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
|
+$693M |
| 2 |
Meta Platforms (Facebook)
META
|
+$446M |
| 3 |
Johnson & Johnson
JNJ
|
+$306M |
| 4 |
Evergy
EVRG
|
+$288M |
| 5 |
Walmart Inc
WMT
|
+$265M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Home Depot
HD
|
+$596M |
| 2 |
Booking.com
BKNG
|
+$519M |
| 3 |
Amazon
AMZN
|
+$518M |
| 4 |
Eli Lilly
LLY
|
+$268M |
| 5 |
UnitedHealth
UNH
|
+$246M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.51% |
| 2 | Technology | 14.39% |
| 3 | Financials | 11.76% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Real Estate | 8.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3426
Global X MLP ETF
MLPA
$2.27B
| – | – |
-2,867
| Closed | -$146K |
|
3427
Merit Medical Systems
MMSI
$4.67B
| – | – |
-30,012
| Closed | -$1.36M |
|
3428
MediciNova
MNOV
$65.5M
| – | – |
-65,200
| Closed | -$666K |
|
3429
VanEck Morningstar Wide Moat ETF
MOAT
$11.9B
| – | – |
-6,970
| Closed | -$289K |
|
3430
Monolithic Power Systems
MPWR
$63B
| – | – |
-3,586
| Closed | -$415K |
|
3431
Marten Transport
MRTN
$1.25B
| – | – |
-22,200
| Closed | -$337K |
|
3432
Mine Safety
MSA
$6.94B
| – | – |
-73,100
| Closed | -$6.08M |
|
3433
Matador Resources
MTDR
$5.73B
| – | – |
-16,200
| Closed | -$485K |
|
3434
Mannatech
MTEX
$8.92M
| – | – |
-207,860
| Closed | -$3.26M |
|
3435
MasTec
MTZ
$24.7B
| – | – |
-233,800
| Closed | -$11M |
|
3436
Micron Technology
MU
$927B
| – | – |
-228,536
| Closed | -$11.9M |
|
3437
McEwen Inc
MUX
$1.03B
| – | – |
-7,990
| Closed | -$166K |
|
|
NAK
3438
Northern Dynasty Minerals
NAK
$812M
| – | – |
-220,700
| Closed | -$205K |
|
3439
Neurocrine Biosciences
NBIX
$18.4B
| – | – |
-162,341
| Closed | -$13.5M |
|
3440
Norwegian Cruise Line
NCLH
$9.74B
| – | – |
-135,817
| Closed | -$7.19M |
|
3441
Nordson
NDSN
$16.9B
| – | – |
-89,214
| Closed | -$12.2M |
|
3442
Neogen
NEOG
$2B
| – | – |
-98,264
| Closed | -$3.29M |
|
3443
NeoGenomics
NEO
$1.74B
| – | – |
-40,100
| Closed | -$327K |
|
3444
NewMarket
NEU
$7.2B
| – | – |
-20,700
| Closed | -$8.31M |
|
3445
Enpro
NPO
$6.63B
| – | – |
-104,400
| Closed | -$8.08M |
|
3446
NetEase
NTES
$81.5B
| – | – |
-709,000
| Closed | -$39.8M |
|
3447
Nutrien
NTR
$33.3B
| – | – |
-519,185
| Closed | -$24.5M |
|
3448
Novavax
NVAX
$1.21B
| – | – |
-289,323
| Closed | -$12.2M |
|
3449
News Corp Class A
NWSA
$15.3B
| – | – |
-181,300
| Closed | -$2.87M |
|
3450
Nexstar Media Group
NXST
$5.92B
| – | – |
-86,305
| Closed | -$5.74M |
|
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Renaissance Technologies's Q2 2018 Portfolio in Review
As of Q2 2018, Renaissance Technologies held 3,750 positions worth $91.7B, up 0.34% from $91.4B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies withdrew a net $3.9B in Q2 2018, closing 524 positions and reducing 1,111 holdings. Its most notable exit was Booking.com, an estimated $519M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 17% a quarter earlier, followed by Technology and Financials.
Against the trend, Renaissance Technologies opened a new position in Apple worth $707M.
- Renaissance Technologies's largest Q2 2018 buy was Apple: 15,275,332 shares worth $707M.
- Renaissance Technologies added most to Johnson & Johnson in Q2 2018, an estimated $306M increase.
- Renaissance Technologies's biggest Q2 2018 reduction was Home Depot, cutting an estimated $596M.
- Renaissance Technologies fully exited Booking.com in Q2 2018, selling an estimated $519M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $91.7B portfolio in Q2 2018.
- Renaissance Technologies opened 412 new positions and closed 524 in Q2 2018.
- Renaissance Technologies's portfolio value rose 0.34% quarter-over-quarter to $91.7B.
Based on Renaissance Technologies's 13F filing for Q2 2018, filed 13 Aug 2018.