Renaissance Capital LLC

Fundamental concentrated ★Highest signal CIK 1535058
League rank
#49
in Fundamental concentrated · #57 overall
Long book
$138.0M
Q1 2026
Positions
47
Top-10 weight
64%
concentration
Last quarter
+46.2%
SPY +14.8%
Turnover
21%
of book per quarter

Strategy in plain words

auto-generated from filings

Renaissance Capital LLC is a concentrated fundamental stock-picker, running a $138.0M US long book across 47 positions.

The portfolio is concentrated: the top 10 names carry 64% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: COREWEAVE INC-CL A, ARM HOLDINGS PLC-ADR, KENVUE INC, ASTERA LABS INC, REDDIT INC-CL A.

Over the last 9 quarters its long book ran on average 1.4pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.2%
Q2 2024
+6.7%
Q3 2024
+1.6%
Q4 2024
-13.3%
Q1 2025
+19.9%
Q2 2025
+9.5%
Q3 2025
-7.0%
Q4 2025
-7.1%
Q1 2026
+46.2%

Sector allocation

Technology
43%
Industrials
16%
Other
13%
Healthcare
10%
Financials
7%
Services media
6%
Consumer discretionary
4%
Utilities
1%

Long book by quarter

$192.7M
Q1 2024
$179.1M
Q2 2024
$151.9M
Q3 2024
$152.4M
Q4 2024
$129.5M
Q1 2025
$143.4M
Q2 2025
$178.4M
Q3 2025
$138.8M
Q4 2025
$138.0M
Q1 2026

What does Renaissance Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CRWV COREWEAVE INC-CL ATechnology141.9K$15.8M11.5%-15.6%
KVUE KENVUE INCOther692.2K$12.1M8.8%-15.2%
ALAB ASTERA LABS INCTechnology60.4K$11.8M8.5%-12.6%
RDDT REDDIT INC-CL ATechnology61.0K$9.0M6.5%-3.1%
MDLN MEDLINE INC-CL AHealthcare150.3K$6.7M4.8%New
VIK VIKING HOLDINGS LTDIndustrials79.7K$6.5M4.7%-13.9%
CRCL CIRCLE INTERNET GROUP INCFinancials52.6K$4.8M3.5%+75.0%
CAVA CAVA GROUP INCConsumer discretionary47.6K$4.4M3.2%-25.0%
RBRK RUBRIK INC-ATechnology68.2K$3.6M2.6%-6.3%
CART MAPLEBEAR INCServices media82.2K$3.5M2.5%-20.9%
ULS UL SOLUTIONS INC - CLASS AServices media36.6K$3.3M2.4%-23.0%
BTSG BRIGHTSPRING HEALTH SERVICESHealthcare60.9K$2.9M2.1%-13.1%
SARO STANDARDAERO INCIndustrials109.1K$2.7M2.0%+21.0%
TEM TEMPUS AI INC-CL ATechnology47.2K$2.6M1.9%-22.3%
AS AMER SPORTS INCOther71.2K$2.5M1.8%-25.0%
ATMU ATMUS FILTRATION TECHNOLOGIEIndustrials38.9K$2.5M1.8%New
LGN LEGENCE CORP-CL AIndustrials24.2K$2.1M1.5%New
TTAN SERVICETITAN INC-ATechnology31.6K$1.9M1.4%-23.5%
KRMN KARMAN HOLDINGS INCIndustrials24.3K$1.6M1.2%-25.0%
FIG FIGMA INC-CL ATechnology85.8K$1.5M1.1%+264.2%
FPS FORGENT POWER SOLUTIONS-CL AIndustrials38.4K$1.4M1.0%New
KVYO KLAVIYO INC-ATechnology65.0K$1.3M0.9%-11.6%
LOAR LOAR HOLDINGS INCIndustrials20.4K$1.1M0.8%-25.0%
WAY WAYSTAR HOLDING CORPTechnology52.0K$1.1M0.8%-25.0%
CAI CARIS LIFE SCIENCES INCHealthcare43.5K$826K0.6%+201.4%
BIRK BIRKENSTOCK HOLDING PLCOther20.5K$794K0.6%-39.5%
LB LANDBRIDGE CO LLC-AFinancials11.5K$790K0.6%New
VG VENTURE GLOBAL INC-CL AUtilities55.2K$732K0.5%-21.7%
PACS PACS GROUP INCHealthcare20.8K$698K0.5%New
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials16.6K$582K0.4%-25.0%
BLSH BULLISHFinancials15.3K$578K0.4%-27.3%
SFD SMITHFIELD FOODS INCConsumer staples21.6K$567K0.4%-25.0%
NTSK NETSKOPE INC-CL ATechnology40.7K$406K0.3%+33.6%
MWH SOLV ENERGY INC-CL AIndustrials10.1K$401K0.3%New
CHYM CHIME FINANCIAL INC-CL AFinancials15.6K$342K0.2%-25.0%
SAIL SAILPOINT INCTechnology28.7K$328K0.2%-25.0%
EQPT EQUIPMENTSHARE.COM INC-AServices media14.9K$314K0.2%New
CBC CENTRAL BANCOMPANYFinancials9.3K$252K0.2%New
BETA BETA TECHNOLOGIES INC -CL AIndustrials15.7K$250K0.2%-1.6%
KLAR KLARNA GROUP PLCFinancials16.4K$228K0.2%-25.1%
BLLN BILLIONTOONE INC CL AHealthcare1.9K$145K0.1%-21.5%
FRMI FERMI INCReal estate17.5K$90K0.1%-23.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 202647$138.0M canonicalSEC ↗
Q4 202513F-HRJan 29, 202639$138.8M canonicalSEC ↗
Q3 202513F-HROct 20, 202531$178.4M canonicalSEC ↗
Q2 202513F-HRJul 18, 202528$143.4M canonicalSEC ↗
Q1 202513F-HRApr 11, 202528$129.5M canonicalSEC ↗
Q4 202413F-HRJan 24, 202525$152.4M canonicalSEC ↗
Q3 202413F-HROct 15, 202432$151.9M canonicalSEC ↗
Q2 202413F-HRJul 11, 202441$179.1M canonicalSEC ↗
Q1 202413F-HRApr 9, 202453$192.7M canonicalSEC ↗