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 |
CELG
Celgene Corp
CELG
|
+$628M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$567M |
| 3 |
Biogen
BIIB
|
+$405M |
| 4 |
UnitedHealth
UNH
|
+$392M |
| 5 |
Walmart Inc
WMT
|
+$301M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$451M |
| 2 |
PepsiCo
PEP
|
+$382M |
| 3 |
Philip Morris
PM
|
+$256M |
| 4 |
Roku
ROKU
|
+$252M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.91% |
| 2 | Technology | 12.35% |
| 3 | Consumer Discretionary | 10.31% |
| 4 | Financials | 9.99% |
| 5 | Consumer Staples | 8.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Stratasys
SSYS
$688M
| $21.2M | 0.02% |
995,132
-192,300
| -16% | -$4.85M |
|
927
Korn Ferry
KFY
$4.16B
| $21.2M | 0.02% |
548,500
+328,000
| +149% | +$12.7M |
|
928
Camden National
CAC
$981M
| $21.2M | 0.02% |
488,800
-22,600
| -4% | -$981K |
|
|
GLDD
929
DELISTED
Great Lakes Dredge & Dock
GLDD
| $21.2M | 0.02% |
2,025,301
+723,101
| +56% | +$7.64M |
|
|
AHT
930
Ashford Hospitality Trust
AHT
$20.8M
| $21M | 0.02% |
6,435
-660
| -9% | -$1.84M |
|
|
ETFC
931
DELISTED
E*Trade Financial Corporation
ETFC
| $21M | 0.02% |
481,040
-179,500
| -27% | -$7.95M |
|
|
WRI
932
DELISTED
Weingarten Realty Investors
WRI
| $21M | 0.02% |
720,523
+430,123
| +148% | +$11.9M |
|
|
KRA
933
DELISTED
Kraton Corporation
KRA
| $21M | 0.02% |
649,900
-62,400
| -9% | -$1.87M |
|
|
CLCT
934
DELISTED
Collectors Universe
CLCT
| $21M | 0.02% |
735,938
+13,900
| +2% | +$338K |
|
|
WRK
935
DELISTED
WestRock Company
WRK
| $20.9M | 0.02% |
+573,662
| New | +$20.5M |
|
936
QCR Holdings
QCRH
$1.68B
| $20.9M | 0.02% |
549,500
+9,600
| +2% | +$347K |
|
|
AQUA
937
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $20.8M | 0.02% |
1,224,920
+613,020
| +100% | +$9.21M |
|
938
GoPro
GPRO
$122M
| $20.8M | 0.02% |
4,006,300
-1,787,200
| -31% | -$8.39M |
|
939
Federal Agricultural Mortgage
AGM
$2.46B
| $20.8M | 0.02% |
254,100
-7,700
| -3% | -$605K |
|
|
CJ
940
DELISTED
C&J Energy Services, Inc.
CJ
| $20.7M | 0.02% |
1,932,600
+175,400
| +10% | +$1.82M |
|
941
Smith & Wesson
SWBI
$652M
| $20.7M | 0.02% |
4,611,395
-179,407
| -4% | -$1.08M |
|
|
IMGN
942
DELISTED
Immunogen Inc
IMGN
| $20.6M | 0.02% |
8,523,039
+1,600,399
| +23% | +$4.25M |
|
|
SVM
943
Silvercorp Metals
SVM
$2.07B
| $20.6M | 0.02% |
5,299,209
+1,629,699
| +44% | +$5.83M |
|
|
MFA
944
MFA Financial
MFA
$913M
| $20.6M | 0.02% |
699,849
-359,726
| -34% | -$10.5M |
|
945
Star Bulk Carriers
SBLK
$3.2B
| $20.6M | 0.02% |
2,045,534
+52,108
| +3% | +$531K |
|
946
UFP Technologies
UFPT
$1.95B
| $20.5M | 0.02% |
532,256
+4,000
| +0.8% | +$164K |
|
947
Coeur Mining
CDE
$15.5B
| $20.5M | 0.02% |
4,266,628
+782,200
| +22% | +$3.88M |
|
|
ATCO
948
DELISTED
Atlas Corp.
ATCO
| $20.5M | 0.02% |
1,926,100
+397,500
| +26% | +$4.14M |
|
949
Guardant Health
GH
$21.6B
| $20.5M | 0.02% |
+320,600
| New | +$28.2M |
|
950
Republic Services
RSG
$64.8B
| $20.3M | 0.02% |
+234,361
| New | +$20.6M |
|
Similar funds
Renaissance Technologies's Q3 2019 Portfolio in Review
As of Q3 2019, Renaissance Technologies held 3,920 positions worth $118B, up 4% from $114B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $5.29B of net new capital in Q3 2019, opening 406 new positions and adding to 1,848 existing holdings. Its largest new stake was UnitedHealth: 1,624,826 shares worth $353M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $451M trimmed.
- Renaissance Technologies's largest Q3 2019 buy was UnitedHealth: 1,624,826 shares worth $353M.
- Renaissance Technologies added most to Celgene Corp in Q3 2019, an estimated $628M increase.
- Renaissance Technologies's biggest Q3 2019 reduction was Apple, cutting an estimated $451M.
- Renaissance Technologies fully exited Red Hat Inc in Q3 2019, selling an estimated $248M.
- Renaissance Technologies's ten largest holdings make up 11% of its $118B portfolio in Q3 2019.
- Renaissance Technologies opened 406 new positions and closed 522 in Q3 2019.
- Renaissance Technologies's portfolio value rose 4% quarter-over-quarter to $118B.
Based on Renaissance Technologies's 13F filing for Q3 2019, filed 13 Nov 2019.