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
|
+$535M |
| 2 |
Meta Platforms (Facebook)
META
|
+$388M |
| 3 |
SLB Ltd
SLB
|
+$348M |
| 4 |
Visa
V
|
+$230M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Danaher
DHR
|
+$350M |
| 2 |
Chevron
CVX
|
+$349M |
| 3 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$337M |
| 4 |
Dell
DELL
|
+$332M |
| 5 |
SODA
SodaStream International Ltd
SODA
|
+$251M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.48% |
| 2 | Technology | 13.21% |
| 3 | Financials | 10.74% |
| 4 | Real Estate | 9.97% |
| 5 | Utilities | 9.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
RadNet
RDNT
$5B
| $18.8M | 0.02% |
1,844,103
-330,913
| -15% | -$4.49M |
|
|
BBT
927
Beacon Financial Corp
BBT
$2.63B
| $18.8M | 0.02% |
695,281
-59,619
| -8% | -$2M |
|
928
First Interstate BancSystem
FIBK
$3.7B
| $18.7M | 0.02% |
512,583
+112,064
| +28% | +$4.66M |
|
|
STAY
929
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $18.7M | 0.02% |
1,208,900
-296,000
| -20% | -$5.21M |
|
930
Procter & Gamble
PG
$335B
| $18.7M | 0.02% |
+203,329
| New | +$18.2M |
|
931
Natera
NTRA
$38.1B
| $18.6M | 0.02% |
1,335,604
-192,796
| -13% | -$3.52M |
|
932
Hanmi Financial
HAFC
$943M
| $18.6M | 0.02% |
945,857
-30,300
| -3% | -$646K |
|
|
PDCO
933
DELISTED
Patterson Companies, Inc.
PDCO
| $18.6M | 0.02% |
946,504
-656,400
| -41% | -$15.3M |
|
|
UCFC
934
DELISTED
United Community Financial Corp
UCFC
| $18.5M | 0.02% |
2,092,104
-132,100
| -6% | -$1.21M |
|
935
Four Corners Property Trust
FCPT
$2.77B
| $18.5M | 0.02% |
706,500
+45,200
| +7% | +$1.2M |
|
|
JOYY
936
JOYY Inc
JOYY
$3.69B
| $18.5M | 0.02% |
+309,092
| New | +$20.1M |
|
937
Photronics
PLAB
$1.8B
| $18.5M | 0.02% |
1,906,800
-19,100
| -1% | -$184K |
|
938
Match Group
MTCH
$9.14B
| $18.4M | 0.02% |
430,600
-415,800
| -49% | -$19.1M |
|
|
PSB
939
DELISTED
PS Business Parks, Inc.
PSB
| $18.4M | 0.02% |
140,300
+3,400
| +2% | +$451K |
|
940
Amdocs
DOX
$5.84B
| $18.4M | 0.02% |
313,600
+65,400
| +26% | +$4.1M |
|
941
Descartes Systems
DSGX
$6.43B
| $18.3M | 0.02% |
693,200
+130,300
| +23% | +$3.81M |
|
942
Trip.com Group
TCOM
$29.5B
| $18.3M | 0.02% |
+676,600
| New | +$20.6M |
|
943
Federal Realty Investment Trust
FRT
$10.8B
| $18.3M | 0.02% |
155,000
+42,200
| +37% | +$5.3M |
|
944
CNO Financial Group
CNO
$5.21B
| $18.2M | 0.02% |
1,224,100
+670,793
| +121% | +$12.2M |
|
|
CRC
945
DELISTED
California Resources Corporation
CRC
| $18.2M | 0.02% |
+1,068,814
| New | +$30.4M |
|
946
AptarGroup
ATR
$8.55B
| $18.2M | 0.02% |
193,140
-11,160
| -5% | -$1.14M |
|
|
EFOR
947
Everforth Inc
EFOR
$1.12B
| $18.1M | 0.02% |
332,094
+252,900
| +319% | +$16.5M |
|
948
Turning Point Brands
TPB
$1.46B
| $18.1M | 0.02% |
664,243
+141,941
| +27% | +$4.99M |
|
949
US Bancorp
USB
$98.1B
| $18.1M | 0.02% |
+395,500
| New | +$20.4M |
|
950
NRC Health Common Stock
NRC
$434M
| $18M | 0.02% |
472,600
-8,500
| -2% | -$327K |
|
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Renaissance Technologies's Q4 2018 Portfolio in Review
As of Q4 2018, Renaissance Technologies held 3,847 positions worth $91.3B, down 6.1% from $97.3B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies deployed $8.84B of net new capital in Q4 2018, opening 522 new positions and adding to 1,588 existing holdings. Its largest new stake was Apple: 11,041,936 shares worth $435M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 18% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Dell, an estimated $332M trimmed.
- Renaissance Technologies's largest Q4 2018 buy was Apple: 11,041,936 shares worth $435M.
- Renaissance Technologies added most to Meta Platforms (Facebook) in Q4 2018, an estimated $388M increase.
- Renaissance Technologies's biggest Q4 2018 reduction was Dell, cutting an estimated $332M.
- Renaissance Technologies fully exited Danaher in Q4 2018, selling an estimated $350M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $91.3B portfolio in Q4 2018.
- Renaissance Technologies opened 522 new positions and closed 504 in Q4 2018.
- Renaissance Technologies's portfolio value fell 6.1% quarter-over-quarter to $91.3B.
Based on Renaissance Technologies's 13F filing for Q4 2018, filed 13 Feb 2019.