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 | |
|---|---|---|---|---|---|---|
1501
Star Group
SGU
$412M
| $7.3M | 0.01% |
781,704
-42,064
| -5% | -$404K |
|
|
IDTI
1502
DELISTED
Integrated Device Technology I
IDTI
| $7.29M | 0.01% |
+150,600
| New | +$7.11M |
|
1503
UMB Financial
UMBF
$11.1B
| $7.28M | 0.01% |
119,391
+110,991
| +1,321% | +$7.2M |
|
|
ESSA
1504
DELISTED
ESSA Bancorp
ESSA
| $7.28M | 0.01% |
466,189
-2,408
| -0.5% | -$38.7K |
|
1505
Bankunited
BKU
$3.37B
| $7.27M | 0.01% |
+242,700
| New | +$7.91M |
|
|
DCOM
1506
DELISTED
Dime Community Bancshares
DCOM
| $7.25M | 0.01% |
426,900
+50,700
| +13% | +$863K |
|
|
FSCT
1507
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $7.21M | 0.01% |
277,600
+1,200
| +0.4% | +$33.2K |
|
1508
Korn Ferry
KFY
$4.18B
| $7.21M | 0.01% |
182,300
+56,300
| +45% | +$2.53M |
|
1509
Hudbay
HBM
$10.1B
| $7.19M | 0.01% |
1,523,591
+357,800
| +31% | +$1.68M |
|
1510
Inseego
INSG
$114M
| $7.18M | 0.01% |
173,030
+25,120
| +17% | +$931K |
|
|
ARC
1511
DELISTED
ARC Document Solutions, Inc.
ARC
| $7.18M | 0.01% |
3,502,061
-29,609
| -0.8% | -$72.2K |
|
1512
Materion
MTRN
$4.39B
| $7.17M | 0.01% |
159,400
+76,787
| +93% | +$4.08M |
|
|
MBFI
1513
DELISTED
MB Financial Corp
MBFI
| $7.16M | 0.01% |
180,693
+148,693
| +465% | +$6.46M |
|
1514
Applied Industrial Technologies
AIT
$12.8B
| $7.13M | 0.01% |
132,250
+31,200
| +31% | +$2.04M |
|
1515
Enovis
ENOV
$1.68B
| $7.13M | 0.01% |
+198,237
| New | +$9.25M |
|
|
PETQ
1516
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $7.13M | 0.01% |
303,752
+111,352
| +58% | +$3.44M |
|
|
AMBR
1517
DELISTED
Amber Road Inc
AMBR
| $7.09M | 0.01% |
861,600
-125,700
| -13% | -$1.11M |
|
1518
HCI Group
HCI
$2.23B
| $7.09M | 0.01% |
139,519
+48,300
| +53% | +$2.36M |
|
1519
Trustmark
TRMK
$2.76B
| $7.06M | 0.01% |
248,204
+230,704
| +1,318% | +$7.15M |
|
|
TA
1520
DELISTED
TravelCenters of America LLC
TA
| $7.05M | 0.01% |
375,068
| – | – |
|
1521
CNB Financial Corp
CCNE
$1.04B
| $7.05M | 0.01% |
307,072
+37,999
| +14% | +$984K |
|
1522
Simon Property Group
SPG
$74.4B
| $7.04M | 0.01% |
41,900
-112,600
| -73% | -$20.1M |
|
1523
International Bancshares
IBOC
$4.76B
| $7.03M | 0.01% |
204,337
+171,837
| +529% | +$6.61M |
|
1524
Radian Group
RDN
$5.18B
| $7.02M | 0.01% |
429,200
+248,575
| +138% | +$4.54M |
|
|
GTS
1525
DELISTED
Triple-S Management Corporation
GTS
| $7.01M | 0.01% |
423,596
+194,244
| +85% | +$3.36M |
|
Similar funds
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.