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 |
Baidu
BIDU
|
+$462M |
| 2 |
AGN
Allergan plc
AGN
|
+$390M |
| 3 |
AT&T
T
|
+$371M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$353M |
| 5 |
NextEra Energy
NEE
|
+$326M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.97B |
| 2 |
Meta Platforms (Facebook)
META
|
+$435M |
| 3 |
Pfizer
PFE
|
+$377M |
| 4 |
GE Aerospace
GE
|
+$354M |
| 5 |
Starbucks
SBUX
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.43% |
| 2 | Technology | 12.71% |
| 3 | Consumer Staples | 9.79% |
| 4 | Financials | 8.2% |
| 5 | Utilities | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
First Industrial Realty Trust
FR
$8.73B
| $22.5M | 0.02% |
677,501
-588,999
| -47% | -$23.4M |
|
|
BMTC
702
DELISTED
Bryn Mawr Bank Corp
BMTC
| $22.5M | 0.02% |
791,158
+7,500
| +1% | +$263K |
|
703
REX American Resources
REX
$1.42B
| $22.4M | 0.02% |
2,892,384
-182,874
| -6% | -$2.08M |
|
704
Pricesmart
PSMT
$5.98B
| $22.3M | 0.02% |
425,000
-57,000
| -12% | -$3.33M |
|
|
QTS
705
DELISTED
QTS REALTY TRUST, INC.
QTS
| $22.2M | 0.02% |
383,500
+309,800
| +420% | +$17.3M |
|
706
Nu Skin
NUS
$252M
| $22.2M | 0.02% |
1,016,300
-460,700
| -31% | -$13.9M |
|
|
CLDR
707
DELISTED
Cloudera, Inc.
CLDR
| $22.2M | 0.02% |
2,819,452
+2,046,300
| +265% | +$20M |
|
708
Johnson Outdoors
JOUT
$491M
| $22.2M | 0.02% |
353,300
-5,900
| -2% | -$403K |
|
|
GMS
709
DELISTED
GMS Inc
GMS
| $22.1M | 0.02% |
1,407,502
-112,582
| -7% | -$2.67M |
|
|
NBL
710
DELISTED
Noble Energy, Inc.
NBL
| $22.1M | 0.02% |
+3,661,528
| New | +$58.7M |
|
|
IBA
711
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $22.1M | 0.02% |
648,945
+10,845
| +2% | +$475K |
|
|
CONE
712
DELISTED
CyrusOne Inc Common Stock
CONE
| $22.1M | 0.02% |
357,286
+74,500
| +26% | +$4.55M |
|
713
Employers Holdings
EIG
$908M
| $22.1M | 0.02% |
544,543
+40,043
| +8% | +$1.64M |
|
714
VICI Properties
VICI
$29B
| $22M | 0.02% |
1,324,400
-1,797,800
| -58% | -$42M |
|
715
Simpson Manufacturing
SSD
$7.72B
| $22M | 0.02% |
355,000
+246,600
| +227% | +$19.3M |
|
|
RST
716
DELISTED
ROSETTA STONE INC
RST
| $21.9M | 0.02% |
1,564,523
+76,000
| +5% | +$1.27M |
|
717
Equity Residential
EQR
$24.9B
| $21.9M | 0.02% |
355,318
-458,382
| -56% | -$35.4M |
|
718
Williams-Sonoma
WSM
$26.9B
| $21.9M | 0.02% |
+1,028,908
| New | +$32.7M |
|
719
Diamondback Energy
FANG
$57.1B
| $21.8M | 0.02% |
+832,089
| New | +$52.4M |
|
720
Utah Medical Products
UTMD
$225M
| $21.8M | 0.02% |
231,514
-2,700
| -1% | -$251K |
|
|
ABB
721
DELISTED
ABB Ltd
ABB
| $21.7M | 0.02% |
1,259,800
+255,300
| +25% | +$5.58M |
|
722
Gilat Satellite Networks
GILT
$834M
| $21.7M | 0.02% |
3,063,229
+105,812
| +4% | +$912K |
|
|
PFC
723
DELISTED
Premier Financial Corp. Common Stock
PFC
| $21.7M | 0.02% |
1,472,215
+682,515
| +86% | +$17.4M |
|
|
FBC
724
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $21.6M | 0.02% |
1,091,561
+100,900
| +10% | +$3.26M |
|
725
Prudential
PUK
$37.6B
| $21.6M | 0.02% |
900,475
-253,523
| -22% | -$8.07M |
|
Similar funds
Renaissance Technologies's Q1 2020 Portfolio in Review
As of Q1 2020, Renaissance Technologies held 4,047 positions worth $103B, down 21% from $130B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Renaissance Technologies's Q1 2020 filing shows 573 new, 1,474 increased, 1,328 reduced and 645 closed positions. Its largest new stake was AT&T: 13,563,699 shares worth $299M. The largest sale was Tesla, an estimated $1.97B.
By sector, the portfolio is most concentrated in Healthcare at 25% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Staples.
- Renaissance Technologies's largest Q1 2020 buy was AT&T: 13,563,699 shares worth $299M.
- Renaissance Technologies added most to Baidu in Q1 2020, an estimated $462M increase.
- Renaissance Technologies's biggest Q1 2020 reduction was Tesla, cutting an estimated $1.97B.
- Renaissance Technologies fully exited Phillips 66 in Q1 2020, selling an estimated $214M.
- Renaissance Technologies's ten largest holdings make up 15% of its $103B portfolio in Q1 2020.
- Renaissance Technologies opened 573 new positions and closed 645 in Q1 2020.
- Renaissance Technologies's portfolio value fell 21% quarter-over-quarter to $103B.
Based on Renaissance Technologies's 13F filing for Q1 2020, filed 14 May 2020.