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
|
+$535M |
| 2 |
Meta Platforms (Facebook)
META
|
+$388M |
| 3 |
SLB Ltd
SLB
|
+$348M |
| 4 |
Visa
V
|
+$230M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Danaher
DHR
|
+$350M |
| 2 |
Chevron
CVX
|
+$349M |
| 3 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$337M |
| 4 |
Dell
DELL
|
+$332M |
| 5 |
SODA
SodaStream International Ltd
SODA
|
+$251M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.48% |
| 2 | Technology | 13.21% |
| 3 | Financials | 10.74% |
| 4 | Real Estate | 9.97% |
| 5 | Utilities | 9.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Globus Medical
GMED
$10.9B
| $52.9M | 0.06% |
1,222,400
+331,965
| +37% | +$16.6M |
|
402
Johnson & Johnson
JNJ
$646B
| $52.9M | 0.06% |
409,802
-352,298
| -46% | -$49.1M |
|
403
Synopsys
SNPS
$72.9B
| $52.9M | 0.06% |
627,784
-418,050
| -40% | -$37.1M |
|
404
Evertec
EVTC
$1.95B
| $52.9M | 0.06% |
1,842,401
+704,301
| +62% | +$18.4M |
|
|
CLDR
405
DELISTED
Cloudera, Inc.
CLDR
| $52.8M | 0.06% |
4,775,600
+3,184,600
| +200% | +$42.4M |
|
|
SRDX
406
DELISTED
Surmodics
SRDX
| $52.1M | 0.06% |
1,101,538
+9,700
| +0.9% | +$582K |
|
407
Ormat Technologies
ORA
$5.81B
| $52M | 0.06% |
994,000
-107,057
| -10% | -$5.63M |
|
408
Manulife Financial
MFC
$73B
| $51.9M | 0.06% |
3,658,224
+2,164,400
| +145% | +$34.3M |
|
409
KB Home
KBH
$3.5B
| $51.8M | 0.06% |
2,710,190
+1,468,490
| +118% | +$30.1M |
|
|
CMA
410
DELISTED
Comerica
CMA
| $51.7M | 0.06% |
+752,807
| New | +$59.8M |
|
411
Healthpeak Properties
DOC
$15.7B
| $51.7M | 0.06% |
1,850,801
+1,275,301
| +222% | +$35.3M |
|
|
TSE
412
DELISTED
Trinseo
TSE
| $51.6M | 0.06% |
1,127,300
-286,700
| -20% | -$15.6M |
|
413
Ovintiv
OVV
$16.9B
| $51.5M | 0.06% |
1,780,860
+1,764,298
| +10,653% | +$76.1M |
|
414
Nutanix
NTNX
$16B
| $51.4M | 0.06% |
1,235,226
-1,111,300
| -47% | -$45.9M |
|
|
LMNX
415
DELISTED
Luminex Corp
LMNX
| $51.1M | 0.06% |
2,209,342
+241,542
| +12% | +$6.51M |
|
416
Molson Coors Class B
TAP
$8.08B
| $51M | 0.06% |
909,000
+362,600
| +66% | +$22.3M |
|
417
Check Point Software Technologies
CHKP
$14.1B
| $51M | 0.06% |
496,808
+474,800
| +2,157% | +$52.1M |
|
|
AUO
418
DELISTED
AU Optronics Corp
AUO
| $50.8M | 0.06% |
12,902,496
+648,100
| +5% | +$2.58M |
|
419
HSBC
HSBC
$353B
| $50.8M | 0.06% |
1,281,775
+879,216
| +218% | +$35.2M |
|
420
AB InBev
BUD
$163B
| $50.7M | 0.06% |
769,882
+714,182
| +1,282% | +$54.6M |
|
421
Devon Energy
DVN
$51B
| $50.6M | 0.06% |
2,245,100
+2,084,800
| +1,301% | +$64.1M |
|
|
MFA
422
MFA Financial
MFA
$938M
| $50.3M | 0.06% |
1,881,506
-657,316
| -26% | -$18.5M |
|
|
VIVO
423
DELISTED
Meridian Bioscience Inc
VIVO
| $50.2M | 0.06% |
2,893,348
+92,140
| +3% | +$1.57M |
|
424
Targa Resources
TRGP
$57.4B
| $50.2M | 0.06% |
1,394,286
+1,094,800
| +366% | +$53M |
|
|
NAVG
425
DELISTED
Navigators Group Inc
NAVG
| $50.2M | 0.05% |
722,092
+143,997
| +25% | +$9.98M |
|
Similar funds
Renaissance Technologies's Q4 2018 Portfolio in Review
As of Q4 2018, Renaissance Technologies held 3,847 positions worth $91.3B, down 6.1% from $97.3B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies deployed $8.84B of net new capital in Q4 2018, opening 522 new positions and adding to 1,588 existing holdings. Its largest new stake was Apple: 11,041,936 shares worth $435M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 18% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Dell, an estimated $332M trimmed.
- Renaissance Technologies's largest Q4 2018 buy was Apple: 11,041,936 shares worth $435M.
- Renaissance Technologies added most to Meta Platforms (Facebook) in Q4 2018, an estimated $388M increase.
- Renaissance Technologies's biggest Q4 2018 reduction was Dell, cutting an estimated $332M.
- Renaissance Technologies fully exited Danaher in Q4 2018, selling an estimated $350M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $91.3B portfolio in Q4 2018.
- Renaissance Technologies opened 522 new positions and closed 504 in Q4 2018.
- Renaissance Technologies's portfolio value fell 6.1% quarter-over-quarter to $91.3B.
Based on Renaissance Technologies's 13F filing for Q4 2018, filed 13 Feb 2019.