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 | |
|---|---|---|---|---|---|---|
1851
Voyager Therapeutics
VYGR
$183M
| $4.06M | ﹤0.01% |
432,301
+356,901
| +473% | +$4.58M |
|
1852
KVH Industries
KVHI
$181M
| $4.05M | ﹤0.01% |
394,000
+8,000
| +2% | +$91.4K |
|
|
MTLS
1853
Materialise
MTLS
$368M
| $4.04M | ﹤0.01% |
201,500
-26,500
| -12% | -$385K |
|
1854
ICL Group
ICL
$6.53B
| $4.03M | ﹤0.01% |
712,475
+83,968
| +13% | +$497K |
|
1855
Southern Missouri Bancorp
SMBC
$852M
| $4.03M | ﹤0.01% |
118,934
-166
| -0.1% | -$5.77K |
|
1856
Zymeworks
ZYME
$1.61B
| $4.03M | ﹤0.01% |
274,300
-102,500
| -27% | -$1.34M |
|
|
ACH
1857
DELISTED
Alum Corp of China Ltd
ACH
| $4.02M | ﹤0.01% |
514,300
-47,700
| -8% | -$447K |
|
|
EXTN
1858
DELISTED
Exterran Corporation
EXTN
| $4.02M | ﹤0.01% |
227,100
+47,700
| +27% | +$1.07M |
|
1859
Apyx Medical
APYX
$173M
| $4.02M | ﹤0.01% |
619,925
+70,225
| +13% | +$425K |
|
1860
Sibanye-Stillwater
SBSW
$6.26B
| $4.01M | ﹤0.01% |
1,416,956
+1,100,126
| +347% | +$2.98M |
|
1861
Karyopharm Therapeutics
KPTI
$43.5M
| $3.99M | ﹤0.01% |
28,417
+23,704
| +503% | +$4M |
|
1862
Superior Group of Companies
SGC
$185M
| $3.99M | ﹤0.01% |
226,300
+3,800
| +2% | +$68.9K |
|
1863
Old National Bancorp
ONB
$10.2B
| $3.99M | ﹤0.01% |
+259,076
| New | +$4.63M |
|
1864
AstroNova
ALOT
$225M
| $3.99M | ﹤0.01% |
212,750
-5,850
| -3% | -$114K |
|
1865
Gorman-Rupp
GRC
$2.14B
| $3.99M | ﹤0.01% |
123,000
-4,815
| -4% | -$161K |
|
|
HUD
1866
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $3.98M | ﹤0.01% |
232,100
+51,200
| +28% | +$1.01M |
|
|
WBT
1867
DELISTED
Welbilt, Inc.
WBT
| $3.95M | ﹤0.01% |
+355,300
| New | +$5.48M |
|
|
PFNX
1868
DELISTED
Pfenex Inc.
PFNX
| $3.95M | ﹤0.01% |
1,237,105
+31,100
| +3% | +$133K |
|
1869
Ardelyx
ARDX
$1.22B
| $3.94M | ﹤0.01% |
2,198,721
+1,017,721
| +86% | +$3M |
|
1870
SFL Corp
SFL
$1.64B
| $3.93M | ﹤0.01% |
372,832
-301,300
| -45% | -$3.77M |
|
1871
Aviat Networks
AVNW
$265M
| $3.92M | ﹤0.01% |
592,024
-47,742
| -7% | -$356K |
|
1872
OneSpan
OSPN
$574M
| $3.92M | ﹤0.01% |
302,470
+53,300
| +21% | +$866K |
|
1873
GSI Technology
GSIT
$215M
| $3.9M | ﹤0.01% |
759,639
+25,887
| +4% | +$151K |
|
|
MINI
1874
DELISTED
Mobile Mini Inc
MINI
| $3.9M | ﹤0.01% |
122,775
+117,775
| +2,356% | +$4.56M |
|
1875
ASE Group
ASX
$77.3B
| $3.9M | ﹤0.01% |
1,039,149
+691,343
| +199% | +$2.74M |
|
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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.