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
|
+$453M |
| 2 |
CELG
Celgene Corp
CELG
|
+$391M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$389M |
| 4 |
GE Aerospace
GE
|
+$378M |
| 5 |
Johnson & Johnson
JNJ
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$307M |
| 2 |
Costco
COST
|
+$279M |
| 3 |
Lowe's Companies
LOW
|
+$273M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Chevron
CVX
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.11% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KIN
1426
DELISTED
Kindred Biosciences, Inc.
KIN
| $9.88M | 0.01% |
1,186,498
-35,900
| -3% | -$310K |
|
1427
State Street Industrial Select Sector SPDR ETF
XLI
$32.2B
| $9.88M | 0.01% |
127,592
+117,992
| +1,229% | +$8.97M |
|
1428
John Wiley & Sons Class A
WLY
$2.83B
| $9.86M | 0.01% |
215,100
+66,910
| +45% | +$3.04M |
|
1429
AMERISAFE
AMSF
$562M
| $9.81M | 0.01% |
153,900
+84,900
| +123% | +$5.08M |
|
|
NATI
1430
DELISTED
National Instruments Corp
NATI
| $9.81M | 0.01% |
233,666
-189,200
| -45% | -$8.07M |
|
|
NBIS
1431
Nebius Group N.V.
NBIS
$37.6B
| $9.81M | 0.01% |
258,100
+184,700
| +252% | +$6.86M |
|
1432
German American Bancorp
GABC
$1.93B
| $9.79M | 0.01% |
325,050
+38,000
| +13% | +$1.12M |
|
1433
Star Group
SGU
$413M
| $9.79M | 0.01% |
979,901
+134,300
| +16% | +$1.3M |
|
1434
Clear Channel Outdoor Holdings
CCO
$1.22B
| $9.79M | 0.01% |
2,073,149
+968,990
| +88% | +$4.95M |
|
1435
Digi International
DGII
$2.47B
| $9.77M | 0.01% |
770,384
+97,000
| +14% | +$1.18M |
|
1436
Tilly's
TLYS
$114M
| $9.75M | 0.01% |
1,277,600
+305,200
| +31% | +$3.09M |
|
1437
Heartland Express
HTLD
$1.01B
| $9.74M | 0.01% |
539,233
+243,097
| +82% | +$4.64M |
|
|
VRN
1438
DELISTED
Veren
VRN
| $9.74M | 0.01% |
2,945,835
+1,734,435
| +143% | +$6.23M |
|
|
OSB
1439
DELISTED
Norbord Inc.
OSB
| $9.71M | 0.01% |
391,500
+134,100
| +52% | +$3.16M |
|
1440
KNOT Offshore Partners
KNOP
$354M
| $9.66M | 0.01% |
505,800
+139,700
| +38% | +$2.72M |
|
1441
iShares National Muni Bond ETF
MUB
$45.2B
| $9.62M | 0.01% |
85,081
+27,218
| +47% | +$3.05M |
|
1442
Movado Group
MOV
$840M
| $9.59M | 0.01% |
355,336
-63,198
| -15% | -$1.99M |
|
1443
Alpha and Omega Semiconductor
AOSL
$829M
| $9.58M | 0.01% |
1,025,700
-5,400
| -0.5% | -$56.3K |
|
1444
LendingTree
TREE
$551M
| $9.58M | 0.01% |
+22,800
| New | +$8.72M |
|
1445
Allegiant Air
ALGT
$2.57B
| $9.56M | 0.01% |
66,600
-45,700
| -41% | -$6.4M |
|
1446
Stock Yards Bancorp
SYBT
$2.6B
| $9.55M | 0.01% |
264,240
+22,000
| +9% | +$761K |
|
|
FBM
1447
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $9.53M | 0.01% |
536,188
+472,088
| +736% | +$6.78M |
|
1448
Ares Management
ARES
$28.1B
| $9.47M | 0.01% |
+361,800
| New | +$9.19M |
|
|
PFNX
1449
DELISTED
Pfenex Inc.
PFNX
| $9.47M | 0.01% |
1,404,605
+106,200
| +8% | +$679K |
|
1450
AZZ Inc
AZZ
$4.24B
| $9.47M | 0.01% |
205,700
+82,500
| +67% | +$3.69M |
|
Similar funds
Renaissance Technologies's Q2 2019 Portfolio in Review
As of Q2 2019, Renaissance Technologies held 3,913 positions worth $114B, up 3.3% from $110B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies's Q2 2019 filing shows 495 new, 1,847 increased, 1,145 reduced and 397 closed positions. Its largest new stake was Apple: 9,290,160 shares worth $460M. The largest sale was UnitedHealth, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q2 2019 buy was Apple: 9,290,160 shares worth $460M.
- Renaissance Technologies added most to Celgene Corp in Q2 2019, an estimated $391M increase.
- Renaissance Technologies's biggest Q2 2019 reduction was Microsoft, cutting an estimated $230M.
- Renaissance Technologies fully exited UnitedHealth in Q2 2019, selling an estimated $307M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $114B portfolio in Q2 2019.
- Renaissance Technologies opened 495 new positions and closed 397 in Q2 2019.
- Renaissance Technologies's portfolio value rose 3.3% quarter-over-quarter to $114B.
Based on Renaissance Technologies's 13F filing for Q2 2019, filed 12 Aug 2019.