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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$327M |
| 2 |
Chipotle Mexican Grill
CMG
|
+$271M |
| 3 |
Chevron
CVX
|
+$264M |
| 4 |
JPMorgan Chase
JPM
|
+$233M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$707M |
| 2 |
Johnson & Johnson
JNJ
|
+$396M |
| 3 |
Amazon
AMZN
|
+$312M |
| 4 |
Walmart Inc
WMT
|
+$285M |
| 5 |
Intuitive Surgical
ISRG
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.73% |
| 2 | Technology | 14.98% |
| 3 | Financials | 10.9% |
| 4 | Consumer Discretionary | 8.96% |
| 5 | Real Estate | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1651
CareTrust REIT
CTRE
$9.84B
| $6.3M | 0.01% |
355,800
-40,300
| -10% | -$710K |
|
1652
Iron Mountain
IRM
$37.1B
| $6.3M | 0.01% |
182,500
+175,486
| +2,502% | +$6.25M |
|
1653
STAG Industrial
STAG
$7.43B
| $6.3M | 0.01% |
229,100
-17,500
| -7% | -$488K |
|
|
TMHC
1654
DELISTED
Taylor Morrison
TMHC
| $6.28M | 0.01% |
348,100
-422,100
| -55% | -$8.39M |
|
|
OSG
1655
Octave Specialty Group
OSG
$250M
| $6.27M | 0.01% |
307,000
-63,200
| -17% | -$1.32M |
|
|
EFOR
1656
Everforth Inc
EFOR
$1.13B
| $6.25M | 0.01% |
+79,194
| New | +$6.84M |
|
1657
Southern First Bancshares
SFST
$579M
| $6.25M | 0.01% |
158,900
+2,179
| +1% | +$93.9K |
|
|
ACH
1658
DELISTED
Alum Corp of China Ltd
ACH
| $6.23M | 0.01% |
562,000
-93,500
| -14% | -$982K |
|
1659
Nelnet
NNI
$4.88B
| $6.21M | 0.01% |
108,700
-17,000
| -14% | -$995K |
|
|
TST
1660
DELISTED
TheStreet, Inc.
TST
| $6.21M | 0.01% |
282,350
-240
| -0.1% | -$5.29K |
|
1661
Korn Ferry
KFY
$4.18B
| $6.2M | 0.01% |
126,000
-112,400
| -47% | -$6.92M |
|
|
LBY
1662
DELISTED
Libbey, Inc.
LBY
| $6.19M | 0.01% |
707,300
-42,900
| -6% | -$394K |
|
1663
Bright Horizons
BFAM
$4.1B
| $6.19M | 0.01% |
52,500
-138,800
| -73% | -$15.7M |
|
|
PFNX
1664
DELISTED
Pfenex Inc.
PFNX
| $6.16M | 0.01% |
1,206,005
+189,705
| +19% | +$974K |
|
|
CDR
1665
DELISTED
Cedar Realty Trust, Inc
CDR
| $6.16M | 0.01% |
200,230
+33,831
| +20% | +$1.04M |
|
1666
Grupo Aval
AVAL
$6.11B
| $6.15M | 0.01% |
792,767
+145,207
| +22% | +$1.15M |
|
|
GOV
1667
DELISTED
Government Properties Income Trust
GOV
| $6.15M | 0.01% |
544,800
+191,700
| +54% | +$2.98M |
|
|
SPNE
1668
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $6.13M | 0.01% |
393,800
-64,200
| -14% | -$909K |
|
1669
Patrick Industries
PATK
$2.79B
| $6.12M | 0.01% |
154,953
+73,834
| +91% | +$3.04M |
|
|
SCWX
1670
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $6.11M | 0.01% |
417,300
+30,300
| +8% | +$397K |
|
1671
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $6.11M | 0.01% |
73,100
-22,300
| -23% | -$1.87M |
|
1672
First Bancorp
FNLC
$394M
| $6.1M | 0.01% |
210,500
+5,900
| +3% | +$174K |
|
1673
Bloomin' Brands
BLMN
$759M
| $6.07M | 0.01% |
306,800
-146,600
| -32% | -$2.86M |
|
1674
Upland Software
UPLD
$13.6M
| $6.07M | 0.01% |
18,780
-10,340
| -36% | -$3.58M |
|
|
WPX
1675
DELISTED
WPX Energy, Inc.
WPX
| $6.06M | 0.01% |
301,000
-1,009,600
| -77% | -$18.7M |
|
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Renaissance Technologies's Q3 2018 Portfolio in Review
As of Q3 2018, Renaissance Technologies held 3,734 positions worth $97.3B, up 6% from $91.7B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Renaissance Technologies's Q3 2018 filing shows 508 new, 1,623 increased, 1,169 reduced and 410 closed positions. Its largest new stake was JPMorgan Chase: 2,054,913 shares worth $232M. The largest sale was Apple, an estimated $707M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q3 2018 buy was JPMorgan Chase: 2,054,913 shares worth $232M.
- Renaissance Technologies added most to Twenty-First Century Fox, Inc. Class A in Q3 2018, an estimated $327M increase.
- Renaissance Technologies's biggest Q3 2018 reduction was Johnson & Johnson, cutting an estimated $396M.
- Renaissance Technologies fully exited Apple in Q3 2018, selling an estimated $707M.
- Renaissance Technologies's ten largest holdings make up 9.7% of its $97.3B portfolio in Q3 2018.
- Renaissance Technologies opened 508 new positions and closed 410 in Q3 2018.
- Renaissance Technologies's portfolio value rose 6% quarter-over-quarter to $97.3B.
Based on Renaissance Technologies's 13F filing for Q3 2018, filed 13 Nov 2018.