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 | |
|---|---|---|---|---|---|---|
1401
Paylocity
PCTY
$7.38B
| $8.47M | 0.01% |
140,700
-78,500
| -36% | -$5.03M |
|
1402
Sierra Bancorp
BSRR
$528M
| $8.47M | 0.01% |
352,297
+3,642
| +1% | +$97.8K |
|
1403
Philips
PHG
$25.7B
| $8.43M | 0.01% |
+309,491
| New | +$9.14M |
|
1404
Plains GP Holdings
PAGP
$5.21B
| $8.43M | 0.01% |
419,461
-1,156,300
| -73% | -$25.6M |
|
1405
AGCO
AGCO
$7.15B
| $8.42M | 0.01% |
151,200
-184,700
| -55% | -$10.4M |
|
|
HT
1406
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $8.4M | 0.01% |
479,100
-155,200
| -24% | -$2.9M |
|
1407
Sunstone Hotel Investors
SHO
$2.19B
| $8.38M | 0.01% |
644,296
+279,600
| +77% | +$4.11M |
|
1408
Atmos Energy
ATO
$28.8B
| $8.36M | 0.01% |
90,200
-114,104
| -56% | -$10.9M |
|
1409
U-Haul Holding Co
UHAL
$13.9B
| $8.36M | 0.01% |
254,660
+95,000
| +60% | +$3.21M |
|
1410
FNB Corp
FNB
$6.73B
| $8.35M | 0.01% |
+848,727
| New | +$9.85M |
|
|
DCP
1411
DELISTED
DCP Midstream, LP
DCP
| $8.32M | 0.01% |
314,210
+232,777
| +286% | +$8.36M |
|
|
CNBKA
1412
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $8.32M | 0.01% |
122,800
-11,200
| -8% | -$862K |
|
|
XEC
1413
DELISTED
CIMAREX ENERGY CO
XEC
| $8.32M | 0.01% |
+134,898
| New | +$11.1M |
|
|
ANCX
1414
DELISTED
Access National Corp
ANCX
| $8.3M | 0.01% |
389,205
+16,067
| +4% | +$406K |
|
1415
Wendy's
WEN
$1.4B
| $8.28M | 0.01% |
530,682
-76,500
| -13% | -$1.3M |
|
1416
Hooker Furnishings Corp
HOFT
$150M
| $8.25M | 0.01% |
313,165
-40,900
| -12% | -$1.22M |
|
1417
American Homes 4 Rent
AMH
$12B
| $8.24M | 0.01% |
415,084
-870,600
| -68% | -$17.8M |
|
|
TCF
1418
DELISTED
TCF Financial Corporation
TCF
| $8.23M | 0.01% |
422,400
+369,900
| +705% | +$8M |
|
1419
Agilysys
AGYS
$2.97B
| $8.23M | 0.01% |
574,000
+13,948
| +2% | +$219K |
|
1420
NETGEAR
NTGR
$648M
| $8.23M | 0.01% |
158,100
+79,310
| +101% | +$4.28M |
|
|
GSS
1421
DELISTED
Golden Star Resources Ltd.
GSS
| $8.22M | 0.01% |
2,608,896
+39,083
| +2% | +$124K |
|
1422
Reliance Steel & Aluminium
RS
$20.7B
| $8.21M | 0.01% |
115,412
-31,400
| -21% | -$2.48M |
|
1423
Aon
AON
$76.5B
| $8.2M | 0.01% |
56,401
-64,500
| -53% | -$10M |
|
1424
Artivion
AORT
$1.3B
| $8.19M | 0.01% |
288,508
-127,990
| -31% | -$3.85M |
|
1425
Laureate Education
LAUR
$5.28B
| $8.18M | 0.01% |
536,476
+303,976
| +131% | +$4.55M |
|
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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.