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 | |
|---|---|---|---|---|---|---|
|
RFP
1326
DELISTED
Resolute Forest Products Inc.
RFP
| $9.68M | 0.01% |
1,220,200
-382,817
| -24% | -$4.22M |
|
1327
Ribbon Communications
RBBN
$377M
| $9.67M | 0.01% |
2,005,812
+71,800
| +4% | +$416K |
|
1328
Acadia Pharmaceuticals
ACAD
$4.43B
| $9.67M | 0.01% |
597,800
+425,500
| +247% | +$8.26M |
|
|
DFS
1329
DELISTED
Discover Financial Services
DFS
| $9.65M | 0.01% |
163,600
+35,900
| +28% | +$2.48M |
|
|
CCXI
1330
DELISTED
ChemoCentryx, Inc.
CCXI
| $9.64M | 0.01% |
883,381
+111,100
| +14% | +$1.17M |
|
|
BELFB
1331
Bel Fuse Inc Class B
BELFB
$3.87B
| $9.62M | 0.01% |
522,147
+5,647
| +1% | +$128K |
|
1332
Helmerich & Payne
HP
$3.45B
| $9.61M | 0.01% |
+200,510
| New | +$12.3M |
|
1333
TriMas Corp
TRS
$1.43B
| $9.59M | 0.01% |
351,300
+2,800
| +0.8% | +$79.7K |
|
1334
Dentsply Sirona
XRAY
$2.68B
| $9.59M | 0.01% |
257,658
-156,000
| -38% | -$5.68M |
|
1335
Cincinnati Financial
CINF
$27.3B
| $9.58M | 0.01% |
123,700
-27,200
| -18% | -$2.12M |
|
1336
Information Services Group
III
$199M
| $9.54M | 0.01% |
2,250,781
-89,347
| -4% | -$376K |
|
|
NXTM
1337
DELISTED
NxStage Medical Inc.
NXTM
| $9.52M | 0.01% |
332,783
+81,500
| +32% | +$2.32M |
|
1338
Manchester United
MANU
$3.97B
| $9.51M | 0.01% |
501,000
-85,301
| -15% | -$1.71M |
|
1339
IDT Corp
IDT
$1.64B
| $9.5M | 0.01% |
1,534,597
+47,396
| +3% | +$338K |
|
1340
Ciena
CIEN
$53.4B
| $9.49M | 0.01% |
279,874
-952,321
| -77% | -$30.2M |
|
|
THR
1341
DELISTED
Thermon Group Holdings
THR
| $9.48M | 0.01% |
467,380
-33,110
| -7% | -$746K |
|
|
RAVN
1342
DELISTED
Raven Industries Inc
RAVN
| $9.47M | 0.01% |
261,616
+74,300
| +40% | +$3.09M |
|
|
EARN
1343
Ellington Residential Mortgage REIT
EARN
$162M
| $9.46M | 0.01% |
925,000
+54,400
| +6% | +$589K |
|
1344
Pool Corp
POOL
$6.75B
| $9.41M | 0.01% |
63,336
+47,494
| +300% | +$7.11M |
|
|
LTXB
1345
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $9.38M | 0.01% |
292,279
-125,300
| -30% | -$4.79M |
|
1346
Gray Television
GTN
$415M
| $9.37M | 0.01% |
+635,950
| New | +$11M |
|
1347
Cognex
CGNX
$10.9B
| $9.37M | 0.01% |
242,356
-17,700
| -7% | -$767K |
|
1348
Helios Technologies
HLIO
$2.57B
| $9.37M | 0.01% |
282,200
-173,100
| -38% | -$7.32M |
|
1349
Park National Corp
PRK
$3.76B
| $9.35M | 0.01% |
110,000
+7,795
| +8% | +$724K |
|
|
NSU
1350
DELISTED
Nevsun Resources Ltd.
NSU
| $9.34M | 0.01% |
2,132,100
-315,700
| -13% | -$1.4M |
|
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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.