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 | |
|---|---|---|---|---|---|---|
1601
LPL Financial
LPLA
$28.3B
| $7.19M | 0.01% |
87,800
+56,000
| +176% | +$4.48M |
|
|
CADE
1602
DELISTED
Cadence Bancorporation
CADE
| $7.19M | 0.01% |
+409,847
| New | +$7.01M |
|
1603
Ascendis Pharma A/S
ASND
$16B
| $7.18M | 0.01% |
74,599
-105,200
| -59% | -$11.7M |
|
|
ACC
1604
DELISTED
American Campus Communities, Inc.
ACC
| $7.18M | 0.01% |
149,328
-106,800
| -42% | -$5.05M |
|
|
NWLI
1605
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $7.14M | 0.01% |
26,602
+4,434
| +20% | +$1.17M |
|
1606
Crawford & Co Class A
CRD.A
$532M
| $7.13M | 0.01% |
655,624
+76,819
| +13% | +$788K |
|
1607
Enel Chile
ENIC
$6.14B
| $7.11M | 0.01% |
1,689,326
+288,920
| +21% | +$1.27M |
|
1608
Vail Resorts
MTN
$5.32B
| $7.1M | 0.01% |
+31,200
| New | +$7.37M |
|
1609
Popular Inc
BPOP
$11.2B
| $7.09M | 0.01% |
131,125
-200,770
| -60% | -$10.9M |
|
|
LN
1610
DELISTED
LINE Corporation
LN
| $7.08M | 0.01% |
196,860
+22,560
| +13% | +$751K |
|
|
SNCR
1611
DELISTED
Synchronoss Technologies
SNCR
| $7.04M | 0.01% |
144,900
+47,876
| +49% | +$3.25M |
|
1612
Harrow
HROW
$1.45B
| $7.04M | 0.01% |
1,252,706
+106,200
| +9% | +$695K |
|
1613
Movado Group
MOV
$849M
| $7.03M | 0.01% |
282,836
-72,500
| -20% | -$1.8M |
|
|
PRMW
1614
DELISTED
Primo Water Corporation
PRMW
| $7.03M | 0.01% |
572,555
-335,200
| -37% | -$4.34M |
|
1615
Advanced Drainage Systems
WMS
$10.6B
| $7.01M | 0.01% |
217,200
+195,700
| +910% | +$6.35M |
|
|
FARM
1616
DELISTED
Farmer Brothers
FARM
| $6.98M | 0.01% |
539,300
+69,900
| +15% | +$1.01M |
|
1617
VEON
VEON
$3.62B
| $6.98M | 0.01% |
116,358
-74,257
| -39% | -$5.09M |
|
|
DRNA
1618
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $6.97M | 0.01% |
+485,400
| New | +$6.94M |
|
1619
Equity Bancshares
EQBK
$1.04B
| $6.96M | 0.01% |
259,600
-59,200
| -19% | -$1.55M |
|
1620
AAR Corp
AIR
$5.59B
| $6.96M | 0.01% |
168,760
+41,200
| +32% | +$1.73M |
|
|
XHR
1621
Xenia Hotels & Resorts
XHR
$1.9B
| $6.94M | 0.01% |
328,560
-115,600
| -26% | -$2.42M |
|
1622
Insight Enterprises
NSIT
$3.89B
| $6.93M | 0.01% |
+124,471
| New | +$6.58M |
|
1623
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $6.93M | 0.01% |
238,200
+67,800
| +40% | +$1.95M |
|
|
SIVB
1624
DELISTED
SVB Financial Group
SIVB
| $6.93M | 0.01% |
+33,157
| New | +$6.95M |
|
1625
Advance Auto Parts
AAP
$3.35B
| $6.9M | 0.01% |
41,700
-165,050
| -80% | -$24.8M |
|
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.