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 | |
|---|---|---|---|---|---|---|
1201
Cannae Holdings
CNNE
$639M
| $11.9M | 0.01% |
692,600
+323,100
| +87% | +$5.82M |
|
|
MODN
1202
DELISTED
MODEL N, INC.
MODN
| $11.8M | 0.01% |
895,100
-203,220
| -19% | -$2.93M |
|
1203
Ferrari
RACE
$69.2B
| $11.8M | 0.01% |
+119,153
| New | +$13.4M |
|
|
CXP
1204
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $11.8M | 0.01% |
611,200
+478,700
| +361% | +$10.3M |
|
|
SUM
1205
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $11.8M | 0.01% |
968,491
+926,871
| +2,227% | +$12.8M |
|
1206
Cheesecake Factory
CAKE
$5.04B
| $11.8M | 0.01% |
+270,645
| New | +$13.1M |
|
1207
Macerich
MAC
$7.33B
| $11.8M | 0.01% |
271,650
-217,269
| -44% | -$10.7M |
|
|
ADVM
1208
DELISTED
Adverum Biotechnologies
ADVM
| $11.7M | 0.01% |
371,777
+17,527
| +5% | +$713K |
|
1209
BancFirst
BANF
$3.79B
| $11.7M | 0.01% |
234,388
+20,414
| +10% | +$1.14M |
|
1210
AngioDynamics
ANGO
$611M
| $11.7M | 0.01% |
580,900
-25,500
| -4% | -$528K |
|
1211
EastGroup Properties
EGP
$11.2B
| $11.6M | 0.01% |
126,800
-2,500
| -2% | -$241K |
|
1212
NXP Semiconductors
NXPI
$57.8B
| $11.6M | 0.01% |
+158,660
| New | +$12.6M |
|
1213
Kadant
KAI
$3.63B
| $11.6M | 0.01% |
142,400
-32,816
| -19% | -$3.07M |
|
|
LSXMA
1214
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $11.6M | 0.01% |
435,034
-83,187
| -16% | -$2.4M |
|
|
FLIC
1215
DELISTED
First of Long Island Corp
FLIC
| $11.5M | 0.01% |
577,650
-28,907
| -5% | -$594K |
|
|
RVNC
1216
DELISTED
Revance Therapeutics, Inc.
RVNC
| $11.5M | 0.01% |
571,873
+395,419
| +224% | +$8.71M |
|
|
AE
1217
DELISTED
Adams Resources & Energy Inc
AE
| $11.5M | 0.01% |
297,400
-6,691
| -2% | -$268K |
|
|
BID
1218
DELISTED
Sotheby's
BID
| $11.5M | 0.01% |
+289,300
| New | +$11.8M |
|
|
EPAY
1219
DELISTED
Bottomline Technologies Inc
EPAY
| $11.5M | 0.01% |
239,142
+166,342
| +228% | +$9.62M |
|
|
ACIA
1220
DELISTED
Acacia Communications Inc
ACIA
| $11.4M | 0.01% |
+301,100
| New | +$12.2M |
|
1221
Invesco Mortgage Capital
IVR
$759M
| $11.4M | 0.01% |
78,960
+57,610
| +270% | +$8.71M |
|
|
HTBK
1222
DELISTED
Heritage Commerce
HTBK
| $11.4M | 0.01% |
1,007,100
+163,000
| +19% | +$2.26M |
|
|
HCCI
1223
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $11.4M | 0.01% |
496,350
-85,550
| -15% | -$2.01M |
|
1224
eGain
EGAN
$187M
| $11.4M | 0.01% |
1,737,600
-221,100
| -11% | -$1.61M |
|
1225
Supernus Pharmaceuticals
SUPN
$2.59B
| $11.4M | 0.01% |
343,500
-124,400
| -27% | -$5.35M |
|
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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.