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 | |
|---|---|---|---|---|---|---|
751
AvalonBay Communities
AVB
$27B
| $20.8M | 0.02% |
141,614
+32,214
| +29% | +$6.49M |
|
752
Cavco Industries
CVCO
$4.2B
| $20.8M | 0.02% |
143,199
+5,690
| +4% | +$1.12M |
|
753
Citizens Financial Group
CFG
$30.7B
| $20.7M | 0.02% |
1,102,900
+1,053,900
| +2,151% | +$34.4M |
|
754
Howmet Aerospace
HWM
$115B
| $20.7M | 0.02% |
1,679,813
-774,967
| -32% | -$16.1M |
|
755
Seaboard Corp
SEB
$4.21B
| $20.6M | 0.02% |
7,335
+300
| +4% | +$1.09M |
|
756
NorthWestern Energy
NWE
$4.24B
| $20.6M | 0.02% |
344,830
+261,326
| +313% | +$18.6M |
|
|
CMA
757
DELISTED
Comerica
CMA
| $20.6M | 0.02% |
701,666
+672,119
| +2,275% | +$36.5M |
|
758
TransUnion
TRU
$15.3B
| $20.6M | 0.02% |
311,000
-138,300
| -31% | -$11.9M |
|
|
CTRA
759
DELISTED
Coterra Energy
CTRA
| $20.5M | 0.02% |
1,194,800
+1,163,700
| +3,742% | +$18.4M |
|
760
Capital One
COF
$134B
| $20.5M | 0.02% |
407,099
+267,900
| +192% | +$23.6M |
|
761
Linde
LIN
$221B
| $20.4M | 0.02% |
118,100
+113,100
| +2,262% | +$22.3M |
|
762
James River Group Holdings
JRVR
$213M
| $20.4M | 0.02% |
563,625
+36,600
| +7% | +$1.47M |
|
763
DuPont de Nemours
DD
$19.1B
| $20.3M | 0.02% |
474,037
-898,431
| -65% | -$55M |
|
764
Flowserve
FLS
$9.78B
| $20.2M | 0.02% |
+846,900
| New | +$34.2M |
|
765
SunCoke Energy
SXC
$714M
| $20.2M | 0.02% |
5,240,751
+172,851
| +3% | +$876K |
|
766
Photronics
PLAB
$1.85B
| $20.2M | 0.02% |
1,964,494
-85,500
| -4% | -$1.12M |
|
|
UBA
767
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $20M | 0.02% |
1,421,922
+72,915
| +5% | +$1.5M |
|
768
Nice
NICE
$5.9B
| $19.9M | 0.02% |
138,444
+88,181
| +175% | +$14.2M |
|
769
Sterling Infrastructure
STRL
$18.8B
| $19.8M | 0.02% |
2,087,600
-20,900
| -1% | -$266K |
|
770
World Kinect Corp
WKC
$2B
| $19.8M | 0.02% |
787,373
-115,800
| -13% | -$3.95M |
|
771
Datadog
DDOG
$97.4B
| $19.7M | 0.02% |
+547,700
| New | +$22.6M |
|
772
Ituran Location and Control
ITRN
$1.1B
| $19.7M | 0.02% |
1,386,463
-43,637
| -3% | -$960K |
|
773
Tucows
TCX
$153M
| $19.7M | 0.02% |
408,251
-21,200
| -5% | -$1.19M |
|
774
Univest Financial
UVSP
$1.23B
| $19.7M | 0.02% |
1,207,069
+14,300
| +1% | +$327K |
|
775
Carriage Services
CSV
$645M
| $19.7M | 0.02% |
1,217,400
-65,700
| -5% | -$1.42M |
|
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.