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 |
CELG
Celgene Corp
CELG
|
+$628M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$567M |
| 3 |
Biogen
BIIB
|
+$405M |
| 4 |
UnitedHealth
UNH
|
+$392M |
| 5 |
Walmart Inc
WMT
|
+$301M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$451M |
| 2 |
PepsiCo
PEP
|
+$382M |
| 3 |
Philip Morris
PM
|
+$256M |
| 4 |
Roku
ROKU
|
+$252M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.91% |
| 2 | Technology | 12.35% |
| 3 | Consumer Discretionary | 10.31% |
| 4 | Financials | 9.99% |
| 5 | Consumer Staples | 8.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Expeditors International
EXPD
$22B
| $16.4M | 0.01% |
220,716
+84,100
| +62% | +$6.16M |
|
1077
Comtech Telecommunications
CMTL
$50.3M
| $16.4M | 0.01% |
504,450
+119,200
| +31% | +$3.4M |
|
1078
OR Royalties Inc
OR
$5.58B
| $16.4M | 0.01% |
1,759,700
+195,615
| +13% | +$2.3M |
|
1079
Park Hotels & Resorts
PK
$3.03B
| $16.3M | 0.01% |
653,214
-772,186
| -54% | -$19.6M |
|
|
LFC
1080
DELISTED
China Life Insurance Company Ltd.
LFC
| $16.3M | 0.01% |
1,412,918
+200,083
| +16% | +$2.44M |
|
|
ELP
1081
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $16.2M | 0.01% |
3,381,000
+1,264,500
| +60% | +$6.39M |
|
1082
RPC Inc
RES
$1.24B
| $16.2M | 0.01% |
2,889,703
+1,751,903
| +154% | +$10.4M |
|
1083
Rockwell Automation
ROK
$53.4B
| $16.1M | 0.01% |
98,000
-181,300
| -65% | -$28.6M |
|
|
FLIC
1084
DELISTED
First of Long Island Corp
FLIC
| $16.1M | 0.01% |
707,981
+6,300
| +0.9% | +$139K |
|
1085
Radian Group
RDN
$5.18B
| $16.1M | 0.01% |
704,500
+112,300
| +19% | +$2.59M |
|
1086
Benchmark Electronics
BHE
$2.87B
| $16.1M | 0.01% |
553,300
+68,650
| +14% | +$1.83M |
|
1087
Buckle
BKE
$2.25B
| $16M | 0.01% |
777,850
+628,700
| +422% | +$12.1M |
|
1088
Mercer International
MERC
$42.3M
| $15.9M | 0.01% |
1,271,141
-442,900
| -26% | -$5.59M |
|
1089
Wintrust Financial
WTFC
$10.8B
| $15.9M | 0.01% |
246,000
+160,600
| +188% | +$10.6M |
|
1090
SiriusPoint
SPNT
$2.75B
| $15.9M | 0.01% |
1,591,026
+463,859
| +41% | +$4.65M |
|
1091
Grupo Cibest SA
CIB
$22B
| $15.9M | 0.01% |
321,400
-102,100
| -24% | -$5.15M |
|
1092
Great Southern Bancorp
GSBC
$874M
| $15.9M | 0.01% |
278,700
-4,700
| -2% | -$271K |
|
|
LPT
1093
DELISTED
Liberty Property Trust
LPT
| $15.9M | 0.01% |
308,800
-52,200
| -14% | -$2.69M |
|
1094
Fossil Group
FOSL
$293M
| $15.8M | 0.01% |
1,266,650
-643,800
| -34% | -$7.28M |
|
1095
Telefônica Brasil
VIV
$20.6B
| $15.8M | 0.01% |
1,203,200
+992,616
| +471% | +$13.2M |
|
|
LBAI
1096
DELISTED
Lakeland Bancorp Inc
LBAI
| $15.8M | 0.01% |
1,026,300
+144,700
| +16% | +$2.25M |
|
1097
A10 Networks
ATEN
$2.13B
| $15.8M | 0.01% |
2,272,400
+53,700
| +2% | +$386K |
|
1098
IMAX
IMAX
$2.62B
| $15.7M | 0.01% |
717,500
-118,100
| -14% | -$2.51M |
|
|
SMAR
1099
DELISTED
Smartsheet Inc.
SMAR
| $15.7M | 0.01% |
437,000
-188,900
| -30% | -$9M |
|
1100
Caterpillar
CAT
$375B
| $15.7M | 0.01% |
124,604
-1,157,700
| -90% | -$147M |
|
Similar funds
Renaissance Technologies's Q3 2019 Portfolio in Review
As of Q3 2019, Renaissance Technologies held 3,920 positions worth $118B, up 4% from $114B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $5.29B of net new capital in Q3 2019, opening 406 new positions and adding to 1,848 existing holdings. Its largest new stake was UnitedHealth: 1,624,826 shares worth $353M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $451M trimmed.
- Renaissance Technologies's largest Q3 2019 buy was UnitedHealth: 1,624,826 shares worth $353M.
- Renaissance Technologies added most to Celgene Corp in Q3 2019, an estimated $628M increase.
- Renaissance Technologies's biggest Q3 2019 reduction was Apple, cutting an estimated $451M.
- Renaissance Technologies fully exited Red Hat Inc in Q3 2019, selling an estimated $248M.
- Renaissance Technologies's ten largest holdings make up 11% of its $118B portfolio in Q3 2019.
- Renaissance Technologies opened 406 new positions and closed 522 in Q3 2019.
- Renaissance Technologies's portfolio value rose 4% quarter-over-quarter to $118B.
Based on Renaissance Technologies's 13F filing for Q3 2019, filed 13 Nov 2019.