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 |
CELG
Celgene Corp
CELG
|
+$628M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$567M |
| 3 |
Biogen
BIIB
|
+$405M |
| 4 |
UnitedHealth
UNH
|
+$392M |
| 5 |
Walmart Inc
WMT
|
+$301M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$451M |
| 2 |
PepsiCo
PEP
|
+$382M |
| 3 |
Philip Morris
PM
|
+$256M |
| 4 |
Roku
ROKU
|
+$252M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.91% |
| 2 | Technology | 12.35% |
| 3 | Consumer Discretionary | 10.31% |
| 4 | Financials | 9.99% |
| 5 | Consumer Staples | 8.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2701
Millicom
TIGO
$16B
| $759K | ﹤0.01% |
15,600
+200
| +1% | +$10.4K |
|
2702
AMREP Corp
AXR
$123M
| $756K | ﹤0.01% |
132,280
+5,700
| +5% | +$33.4K |
|
2703
Invesco Senior Loan ETF
BKLN
$6.97B
| $753K | ﹤0.01% |
33,346
-410,454
| -92% | -$9.31M |
|
|
BLPH
2704
DELISTED
Bellerophon Therapeutics, Inc.
BLPH
| $751K | ﹤0.01% |
103,854
+8,218
| +9% | +$74.9K |
|
2705
ProShares Trust Short MSCI Emerging Markets
EUM
$9.65M
| $749K | ﹤0.01% |
19,563
+11,913
| +156% | +$453K |
|
2706
ESCO Technologies
ESE
$8.17B
| $748K | ﹤0.01% |
+9,400
| New | +$747K |
|
2707
iShares US Financials ETF
IYF
$4.67B
| $747K | ﹤0.01% |
11,600
+1,200
| +12% | +$76.2K |
|
|
SIFY
2708
Sify Technologies
SIFY
$1.06B
| $746K | ﹤0.01% |
88,122
+1,117
| +1% | +$9.03K |
|
2709
Inspired Entertainment
INSE
$184M
| $745K | ﹤0.01% |
103,570
+6,300
| +6% | +$47.9K |
|
|
UN
2710
DELISTED
Unilever NV New York Registry Shares
UN
| $744K | ﹤0.01% |
12,400
-297,200
| -96% | -$17.8M |
|
|
TULP
2711
Bloomia Holdings
TULP
| $740K | ﹤0.01% |
107,941
+443
| +0.4% | +$3.15K |
|
|
AGNT
2712
AGNT Inc
AGNT
$666M
| $739K | ﹤0.01% |
176,258
+139,458
| +379% | +$662K |
|
2713
Ironwood Pharmaceuticals
IRWD
$696M
| $739K | ﹤0.01% |
+86,053
| New | +$836K |
|
2714
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.4B
| $738K | ﹤0.01% |
23,600
-3,800
| -14% | -$118K |
|
2715
Virco
VIRC
$95.2M
| $738K | ﹤0.01% |
191,600
+1,000
| +0.5% | +$4.3K |
|
|
STKL
2716
DELISTED
SunOpta
STKL
| $734K | ﹤0.01% |
407,648
-88,852
| -18% | -$230K |
|
2717
Yatra Online
YTRA
$52.7M
| $734K | ﹤0.01% |
178,100
-20,200
| -10% | -$83.6K |
|
|
OBSV
2718
DELISTED
ObsEva SA Ordinary Shares
OBSV
| $733K | ﹤0.01% |
88,000
+8,400
| +11% | +$80.1K |
|
|
LTS
2719
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $729K | ﹤0.01% |
307,695
-147,705
| -32% | -$386K |
|
|
KG
2720
Kestrel Group
KG
$69.4M
| $724K | ﹤0.01% |
48,275
-3,570
| -7% | -$42K |
|
2721
SI-BONE Inc
SIBN
$788M
| $723K | ﹤0.01% |
+40,900
| New | +$783K |
|
2722
Limbach Holdings
LMB
$855M
| $721K | ﹤0.01% |
146,332
-25,028
| -15% | -$168K |
|
2723
Tantech Holdings
TANH
$6.07M
| $721K | ﹤0.01% |
48
+23
| +92% | +$329K |
|
2724
BGSF Inc
BGSF
$59.5M
| $720K | ﹤0.01% |
37,700
-16,900
| -31% | -$314K |
|
2725
Reinsurance Group of America
RGA
$15.5B
| $719K | ﹤0.01% |
4,500
-67,600
| -94% | -$10.5M |
|
Similar funds
Renaissance Technologies's Q3 2019 Portfolio in Review
As of Q3 2019, Renaissance Technologies held 3,920 positions worth $118B, up 4% from $114B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $5.29B of net new capital in Q3 2019, opening 406 new positions and adding to 1,848 existing holdings. Its largest new stake was UnitedHealth: 1,624,826 shares worth $353M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $451M trimmed.
- Renaissance Technologies's largest Q3 2019 buy was UnitedHealth: 1,624,826 shares worth $353M.
- Renaissance Technologies added most to Celgene Corp in Q3 2019, an estimated $628M increase.
- Renaissance Technologies's biggest Q3 2019 reduction was Apple, cutting an estimated $451M.
- Renaissance Technologies fully exited Red Hat Inc in Q3 2019, selling an estimated $248M.
- Renaissance Technologies's ten largest holdings make up 11% of its $118B portfolio in Q3 2019.
- Renaissance Technologies opened 406 new positions and closed 522 in Q3 2019.
- Renaissance Technologies's portfolio value rose 4% quarter-over-quarter to $118B.
Based on Renaissance Technologies's 13F filing for Q3 2019, filed 13 Nov 2019.