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
|
+$453M |
| 2 |
CELG
Celgene Corp
CELG
|
+$391M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$389M |
| 4 |
GE Aerospace
GE
|
+$378M |
| 5 |
Johnson & Johnson
JNJ
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$307M |
| 2 |
Costco
COST
|
+$279M |
| 3 |
Lowe's Companies
LOW
|
+$273M |
| 4 |
Microsoft
MSFT
|
+$230M |
| 5 |
Chevron
CVX
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.59% |
| 2 | Technology | 14.11% |
| 3 | Financials | 10.92% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Real Estate | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ZVO
1701
DELISTED
Zovio Inc. Common Stock
ZVO
| $6.12M | 0.01% |
1,709,014
+148,114
| +9% | +$738K |
|
|
HLG
1702
DELISTED
Hailiang Education Group Inc. American Depositary Shares
HLG
| $6.11M | 0.01% |
104,801
-25,799
| -20% | -$1.34M |
|
1703
Helios Technologies
HLIO
$2.47B
| $6.1M | 0.01% |
131,350
-44,700
| -25% | -$2.09M |
|
1704
Crawford & Co Class A
CRD.A
$542M
| $6.09M | 0.01% |
578,805
+36,285
| +7% | +$331K |
|
|
TCF
1705
DELISTED
TCF Financial Corporation Common Stock
TCF
| $6.09M | 0.01% |
148,269
-22,100
| -13% | -$917K |
|
1706
Laureate Education
LAUR
$5.38B
| $6.08M | 0.01% |
387,176
+14,600
| +4% | +$233K |
|
|
NGHC
1707
DELISTED
National General Holdings Corp
NGHC
| $6.08M | 0.01% |
264,800
+144,200
| +120% | +$3.44M |
|
|
SRGA
1708
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $6.07M | 0.01% |
47,592
-273
| -0.6% | -$39.3K |
|
1709
Unilever
UL
$142B
| $6.06M | 0.01% |
86,933
-230,703
| -73% | -$15.7M |
|
1710
MillerKnoll
MLKN
$1.56B
| $6.05M | 0.01% |
135,265
-42,300
| -24% | -$1.6M |
|
1711
ASE Group
ASX
$68.3B
| $6.04M | 0.01% |
1,528,249
+202,300
| +15% | +$845K |
|
1712
Independent Bank
INDB
$4.04B
| $6.03M | 0.01% |
79,182
+72,282
| +1,048% | +$5.63M |
|
1713
CEVA Inc
CEVA
$831M
| $6.03M | 0.01% |
247,600
+108,800
| +78% | +$2.67M |
|
|
SEI
1714
Solaris Energy Infrastructure
SEI
$2.66B
| $6.02M | 0.01% |
401,800
+328,500
| +448% | +$5.45M |
|
1715
Vaalco Energy
EGY
$562M
| $6.01M | 0.01% |
3,596,157
+403,732
| +13% | +$789K |
|
1716
Eastern Company
EML
$145M
| $5.98M | 0.01% |
213,500
-1,800
| -0.8% | -$48.3K |
|
1717
First Bancorp
FNLC
$401M
| $5.98M | 0.01% |
222,664
+664
| +0.3% | +$17.1K |
|
|
EGLE
1718
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $5.97M | 0.01% |
162,855
-3,386
| -2% | -$120K |
|
|
SRT
1719
DELISTED
Startek Inc.
SRT
| $5.95M | 0.01% |
728,500
+85,400
| +13% | +$653K |
|
1720
Fair Isaac
FICO
$31.8B
| $5.95M | 0.01% |
+18,950
| New | +$5.5M |
|
|
LTC
1721
LTC Properties
LTC
$2.13B
| $5.94M | 0.01% |
130,000
-185,100
| -59% | -$8.4M |
|
|
HALL
1722
DELISTED
Hallmark Financial Services, Inc.
HALL
| $5.93M | 0.01% |
41,702
+10,136
| +32% | +$1.21M |
|
1723
White Mountains Insurance
WTM
$5.33B
| $5.92M | 0.01% |
5,800
-10,400
| -64% | -$10M |
|
1724
Citizens & Northern Corp
CZNC
$449M
| $5.92M | 0.01% |
224,910
+18,710
| +9% | +$510K |
|
|
CDR
1725
DELISTED
Cedar Realty Trust, Inc
CDR
| $5.87M | 0.01% |
335,446
+65,080
| +24% | +$1.3M |
|
Similar funds
Renaissance Technologies's Q2 2019 Portfolio in Review
As of Q2 2019, Renaissance Technologies held 3,913 positions worth $114B, up 3.3% from $110B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies's Q2 2019 filing shows 495 new, 1,847 increased, 1,145 reduced and 397 closed positions. Its largest new stake was Apple: 9,290,160 shares worth $460M. The largest sale was UnitedHealth, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
- Renaissance Technologies's largest Q2 2019 buy was Apple: 9,290,160 shares worth $460M.
- Renaissance Technologies added most to Celgene Corp in Q2 2019, an estimated $391M increase.
- Renaissance Technologies's biggest Q2 2019 reduction was Microsoft, cutting an estimated $230M.
- Renaissance Technologies fully exited UnitedHealth in Q2 2019, selling an estimated $307M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $114B portfolio in Q2 2019.
- Renaissance Technologies opened 495 new positions and closed 397 in Q2 2019.
- Renaissance Technologies's portfolio value rose 3.3% quarter-over-quarter to $114B.
Based on Renaissance Technologies's 13F filing for Q2 2019, filed 12 Aug 2019.