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 | |
|---|---|---|---|---|---|---|
|
SPNE
1601
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $6.06M | 0.01% |
332,100
-61,700
| -16% | -$1.04M |
|
1602
Brunswick
BC
$5.13B
| $6.05M | 0.01% |
130,200
-18,500
| -12% | -$989K |
|
1603
Tyler Technologies
TYL
$12.7B
| $6.05M | 0.01% |
+32,542
| New | +$6.43M |
|
1604
Teledyne Technologies
TDY
$30.4B
| $6.05M | 0.01% |
+29,200
| New | +$6.39M |
|
1605
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $6.01M | 0.01% |
57,835
-11,026
| -16% | -$1.15M |
|
|
TACO
1606
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $6M | 0.01% |
600,600
-171,100
| -22% | -$1.85M |
|
1607
Stock Yards Bancorp
SYBT
$2.64B
| $6M | 0.01% |
182,832
-64,718
| -26% | -$2.06M |
|
1608
WisdomTree
WT
$2.96B
| $5.99M | 0.01% |
900,480
+845,580
| +1,540% | +$6.14M |
|
|
MBTF
1609
DELISTED
MBT Financial Corporation
MBTF
| $5.98M | 0.01% |
643,147
+115,400
| +22% | +$1.27M |
|
1610
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $5.97M | 0.01% |
+152,900
| New | +$6.12M |
|
|
AFI
1611
DELISTED
Armstrong Flooring, Inc.
AFI
| $5.97M | 0.01% |
503,900
+78,455
| +18% | +$1.21M |
|
|
CUB
1612
DELISTED
Cubic Corporation
CUB
| $5.96M | 0.01% |
110,900
+78,105
| +238% | +$4.92M |
|
1613
Universal Logistics Holdings
ULH
$353M
| $5.95M | 0.01% |
329,150
-17,330
| -5% | -$454K |
|
|
FARO
1614
DELISTED
Faro Technologies
FARO
| $5.94M | 0.01% |
146,242
+46,000
| +46% | +$2.23M |
|
1615
Matador Resources
MTDR
$6.2B
| $5.94M | 0.01% |
+382,700
| New | +$9.62M |
|
1616
Community Bank
CBU
$3.41B
| $5.92M | 0.01% |
101,600
+50,692
| +100% | +$3.06M |
|
1617
AZZ Inc
AZZ
$4.35B
| $5.92M | 0.01% |
146,700
-21,000
| -13% | -$949K |
|
1618
Century Casinos
CNTY
$34M
| $5.91M | 0.01% |
798,997
-136,843
| -15% | -$935K |
|
1619
Galicia Financial Group
GGAL
$7.99B
| $5.9M | 0.01% |
214,083
+178,283
| +498% | +$4.53M |
|
1620
Liberty Media Series A
FWONA
$22.5B
| $5.86M | 0.01% |
205,891
+58,308
| +40% | +$1.72M |
|
|
SIFI
1621
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $5.8M | 0.01% |
456,035
-10,808
| -2% | -$146K |
|
1622
Builders FirstSource
BLDR
$7.15B
| $5.77M | 0.01% |
528,868
+260,838
| +97% | +$3.28M |
|
1623
Dawson Geophysical
DWSN
$145M
| $5.76M | 0.01% |
1,702,834
+43,329
| +3% | +$206K |
|
1624
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $5.75M | 0.01% |
168,100
+141,100
| +523% | +$5M |
|
1625
West Bancorporation
WTBA
$478M
| $5.75M | 0.01% |
301,202
+13,001
| +5% | +$275K |
|
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.