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 |
Baidu
BIDU
|
+$462M |
| 2 |
AGN
Allergan plc
AGN
|
+$390M |
| 3 |
AT&T
T
|
+$371M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$353M |
| 5 |
NextEra Energy
NEE
|
+$326M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.97B |
| 2 |
Meta Platforms (Facebook)
META
|
+$435M |
| 3 |
Pfizer
PFE
|
+$377M |
| 4 |
GE Aerospace
GE
|
+$354M |
| 5 |
Starbucks
SBUX
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.43% |
| 2 | Technology | 12.71% |
| 3 | Consumer Staples | 9.79% |
| 4 | Financials | 8.2% |
| 5 | Utilities | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1751
Arcus Biosciences
RCUS
$3.56B
| $3.63M | ﹤0.01% |
261,416
+44,178
| +20% | +$549K |
|
|
SEI
1752
Solaris Energy Infrastructure
SEI
$3.49B
| $3.61M | ﹤0.01% |
687,875
-165,700
| -19% | -$1.74M |
|
1753
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.12B
| $3.59M | ﹤0.01% |
71,091
-47,309
| -40% | -$2.39M |
|
1754
Strategy Inc
MSTR
$37.2B
| $3.59M | ﹤0.01% |
304,000
+145,150
| +91% | +$1.97M |
|
|
ACOR
1755
DELISTED
Acorda Therapeutics
ACOR
| $3.56M | ﹤0.01% |
31,855
-289
| -0.9% | -$56.9K |
|
1756
Tredegar Corp
TG
$270M
| $3.56M | ﹤0.01% |
227,700
+64,600
| +40% | +$1.2M |
|
1757
Equity Bancshares
EQBK
$1.05B
| $3.55M | ﹤0.01% |
206,000
-10,900
| -5% | -$274K |
|
1758
Cartesian Therapeutics
RNAC
$257M
| $3.55M | ﹤0.01% |
49,163
+20,021
| +69% | +$1.93M |
|
1759
United Bankshares
UBSI
$6.65B
| $3.54M | ﹤0.01% |
+153,604
| New | +$4.82M |
|
1760
Metropolitan Bank Holding Corp
MCB
$1.15B
| $3.54M | ﹤0.01% |
131,605
+26,405
| +25% | +$1.1M |
|
|
TA
1761
DELISTED
TravelCenters of America LLC
TA
| $3.53M | ﹤0.01% |
361,199
-5,600
| -2% | -$80.6K |
|
1762
Distribution Solutions Group
DSGR
$1.61B
| $3.53M | ﹤0.01% |
264,200
+97,546
| +59% | +$2.13M |
|
1763
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.5B
| $3.52M | ﹤0.01% |
+106,300
| New | +$3.38M |
|
1764
Republic Bancorp
RBCAA
$1.96B
| $3.51M | ﹤0.01% |
106,300
-4,400
| -4% | -$174K |
|
1765
FS Bancorp
FSBW
$321M
| $3.5M | ﹤0.01% |
194,320
+16,420
| +9% | +$412K |
|
|
GRP.U
1766
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $3.49M | ﹤0.01% |
84,600
-180,000
| -68% | -$8.92M |
|
1767
WillScot Mobile Mini Holdings
WSC
$4.67B
| $3.49M | ﹤0.01% |
344,600
-435,100
| -56% | -$7.07M |
|
1768
Titan Machinery
TITN
$448M
| $3.48M | ﹤0.01% |
400,800
-3,100
| -0.8% | -$35.2K |
|
1769
QuinStreet
QNST
$874M
| $3.47M | ﹤0.01% |
431,600
+410,600
| +1,955% | +$5.06M |
|
1770
Natural Gas Services Group
NGS
$469M
| $3.47M | ﹤0.01% |
778,268
+84,662
| +12% | +$794K |
|
|
WORK
1771
DELISTED
Slack Technologies, Inc.
WORK
| $3.47M | ﹤0.01% |
+129,300
| New | +$3.12M |
|
1772
Byline Bancorp
BY
$1.79B
| $3.46M | ﹤0.01% |
333,700
+68,700
| +26% | +$1.16M |
|
1773
Itron
ITRI
$4.5B
| $3.46M | ﹤0.01% |
61,961
-116,700
| -65% | -$8.87M |
|
1774
Cathay General Bancorp
CATY
$4.26B
| $3.46M | ﹤0.01% |
+150,671
| New | +$4.82M |
|
|
AGNT
1775
AGNT Inc
AGNT
$690M
| $3.45M | ﹤0.01% |
815,458
+321,400
| +65% | +$1.64M |
|
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Renaissance Technologies's Q1 2020 Portfolio in Review
As of Q1 2020, Renaissance Technologies held 4,047 positions worth $103B, down 21% from $130B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Renaissance Technologies's Q1 2020 filing shows 573 new, 1,474 increased, 1,328 reduced and 645 closed positions. Its largest new stake was AT&T: 13,563,699 shares worth $299M. The largest sale was Tesla, an estimated $1.97B.
By sector, the portfolio is most concentrated in Healthcare at 25% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Staples.
- Renaissance Technologies's largest Q1 2020 buy was AT&T: 13,563,699 shares worth $299M.
- Renaissance Technologies added most to Baidu in Q1 2020, an estimated $462M increase.
- Renaissance Technologies's biggest Q1 2020 reduction was Tesla, cutting an estimated $1.97B.
- Renaissance Technologies fully exited Phillips 66 in Q1 2020, selling an estimated $214M.
- Renaissance Technologies's ten largest holdings make up 15% of its $103B portfolio in Q1 2020.
- Renaissance Technologies opened 573 new positions and closed 645 in Q1 2020.
- Renaissance Technologies's portfolio value fell 21% quarter-over-quarter to $103B.
Based on Renaissance Technologies's 13F filing for Q1 2020, filed 14 May 2020.