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 | |
|---|---|---|---|---|---|---|
|
FSP
1026
Franklin Street Properties
FSP
$47.2M
| $15.9M | 0.02% |
2,554,000
+209,300
| +9% | +$1.54M |
|
|
PRGX
1027
DELISTED
PRGX Global, Inc.
PRGX
| $15.9M | 0.02% |
1,679,700
-93,200
| -5% | -$829K |
|
1028
United States Lime & Minerals
USLM
$3.16B
| $15.9M | 0.02% |
1,118,800
-6,975
| -0.6% | -$104K |
|
|
PBPB
1029
DELISTED
Potbelly
PBPB
| $15.9M | 0.02% |
1,970,700
-190,900
| -9% | -$2.05M |
|
1030
Zions Bancorporation
ZION
$10.2B
| $15.9M | 0.02% |
+389,095
| New | +$18.1M |
|
1031
Lantheus
LNTH
$6.49B
| $15.8M | 0.02% |
1,007,800
-31,100
| -3% | -$476K |
|
|
FLG
1032
Flagstar Bank National Association
FLG
$5.93B
| $15.7M | 0.02% |
557,242
+384,000
| +222% | +$11.2M |
|
|
BEAT
1033
DELISTED
BioTelemetry, Inc.
BEAT
| $15.7M | 0.02% |
+263,420
| New | +$15.8M |
|
1034
RCI Hospitality Holdings
RICK
$192M
| $15.7M | 0.02% |
703,700
+38,600
| +6% | +$969K |
|
|
CARO
1035
DELISTED
Carolina Financial Corp.
CARO
| $15.7M | 0.02% |
530,273
+10,557
| +2% | +$351K |
|
1036
Zebra Technologies
ZBRA
$14B
| $15.6M | 0.02% |
98,231
-206,135
| -68% | -$34.3M |
|
1037
MDU Resources
MDU
$4.17B
| $15.6M | 0.02% |
1,724,547
+201,712
| +13% | +$1.97M |
|
1038
Telefônica Brasil
VIV
$20.6B
| $15.6M | 0.02% |
1,310,353
-131,300
| -9% | -$1.49M |
|
|
BAND
1039
Bandwidth Inc
BAND
$1.26B
| $15.6M | 0.02% |
383,600
+69,366
| +22% | +$3.26M |
|
|
PAMT
1040
PAMT Corp
PAMT
$337M
| $15.6M | 0.02% |
1,584,296
-41,704
| -3% | -$549K |
|
1041
Ooma
OOMA
$598M
| $15.6M | 0.02% |
1,122,003
+10,700
| +1% | +$156K |
|
1042
NiSource
NI
$21.3B
| $15.5M | 0.02% |
611,275
-320,725
| -34% | -$8.27M |
|
1043
ON Semiconductor
ON
$31.8B
| $15.5M | 0.02% |
936,758
+160,162
| +21% | +$2.77M |
|
1044
Cousins Properties
CUZ
$5.19B
| $15.5M | 0.02% |
489,368
+213,900
| +78% | +$7.14M |
|
1045
Luxfer Holdings
LXFR
$456M
| $15.5M | 0.02% |
876,800
+6,800
| +0.8% | +$154K |
|
1046
Expeditors International
EXPD
$22B
| $15.5M | 0.02% |
+226,916
| New | +$15.9M |
|
1047
Littelfuse
LFUS
$11.2B
| $15.4M | 0.02% |
90,034
+2,100
| +2% | +$375K |
|
|
SFIX
1048
Stitch Fix
SFIX
$536M
| $15.4M | 0.02% |
901,400
-240,300
| -21% | -$5.95M |
|
1049
Federal Agricultural Mortgage
AGM
$2.47B
| $15.4M | 0.02% |
254,700
-15,500
| -6% | -$1.03M |
|
|
CYOU
1050
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $15.4M | 0.02% |
841,515
-83,600
| -9% | -$1.38M |
|
Similar funds
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.