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 | |
|---|---|---|---|---|---|---|
1051
Nomad Foods
NOMD
$1.66B
| $12.1M | 0.01% |
+651,900
| New | +$12.7M |
|
1052
Upwork
UPWK
$1.2B
| $12.1M | 0.01% |
1,875,638
+1,672,821
| +825% | +$14.4M |
|
1053
Encompass Health
EHC
$11B
| $12.1M | 0.01% |
+237,447
| New | +$13.7M |
|
1054
Heartland Express
HTLD
$990M
| $12.1M | 0.01% |
651,327
+4,794
| +0.7% | +$91.1K |
|
1055
CubeSmart
CUBE
$9.48B
| $12M | 0.01% |
448,711
+300,111
| +202% | +$9.01M |
|
|
GOL
1056
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $12M | 0.01% |
2,814,620
-482,700
| -15% | -$6.13M |
|
1057
DigitalBridge
DBRG
$2.93B
| $12M | 0.01% |
1,714,881
-21,947
| -1% | -$348K |
|
1058
Federated Hermes
FHI
$4.85B
| $12M | 0.01% |
+629,300
| New | +$18.7M |
|
1059
Hudbay
HBM
$11B
| $12M | 0.01% |
6,299,929
+354,120
| +6% | +$979K |
|
1060
Willis Lease Finance
WLFC
$1.69B
| $11.9M | 0.01% |
1,346,961
-42,735
| -3% | -$707K |
|
1061
LifeVantage
LFVN
$86.2M
| $11.9M | 0.01% |
1,157,405
+8,500
| +0.7% | +$116K |
|
1062
Labcorp
LH
$25.3B
| $11.9M | 0.01% |
109,653
-135,840
| -55% | -$19.6M |
|
1063
Universal Technical Institute
UTI
$2.33B
| $11.9M | 0.01% |
1,998,540
+330,344
| +20% | +$2.34M |
|
|
AMAG
1064
DELISTED
AMAG Pharmaceuticals
AMAG
| $11.9M | 0.01% |
1,920,200
-110,000
| -5% | -$969K |
|
1065
Western New England Bancorp
WNEB
$272M
| $11.8M | 0.01% |
1,752,989
-15,100
| -0.9% | -$128K |
|
|
LGF.A
1066
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $11.8M | 0.01% |
1,943,778
+273,328
| +16% | +$2.44M |
|
1067
JB Hunt Transport Services
JBHT
$25.8B
| $11.8M | 0.01% |
128,044
-302,600
| -70% | -$31.5M |
|
|
CHS
1068
DELISTED
Chicos FAS, Inc.
CHS
| $11.8M | 0.01% |
9,150,692
+225,692
| +3% | +$777K |
|
1069
Endava
DAVA
$163M
| $11.8M | 0.01% |
335,575
+117,512
| +54% | +$5.34M |
|
1070
VanEck Gold Miners ETF
GDX
$23.8B
| $11.8M | 0.01% |
511,600
-724,200
| -59% | -$19.8M |
|
|
RAVN
1071
DELISTED
Raven Industries Inc
RAVN
| $11.8M | 0.01% |
554,900
+138,800
| +33% | +$4.07M |
|
1072
World Acceptance Corp
WRLD
$902M
| $11.8M | 0.01% |
215,300
-38,500
| -15% | -$2.98M |
|
1073
Argan
AGX
$8.66B
| $11.7M | 0.01% |
337,899
-99,000
| -23% | -$4.11M |
|
1074
Arrow Financial
AROW
$674M
| $11.7M | 0.01% |
471,314
+21,932
| +5% | +$643K |
|
|
PAMT
1075
PAMT Corp
PAMT
$368M
| $11.6M | 0.01% |
1,512,696
-27,600
| -2% | -$310K |
|
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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.