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 | |
|---|---|---|---|---|---|---|
|
PARA
876
DELISTED
Paramount Global Class B
PARA
| $23.5M | 0.02% |
471,700
+114,500
| +32% | +$5.67M |
|
|
SPPI
877
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $23.5M | 0.02% |
2,726,317
+1,034,135
| +61% | +$9.25M |
|
878
Range Resources
RRC
$9.19B
| $23.5M | 0.02% |
+3,362,229
| New | +$29.2M |
|
879
Camden National
CAC
$971M
| $23.5M | 0.02% |
511,400
+23,451
| +5% | +$1.03M |
|
880
Methode Electronics
MEI
$507M
| $23.3M | 0.02% |
816,680
+24,880
| +3% | +$697K |
|
881
MongoDB
MDB
$25.7B
| $23.3M | 0.02% |
153,400
-491,700
| -76% | -$71.4M |
|
|
HUYA
882
Huya Inc
HUYA
$570M
| $23.3M | 0.02% |
+942,500
| New | +$21.7M |
|
|
CFMS
883
DELISTED
Conformis, Inc. Common Stock
CFMS
| $23.2M | 0.02% |
213,055
+42,610
| +25% | +$3.51M |
|
|
MODN
884
DELISTED
MODEL N, INC.
MODN
| $23.2M | 0.02% |
1,189,000
+121,700
| +11% | +$2.24M |
|
885
Enphase Energy
ENPH
$4.95B
| $23.2M | 0.02% |
1,270,628
+1,010,100
| +388% | +$13.9M |
|
886
Algonquin Power & Utilities
AQN
$4.71B
| $23.1M | 0.02% |
1,909,751
+259,751
| +16% | +$3.04M |
|
887
Independent Bank Corp
IBCP
$797M
| $23.1M | 0.02% |
1,060,500
-38,200
| -3% | -$827K |
|
888
ON Semiconductor
ON
$32.2B
| $23.1M | 0.02% |
1,142,796
+207,000
| +22% | +$4.28M |
|
889
Equitable Holdings
EQH
$13.3B
| $23M | 0.02% |
+1,099,400
| New | +$23.7M |
|
890
Tesla
TSLA
$1.2T
| $22.9M | 0.02% |
1,540,125
-5,463,255
| -78% | -$85M |
|
891
Lindblad Expeditions
LIND
$1.96B
| $22.9M | 0.02% |
1,276,479
+340,800
| +36% | +$5.6M |
|
|
IMOS
892
ChipMOS TECHNOLOGIES
IMOS
$1.62B
| $22.9M | 0.02% |
1,487,676
+25,009
| +2% | +$408K |
|
|
CHS
893
DELISTED
Chicos FAS, Inc.
CHS
| $22.9M | 0.02% |
6,785,100
+492,900
| +8% | +$1.79M |
|
894
Blackstone Mortgage Trust
BXMT
$2.8B
| $22.7M | 0.02% |
639,280
+83,000
| +15% | +$2.95M |
|
895
EPAM Systems
EPAM
$5.52B
| $22.7M | 0.02% |
+131,400
| New | +$22.6M |
|
896
Credit Acceptance
CACC
$5.94B
| $22.7M | 0.02% |
47,003
+45,315
| +2,685% | +$21.5M |
|
897
Amdocs
DOX
$6B
| $22.7M | 0.02% |
365,800
-419,300
| -53% | -$24.2M |
|
898
RadNet
RDNT
$4.9B
| $22.7M | 0.02% |
1,644,703
-203,300
| -11% | -$2.61M |
|
899
Extreme Networks
EXTR
$3.9B
| $22.7M | 0.02% |
3,503,673
+957,610
| +38% | +$6.33M |
|
900
Hawaiian Electric Industries
HE
$2.27B
| $22.7M | 0.02% |
520,500
-239,900
| -32% | -$10.1M |
|
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.