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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$327M |
| 2 |
Chipotle Mexican Grill
CMG
|
+$271M |
| 3 |
Chevron
CVX
|
+$264M |
| 4 |
JPMorgan Chase
JPM
|
+$233M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$707M |
| 2 |
Johnson & Johnson
JNJ
|
+$396M |
| 3 |
Amazon
AMZN
|
+$312M |
| 4 |
Walmart Inc
WMT
|
+$285M |
| 5 |
Intuitive Surgical
ISRG
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.73% |
| 2 | Technology | 14.98% |
| 3 | Financials | 10.9% |
| 4 | Consumer Discretionary | 8.96% |
| 5 | Real Estate | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Invesco Senior Loan ETF
BKLN
$6.97B
| $7.67M | 0.01% |
330,800
+95,000
| +40% | +$2.19M |
|
1527
NACCO Industries
NC
$356M
| $7.65M | 0.01% |
233,700
+26,000
| +13% | +$883K |
|
1528
Cactus
WHD
$4.3B
| $7.64M | 0.01% |
+199,700
| New | +$6.84M |
|
1529
Ares Management
ARES
$28B
| $7.64M | 0.01% |
329,500
+237,388
| +258% | +$5.09M |
|
1530
Helix Energy Solutions
HLX
$1.36B
| $7.63M | 0.01% |
771,927
+294,600
| +62% | +$2.69M |
|
|
ESSA
1531
DELISTED
ESSA Bancorp
ESSA
| $7.62M | 0.01% |
468,597
+1,540
| +0.3% | +$24.5K |
|
|
SCS
1532
DELISTED
Steelcase
SCS
| $7.61M | 0.01% |
411,500
+288,200
| +234% | +$4.23M |
|
1533
Aecom
ACM
$9.22B
| $7.61M | 0.01% |
+233,077
| New | +$7.68M |
|
|
REIS
1534
DELISTED
Reis, Inc.
REIS
| $7.6M | 0.01% |
330,600
-10,400
| -3% | -$223K |
|
1535
La-Z-Boy
LZB
$1.61B
| $7.6M | 0.01% |
240,600
+97,160
| +68% | +$3.09M |
|
|
PETQ
1536
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $7.56M | 0.01% |
+192,400
| New | +$6.4M |
|
1537
Northrim BanCorp
NRIM
$586M
| $7.56M | 0.01% |
728,000
+124,800
| +21% | +$1.32M |
|
1538
Pembina Pipeline
PBA
$29.3B
| $7.54M | 0.01% |
221,900
-326,600
| -60% | -$11.3M |
|
1539
ING
ING
$99.8B
| $7.52M | 0.01% |
579,710
+129,900
| +29% | +$1.82M |
|
|
TEN
1540
Tsakos Energy Navigation Ltd
TEN
$1.2B
| $7.52M | 0.01% |
443,420
+12,460
| +3% | +$213K |
|
1541
Dycom Industries
DY
$12.5B
| $7.51M | 0.01% |
+88,816
| New | +$7.68M |
|
1542
Nice
NICE
$5.79B
| $7.5M | 0.01% |
65,544
-111,300
| -63% | -$12.4M |
|
1543
BioLife Solutions
BLFS
$1.55B
| $7.49M | 0.01% |
427,900
+221,000
| +107% | +$4.37M |
|
|
BBU
1544
DELISTED
Brookfield Business Partners
BBU
| $7.49M | 0.01% |
254,655
+7,946
| +3% | +$212K |
|
1545
Howmet Aerospace
HWM
$111B
| $7.46M | 0.01% |
441,665
-2,488,945
| -85% | -$39.6M |
|
1546
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $7.42M | 0.01% |
68,861
-19,600
| -22% | -$2.11M |
|
|
CNR
1547
Core Natural Resources Inc
CNR
$4.09B
| $7.41M | 0.01% |
+181,600
| New | +$7.64M |
|
1548
Western Union
WU
$2.4B
| $7.4M | 0.01% |
388,400
-1,084,900
| -74% | -$21.1M |
|
|
NIHD
1549
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $7.39M | 0.01% |
1,260,338
+81,900
| +7% | +$421K |
|
1550
iRadimed
IRMD
$1.22B
| $7.38M | 0.01% |
198,700
+81,500
| +70% | +$2.2M |
|
Similar funds
Renaissance Technologies's Q3 2018 Portfolio in Review
As of Q3 2018, Renaissance Technologies held 3,734 positions worth $97.3B, up 6% from $91.7B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Renaissance Technologies's Q3 2018 filing shows 508 new, 1,623 increased, 1,169 reduced and 410 closed positions. Its largest new stake was JPMorgan Chase: 2,054,913 shares worth $232M. The largest sale was Apple, an estimated $707M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q3 2018 buy was JPMorgan Chase: 2,054,913 shares worth $232M.
- Renaissance Technologies added most to Twenty-First Century Fox, Inc. Class A in Q3 2018, an estimated $327M increase.
- Renaissance Technologies's biggest Q3 2018 reduction was Johnson & Johnson, cutting an estimated $396M.
- Renaissance Technologies fully exited Apple in Q3 2018, selling an estimated $707M.
- Renaissance Technologies's ten largest holdings make up 9.7% of its $97.3B portfolio in Q3 2018.
- Renaissance Technologies opened 508 new positions and closed 410 in Q3 2018.
- Renaissance Technologies's portfolio value rose 6% quarter-over-quarter to $97.3B.
Based on Renaissance Technologies's 13F filing for Q3 2018, filed 13 Nov 2018.