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 | |
|---|---|---|---|---|---|---|
1151
1st Source
SRCE
$2.17B
| $14.8M | 0.01% |
319,214
+33,500
| +12% | +$1.54M |
|
|
CTRL
1152
DELISTED
Control4 Corporation
CTRL
| $14.7M | 0.01% |
619,900
+7,200
| +1% | +$151K |
|
|
WMGI
1153
DELISTED
Wright Medical Group Inc
WMGI
| $14.7M | 0.01% |
493,207
-462,700
| -48% | -$14.1M |
|
1154
LiveRamp
RAMP
$2.29B
| $14.6M | 0.01% |
+302,078
| New | +$16.4M |
|
1155
Golar LNG
GLNG
$4.82B
| $14.6M | 0.01% |
791,492
-648,800
| -45% | -$12.3M |
|
1156
LifeVantage
LFVN
$80.1M
| $14.6M | 0.01% |
1,123,748
+18,343
| +2% | +$218K |
|
1157
BHP
BHP
$211B
| $14.6M | 0.01% |
+281,147
| New | +$13.6M |
|
|
HPR
1158
DELISTED
HighPoint Resources Corporation
HPR
| $14.6M | 0.01% |
160,028
-1,778
| -1% | -$198K |
|
1159
BOK Financial
BOKF
$8.58B
| $14.5M | 0.01% |
191,679
+19,800
| +12% | +$1.61M |
|
1160
BancFirst
BANF
$3.81B
| $14.5M | 0.01% |
259,888
-33,600
| -11% | -$1.86M |
|
|
TEN
1161
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $14.5M | 0.01% |
1,303,600
+1,079,777
| +482% | +$17.6M |
|
1162
Avient
AVNT
$3.29B
| $14.4M | 0.01% |
460,158
+262,700
| +133% | +$7.36M |
|
1163
Bank of America
BAC
$429B
| $14.4M | 0.01% |
+498,066
| New | +$14.4M |
|
|
GLDD
1164
DELISTED
Great Lakes Dredge & Dock
GLDD
| $14.4M | 0.01% |
1,302,200
+629,700
| +94% | +$6.5M |
|
1165
Groupon
GRPN
$1.03B
| $14.3M | 0.01% |
+200,280
| New | +$14.1M |
|
1166
TC Energy
TRP
$70.1B
| $14.3M | 0.01% |
289,400
+284,500
| +5,806% | +$13.6M |
|
1167
Old Second Bancorp
OSBC
$1.29B
| $14.3M | 0.01% |
1,120,425
+18,500
| +2% | +$238K |
|
|
ZNH
1168
DELISTED
China Southern Airlines Company Limited
ZNH
| $14.3M | 0.01% |
417,000
+4,900
| +1% | +$188K |
|
1169
Ashland
ASH
$3.34B
| $14.3M | 0.01% |
178,775
-331,300
| -65% | -$25.6M |
|
|
BFIN
1170
DELISTED
BankFinancial
BFIN
| $14.3M | 0.01% |
1,021,800
+39,200
| +4% | +$569K |
|
1171
Liquidity Services
LQDT
$1.2B
| $14.3M | 0.01% |
2,344,854
+42,515
| +2% | +$271K |
|
1172
Artesian Resources
ARTNA
$360M
| $14.2M | 0.01% |
383,300
+10,600
| +3% | +$385K |
|
|
LBAI
1173
DELISTED
Lakeland Bancorp Inc
LBAI
| $14.2M | 0.01% |
881,600
+54,200
| +7% | +$862K |
|
|
EMCI
1174
DELISTED
EMC INS Group Inc
EMCI
| $14.2M | 0.01% |
394,865
+41,892
| +12% | +$1.44M |
|
1175
Itron
ITRI
$4.54B
| $14.2M | 0.01% |
226,861
+31,861
| +16% | +$1.77M |
|
Similar funds
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.