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 | |
|---|---|---|---|---|---|---|
1726
Alnylam Pharmaceuticals
ALNY
$27.4B
| $5.64M | 0.01% |
64,400
-311,000
| -83% | -$31.3M |
|
|
AVYA
1727
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $5.62M | 0.01% |
+253,849
| New | +$5.45M |
|
1728
John Wiley & Sons Class A
WLY
$2.66B
| $5.61M | 0.01% |
92,600
-25,405
| -22% | -$1.58M |
|
|
ENBL
1729
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $5.6M | 0.01% |
332,700
+314,700
| +1,748% | +$5.38M |
|
|
TGB
1730
Trekor Metals
TGB
$2.59B
| $5.6M | 0.01% |
6,994,904
+699,104
| +11% | +$585K |
|
|
RWT
1731
Redwood Trust
RWT
$585M
| $5.59M | 0.01% |
344,200
-545,500
| -61% | -$9.03M |
|
|
ELVT
1732
DELISTED
Elevate Credit, Inc.
ELVT
| $5.59M | 0.01% |
693,438
+529,638
| +323% | +$4.97M |
|
1733
Northeast Bank
NBN
$1.05B
| $5.58M | 0.01% |
257,200
-19,699
| -7% | -$431K |
|
|
WCC
1734
WESCO International
WCC
$16.7B
| $5.57M | 0.01% |
90,600
-46,000
| -34% | -$2.75M |
|
1735
Republic Bancorp
RBCAA
$1.93B
| $5.56M | 0.01% |
120,700
+18,400
| +18% | +$888K |
|
|
PPL
1736
PPL Corp
PPL
$26.8B
| $5.54M | 0.01% |
189,400
-1,308,100
| -87% | -$38.2M |
|
|
CGC
1737
Canopy Growth
CGC
$388M
| $5.54M | 0.01% |
+11,400
| New | +$4.22M |
|
|
AMNB
1738
DELISTED
American National Bankshares Inc
AMNB
| $5.53M | 0.01% |
141,771
+6,395
| +5% | +$260K |
|
1739
Protagonist Therapeutics
PTGX
$8.92B
| $5.53M | 0.01% |
537,200
+58,900
| +12% | +$507K |
|
|
MPX
1740
DELISTED
Marine Products Corp
MPX
| $5.52M | 0.01% |
241,000
+6,067
| +3% | +$121K |
|
1741
USA Compression Partners
USAC
$3.79B
| $5.51M | 0.01% |
333,800
+10,500
| +3% | +$177K |
|
1742
Natural Alternatives International
NAII
$15.2M
| $5.5M | 0.01% |
561,420
-2,958
| -0.5% | -$29.4K |
|
1743
SiriusPoint
SPNT
$2.78B
| $5.49M | 0.01% |
422,567
+233,000
| +123% | +$3.04M |
|
|
JWN
1744
DELISTED
Nordstrom
JWN
| $5.49M | 0.01% |
+91,700
| New | +$5.25M |
|
|
SPNS
1745
DELISTED
Sapiens International
SPNS
| $5.47M | 0.01% |
414,400
+25,300
| +7% | +$281K |
|
1746
Harley-Davidson
HOG
$2.59B
| $5.47M | 0.01% |
+120,800
| New | +$5.24M |
|
|
KNL
1747
DELISTED
Knoll, Inc.
KNL
| $5.46M | 0.01% |
232,900
+9,200
| +4% | +$208K |
|
|
GPMT
1748
Granite Point Mortgage Trust
GPMT
$64.7M
| $5.45M | 0.01% |
+282,700
| New | +$5.33M |
|
1749
FTAI Aviation
FTAI
$20.3B
| $5.45M | 0.01% |
350,695
-128,210
| -27% | -$2.02M |
|
1750
Zillow
ZG
$7.79B
| $5.44M | 0.01% |
123,000
-76,800
| -38% | -$4.02M |
|
Similar funds
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.