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 | |
|---|---|---|---|---|---|---|
151
Teradyne
TER
$50.2B
| $163M | 0.15% |
4,099,200
+2,336,100
| +132% | +$87.3M |
|
152
Mid-America Apartment Communities
MAA
$15.8B
| $163M | 0.15% |
1,487,690
+10,540
| +0.7% | +$1.08M |
|
153
Usana Health Sciences
USNA
$429M
| $160M | 0.15% |
1,907,366
+25,692
| +1% | +$2.68M |
|
154
Walmart Inc
WMT
$900B
| $160M | 0.15% |
4,913,253
+4,837,053
| +6,348% | +$157M |
|
155
Arch Capital
ACGL
$37.2B
| $159M | 0.14% |
4,917,600
-131,500
| -3% | -$4M |
|
156
AT&T
T
$169B
| $158M | 0.14% |
+6,690,153
| New | +$154M |
|
157
Micron Technology
MU
$927B
| $158M | 0.14% |
3,830,675
-790,836
| -17% | -$30.6M |
|
158
PVH
PVH
$4.01B
| $158M | 0.14% |
1,295,845
-5,500
| -0.4% | -$602K |
|
159
Pfizer
PFE
$144B
| $157M | 0.14% |
+3,906,273
| New | +$156M |
|
160
Charter Communications
CHTR
$16.7B
| $156M | 0.14% |
+451,100
| New | +$149M |
|
161
Lamb Weston
LW
$7.51B
| $154M | 0.14% |
2,053,200
+131,000
| +7% | +$9.28M |
|
162
Sun Communities
SUI
$15.3B
| $153M | 0.14% |
1,288,800
-271,000
| -17% | -$30.1M |
|
163
CMS Energy
CMS
$23B
| $151M | 0.14% |
2,714,900
-729,500
| -21% | -$38.5M |
|
164
DexCom
DXCM
$28.9B
| $150M | 0.14% |
5,048,564
+1,150,212
| +30% | +$40.4M |
|
165
GE Aerospace
GE
$377B
| $150M | 0.14% |
+3,011,486
| New | +$142M |
|
166
Shopify
SHOP
$169B
| $149M | 0.14% |
7,206,000
+7,148,000
| +12,324% | +$126M |
|
167
Waters Corp
WAT
$37.7B
| $147M | 0.13% |
584,725
-171,400
| -23% | -$39.1M |
|
168
Factset
FDS
$10.1B
| $147M | 0.13% |
591,600
+97,700
| +20% | +$21.8M |
|
169
Ecopetrol
EC
$32.5B
| $146M | 0.13% |
6,796,100
-508,000
| -7% | -$9.95M |
|
170
UGI
UGI
$7.92B
| $146M | 0.13% |
2,626,550
-116,900
| -4% | -$6.4M |
|
171
HEICO Corp Class A
HEI.A
$36.8B
| $145M | 0.13% |
1,727,745
-107,900
| -6% | -$7.91M |
|
|
SNP
172
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $145M | 0.13% |
1,821,240
+201,740
| +12% | +$16.5M |
|
173
National Beverage
FIZZ
$3.05B
| $143M | 0.13% |
4,967,000
+333,200
| +7% | +$11.9M |
|
|
MLNX
174
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $143M | 0.13% |
1,210,783
+382,727
| +46% | +$38.5M |
|
175
Cheniere Energy
LNG
$52.8B
| $142M | 0.13% |
2,076,040
-753,348
| -27% | -$49.5M |
|
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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.