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 | |
|---|---|---|---|---|---|---|
|
FLIC
951
DELISTED
First of Long Island Corp
FLIC
| $14.4M | 0.01% |
827,681
+47,400
| +6% | +$992K |
|
952
Intercontinental Exchange
ICE
$83.8B
| $14.3M | 0.01% |
177,700
-738,790
| -81% | -$66.9M |
|
953
Virgin Galactic
SPCE
$379M
| $14.3M | 0.01% |
+48,256
| New | +$18.3M |
|
954
Zions Bancorporation
ZION
$10.5B
| $14.3M | 0.01% |
532,795
+446,400
| +517% | +$18.4M |
|
|
DFS
955
DELISTED
Discover Financial Services
DFS
| $14.2M | 0.01% |
399,480
+201,780
| +102% | +$13.4M |
|
956
Evercore
EVR
$12.4B
| $14.2M | 0.01% |
307,700
+65,500
| +27% | +$4.39M |
|
|
BRFS
957
DELISTED
BRF SA
BRFS
| $14.2M | 0.01% |
4,881,999
+3,665,546
| +301% | +$23.1M |
|
958
Polaris
PII
$4.2B
| $14.1M | 0.01% |
292,711
-432,907
| -60% | -$35.5M |
|
959
JetBlue
JBLU
$2.42B
| $14M | 0.01% |
1,562,850
-6,153,754
| -80% | -$102M |
|
|
ROIC
960
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $14M | 0.01% |
1,683,800
-330,568
| -16% | -$4.91M |
|
|
DRNA
961
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $13.9M | 0.01% |
759,100
-233,300
| -24% | -$4.53M |
|
|
AY
962
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $13.9M | 0.01% |
625,155
+86,235
| +16% | +$2.33M |
|
963
Preferred Bank
PFBC
$1.27B
| $13.9M | 0.01% |
411,555
-17,300
| -4% | -$905K |
|
|
ACC
964
DELISTED
American Campus Communities, Inc.
ACC
| $13.9M | 0.01% |
500,212
+295,684
| +145% | +$12.4M |
|
965
Pebblebrook Hotel Trust
PEB
$2.15B
| $13.8M | 0.01% |
1,271,095
+623,500
| +96% | +$12.7M |
|
|
EMBJ
966
Embraer S.A. ADS
EMBJ
$12.5B
| $13.8M | 0.01% |
1,868,043
+260,070
| +16% | +$3.94M |
|
967
KRONOS Worldwide
KRO
$718M
| $13.8M | 0.01% |
1,635,000
+73,100
| +5% | +$768K |
|
968
Amkor Technology
AMKR
$13.9B
| $13.8M | 0.01% |
1,769,700
-625,000
| -26% | -$6.79M |
|
969
York Water
YORW
$502M
| $13.7M | 0.01% |
316,136
+12,700
| +4% | +$576K |
|
970
Brown-Forman Class A
BF.A
$13.2B
| $13.7M | 0.01% |
267,229
+11,629
| +5% | +$700K |
|
971
Enterprise Financial Services Corp
EFSC
$2.44B
| $13.7M | 0.01% |
490,400
-15,300
| -3% | -$615K |
|
|
PFNX
972
DELISTED
Pfenex Inc.
PFNX
| $13.7M | 0.01% |
1,549,905
-29,900
| -2% | -$329K |
|
973
Hexcel
HXL
$7.88B
| $13.7M | 0.01% |
367,400
+193,300
| +111% | +$12.5M |
|
974
Veeco
VECO
$3.28B
| $13.6M | 0.01% |
1,424,014
+114,410
| +9% | +$1.54M |
|
975
NOV
NOV
$7.13B
| $13.6M | 0.01% |
+1,384,310
| New | +$26.1M |
|
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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.