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 | |
|---|---|---|---|---|---|---|
1776
Aviat Networks
AVNW
$271M
| $5.17M | 0.01% |
639,766
-18,400
| -3% | -$151K |
|
|
AGTC
1777
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $5.17M | 0.01% |
707,500
+73,000
| +12% | +$320K |
|
|
ARII
1778
DELISTED
American Railcar Industries, Inc.
ARII
| $5.16M | 0.01% |
111,889
+65,389
| +141% | +$2.95M |
|
1779
The Bancorp
TBBK
$2.7B
| $5.15M | 0.01% |
537,400
+179,700
| +50% | +$1.82M |
|
|
CTG
1780
DELISTED
Computer Task Group, Inc.
CTG
| $5.15M | 0.01% |
986,500
+2,200
| +0.2% | +$13.8K |
|
1781
Ardelyx
ARDX
$1.25B
| $5.14M | 0.01% |
1,181,000
+405,860
| +52% | +$1.69M |
|
1782
Orion Group Holdings
ORN
$388M
| $5.13M | 0.01% |
679,289
+154,074
| +29% | +$1.32M |
|
1783
Terreno Realty
TRNO
$7.65B
| $5.13M | 0.01% |
136,000
-166,300
| -55% | -$6.23M |
|
1784
TransAlta
TAC
$4.06B
| $5.12M | 0.01% |
910,141
+260,800
| +40% | +$1.46M |
|
1785
CME Group
CME
$96.1B
| $5.12M | 0.01% |
30,088
-557,700
| -95% | -$93.9M |
|
|
NRE
1786
DELISTED
NorthStar Realty Europe Corp.
NRE
| $5.08M | 0.01% |
358,400
-322,400
| -47% | -$4.39M |
|
1787
GSI Technology
GSIT
$224M
| $5.06M | 0.01% |
733,752
+31,652
| +5% | +$217K |
|
|
SIOX
1788
DELISTED
Sio Gene Therapies Inc. Common Stock
SIOX
| $5.06M | 0.01% |
261,463
+98,513
| +60% | +$1.79M |
|
1789
Ascent Industries
ACNT
$140M
| $5.06M | 0.01% |
221,500
+7,626
| +4% | +$168K |
|
1790
KVH Industries
KVHI
$181M
| $5.06M | 0.01% |
386,000
+7,600
| +2% | +$95.7K |
|
|
PWOD
1791
DELISTED
Penns Woods Bancorp
PWOD
| $5.05M | 0.01% |
174,315
+7,365
| +4% | +$221K |
|
1792
Vale
VALE
$63.8B
| $5.05M | 0.01% |
340,100
+285,100
| +518% | +$3.85M |
|
1793
VanEck High Yield Muni ETF
HYD
$4.44B
| $5.05M | 0.01% |
81,042
-33,303
| -29% | -$2.09M |
|
1794
Lands' End
LE
$369M
| $5.03M | 0.01% |
286,814
+115,331
| +67% | +$2.71M |
|
1795
Liberty Media Series A
FWONA
$23.1B
| $5.03M | 0.01% |
147,583
+94,837
| +180% | +$3.15M |
|
|
NGD
1796
DELISTED
New Gold Inc
NGD
| $5.02M | 0.01% |
6,332,384
+3,441,350
| +119% | +$4.43M |
|
1797
TTM Technologies
TTMI
$12B
| $5.02M | 0.01% |
315,506
+21,637
| +7% | +$387K |
|
1798
Restaurant Brands International
QSR
$25.8B
| $5.02M | 0.01% |
+84,800
| New | +$5.16M |
|
|
JE
1799
DELISTED
Just Energy Group Inc
JE
| $5.01M | 0.01% |
49,006
-1,964
| -4% | -$217K |
|
1800
Hingham Institution for Saving
HIFS
$622M
| $5.01M | 0.01% |
22,800
+200
| +0.9% | +$43.8K |
|
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.