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 | |
|---|---|---|---|---|---|---|
|
EE
351
DELISTED
El Paso Electric Company
EE
| $63.2M | 0.06% |
1,104,200
+6,700
| +0.6% | +$410K |
|
352
American Water Works
AWK
$27B
| $63M | 0.06% |
715,800
+228,700
| +47% | +$20.1M |
|
353
WSFS Financial
WSFS
$4.14B
| $62.8M | 0.06% |
1,331,005
+158,591
| +14% | +$8.16M |
|
354
TIM SA
TIMB
$9.1B
| $62.6M | 0.06% |
4,323,138
+429,938
| +11% | +$6.69M |
|
355
American Financial Group
AFG
$11.9B
| $62.6M | 0.06% |
564,309
+4,709
| +0.8% | +$524K |
|
356
W.W. Grainger
GWW
$64.2B
| $62.6M | 0.06% |
175,200
+47,700
| +37% | +$16.4M |
|
357
Burlington
BURL
$23.4B
| $62.5M | 0.06% |
383,400
-492,100
| -56% | -$78.5M |
|
358
JetBlue
JBLU
$2.13B
| $62.3M | 0.06% |
3,217,604
+1,639,285
| +104% | +$31.1M |
|
359
Ryman Hospitality Properties
RHP
$8.56B
| $62.2M | 0.06% |
721,300
+97,659
| +16% | +$8.34M |
|
360
KLA
KLAC
$222B
| $62.1M | 0.06% |
6,108,220
+4,960,000
| +432% | +$54.2M |
|
361
Corcept Therapeutics
CORT
$9.98B
| $61.9M | 0.06% |
4,415,600
+70,200
| +2% | +$981K |
|
362
Agnico Eagle Mines
AEM
$72.2B
| $61.8M | 0.06% |
1,806,200
+50,600
| +3% | +$1.97M |
|
363
CSX Corp
CSX
$94B
| $61.2M | 0.06% |
2,481,300
+2,142,600
| +633% | +$51M |
|
364
Occidental Petroleum
OXY
$55.7B
| $61M | 0.06% |
742,448
-274,300
| -27% | -$22.2M |
|
365
Spire
SR
$4.79B
| $60.9M | 0.06% |
827,400
-58,000
| -7% | -$4.29M |
|
|
I
366
DELISTED
INTELSAT S. A.
I
| $60.8M | 0.06% |
2,027,900
+387,500
| +24% | +$8.48M |
|
|
RPAI
367
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $60.5M | 0.06% |
4,966,055
+841,200
| +20% | +$10.6M |
|
368
Banco de Chile
BCH
$20.6B
| $60.5M | 0.06% |
1,994,013
+34,435
| +2% | +$1.03M |
|
369
Flowers Foods
FLO
$1.58B
| $60.4M | 0.06% |
3,239,002
+1,075,320
| +50% | +$21.7M |
|
|
BFYT
370
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $60.2M | 0.06% |
975,700
-36,600
| -4% | -$1.67M |
|
371
CenterPoint Energy
CNP
$28.3B
| $59.9M | 0.06% |
2,167,100
+189,700
| +10% | +$5.31M |
|
|
CARB
372
DELISTED
Carbonite Inc
CARB
| $59.9M | 0.06% |
1,680,289
+5,289
| +0.3% | +$203K |
|
|
IMGN
373
DELISTED
Immunogen Inc
IMGN
| $59.8M | 0.06% |
6,312,640
-212,660
| -3% | -$2.04M |
|
374
OraSure Technologies
OSUR
$273M
| $59.7M | 0.06% |
3,866,207
-28,996
| -0.7% | -$475K |
|
|
LMNX
375
DELISTED
Luminex Corp
LMNX
| $59.6M | 0.06% |
1,967,800
-25,400
| -1% | -$762K |
|
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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.