,253,003,000
Full Truck Alliance Co. Ltd.
Closed
440,635
$3,203,416,000
Tpg Inc
60.20%
75,487
$3,128,936,000 1.75%
Hashicorp Inc
35.12%
86,426
$2,911,692,000 1.63%
Endeavor Group Holdings Inc
Closed
103,926
$2,674,016,000
Freshworks Inc
71.99%
181,789
$2,306,902,000 1.29%
Viking Holdings Ltd
Opened
66,306
$2,250,426,000 1.26%
Mobileye Global Inc
41.47%
79,890
$2,243,711,000 1.25%
Global E Online Ltd
Closed
60,545
$2,200,811,000
Nuvalent Inc
64.37%
28,481
$2,160,569,000 1.21%
Doximity, Inc.
Closed
74,179
$1,996,157,000
Marqeta Inc
Closed
307,662
$1,833,666,000
Braze Inc
33.79%
46,673
$1,812,779,000 1.01%
Informatica Inc.
101.14%
57,377
$1,771,802,000 0.99%
Remitly Global Inc
45.77%
129,337
$1,567,564,000 0.88%
DigitalOcean Holdings, Inc.
Closed
39,953
$1,525,406,000
Ul Solutions Inc
Opened
34,999
$1,476,608,000 0.82%
Reddit Inc
Opened
22,778
$1,455,286,000 0.81%
Amer Sports Inc
50.74%
108,826
$1,367,943,000 0.76%
Squarespace, Inc.
Closed
37,042
$1,349,810,000
Jsc Kaspi.kz
36.55%
10,230
$1,319,772,000 0.74%
Birkenstock Holding Plc
36.52%
22,682
$1,234,128,000 0.69%
Astera Labs Inc
Opened
19,793
$1,197,674,000 0.67%
Powerschool Holdings Inc
43.74%
53,100
$1,188,909,000 0.66%
agilon health, inc.
Closed
191,122
$1,165,844,000
Clear Secure, Inc.
Closed
54,208
$1,153,004,000
Fluence Energy Inc
41.96%
54,288
$941,354,000 0.53%
Dlocal Ltd
Closed
60,039
$882,573,000
Klaviyo Inc
164.05%
33,424
$831,923,000 0.46%
Paycor Hcm Inc
Closed
42,319
$822,681,000
Enact Holdings Inc
35.02%
26,084
$799,735,000 0.45%
Rubrik Inc
Opened
20,707
$634,877,000 0.35%
Bausch Lomb Corp
57.25%
36,286
$526,873,000 0.29%
Loar Holdings Inc
Opened
9,309
$497,194,000 0.28%
Instructure Holdings Inc
54.81%
19,692
$460,990,000 0.26%
Zeekr Intelligent Technology
Opened
18,907
$356,208,000 0.20%
No transactions found
Showing first 500 out of 60 holdings