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 | |
|---|---|---|---|---|---|---|
|
LSXMA
1401
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $9.89M | 0.01% |
329,425
+144,227
| +78% | +$4.21M |
|
1402
American Superconductor
AMSC
$1.42B
| $9.79M | 0.01% |
1,249,158
+91,225
| +8% | +$776K |
|
|
AE
1403
DELISTED
Adams Resources & Energy Inc
AE
| $9.79M | 0.01% |
315,800
-400
| -0.1% | -$12.7K |
|
|
KNL
1404
DELISTED
Knoll, Inc.
KNL
| $9.79M | 0.01% |
386,000
+35,800
| +10% | +$848K |
|
1405
NOV
NOV
$6.93B
| $9.78M | 0.01% |
461,410
-810,400
| -64% | -$17.3M |
|
|
EXPR
1406
DELISTED
Express, Inc.
EXPR
| $9.77M | 0.01% |
142,040
+81,592
| +135% | +$4.01M |
|
1407
Reading International Class A
RDI
$33.2M
| $9.75M | 0.01% |
814,990
-25,000
| -3% | -$316K |
|
1408
Andersons Inc
ANDE
$2.41B
| $9.74M | 0.01% |
434,376
-282,424
| -39% | -$7.16M |
|
1409
OFG Bancorp
OFG
$2.23B
| $9.74M | 0.01% |
444,586
-11,800
| -3% | -$259K |
|
|
LNW
1410
DELISTED
Light & Wonder
LNW
| $9.72M | 0.01% |
477,600
+165,718
| +53% | +$3.27M |
|
|
SFIX
1411
Stitch Fix
SFIX
$536M
| $9.69M | 0.01% |
503,385
+432,285
| +608% | +$10M |
|
1412
Hancock Whitney
HWC
$6.2B
| $9.69M | 0.01% |
252,962
-213,788
| -46% | -$8.13M |
|
1413
Macerich
MAC
$7.33B
| $9.64M | 0.01% |
305,150
-1,372,719
| -82% | -$43.3M |
|
|
BPFH
1414
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $9.63M | 0.01% |
825,800
-135,572
| -14% | -$1.53M |
|
|
CFMS
1415
DELISTED
Conformis, Inc. Common Stock
CFMS
| $9.61M | 0.01% |
206,755
-6,300
| -3% | -$379K |
|
1416
Hyatt Hotels
H
$16.4B
| $9.59M | 0.01% |
130,200
-226,800
| -64% | -$17.1M |
|
1417
Pool Corp
POOL
$6.75B
| $9.58M | 0.01% |
+47,504
| New | +$9.16M |
|
1418
Horace Mann Educators
HMN
$2.1B
| $9.54M | 0.01% |
206,000
+50,300
| +32% | +$2.2M |
|
1419
Daktronics
DAKT
$955M
| $9.53M | 0.01% |
1,290,000
+151,800
| +13% | +$1.01M |
|
|
ADAM
1420
Adamas Trust
ADAM
$815M
| $9.52M | 0.01% |
390,854
-62,971
| -14% | -$1.55M |
|
|
HMTV
1421
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $9.51M | 0.01% |
777,800
+8,400
| +1% | +$104K |
|
1422
Kennametal
KMT
$2.59B
| $9.47M | 0.01% |
308,200
+251,342
| +442% | +$8.01M |
|
|
SCTL
1423
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $9.45M | 0.01% |
951,095
+93,325
| +11% | +$912K |
|
1424
Zurn Elkay Water Solutions
ZWS
$8.38B
| $9.44M | 0.01% |
724,302
+411,671
| +132% | +$5.51M |
|
1425
Blue Bird Corp
BLBD
$2.35B
| $9.43M | 0.01% |
495,600
+47,500
| +11% | +$906K |
|
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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.