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 | |
|---|---|---|---|---|---|---|
1701
Arbor Realty Trust
ABR
$919M
| $5.84M | 0.01% |
508,500
-1,833,202
| -78% | -$21.1M |
|
|
NPKI
1702
NPK International
NPKI
$1.09B
| $5.82M | 0.01% |
562,350
+105,350
| +23% | +$1.08M |
|
1703
Preformed Line Products
PLPC
$1.81B
| $5.82M | 0.01% |
82,800
+12,500
| +18% | +$1.03M |
|
|
FTR
1704
DELISTED
Frontier Communications Corp.
FTR
| $5.8M | 0.01% |
893,073
+557,000
| +166% | +$3.04M |
|
|
QUOT
1705
DELISTED
Quotient Technology Inc
QUOT
| $5.79M | 0.01% |
373,400
-175,189
| -32% | -$2.55M |
|
1706
Transact Technologies
TACT
$50.9M
| $5.78M | 0.01% |
401,500
+12,400
| +3% | +$166K |
|
1707
America's Car Mart
CRMT
$26M
| $5.78M | 0.01% |
73,872
+4,600
| +7% | +$334K |
|
|
PMBC
1708
DELISTED
Pacific Mercantile Bancorp
PMBC
| $5.78M | 0.01% |
617,800
+42,600
| +7% | +$420K |
|
1709
Gaia
GAIA
$46.6M
| $5.74M | 0.01% |
372,900
-112,000
| -23% | -$2.01M |
|
1710
Seres Therapeutics
MCRB
$45.5M
| $5.74M | 0.01% |
37,830
+1,235
| +3% | +$200K |
|
1711
First Hawaiian
FHB
$3.4B
| $5.74M | 0.01% |
211,400
-12,600
| -6% | -$360K |
|
1712
Perrigo
PRGO
$1.4B
| $5.74M | 0.01% |
81,100
-616,408
| -88% | -$46.3M |
|
|
RDUS
1713
DELISTED
Radius Recycling
RDUS
| $5.74M | 0.01% |
212,196
+47,400
| +29% | +$1.42M |
|
1714
First Northwest Bancorp
FNWB
$112M
| $5.73M | 0.01% |
372,200
+18,900
| +5% | +$304K |
|
|
VSTO
1715
DELISTED
Vista Outdoor Inc.
VSTO
| $5.72M | 0.01% |
319,900
+294,900
| +1,180% | +$5.06M |
|
1716
Ethan Allen Interiors
ETD
$568M
| $5.71M | 0.01% |
275,300
+170,100
| +162% | +$3.89M |
|
1717
Bankwell Financial Group
BWFG
$540M
| $5.71M | 0.01% |
181,998
-2,902
| -2% | -$92.3K |
|
|
SMMF
1718
DELISTED
Summit Financial Group, Inc.
SMMF
| $5.71M | 0.01% |
245,895
+960
| +0.4% | +$24.4K |
|
|
LFC
1719
DELISTED
China Life Insurance Company Ltd.
LFC
| $5.7M | 0.01% |
500,435
+483,035
| +2,776% | +$5.75M |
|
1720
OR Royalties Inc
OR
$5.65B
| $5.7M | 0.01% |
750,574
+300,198
| +67% | +$2.57M |
|
1721
Inseego
INSG
$115M
| $5.7M | 0.01% |
147,910
+102,720
| +227% | +$2.85M |
|
1722
U-Haul Holding Co
UHAL
$13.7B
| $5.69M | 0.01% |
+159,660
| New | +$5.89M |
|
1723
Interparfums
IPAR
$3.97B
| $5.68M | 0.01% |
88,213
-50,087
| -36% | -$3.08M |
|
|
PFPT
1724
DELISTED
Proofpoint, Inc.
PFPT
| $5.68M | 0.01% |
53,400
-322,800
| -86% | -$37.6M |
|
1725
Gencor Industries
GENC
$212M
| $5.67M | 0.01% |
470,500
+29,300
| +7% | +$403K |
|
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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.