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.
$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 | |||
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