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 | |
|---|---|---|---|---|---|---|
|
TMX
1626
DELISTED
Terminix Global Holdings, Inc.
TMX
| $5.73M | 0.01% |
155,900
-725,119
| -82% | -$30.1M |
|
|
QEP
1627
DELISTED
QEP RESOURCES, INC.
QEP
| $5.73M | 0.01% |
+1,017,025
| New | +$8.93M |
|
1628
National CineMedia
NCMI
$376M
| $5.72M | 0.01% |
88,285
+37,861
| +75% | +$2.98M |
|
1629
Northrim BanCorp
NRIM
$590M
| $5.72M | 0.01% |
696,068
-31,932
| -4% | -$294K |
|
|
CBM
1630
DELISTED
Cambrex Corporation
CBM
| $5.7M | 0.01% |
+151,000
| New | +$7.64M |
|
|
NGD
1631
DELISTED
New Gold Inc
NGD
| $5.69M | 0.01% |
7,516,893
+1,184,509
| +19% | +$957K |
|
1632
Beazer Homes USA
BZH
$877M
| $5.69M | 0.01% |
599,760
+468,988
| +359% | +$4.67M |
|
|
CVRR
1633
DELISTED
CVR Refining, LP
CVRR
| $5.68M | 0.01% |
544,335
+532,375
| +4,451% | +$8.36M |
|
1634
Funko
FNKO
$326M
| $5.68M | 0.01% |
431,600
-100,900
| -19% | -$1.68M |
|
|
OMCC
1635
DELISTED
Old Market Capital Corp
OMCC
| $5.67M | 0.01% |
544,765
+827
| +0.2% | +$9.32K |
|
|
LKFT
1636
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.78B
| $5.66M | 0.01% |
61,700
-60,600
| -50% | -$6.14M |
|
1637
Sally Beauty Holdings
SBH
$1.43B
| $5.66M | 0.01% |
+331,900
| New | +$6.21M |
|
1638
Chubb
CB
$135B
| $5.66M | 0.01% |
43,783
-289,663
| -87% | -$37.4M |
|
|
ARA
1639
DELISTED
American Renal Associates Holdings, Inc
ARA
| $5.65M | 0.01% |
490,760
+32,960
| +7% | +$562K |
|
1640
Puma Biotechnology
PBYI
$404M
| $5.65M | 0.01% |
+277,600
| New | +$8.33M |
|
|
TST
1641
DELISTED
TheStreet, Inc.
TST
| $5.65M | 0.01% |
278,216
-4,134
| -1% | -$80.8K |
|
|
AVH
1642
DELISTED
AVIANCA HOLDINGS S.A.
AVH
| $5.64M | 0.01% |
1,390,210
-13,300
| -0.9% | -$67.3K |
|
|
BHR
1643
Braemar Hotels & Resorts
BHR
$156M
| $5.63M | 0.01% |
636,957
-56,846
| -8% | -$567K |
|
|
FTR
1644
DELISTED
Frontier Communications Corp.
FTR
| $5.63M | 0.01% |
2,364,273
+1,471,200
| +165% | +$6.23M |
|
|
MDC
1645
DELISTED
M.D.C. Holdings, Inc.
MDC
| $5.62M | 0.01% |
+233,116
| New | +$5.63M |
|
|
EGIO
1646
DELISTED
Edgio, Inc. Common Stock
EGIO
| $5.61M | 0.01% |
59,893
-8,528
| -12% | -$1.25M |
|
1647
UFP Industries
UFPI
$4.9B
| $5.6M | 0.01% |
215,809
+131,900
| +157% | +$3.79M |
|
1648
German American Bancorp
GABC
$1.91B
| $5.59M | 0.01% |
201,400
+30,900
| +18% | +$961K |
|
|
CMD
1649
DELISTED
Cantel Medical Corporation
CMD
| $5.59M | 0.01% |
75,025
-11,100
| -13% | -$916K |
|
1650
Digi International
DGII
$2.63B
| $5.58M | 0.01% |
553,284
+66,300
| +14% | +$767K |
|
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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.