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
|
+$453M |
| 2 |
CELG
Celgene Corp
CELG
|
+$391M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$389M |
| 4 |
GE Aerospace
GE
|
+$378M |
| 5 |
Johnson & Johnson
JNJ
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$307M |
| 2 |
Costco
COST
|
+$279M |
| 3 |
Lowe's Companies
LOW
|
+$273M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Chevron
CVX
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.11% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CORE
1076
DELISTED
Core Mark Holding Co., Inc.
CORE
| $16.7M | 0.01% |
420,402
+149,402
| +55% | +$5.62M |
|
|
UFS
1077
DELISTED
DOMTAR CORPORATION (New)
UFS
| $16.7M | 0.01% |
374,942
+26,800
| +8% | +$1.22M |
|
|
UNVR
1078
DELISTED
Univar Solutions Inc.
UNVR
| $16.7M | 0.01% |
756,702
+625,169
| +475% | +$13.7M |
|
1079
CBIZ
CBZ
$2.95B
| $16.6M | 0.01% |
848,226
+8,800
| +1% | +$176K |
|
1080
PTC Therapeutics
PTCT
$6.18B
| $16.6M | 0.01% |
369,060
-538,240
| -59% | -$21.3M |
|
1081
Landstar System
LSTR
$6.03B
| $16.5M | 0.01% |
152,840
+140,400
| +1,129% | +$15M |
|
|
CPL
1082
DELISTED
CPFL Energia S.A.
CPL
| $16.5M | 0.01% |
1,056,311
+21,125
| +2% | +$316K |
|
|
CNR
1083
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $16.5M | 0.01% |
2,824,600
+20,880
| +0.7% | +$116K |
|
|
DSPG
1084
DELISTED
DSP Group Inc
DSPG
| $16.4M | 0.01% |
1,143,494
+41,200
| +4% | +$594K |
|
1085
AGNC Investment
AGNC
$12.7B
| $16.4M | 0.01% |
975,629
-5,404,000
| -85% | -$93.9M |
|
1086
Quanex
NX
$825M
| $16.4M | 0.01% |
868,200
+75,600
| +10% | +$1.27M |
|
|
CO
1087
DELISTED
Global Cord Blood Corporation
CO
| $16.3M | 0.01% |
2,826,896
+29,396
| +1% | +$194K |
|
1088
Camtek
CAMT
$5.92B
| $16.3M | 0.01% |
1,933,465
+105,365
| +6% | +$972K |
|
1089
OR Royalties Inc
OR
$5.53B
| $16.3M | 0.01% |
1,564,085
+268,985
| +21% | +$2.86M |
|
1090
TriMas Corp
TRS
$1.41B
| $16.2M | 0.01% |
523,900
+71,400
| +16% | +$2.19M |
|
1091
Village Super Market
VLGEA
$657M
| $16.2M | 0.01% |
611,900
+36,700
| +6% | +$995K |
|
1092
Boot Barn
BOOT
$4.58B
| $16.2M | 0.01% |
454,200
+425,100
| +1,461% | +$12.8M |
|
|
CNR
1093
Core Natural Resources Inc
CNR
$3.93B
| $16.2M | 0.01% |
608,200
+189,600
| +45% | +$5.67M |
|
|
CMA
1094
DELISTED
Comerica
CMA
| $16.1M | 0.01% |
222,042
+173,895
| +361% | +$12.9M |
|
1095
Ciena
CIEN
$46.8B
| $16M | 0.01% |
390,074
-1,208,200
| -76% | -$46.5M |
|
1096
Titan International
TWI
$492M
| $16M | 0.01% |
3,280,300
+109,100
| +3% | +$594K |
|
1097
NewMarket
NEU
$7.24B
| $16M | 0.01% |
40,000
+13,200
| +49% | +$5.46M |
|
1098
Western New England Bancorp
WNEB
$260M
| $16M | 0.01% |
1,713,327
+28,118
| +2% | +$265K |
|
1099
Bankunited
BKU
$3.33B
| $16M | 0.01% |
473,900
-226,300
| -32% | -$7.8M |
|
1100
ICICI Bank
IBN
$107B
| $16M | 0.01% |
+1,269,950
| New | +$14.7M |
|
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Renaissance Technologies's Q2 2019 Portfolio in Review
As of Q2 2019, Renaissance Technologies held 3,913 positions worth $114B, up 3.3% from $110B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies's Q2 2019 filing shows 495 new, 1,847 increased, 1,145 reduced and 397 closed positions. Its largest new stake was Apple: 9,290,160 shares worth $460M. The largest sale was UnitedHealth, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q2 2019 buy was Apple: 9,290,160 shares worth $460M.
- Renaissance Technologies added most to Celgene Corp in Q2 2019, an estimated $391M increase.
- Renaissance Technologies's biggest Q2 2019 reduction was Microsoft, cutting an estimated $230M.
- Renaissance Technologies fully exited UnitedHealth in Q2 2019, selling an estimated $307M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $114B portfolio in Q2 2019.
- Renaissance Technologies opened 495 new positions and closed 397 in Q2 2019.
- Renaissance Technologies's portfolio value rose 3.3% quarter-over-quarter to $114B.
Based on Renaissance Technologies's 13F filing for Q2 2019, filed 12 Aug 2019.