Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$453M |
| 2 |
CELG
Celgene Corp
CELG
|
+$391M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$389M |
| 4 |
GE Aerospace
GE
|
+$378M |
| 5 |
Johnson & Johnson
JNJ
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$307M |
| 2 |
Costco
COST
|
+$279M |
| 3 |
Lowe's Companies
LOW
|
+$273M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Chevron
CVX
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.11% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Pathward Financial
CASH
$1.88B
| $1.48M | ﹤0.01% |
+52,700
| New | +$1.34M |
|
|
GIFI
2502
DELISTED
Gulf Island Fabrication
GIFI
| $1.48M | ﹤0.01% |
207,829
+57,029
| +38% | +$470K |
|
|
EVBN
2503
DELISTED
Evans Bancorp Inc
EVBN
| $1.47M | ﹤0.01% |
39,074
-926
| -2% | -$33.2K |
|
|
TWNK
2504
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $1.47M | ﹤0.01% |
+101,800
| New | +$1.36M |
|
2505
Stratus Properties
STRS
$155M
| $1.47M | ﹤0.01% |
45,200
+3,300
| +8% | +$88.6K |
|
2506
International Money Express
IMXI
$389M
| $1.46M | ﹤0.01% |
103,600
+69,900
| +207% | +$895K |
|
2507
Loews
L
$24.5B
| $1.46M | ﹤0.01% |
26,700
-213,600
| -89% | -$11M |
|
2508
Vanguard Real Estate ETF
VNQ
$39.9B
| $1.46M | ﹤0.01% |
+16,700
| New | +$1.46M |
|
2509
Universal Logistics Holdings
ULH
$388M
| $1.46M | ﹤0.01% |
64,950
-101,300
| -61% | -$2.16M |
|
|
RTL
2510
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.46M | ﹤0.01% |
+133,833
| New | +$1.4M |
|
2511
Aptevo Therapeutics
APVO
$4.96M
| – | – |
0
| – | – |
|
2512
Midland States Bancorp
MSBI
$697M
| $1.46M | ﹤0.01% |
54,500
+30,300
| +125% | +$786K |
|
|
AUTL
2513
Autolus Therapeutics
AUTL
$389M
| $1.45M | ﹤0.01% |
+90,096
| New | +$2.01M |
|
2514
Crown Crafts
CRWS
$31.6M
| $1.45M | ﹤0.01% |
308,600
-1,800
| -0.6% | -$8.85K |
|
2515
Fastenal
FAST
$54.8B
| $1.45M | ﹤0.01% |
+88,976
| New | +$1.47M |
|
2516
Resources Connection
RGP
$140M
| $1.45M | ﹤0.01% |
90,470
-36,372
| -29% | -$580K |
|
|
AUTO
2517
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $1.45M | ﹤0.01% |
407,590
+20,400
| +5% | +$70.5K |
|
2518
City Holding Co
CHCO
$2.05B
| $1.44M | ﹤0.01% |
18,920
-18,450
| -49% | -$1.42M |
|
2519
Pilgrim's Pride
PPC
$7.13B
| $1.44M | ﹤0.01% |
+56,813
| New | +$1.47M |
|
|
APRN
2520
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $1.44M | ﹤0.01% |
17,734
+12,784
| +258% | +$1.86M |
|
2521
Hasbro
HAS
$13.5B
| $1.44M | ﹤0.01% |
13,600
-766,400
| -98% | -$75.5M |
|
2522
Construction Partners
ROAD
$5.88B
| $1.44M | ﹤0.01% |
+95,600
| New | +$1.25M |
|
|
VOLT
2523
DELISTED
Volt Information Sciences, Inc.
VOLT
| $1.43M | ﹤0.01% |
318,207
+40,900
| +15% | +$185K |
|
|
TRCB
2524
DELISTED
Two River Bancorp
TRCB
| $1.43M | ﹤0.01% |
99,387
+21,000
| +27% | +$314K |
|
|
PETQ
2525
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.42M | ﹤0.01% |
43,200
-137,300
| -76% | -$4.05M |
|
Similar funds
Renaissance Technologies's Q2 2019 Portfolio in Review
As of Q2 2019, Renaissance Technologies held 3,913 positions worth $114B, up 3.3% from $110B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies's Q2 2019 filing shows 495 new, 1,847 increased, 1,145 reduced and 397 closed positions. Its largest new stake was Apple: 9,290,160 shares worth $460M. The largest sale was UnitedHealth, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q2 2019 buy was Apple: 9,290,160 shares worth $460M.
- Renaissance Technologies added most to Celgene Corp in Q2 2019, an estimated $391M increase.
- Renaissance Technologies's biggest Q2 2019 reduction was Microsoft, cutting an estimated $230M.
- Renaissance Technologies fully exited UnitedHealth in Q2 2019, selling an estimated $307M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $114B portfolio in Q2 2019.
- Renaissance Technologies opened 495 new positions and closed 397 in Q2 2019.
- Renaissance Technologies's portfolio value rose 3.3% quarter-over-quarter to $114B.
Based on Renaissance Technologies's 13F filing for Q2 2019, filed 12 Aug 2019.