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 | |
|---|---|---|---|---|---|---|
|
DOC
1751
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $5.42M | 0.01% |
+321,400
| New | +$5.33M |
|
1752
Jakks Pacific
JAKK
$302M
| $5.41M | 0.01% |
212,320
-1,850
| -0.9% | -$46.5K |
|
|
FLG
1753
Flagstar Bank National Association
FLG
$5.94B
| $5.39M | 0.01% |
+173,242
| New | +$5.68M |
|
1754
RF Industries
RFIL
$130M
| $5.37M | 0.01% |
756,072
+50,770
| +7% | +$479K |
|
1755
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $5.37M | 0.01% |
56,400
+9,100
| +19% | +$822K |
|
|
PYX
1756
DELISTED
Pyxus International, Inc.
PYX
| $5.37M | 0.01% |
+233,280
| New | +$5.39M |
|
1757
Saga Communications
SGA
$57.4M
| $5.36M | 0.01% |
148,286
+7,786
| +6% | +$289K |
|
1758
National CineMedia
NCMI
$375M
| $5.34M | 0.01% |
50,424
+35,596
| +240% | +$3.16M |
|
1759
Consolidated Water Co
CWCO
$474M
| $5.34M | 0.01% |
385,303
+7,203
| +2% | +$99.6K |
|
1760
Lesaka Technologies
LSAK
$399M
| $5.33M | 0.01% |
666,900
+10,400
| +2% | +$87.3K |
|
|
EPAY
1761
DELISTED
Bottomline Technologies Inc
EPAY
| $5.29M | 0.01% |
72,800
-206,200
| -74% | -$12.6M |
|
1762
Gildan
GIL
$9.72B
| $5.29M | 0.01% |
+173,900
| New | +$5.05M |
|
|
EXFO
1763
DELISTED
EXFO INC.
EXFO
| $5.28M | 0.01% |
1,390,372
-85,910
| -6% | -$331K |
|
|
WAGE
1764
DELISTED
WageWorks, Inc.
WAGE
| $5.26M | 0.01% |
+123,085
| New | +$6.21M |
|
1765
Black Stone Minerals
BSM
$3.14B
| $5.25M | 0.01% |
288,581
+3,826
| +1% | +$69.6K |
|
1766
HF Sinclair
DINO
$16.7B
| $5.25M | 0.01% |
75,082
-1,530,150
| -95% | -$108M |
|
1767
Rocky Mountain Chocolate Factory
RMCF
$8.12M
| $5.24M | 0.01% |
511,377
+1,192
| +0.2% | +$12.5K |
|
1768
Citizens & Northern Corp
CZNC
$456M
| $5.24M | 0.01% |
200,400
-8,300
| -4% | -$227K |
|
1769
Friedman Industries
FRD
$242M
| $5.22M | 0.01% |
554,225
+21,325
| +4% | +$208K |
|
1770
BCB Bancorp
BCBP
$177M
| $5.22M | 0.01% |
376,700
+14,584
| +4% | +$215K |
|
1771
Capital City Bank Group
CCBG
$883M
| $5.21M | 0.01% |
223,299
-6,218
| -3% | -$152K |
|
1772
Walker & Dunlop
WD
$1.68B
| $5.21M | 0.01% |
98,500
+91,100
| +1,231% | +$5.06M |
|
|
RSYS
1773
DELISTED
Radisys Corp
RSYS
| $5.18M | 0.01% |
3,179,198
+20,900
| +0.7% | +$32.4K |
|
|
USAK
1774
DELISTED
USA Truck Inc
USAK
| $5.18M | 0.01% |
256,000
-33,500
| -12% | -$732K |
|
|
LAND
1775
Gladstone Land Corp
LAND
$357M
| $5.18M | 0.01% |
419,600
-175,719
| -30% | -$2.21M |
|
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.