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 | |
|---|---|---|---|---|---|---|
|
ORIT
751
DELISTED
Oritani Financial Corp. New
ORIT
| $26.8M | 0.03% |
1,720,300
+94,633
| +6% | +$1.53M |
|
752
Manulife Financial
MFC
$73B
| $26.7M | 0.03% |
1,493,824
+619,700
| +71% | +$11.3M |
|
753
Kemper
KMPR
$1.81B
| $26.7M | 0.03% |
331,888
+273,988
| +473% | +$21.5M |
|
754
International Paper
IP
$22.6B
| $26.6M | 0.03% |
572,246
-734,237
| -56% | -$36.4M |
|
755
Diamondrock Hospitality Co
DRH
$2.68B
| $26.6M | 0.03% |
2,281,284
+233,200
| +11% | +$2.78M |
|
|
PBPB
756
DELISTED
Potbelly
PBPB
| $26.6M | 0.03% |
2,161,600
+33,300
| +2% | +$431K |
|
|
AUY
757
DELISTED
Yamana Gold, Inc.
AUY
| $26.6M | 0.03% |
10,672,290
+2,237,015
| +27% | +$6.21M |
|
|
CUTR
758
DELISTED
Cutera, Inc.
CUTR
| $26.5M | 0.03% |
813,400
-182,500
| -18% | -$6.65M |
|
|
PAMT
759
PAMT Corp
PAMT
$360M
| $26.5M | 0.03% |
1,626,000
-32,400
| -2% | -$454K |
|
760
Stryker
SYK
$135B
| $26.4M | 0.03% |
+148,400
| New | +$25.3M |
|
761
Mercantile Bank Corp
MBWM
$1.04B
| $26.4M | 0.03% |
790,115
+29,600
| +4% | +$1.06M |
|
|
LGTY
762
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $26.3M | 0.03% |
2,171,031
+21,431
| +1% | +$324K |
|
|
AIMC
763
DELISTED
Altra Industrial Motion Corp
AIMC
| $26.3M | 0.03% |
637,609
+370,105
| +138% | +$15.5M |
|
764
Avis
CAR
$5.47B
| $26.3M | 0.03% |
817,200
+138,600
| +20% | +$4.62M |
|
765
Maximus
MMS
$3.32B
| $26.3M | 0.03% |
403,700
+217,700
| +117% | +$14.1M |
|
|
VEDL
766
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $26.2M | 0.03% |
2,049,800
-884,560
| -30% | -$11.2M |
|
|
P
767
DELISTED
Pandora Media Inc
P
| $26.2M | 0.03% |
+2,756,200
| New | +$23.2M |
|
768
US Foods
USFD
$22.5B
| $26.2M | 0.03% |
850,100
-258,800
| -23% | -$8.95M |
|
769
Methode Electronics
MEI
$458M
| $26M | 0.03% |
719,500
-96,900
| -12% | -$3.79M |
|
770
Vishay Intertechnology
VSH
$4.6B
| $26M | 0.03% |
1,278,625
+840,300
| +192% | +$19.8M |
|
771
Viavi Solutions
VIAV
$7.95B
| $25.8M | 0.03% |
2,277,688
+1,611,342
| +242% | +$17.4M |
|
772
Liberty Global Class C
LBTYK
$3.5B
| $25.8M | 0.03% |
915,415
+312,000
| +52% | +$8.42M |
|
|
IMOS
773
ChipMOS TECHNOLOGIES
IMOS
$1.59B
| $25.8M | 0.03% |
1,426,698
+12,650
| +0.9% | +$213K |
|
774
NOV
NOV
$6.84B
| $25.8M | 0.03% |
597,910
+212,600
| +55% | +$9.51M |
|
775
MGE Energy Inc
MGEE
$3.03B
| $25.7M | 0.03% |
403,050
+14,900
| +4% | +$967K |
|
Similar funds
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.