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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$327M |
| 2 |
Chipotle Mexican Grill
CMG
|
+$271M |
| 3 |
Chevron
CVX
|
+$264M |
| 4 |
JPMorgan Chase
JPM
|
+$233M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$707M |
| 2 |
Johnson & Johnson
JNJ
|
+$396M |
| 3 |
Amazon
AMZN
|
+$312M |
| 4 |
Walmart Inc
WMT
|
+$285M |
| 5 |
Intuitive Surgical
ISRG
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.73% |
| 2 | Technology | 14.98% |
| 3 | Financials | 10.9% |
| 4 | Consumer Discretionary | 8.96% |
| 5 | Real Estate | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TYPE
1026
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $17.2M | 0.02% |
851,472
+298,263
| +54% | +$6.16M |
|
|
CAMP
1027
DELISTED
CalAmp Corp.
CAMP
| $17.2M | 0.02% |
31,200
+12,361
| +66% | +$6.6M |
|
1028
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $17.2M | 0.02% |
+158,767
| New | +$17.1M |
|
1029
Boston Beer
SAM
$1.95B
| $17.2M | 0.02% |
+59,659
| New | +$17.9M |
|
|
OMN
1030
DELISTED
OMNOVA Solutions Inc.
OMN
| $17.1M | 0.02% |
1,737,546
-136,729
| -7% | -$1.31M |
|
1031
Preferred Bank
PFBC
$1.24B
| $17.1M | 0.02% |
292,055
-72,200
| -20% | -$4.52M |
|
1032
Gran Tierra Energy
GTE
$236M
| $17M | 0.02% |
446,300
+57,177
| +15% | +$1.94M |
|
1033
iRhythm Holdings
IRTC
$4.02B
| $17M | 0.02% |
180,100
-45,200
| -20% | -$3.94M |
|
1034
D.R. Horton
DHI
$41.2B
| $17M | 0.02% |
403,138
+243,100
| +152% | +$10.5M |
|
1035
Four Corners Property Trust
FCPT
$2.89B
| $17M | 0.02% |
661,300
+438,400
| +197% | +$11.3M |
|
1036
DHT Holdings
DHT
$2.99B
| $16.9M | 0.02% |
3,605,900
+571,500
| +19% | +$2.58M |
|
1037
Tandem Diabetes Care
TNDM
$1.27B
| $16.9M | 0.02% |
395,594
+189,230
| +92% | +$6.61M |
|
1038
Artisan Partners
APAM
$2.86B
| $16.9M | 0.02% |
522,800
-3,200
| -0.6% | -$104K |
|
1039
Kimco Realty
KIM
$17.5B
| $16.9M | 0.02% |
1,011,200
+921,400
| +1,026% | +$15.5M |
|
1040
Marcus Corp
MCS
$767M
| $16.9M | 0.02% |
401,580
+101,280
| +34% | +$3.84M |
|
1041
HSBC
HSBC
$352B
| $16.9M | 0.02% |
402,559
+64,727
| +19% | +$2.81M |
|
1042
Targa Resources
TRGP
$56.8B
| $16.9M | 0.02% |
+299,486
| New | +$16M |
|
|
BAND
1043
Bandwidth Inc
BAND
$1.19B
| $16.8M | 0.02% |
+314,234
| New | +$13.8M |
|
|
IO
1044
DELISTED
ION Geophysical Corporation
IO
| $16.8M | 0.02% |
1,080,082
-38,900
| -3% | -$759K |
|
1045
QuinStreet
QNST
$927M
| $16.8M | 0.02% |
1,235,100
-259,300
| -17% | -$3.67M |
|
1046
Fortuna Silver Mines
FSM
$2.54B
| $16.7M | 0.02% |
3,810,700
+1,362,100
| +56% | +$6.68M |
|
1047
DMC Global
BOOM
$111M
| $16.6M | 0.02% |
407,968
+99,868
| +32% | +$4.26M |
|
|
SAIL
1048
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $16.6M | 0.02% |
+487,800
| New | +$14.2M |
|
1049
Peoples Bancorp
PEBO
$1.51B
| $16.6M | 0.02% |
473,279
+16,700
| +4% | +$614K |
|
1050
Central Pacific Financial
CPF
$1.02B
| $16.5M | 0.02% |
624,753
+80,100
| +15% | +$2.27M |
|
Similar funds
Renaissance Technologies's Q3 2018 Portfolio in Review
As of Q3 2018, Renaissance Technologies held 3,734 positions worth $97.3B, up 6% from $91.7B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Renaissance Technologies's Q3 2018 filing shows 508 new, 1,623 increased, 1,169 reduced and 410 closed positions. Its largest new stake was JPMorgan Chase: 2,054,913 shares worth $232M. The largest sale was Apple, an estimated $707M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q3 2018 buy was JPMorgan Chase: 2,054,913 shares worth $232M.
- Renaissance Technologies added most to Twenty-First Century Fox, Inc. Class A in Q3 2018, an estimated $327M increase.
- Renaissance Technologies's biggest Q3 2018 reduction was Johnson & Johnson, cutting an estimated $396M.
- Renaissance Technologies fully exited Apple in Q3 2018, selling an estimated $707M.
- Renaissance Technologies's ten largest holdings make up 9.7% of its $97.3B portfolio in Q3 2018.
- Renaissance Technologies opened 508 new positions and closed 410 in Q3 2018.
- Renaissance Technologies's portfolio value rose 6% quarter-over-quarter to $97.3B.
Based on Renaissance Technologies's 13F filing for Q3 2018, filed 13 Nov 2018.