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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$327M |
| 2 |
Chipotle Mexican Grill
CMG
|
+$271M |
| 3 |
Chevron
CVX
|
+$264M |
| 4 |
JPMorgan Chase
JPM
|
+$233M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$707M |
| 2 |
Johnson & Johnson
JNJ
|
+$396M |
| 3 |
Amazon
AMZN
|
+$312M |
| 4 |
Walmart Inc
WMT
|
+$285M |
| 5 |
Intuitive Surgical
ISRG
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.73% |
| 2 | Technology | 14.98% |
| 3 | Financials | 10.9% |
| 4 | Consumer Discretionary | 8.96% |
| 5 | Real Estate | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRDX
276
DELISTED
Surmodics
SRDX
| $81.5M | 0.08% |
1,091,838
+69,538
| +7% | +$4.79M |
|
277
Cavco Industries
CVCO
$4.54B
| $81.4M | 0.08% |
321,700
+14,100
| +5% | +$3.26M |
|
278
OGE Energy
OGE
$10.2B
| $81.4M | 0.08% |
2,239,900
+328,500
| +17% | +$12M |
|
279
Morningstar
MORN
$7.38B
| $81.1M | 0.08% |
643,770
+42,870
| +7% | +$5.78M |
|
|
MXIM
280
DELISTED
Maxim Integrated Products
MXIM
| $79.6M | 0.08% |
1,411,100
+617,300
| +78% | +$37.2M |
|
281
Bunge Global
BG
$22.8B
| $79.5M | 0.08% |
1,157,189
-272,808
| -19% | -$18M |
|
|
EQC
282
DELISTED
Equity Commonwealth
EQC
| $79.5M | 0.08% |
2,475,880
-142,095
| -5% | -$4.52M |
|
283
EOG Resources
EOG
$74.4B
| $79.4M | 0.08% |
+622,500
| New | +$75.7M |
|
284
Banco Santander Chile
BSAC
$16B
| $79M | 0.08% |
2,470,627
-40,800
| -2% | -$1.28M |
|
285
Hyatt Hotels
H
$17.8B
| $78.4M | 0.08% |
984,900
-242,500
| -20% | -$19.1M |
|
286
Trade Desk
TTD
$8.89B
| $78.4M | 0.08% |
5,193,000
-328,050
| -6% | -$3.89M |
|
287
Copa Holdings
CPA
$5.71B
| $78.3M | 0.08% |
981,100
-235,802
| -19% | -$20.7M |
|
288
AutoZone
AZO
$50.9B
| $77.8M | 0.08% |
100,300
+97,500
| +3,482% | +$71.8M |
|
|
PXD
289
DELISTED
Pioneer Natural Resource Co.
PXD
| $76.8M | 0.08% |
440,788
-63,400
| -13% | -$11.3M |
|
290
IAMGOLD
IAG
$8.24B
| $76.6M | 0.08% |
20,818,196
+466,296
| +2% | +$2.22M |
|
|
POLY
291
DELISTED
Plantronics, Inc.
POLY
| $76.4M | 0.08% |
1,266,700
+554,200
| +78% | +$37.9M |
|
292
FirstService
FSV
$6.58B
| $76M | 0.08% |
897,891
-23,243
| -3% | -$1.93M |
|
293
Rayonier Advanced Materials
RYAM
$591M
| $75.8M | 0.08% |
4,112,000
-32,000
| -0.8% | -$628K |
|
294
DXC Technology
DXC
$1.76B
| $75.6M | 0.08% |
808,800
+464,700
| +135% | +$41.1M |
|
295
Alliant Energy
LNT
$19.1B
| $75.3M | 0.08% |
1,769,113
+706,113
| +66% | +$30.3M |
|
296
Marathon Petroleum
MPC
$89.3B
| $75M | 0.08% |
937,300
+628,700
| +204% | +$49.7M |
|
297
Teva Pharmaceuticals
TEVA
$36.9B
| $74.7M | 0.08% |
3,469,663
-567,200
| -14% | -$13.2M |
|
298
Chemed
CHE
$6.87B
| $74.7M | 0.08% |
233,690
+95,790
| +69% | +$30.5M |
|
|
MFA
299
MFA Financial
MFA
$935M
| $74.6M | 0.08% |
2,538,822
+809,133
| +47% | +$25M |
|
|
ETP
300
DELISTED
Energy Transfer Partners, L.P.
ETP
| $74.6M | 0.08% |
3,352,618
+1,529,218
| +84% | +$33.2M |
|
Similar funds
Renaissance Technologies's Q3 2018 Portfolio in Review
As of Q3 2018, Renaissance Technologies held 3,734 positions worth $97.3B, up 6% from $91.7B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Renaissance Technologies's Q3 2018 filing shows 508 new, 1,623 increased, 1,169 reduced and 410 closed positions. Its largest new stake was JPMorgan Chase: 2,054,913 shares worth $232M. The largest sale was Apple, an estimated $707M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q3 2018 buy was JPMorgan Chase: 2,054,913 shares worth $232M.
- Renaissance Technologies added most to Twenty-First Century Fox, Inc. Class A in Q3 2018, an estimated $327M increase.
- Renaissance Technologies's biggest Q3 2018 reduction was Johnson & Johnson, cutting an estimated $396M.
- Renaissance Technologies fully exited Apple in Q3 2018, selling an estimated $707M.
- Renaissance Technologies's ten largest holdings make up 9.7% of its $97.3B portfolio in Q3 2018.
- Renaissance Technologies opened 508 new positions and closed 410 in Q3 2018.
- Renaissance Technologies's portfolio value rose 6% quarter-over-quarter to $97.3B.
Based on Renaissance Technologies's 13F filing for Q3 2018, filed 13 Nov 2018.