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 | |
|---|---|---|---|---|---|---|
1426
BOK Financial
BOKF
$8.58B
| $9.41M | 0.01% |
118,879
-72,800
| -38% | -$5.7M |
|
1427
Fox Factory Holding Corp
FOXF
$755M
| $9.4M | 0.01% |
150,993
+61,605
| +69% | +$4.57M |
|
1428
Home Bancorp
HBCP
$561M
| $9.38M | 0.01% |
240,700
+9,300
| +4% | +$348K |
|
1429
Provident Financial
PROV
$111M
| $9.38M | 0.01% |
452,122
+11,075
| +3% | +$230K |
|
1430
WillScot Mobile Mini Holdings
WSC
$4.39B
| $9.38M | 0.01% |
602,200
+252,900
| +72% | +$3.79M |
|
1431
Intel
INTC
$455B
| $9.34M | 0.01% |
+181,194
| New | +$8.91M |
|
1432
Graham Corp
GHM
$1.12B
| $9.33M | 0.01% |
469,979
+43,822
| +10% | +$858K |
|
1433
AngioDynamics
ANGO
$611M
| $9.32M | 0.01% |
505,946
+124,600
| +33% | +$2.44M |
|
1434
Zymeworks
ZYME
$1.61B
| $9.31M | 0.01% |
375,507
+42,107
| +13% | +$1.05M |
|
1435
Southwest Gas
SWX
$6.47B
| $9.3M | 0.01% |
102,200
+67,400
| +194% | +$6.06M |
|
1436
Cirrus Logic
CRUS
$6.53B
| $9.3M | 0.01% |
+173,520
| New | +$8.86M |
|
|
AEL
1437
DELISTED
American Equity Investment Life Holding Company
AEL
| $9.25M | 0.01% |
382,400
+255,200
| +201% | +$6.17M |
|
1438
CNB Financial Corp
CCNE
$1.04B
| $9.25M | 0.01% |
322,402
-300
| -0.1% | -$8.25K |
|
1439
Acacia Research
ACTG
$428M
| $9.23M | 0.01% |
3,443,700
-41,600
| -1% | -$116K |
|
|
BRT
1440
BRT Apartments
BRT
$281M
| $9.22M | 0.01% |
632,542
+58,500
| +10% | +$819K |
|
1441
JB Hunt Transport Services
JBHT
$25.5B
| $9.19M | 0.01% |
83,044
-48,100
| -37% | -$4.95M |
|
1442
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.35B
| $9.18M | 0.01% |
176,614
-18,986
| -10% | -$985K |
|
1443
Transocean
RIG
$5.89B
| $9.13M | 0.01% |
2,043,500
-4,325,200
| -68% | -$22.9M |
|
1444
CEVA Inc
CEVA
$910M
| $9.13M | 0.01% |
305,700
+58,100
| +23% | +$1.69M |
|
1445
La-Z-Boy
LZB
$1.58B
| $9.08M | 0.01% |
270,400
+48,500
| +22% | +$1.55M |
|
|
PZN
1446
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $9.08M | 0.01% |
1,018,000
+4,300
| +0.4% | +$35.7K |
|
1447
Primis Financial Corp
FRST
$399M
| $9.07M | 0.01% |
589,513
+12,700
| +2% | +$193K |
|
1448
Consolidated Water Co
CWCO
$467M
| $9.06M | 0.01% |
549,398
+78,001
| +17% | +$1.15M |
|
|
JBGS
1449
JBG SMITH
JBGS
$818M
| $9.03M | 0.01% |
230,200
-72,200
| -24% | -$2.82M |
|
1450
Perion Network
PERI
$375M
| $9.02M | 0.01% |
1,844,233
+569,574
| +45% | +$2.78M |
|
Similar funds
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.