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 | |
|---|---|---|---|---|---|---|
1526
Everest Group
EG
$14.5B
| $8.04M | 0.01% |
30,205
-68,433
| -69% | -$17.3M |
|
1527
Columbia Financial
CLBK
$1.12B
| $8.01M | 0.01% |
507,564
+374,800
| +282% | +$5.77M |
|
1528
GSI Technology
GSIT
$215M
| $8.01M | 0.01% |
914,847
+72,800
| +9% | +$612K |
|
1529
United Fire Group
UFCS
$1.32B
| $8.01M | 0.01% |
170,539
+13,983
| +9% | +$665K |
|
1530
Helen of Troy
HELE
$644M
| $8M | 0.01% |
50,710
-45,400
| -47% | -$6.75M |
|
1531
The Bancorp
TBBK
$2.79B
| $7.99M | 0.01% |
807,300
+71,300
| +10% | +$678K |
|
1532
RLJ Lodging Trust
RLJ
$1.86B
| $7.98M | 0.01% |
+469,474
| New | +$7.98M |
|
|
VSTO
1533
DELISTED
Vista Outdoor Inc.
VSTO
| $7.9M | 0.01% |
1,276,700
+124,300
| +11% | +$819K |
|
1534
Travere Therapeutics
TVTX
$5.2B
| $7.89M | 0.01% |
680,925
+414,625
| +156% | +$6.85M |
|
1535
ASE Group
ASX
$77.3B
| $7.87M | 0.01% |
1,765,249
+237,000
| +16% | +$1.04M |
|
1536
Camden Property Trust
CPT
$11B
| $7.87M | 0.01% |
70,900
-54,300
| -43% | -$5.85M |
|
1537
Marchex
MCHX
$76.2M
| $7.87M | 0.01% |
2,505,749
+49,637
| +2% | +$191K |
|
1538
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $7.86M | 0.01% |
146,399
-10,479
| -7% | -$561K |
|
1539
Acco Brands
ACCO
$389M
| $7.85M | 0.01% |
795,582
+195,735
| +33% | +$1.77M |
|
1540
First Financial Corp
THFF
$958M
| $7.84M | 0.01% |
180,259
-1,541
| -0.8% | -$64.1K |
|
|
WUBA
1541
DELISTED
58.com Inc
WUBA
| $7.83M | 0.01% |
158,863
+118,300
| +292% | +$6.55M |
|
1542
iShares MBS ETF
MBB
$38.9B
| $7.83M | 0.01% |
72,328
-20,272
| -22% | -$2.19M |
|
|
TEN
1543
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.82M | 0.01% |
624,400
-679,200
| -52% | -$6.93M |
|
1544
Unilever
UL
$137B
| $7.81M | 0.01% |
115,467
+28,534
| +33% | +$1.98M |
|
1545
Applied Industrial Technologies
AIT
$12.8B
| $7.76M | 0.01% |
+136,550
| New | +$7.68M |
|
|
AUO
1546
DELISTED
AU Optronics Corp
AUO
| $7.75M | 0.01% |
3,151,096
-12,065,500
| -79% | -$31.6M |
|
1547
Sensient Technologies
SXT
$5.26B
| $7.75M | 0.01% |
+112,897
| New | +$7.69M |
|
1548
Safe Bulkers
SB
$795M
| $7.74M | 0.01% |
4,420,986
+824,491
| +23% | +$1.61M |
|
1549
LiveRamp
RAMP
$2.3B
| $7.74M | 0.01% |
180,078
-122,000
| -40% | -$5.67M |
|
|
JMEI
1550
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $7.73M | 0.01% |
364,710
-14,650
| -4% | -$315K |
|
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.