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 | |
|---|---|---|---|---|---|---|
1551
Donegal Group Class A
DGICA
$731M
| $6.73M | 0.01% |
493,409
-5,151
| -1% | -$71.2K |
|
|
JHG
1552
DELISTED
Janus Henderson
JHG
| $6.73M | 0.01% |
+324,600
| New | +$7.45M |
|
|
DNR
1553
DELISTED
Denbury Resources, Inc.
DNR
| $6.72M | 0.01% |
3,931,035
+3,299,200
| +522% | +$11.4M |
|
|
HTLF
1554
DELISTED
Heartland Financial USA, Inc.
HTLF
| $6.72M | 0.01% |
152,900
-13,200
| -8% | -$692K |
|
1555
Integra LifeSciences
IART
$1.29B
| $6.69M | 0.01% |
148,360
-209,800
| -59% | -$11.5M |
|
1556
Schneider National
SNDR
$6.26B
| $6.68M | 0.01% |
357,900
-160,403
| -31% | -$3.44M |
|
1557
Dime Commercial Bancshares
DCOM
$1.8B
| $6.67M | 0.01% |
261,700
+1,601
| +0.6% | +$46.7K |
|
1558
Crawford & Co Class B
CRD.B
$491M
| $6.67M | 0.01% |
741,097
+31,997
| +5% | +$291K |
|
|
BRT
1559
BRT Apartments
BRT
$281M
| $6.63M | 0.01% |
579,774
-101,500
| -15% | -$1.16M |
|
1560
Grupo Aval
AVAL
$6.27B
| $6.59M | 0.01% |
1,117,798
+325,031
| +41% | +$2.23M |
|
|
NCOM
1561
DELISTED
National Commerce Corporation
NCOM
| $6.58M | 0.01% |
182,900
-2,839
| -2% | -$108K |
|
1562
The GEO Group
GEO
$4.13B
| $6.58M | 0.01% |
333,800
+151,600
| +83% | +$3.44M |
|
|
SGI
1563
Somnigroup International
SGI
$13.7B
| $6.57M | 0.01% |
+634,800
| New | +$7.61M |
|
|
MFSF
1564
DELISTED
MutualFirst Financial Inc
MFSF
| $6.54M | 0.01% |
246,110
+8,310
| +3% | +$282K |
|
1565
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.35B
| $6.52M | 0.01% |
127,800
+94,300
| +281% | +$4.8M |
|
1566
RTX Corp
RTX
$290B
| $6.52M | 0.01% |
97,261
-1,697,991
| -95% | -$133M |
|
|
SHI
1567
DELISTED
Sinopec Shanghai Petrochemical Co., Ltd.
SHI
| $6.5M | 0.01% |
150,650
-21,800
| -13% | -$1.02M |
|
|
FMBI
1568
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $6.49M | 0.01% |
+327,528
| New | +$7.52M |
|
1569
Grupo Cibest SA
CIB
$22B
| $6.48M | 0.01% |
170,000
-78,000
| -31% | -$3.12M |
|
|
ECHO
1570
DELISTED
Echo Global Logistics, Inc.
ECHO
| $6.47M | 0.01% |
318,300
-39,910
| -11% | -$995K |
|
|
MSGN
1571
DELISTED
MSG Networks Inc.
MSGN
| $6.45M | 0.01% |
273,700
-229,000
| -46% | -$5.85M |
|
|
BT
1572
DELISTED
BT Group plc (ADR)
BT
| $6.41M | 0.01% |
421,800
+399,500
| +1,791% | +$6.36M |
|
|
TOWR
1573
DELISTED
Tower International, Inc.
TOWR
| $6.39M | 0.01% |
268,638
+30,338
| +13% | +$832K |
|
|
FCB
1574
DELISTED
FCB Financial Holdings, Inc.
FCB
| $6.36M | 0.01% |
+189,352
| New | +$7.44M |
|
1575
Gen Digital
GEN
$16.4B
| $6.31M | 0.01% |
334,038
-1,613,800
| -83% | -$33.4M |
|
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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.