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 | |
|---|---|---|---|---|---|---|
|
RETA
1651
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $5.57M | 0.01% |
99,300
+79,798
| +409% | +$4.87M |
|
1652
Gerdau
GGB
$9.74B
| $5.56M | 0.01% |
1,863,917
-7,696,206
| -81% | -$24.9M |
|
1653
Asbury Automotive
ABG
$4.31B
| $5.55M | 0.01% |
+83,200
| New | +$5.47M |
|
1654
Commerce Bancshares
CBSH
$8.53B
| $5.53M | 0.01% |
+137,906
| New | +$5.91M |
|
|
EXPR
1655
DELISTED
Express, Inc.
EXPR
| $5.52M | 0.01% |
54,030
+33,560
| +164% | +$5.18M |
|
1656
HUB Group
HUBG
$2.85B
| $5.51M | 0.01% |
297,472
+135,600
| +84% | +$2.91M |
|
1657
The Bancorp
TBBK
$2.79B
| $5.51M | 0.01% |
692,400
+155,000
| +29% | +$1.45M |
|
|
SRCL
1658
DELISTED
Stericycle Inc
SRCL
| $5.51M | 0.01% |
+150,220
| New | +$7.05M |
|
1659
Cato Corp
CATO
$68.3M
| $5.51M | 0.01% |
386,150
+276,400
| +252% | +$4.76M |
|
1660
Ternium
TX
$9.67B
| $5.5M | 0.01% |
203,000
-183,000
| -47% | -$5.46M |
|
1661
Talos Energy
TALO
$2.53B
| $5.49M | 0.01% |
336,638
-25,700
| -7% | -$607K |
|
|
COUP
1662
DELISTED
Coupa Software Incorporated
COUP
| $5.49M | 0.01% |
87,400
-293,000
| -77% | -$18.5M |
|
|
SCWX
1663
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $5.49M | 0.01% |
325,165
-92,135
| -22% | -$1.44M |
|
1664
Repligen
RGEN
$7.96B
| $5.49M | 0.01% |
+104,104
| New | +$6.11M |
|
|
GOV
1665
DELISTED
Government Properties Income Trust
GOV
| $5.48M | 0.01% |
797,670
+252,870
| +46% | +$2.25M |
|
1666
Terreno Realty
TRNO
$7.57B
| $5.47M | 0.01% |
155,600
+19,600
| +14% | +$732K |
|
1667
Vermilion Energy
VET
$1.82B
| $5.47M | 0.01% |
259,500
+126,800
| +96% | +$3.29M |
|
|
LGF.B
1668
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $5.46M | 0.01% |
367,100
-99,500
| -21% | -$1.8M |
|
1669
Shore Bancshares
SHBI
$819M
| $5.45M | 0.01% |
374,800
+200
| +0.1% | +$3.21K |
|
|
TGA
1670
DELISTED
Transglobe Energy Corp
TGA
| $5.43M | 0.01% |
2,906,467
-256,600
| -8% | -$603K |
|
1671
Prudential Financial
PRU
$42.4B
| $5.43M | 0.01% |
66,600
-933,900
| -93% | -$86M |
|
1672
Marchex
MCHX
$76.2M
| $5.43M | 0.01% |
2,047,634
+256,500
| +14% | +$722K |
|
1673
Bar Harbor Bankshares
BHB
$665M
| $5.42M | 0.01% |
241,850
+6,400
| +3% | +$159K |
|
1674
iShares Gold Trust
IAU
$62.9B
| $5.42M | 0.01% |
220,700
+133,000
| +152% | +$3.13M |
|
1675
Neurocrine Biosciences
NBIX
$16.8B
| $5.42M | 0.01% |
+75,841
| New | +$7.27M |
|
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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.