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 |
Starbucks
SBUX
|
+$618M |
| 2 |
Vale
VALE
|
+$332M |
| 3 |
CELG
Celgene Corp
CELG
|
+$309M |
| 4 |
CME Group
CME
|
+$306M |
| 5 |
Amazon
AMZN
|
+$290M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$435M |
| 2 |
Meta Platforms (Facebook)
META
|
+$342M |
| 3 |
Crown Castle
CCI
|
+$244M |
| 4 |
SLB Ltd
SLB
|
+$229M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.17% |
| 2 | Technology | 14.41% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Financials | 10.51% |
| 5 | Real Estate | 9.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
Nucor
NUE
$58.6B
| $9.27M | 0.01% |
+158,900
| New | +$9.32M |
|
|
MTSC
1427
DELISTED
MTS Systems Corp
MTSC
| $9.26M | 0.01% |
170,100
-32,118
| -16% | -$1.63M |
|
1428
EastGroup Properties
EGP
$11.2B
| $9.26M | 0.01% |
82,900
-43,900
| -35% | -$4.56M |
|
1429
Sierra Bancorp
BSRR
$528M
| $9.21M | 0.01% |
379,131
+26,834
| +8% | +$696K |
|
1430
Grupo Aval
AVAL
$6.27B
| $9.17M | 0.01% |
1,177,027
+59,229
| +5% | +$426K |
|
1431
Gentex
GNTX
$4.97B
| $9.11M | 0.01% |
440,600
-191,800
| -30% | -$4.01M |
|
1432
Liberty Media Series A
FWONA
$22.5B
| $9.11M | 0.01% |
279,421
+73,530
| +36% | +$2.23M |
|
|
TCF
1433
DELISTED
TCF Financial Corporation
TCF
| $9.11M | 0.01% |
440,100
+17,700
| +4% | +$386K |
|
1434
Itron
ITRI
$4.36B
| $9.1M | 0.01% |
195,000
-106,000
| -35% | -$5.62M |
|
1435
Editas Medicine
EDIT
$396M
| $9.08M | 0.01% |
371,400
+99,400
| +37% | +$2.25M |
|
1436
Wabash National
WNC
$512M
| $9.05M | 0.01% |
668,300
+336,900
| +102% | +$4.77M |
|
|
KREF
1437
KKR Real Estate Finance Trust
KREF
$448M
| $9.04M | 0.01% |
451,700
+55,500
| +14% | +$1.12M |
|
1438
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $9.03M | 0.01% |
85,200
+50,900
| +148% | +$5.38M |
|
|
KEM
1439
DELISTED
KEMET Corporation
KEM
| $9.03M | 0.01% |
531,836
-1,761,199
| -77% | -$32.4M |
|
1440
Amphastar Pharmaceuticals
AMPH
$879M
| $9.02M | 0.01% |
441,600
+131,500
| +42% | +$2.95M |
|
|
AMBR
1441
DELISTED
Amber Road Inc
AMBR
| $9.01M | 0.01% |
1,039,100
+177,500
| +21% | +$1.57M |
|
1442
Repligen
RGEN
$7.96B
| $8.98M | 0.01% |
152,004
+47,900
| +46% | +$2.75M |
|
1443
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $8.97M | 0.01% |
+329,100
| New | +$8.86M |
|
1444
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
| $8.96M | 0.01% |
311,800
+48,600
| +18% | +$1.37M |
|
|
CNBKA
1445
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $8.96M | 0.01% |
122,700
-100
| -0.1% | -$7.57K |
|
|
DO
1446
DELISTED
Diamond Offshore Drilling
DO
| $8.94M | 0.01% |
852,500
-191,600
| -18% | -$2.03M |
|
|
SEMG
1447
DELISTED
SEMGROUP CORPORATION
SEMG
| $8.88M | 0.01% |
602,157
+226,700
| +60% | +$3.58M |
|
1448
Smith & Nephew
SNN
$13.3B
| $8.85M | 0.01% |
220,650
+210,750
| +2,129% | +$8.1M |
|
1449
Huntsman Corp
HUN
$1.71B
| $8.83M | 0.01% |
392,500
-14,600
| -4% | -$329K |
|
1450
First Financial Corp
THFF
$958M
| $8.78M | 0.01% |
209,000
+22,300
| +12% | +$946K |
|
Similar funds
Renaissance Technologies's Q1 2019 Portfolio in Review
As of Q1 2019, Renaissance Technologies held 3,883 positions worth $110B, up 20% from $91.3B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
Renaissance Technologies deployed $7.09B of net new capital in Q1 2019, opening 532 new positions and adding to 1,751 existing holdings. Its largest new stake was Amazon: 3,483,100 shares worth $310M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $342M trimmed.
- Renaissance Technologies's largest Q1 2019 buy was Amazon: 3,483,100 shares worth $310M.
- Renaissance Technologies added most to Starbucks in Q1 2019, an estimated $618M increase.
- Renaissance Technologies's biggest Q1 2019 reduction was Meta Platforms (Facebook), cutting an estimated $342M.
- Renaissance Technologies fully exited Apple in Q1 2019, selling an estimated $435M.
- Renaissance Technologies's ten largest holdings make up 8.7% of its $110B portfolio in Q1 2019.
- Renaissance Technologies opened 532 new positions and closed 465 in Q1 2019.
- Renaissance Technologies's portfolio value rose 20% quarter-over-quarter to $110B.
Based on Renaissance Technologies's 13F filing for Q1 2019, filed 14 May 2019.