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
|
+$453M |
| 2 |
CELG
Celgene Corp
CELG
|
+$391M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$389M |
| 4 |
GE Aerospace
GE
|
+$378M |
| 5 |
Johnson & Johnson
JNJ
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$307M |
| 2 |
Costco
COST
|
+$279M |
| 3 |
Lowe's Companies
LOW
|
+$273M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Chevron
CVX
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.11% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Kaiser Aluminum
KALU
$2.65B
| $32.1M | 0.03% |
329,000
-25,000
| -7% | -$2.44M |
|
|
IBA
702
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $32.1M | 0.03% |
633,200
+3,300
| +0.5% | +$166K |
|
703
Rio Tinto
RIO
$149B
| $32.1M | 0.03% |
514,432
-184,900
| -26% | -$11.1M |
|
|
STOR
704
DELISTED
STORE Capital Corporation
STOR
| $32M | 0.03% |
963,800
-503,500
| -34% | -$17M |
|
705
Piper Sandler
PIPR
$5.24B
| $31.9M | 0.03% |
1,720,400
-74,400
| -4% | -$1.41M |
|
|
UCB
706
United Community Banks
UCB
$4.27B
| $31.9M | 0.03% |
1,117,868
-169,300
| -13% | -$4.62M |
|
707
WPP
WPP
$4.59B
| $31.9M | 0.03% |
507,100
-120,029
| -19% | -$7.28M |
|
708
Advance Auto Parts
AAP
$3.54B
| $31.9M | 0.03% |
206,750
-370,100
| -64% | -$60.1M |
|
709
SLM Corp
SLM
$4.74B
| $31.8M | 0.03% |
3,274,700
+340,500
| +12% | +$3.37M |
|
710
Conduent
CNDT
$251M
| $31.7M | 0.03% |
3,307,272
+130,926
| +4% | +$1.42M |
|
711
Planet Fitness
PLNT
$4.43B
| $31.6M | 0.03% |
436,700
-371,600
| -46% | -$28M |
|
712
GoPro
GPRO
$125M
| $31.6M | 0.03% |
5,793,500
-210,300
| -4% | -$1.34M |
|
713
OceanFirst Financial
OCFC
$1.74B
| $31.6M | 0.03% |
1,270,241
+39,650
| +3% | +$975K |
|
714
Open Text
OTEX
$6.02B
| $31.6M | 0.03% |
765,916
+401,216
| +110% | +$16M |
|
|
CTRA
715
DELISTED
Coterra Energy
CTRA
| $31.5M | 0.03% |
+1,373,800
| New | +$35M |
|
716
NetEase
NTES
$81.5B
| $31.4M | 0.03% |
+614,500
| New | +$32.6M |
|
717
Atmos Energy
ATO
$29.9B
| $31.4M | 0.03% |
297,400
+216,300
| +267% | +$22.1M |
|
718
Tucows
TCX
$101M
| $31.3M | 0.03% |
513,451
+7,118
| +1% | +$512K |
|
|
MNDT
719
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $31.3M | 0.03% |
2,112,600
+166,800
| +9% | +$2.56M |
|
|
WMC
720
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $31.2M | 0.03% |
312,795
+3,524
| +1% | +$358K |
|
|
CATM
721
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $31.2M | 0.03% |
1,141,100
+133,500
| +13% | +$4.34M |
|
722
Service Corp International
SCI
$11.7B
| $31.2M | 0.03% |
666,230
-7,000
| -1% | -$302K |
|
723
TD Synnex
SNX
$19.8B
| $31.1M | 0.03% |
632,856
+346,400
| +121% | +$17.2M |
|
724
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $31.1M | 0.03% |
1,111,914
+88,195
| +9% | +$2.42M |
|
725
Standard BioTools
LAB
$311M
| $31.1M | 0.03% |
2,522,800
+367,718
| +17% | +$4.68M |
|
Similar funds
Renaissance Technologies's Q2 2019 Portfolio in Review
As of Q2 2019, Renaissance Technologies held 3,913 positions worth $114B, up 3.3% from $110B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies's Q2 2019 filing shows 495 new, 1,847 increased, 1,145 reduced and 397 closed positions. Its largest new stake was Apple: 9,290,160 shares worth $460M. The largest sale was UnitedHealth, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q2 2019 buy was Apple: 9,290,160 shares worth $460M.
- Renaissance Technologies added most to Celgene Corp in Q2 2019, an estimated $391M increase.
- Renaissance Technologies's biggest Q2 2019 reduction was Microsoft, cutting an estimated $230M.
- Renaissance Technologies fully exited UnitedHealth in Q2 2019, selling an estimated $307M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $114B portfolio in Q2 2019.
- Renaissance Technologies opened 495 new positions and closed 397 in Q2 2019.
- Renaissance Technologies's portfolio value rose 3.3% quarter-over-quarter to $114B.
Based on Renaissance Technologies's 13F filing for Q2 2019, filed 12 Aug 2019.