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
|
+$453M |
| 2 |
CELG
Celgene Corp
CELG
|
+$391M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$389M |
| 4 |
GE Aerospace
GE
|
+$378M |
| 5 |
Johnson & Johnson
JNJ
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$307M |
| 2 |
Costco
COST
|
+$279M |
| 3 |
Lowe's Companies
LOW
|
+$273M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Chevron
CVX
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.11% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OXFD
1576
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $7.65M | 0.01% |
556,000
+263,900
| +90% | +$4.04M |
|
1577
Mercury Systems
MRCY
$5.41B
| $7.65M | 0.01% |
108,735
+47,300
| +77% | +$3.28M |
|
|
ESSA
1578
DELISTED
ESSA Bancorp
ESSA
| $7.64M | 0.01% |
500,889
+6,400
| +1% | +$98.5K |
|
|
CMRX
1579
DELISTED
Chimerix, Inc.
CMRX
| $7.6M | 0.01% |
1,760,169
+435,380
| +33% | +$1.34M |
|
|
SHI
1580
DELISTED
Sinopec Shanghai Petrochemical Co., Ltd.
SHI
| $7.6M | 0.01% |
190,200
+25,850
| +16% | +$1.16M |
|
1581
Monarch Casino & Resort
MCRI
$2.2B
| $7.59M | 0.01% |
177,603
+3,603
| +2% | +$158K |
|
1582
United Fire Group
UFCS
$1.35B
| $7.59M | 0.01% |
156,556
-16,900
| -10% | -$772K |
|
1583
Healthcare Services Group
HCSG
$1.61B
| $7.57M | 0.01% |
249,764
+174,700
| +233% | +$5.77M |
|
|
ORC
1584
Orchid Island Capital
ORC
$1.31B
| $7.51M | 0.01% |
236,159
+79,759
| +51% | +$2.59M |
|
1585
AngioDynamics
ANGO
$605M
| $7.51M | 0.01% |
381,346
-114,600
| -23% | -$2.33M |
|
1586
West Bancorporation
WTBA
$477M
| $7.51M | 0.01% |
353,852
+2,300
| +0.7% | +$48.8K |
|
1587
Crawford & Co Class B
CRD.B
$507M
| $7.49M | 0.01% |
804,617
+27,800
| +4% | +$245K |
|
|
MCHB
1588
Mechanics Bancorp
MCHB
$3.65B
| $7.48M | 0.01% |
252,500
+148,600
| +143% | +$4.27M |
|
|
SHYF
1589
DELISTED
The Shyft Group
SHYF
| $7.48M | 0.01% |
682,748
+155,900
| +30% | +$1.44M |
|
|
RDUS
1590
DELISTED
Radius Recycling
RDUS
| $7.46M | 0.01% |
285,096
-156,794
| -35% | -$3.74M |
|
|
SBNY
1591
DELISTED
Signature Bank
SBNY
| $7.45M | 0.01% |
61,674
-17,800
| -22% | -$2.2M |
|
1592
iRadimed
IRMD
$1.2B
| $7.43M | 0.01% |
363,400
+17,200
| +5% | +$405K |
|
1593
Liberty Broadband Class C
LBRDK
$4.89B
| $7.4M | 0.01% |
71,000
-55,916
| -44% | -$5.51M |
|
|
SMMF
1594
DELISTED
Summit Financial Group, Inc.
SMMF
| $7.39M | 0.01% |
275,354
+14,519
| +6% | +$374K |
|
|
CNCE
1595
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $7.39M | 0.01% |
616,000
-87,600
| -12% | -$942K |
|
1596
Fox Factory Holding Corp
FOXF
$794M
| $7.38M | 0.01% |
89,388
-139,805
| -61% | -$10.4M |
|
1597
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $7.37M | 0.01% |
55,500
-13,100
| -19% | -$1.66M |
|
|
LEAF
1598
DELISTED
Leaf Group Ltd.
LEAF
| $7.35M | 0.01% |
991,900
+55,494
| +6% | +$427K |
|
1599
Zymeworks
ZYME
$1.62B
| $7.33M | 0.01% |
333,400
+77,000
| +30% | +$1.41M |
|
1600
First Financial Corp
THFF
$948M
| $7.3M | 0.01% |
181,800
-27,200
| -13% | -$1.1M |
|
Similar funds
Renaissance Technologies's Q2 2019 Portfolio in Review
As of Q2 2019, Renaissance Technologies held 3,913 positions worth $114B, up 3.3% from $110B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies's Q2 2019 filing shows 495 new, 1,847 increased, 1,145 reduced and 397 closed positions. Its largest new stake was Apple: 9,290,160 shares worth $460M. The largest sale was UnitedHealth, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q2 2019 buy was Apple: 9,290,160 shares worth $460M.
- Renaissance Technologies added most to Celgene Corp in Q2 2019, an estimated $391M increase.
- Renaissance Technologies's biggest Q2 2019 reduction was Microsoft, cutting an estimated $230M.
- Renaissance Technologies fully exited UnitedHealth in Q2 2019, selling an estimated $307M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $114B portfolio in Q2 2019.
- Renaissance Technologies opened 495 new positions and closed 397 in Q2 2019.
- Renaissance Technologies's portfolio value rose 3.3% quarter-over-quarter to $114B.
Based on Renaissance Technologies's 13F filing for Q2 2019, filed 12 Aug 2019.