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 |
Apple
AAPL
|
+$535M |
| 2 |
Meta Platforms (Facebook)
META
|
+$388M |
| 3 |
SLB Ltd
SLB
|
+$348M |
| 4 |
Visa
V
|
+$230M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Danaher
DHR
|
+$350M |
| 2 |
Chevron
CVX
|
+$349M |
| 3 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$337M |
| 4 |
Dell
DELL
|
+$332M |
| 5 |
SODA
SodaStream International Ltd
SODA
|
+$251M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.48% |
| 2 | Technology | 13.21% |
| 3 | Financials | 10.74% |
| 4 | Real Estate | 9.97% |
| 5 | Utilities | 9.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1826
Preformed Line Products
PLPC
$1.74B
| $4.26M | ﹤0.01% |
78,514
-4,286
| -5% | -$278K |
|
|
CTLP
1827
DELISTED
Cantaloupe
CTLP
| $4.25M | ﹤0.01% |
1,092,500
+822,183
| +304% | +$4.31M |
|
1828
Veeco
VECO
$3.05B
| $4.25M | ﹤0.01% |
572,981
+469,544
| +454% | +$4.02M |
|
1829
Strategy Inc
MSTR
$34.6B
| $4.23M | ﹤0.01% |
331,000
-372,000
| -53% | -$4.71M |
|
1830
Sociedad Química y Minera de Chile
SQM
$19B
| $4.22M | ﹤0.01% |
110,200
-59,800
| -35% | -$2.58M |
|
1831
Crawford & Co Class A
CRD.A
$537M
| $4.21M | ﹤0.01% |
473,205
+26,005
| +6% | +$234K |
|
|
RUTH
1832
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.2M | ﹤0.01% |
184,900
+135,943
| +278% | +$3.59M |
|
1833
Nexstar Media Group
NXST
$5.88B
| $4.19M | ﹤0.01% |
+53,305
| New | +$4.22M |
|
1834
Trimble
TRMB
$13.4B
| $4.18M | ﹤0.01% |
127,144
+65,400
| +106% | +$2.41M |
|
1835
Alpha Pro Tech
APT
$51.9M
| $4.16M | ﹤0.01% |
1,122,470
-84,247
| -7% | -$300K |
|
1836
OFG Bancorp
OFG
$2.25B
| $4.16M | ﹤0.01% |
252,586
-52,284
| -17% | -$880K |
|
1837
Rocky Mountain Chocolate Factory
RMCF
$8.26M
| $4.16M | ﹤0.01% |
487,939
-23,438
| -5% | -$205K |
|
1838
Vipshop
VIPS
$7.46B
| $4.16M | ﹤0.01% |
761,402
-1,099,679
| -59% | -$5.92M |
|
1839
Nelnet
NNI
$4.92B
| $4.15M | ﹤0.01% |
79,300
-29,400
| -27% | -$1.58M |
|
|
KW
1840
DELISTED
Kennedy-Wilson Holdings
KW
| $4.11M | ﹤0.01% |
226,310
+57,410
| +34% | +$1.1M |
|
1841
Iron Mountain
IRM
$36.7B
| $4.11M | ﹤0.01% |
126,700
-55,800
| -31% | -$1.83M |
|
1842
Willis Towers Watson
WTW
$31.5B
| $4.1M | ﹤0.01% |
27,020
-3,400
| -11% | -$509K |
|
1843
Marvell Technology
MRVL
$169B
| $4.1M | ﹤0.01% |
+253,187
| New | +$4.2M |
|
1844
Global Industrial
GIC
$1.37B
| $4.1M | ﹤0.01% |
171,500
+75,500
| +79% | +$2.14M |
|
|
GRMN
1845
Garmin
GRMN
$58B
| $4.1M | ﹤0.01% |
64,700
-148,342
| -70% | -$9.6M |
|
1846
Cameco
CCJ
$38.9B
| $4.09M | ﹤0.01% |
360,000
+70,500
| +24% | +$816K |
|
1847
Western Union
WU
$2.04B
| $4.09M | ﹤0.01% |
239,700
-148,700
| -38% | -$2.7M |
|
1848
Hovnanian Enterprises
HOV
$752M
| $4.09M | ﹤0.01% |
239,082
+7,450
| +3% | +$236K |
|
1849
Invesco Preferred ETF
PGX
$3.81B
| $4.07M | ﹤0.01% |
302,000
+238,604
| +376% | +$3.29M |
|
1850
Quest Diagnostics
DGX
$25.7B
| $4.07M | ﹤0.01% |
48,820
-210,580
| -81% | -$19.7M |
|
Similar funds
Renaissance Technologies's Q4 2018 Portfolio in Review
As of Q4 2018, Renaissance Technologies held 3,847 positions worth $91.3B, down 6.1% from $97.3B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Renaissance Technologies deployed $8.84B of net new capital in Q4 2018, opening 522 new positions and adding to 1,588 existing holdings. Its largest new stake was Apple: 11,041,936 shares worth $435M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 18% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Dell, an estimated $332M trimmed.
- Renaissance Technologies's largest Q4 2018 buy was Apple: 11,041,936 shares worth $435M.
- Renaissance Technologies added most to Meta Platforms (Facebook) in Q4 2018, an estimated $388M increase.
- Renaissance Technologies's biggest Q4 2018 reduction was Dell, cutting an estimated $332M.
- Renaissance Technologies fully exited Danaher in Q4 2018, selling an estimated $350M.
- Renaissance Technologies's ten largest holdings make up 9.1% of its $91.3B portfolio in Q4 2018.
- Renaissance Technologies opened 522 new positions and closed 504 in Q4 2018.
- Renaissance Technologies's portfolio value fell 6.1% quarter-over-quarter to $91.3B.
Based on Renaissance Technologies's 13F filing for Q4 2018, filed 13 Feb 2019.