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 |
Starbucks
SBUX
|
+$618M |
| 2 |
Vale
VALE
|
+$332M |
| 3 |
CELG
Celgene Corp
CELG
|
+$309M |
| 4 |
CME Group
CME
|
+$306M |
| 5 |
Amazon
AMZN
|
+$290M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$435M |
| 2 |
Meta Platforms (Facebook)
META
|
+$342M |
| 3 |
Crown Castle
CCI
|
+$244M |
| 4 |
SLB Ltd
SLB
|
+$229M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.17% |
| 2 | Technology | 14.41% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Financials | 10.51% |
| 5 | Real Estate | 9.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GPMT
1651
Granite Point Mortgage Trust
GPMT
$69M
| $6.4M | 0.01% |
344,700
+324,100
| +1,573% | +$6.12M |
|
|
PENG
1652
Penguin Solutions Inc
PENG
$2.7B
| $6.37M | 0.01% |
663,000
+301,000
| +83% | +$3.9M |
|
1653
Las Vegas Sands
LVS
$31.7B
| $6.35M | 0.01% |
104,200
-494,100
| -83% | -$29.1M |
|
1654
Vericel Corp
VCEL
$2.35B
| $6.32M | 0.01% |
361,092
+63,100
| +21% | +$1.15M |
|
|
TRK
1655
DELISTED
Speedway Motorsports, Inc.
TRK
| $6.32M | 0.01% |
436,744
+19,956
| +5% | +$328K |
|
1656
Horace Mann Educators
HMN
$2.1B
| $6.32M | 0.01% |
179,400
+56,500
| +46% | +$2.19M |
|
1657
Natural Alternatives International
NAII
$14.4M
| $6.31M | 0.01% |
549,044
-1,371
| -0.2% | -$15.3K |
|
1658
Crane NXT
CXT
$2.99B
| $6.31M | 0.01% |
214,773
+60,459
| +39% | +$1.71M |
|
1659
Dillards
DDS
$9.19B
| $6.31M | 0.01% |
+87,600
| New | +$6.02M |
|
1660
Ollie's Bargain Outlet
OLLI
$4.44B
| $6.29M | 0.01% |
73,700
+68,300
| +1,265% | +$5.5M |
|
1661
M&T Bank
MTB
$35.7B
| $6.29M | 0.01% |
40,042
-113,300
| -74% | -$18.6M |
|
|
WIRE
1662
DELISTED
Encore Wire Corp
WIRE
| $6.27M | 0.01% |
109,637
+73,837
| +206% | +$4.1M |
|
|
WBT
1663
DELISTED
Welbilt, Inc.
WBT
| $6.27M | 0.01% |
382,700
+27,400
| +8% | +$400K |
|
1664
Herc Holdings
HRI
$5.02B
| $6.27M | 0.01% |
160,800
-148,300
| -48% | -$5.61M |
|
1665
ENI
E
$80.5B
| $6.26M | 0.01% |
177,750
+108,900
| +158% | +$3.7M |
|
|
VISN
1666
Vistance Networks Inc
VISN
$2.65B
| $6.26M | 0.01% |
288,200
-165,500
| -36% | -$3.48M |
|
|
LKFT
1667
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.78B
| $6.25M | 0.01% |
53,100
-8,600
| -14% | -$867K |
|
1668
MillerKnoll
MLKN
$1.53B
| $6.25M | 0.01% |
177,565
-118,900
| -40% | -$4.15M |
|
|
FMBI
1669
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $6.24M | 0.01% |
304,771
-22,757
| -7% | -$497K |
|
1670
Green Plains
GPRE
$1.18B
| $6.21M | 0.01% |
372,600
+352,200
| +1,726% | +$5.28M |
|
1671
Corpay
CPAY
$25B
| $6.21M | 0.01% |
+25,200
| New | +$5.45M |
|
1672
Seres Therapeutics
MCRB
$46.8M
| $6.2M | 0.01% |
45,110
+4,865
| +12% | +$593K |
|
1673
Expeditors International
EXPD
$22B
| $6.2M | 0.01% |
81,616
-145,300
| -64% | -$10.5M |
|
1674
Civista Bancshares
CIVB
$604M
| $6.18M | 0.01% |
283,191
-11,010
| -4% | -$218K |
|
|
BRG
1675
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $6.18M | 0.01% |
573,361
+275,400
| +92% | +$2.87M |
|
Similar funds
Renaissance Technologies's Q1 2019 Portfolio in Review
As of Q1 2019, Renaissance Technologies held 3,883 positions worth $110B, up 20% from $91.3B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
Renaissance Technologies deployed $7.09B of net new capital in Q1 2019, opening 532 new positions and adding to 1,751 existing holdings. Its largest new stake was Amazon: 3,483,100 shares worth $310M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $342M trimmed.
- Renaissance Technologies's largest Q1 2019 buy was Amazon: 3,483,100 shares worth $310M.
- Renaissance Technologies added most to Starbucks in Q1 2019, an estimated $618M increase.
- Renaissance Technologies's biggest Q1 2019 reduction was Meta Platforms (Facebook), cutting an estimated $342M.
- Renaissance Technologies fully exited Apple in Q1 2019, selling an estimated $435M.
- Renaissance Technologies's ten largest holdings make up 8.7% of its $110B portfolio in Q1 2019.
- Renaissance Technologies opened 532 new positions and closed 465 in Q1 2019.
- Renaissance Technologies's portfolio value rose 20% quarter-over-quarter to $110B.
Based on Renaissance Technologies's 13F filing for Q1 2019, filed 14 May 2019.